Dairy and related products priced at $20 in 2016 $20.98 in 2020

Dairy And Related Products Inflation Calculator

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Prices for Dairy And Related Products, 2016-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for dairy and related products were 4.91% higher in 2020 versus 2016 (a $0.98 difference in value).

Between 2016 and 2020: Dairy and related products experienced an average inflation rate of 1.21% per year. In other words, dairy and related products costing $20 in the year 2016 would cost $20.98 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.87% during this same period, inflation for dairy and related products was lower.

In the year 2016: Pricing changed by -2.30%, which is significantly below the average yearly change for dairy and related products during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for dairy and related products was much lower.

Price Inflation for Dairy and related products since 1989

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (9.42%), 2008 (8.02%), and 2007 (7.39%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dairy and related products:

Year 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 115.600 126.492 125.083 128.508 129.367 131.742 132.833 142.092 145.500 150.767 159.575 160.625 167.058 168.108 167.875 180.200 182.383 181.358 194.769 210.396 197.013 199.245 212.759 217.213 217.529 225.327 222.428 217.313 217.463 216.467 218.695 227.983

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Buying power of $20 since 2016

Below are calculations of equivalent buying power for Dairy and related products, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2016 $20.00 -2.30%
2017 $20.01 0.07%
2018 $19.92 -0.46%
2019 $20.13 1.03%
2020 $20.98 4.25%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for dairy and related products, 2016-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2016 * 2016 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Dairy and related products was 217.313 in the year 2016 and 227.983 in 2020:

227.983 / 217.313 * $20 = $20.98

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $20.98 in 2020 (in the CPI category of Dairy and related products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dairy and related products in 1989. In addition to dairy and related products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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