According to the U.S. Bureau of Labor Statistics, prices for fresh milk other than whole are 66.93% higher in 2024 versus 2000 (a $13.39 difference in value).
Between 2000 and 2024: Fresh milk other than whole experienced an average inflation rate of 2.16% per year. This rate of change indicates significant inflation. In other words, fresh milk other than whole costing $20 in the year 2000 would cost $33.39 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for fresh milk other than whole was lower.
In the year 2000: Pricing changed by 0.62%, which is below the average yearly change for fresh milk other than whole during the 2000-2024 time period. Compared to inflation for all items in 2000 (3.38%), inflation for fresh milk other than whole was lower.
Below are calculations of equivalent buying power for Fresh milk other than whole, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $20.00 | 0.62% |
2001 | $20.79 | 3.93% |
2002 | $20.53 | -1.25% |
2003 | $20.82 | 1.43% |
2004 | $23.03 | 10.61% |
2005 | $23.59 | 2.43% |
2006 | $23.41 | -0.76% |
2007 | $25.89 | 10.58% |
2008 | $27.43 | 5.96% |
2009 | $24.41 | -11.00% |
2010 | $25.20 | 3.24% |
2011 | $27.40 | 8.71% |
2012 | $27.75 | 1.29% |
2013 | $27.99 | 0.85% |
2014 | $29.20 | 4.34% |
2015 | $27.73 | -5.06% |
2016 | $26.42 | -4.72% |
2017 | $26.26 | -0.61% |
2018 | $25.98 | -1.06% |
2019 | $26.72 | 2.87% |
2020 | $28.08 | 5.08% |
2021 | $28.89 | 2.88% |
2022 | $33.00 | 14.24% |
2023 | $33.50 | 1.50% |
2024 | $33.39 | -0.34%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh milk other than whole:
Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 101.315 | 108.269 | 108.938 | 113.215 | 111.800 | 113.400 | 125.431 | 128.485 | 127.508 | 141.000 | 149.409 | 132.972 | 137.282 | 149.243 | 151.172 | 152.455 | 159.073 | 151.031 | 143.899 | 143.015 | 141.500 | 145.554 | 152.948 | 157.349 | 179.761 | 182.464 | 181.848 |