Other dairy and related products priced at $20 in 1997 $30.63 in 2021

Other Dairy And Related Products Inflation Calculator

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Prices for Other Dairy And Related Products, 1997-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other dairy and related products were 53.17% higher in 2021 versus 1997 (a $10.63 difference in value).

Between 1997 and 2021: Other dairy and related products experienced an average inflation rate of 1.79% per year. In other words, other dairy and related products costing $20 in the year 1997 would cost $30.63 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for other dairy and related products was lower.

Price Inflation for Other dairy and related products since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (7.71%), 2007 (6.13%), and 1999 (5.17%).

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

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
CPI 100.000 101.931 107.200 109.438 112.469 114.531 115.000 120.162 122.108 122.838 130.364 140.413 137.100 136.102 140.557 144.622 143.382 144.945 147.344 146.221 147.168 146.721 148.350 151.911 153.171

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Buying power of $20 since 1997

Below are calculations of equivalent buying power for Other dairy and related products, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1997 $20.00 -
1998 $20.39 1.93%
1999 $21.44 5.17%
2000 $21.89 2.09%
2001 $22.49 2.77%
2002 $22.91 1.83%
2003 $23.00 0.41%
2004 $24.03 4.49%
2005 $24.42 1.62%
2006 $24.57 0.60%
2007 $26.07 6.13%
2008 $28.08 7.71%
2009 $27.42 -2.36%
2010 $27.22 -0.73%
2011 $28.11 3.27%
2012 $28.92 2.89%
2013 $28.68 -0.86%
2014 $28.99 1.09%
2015 $29.47 1.66%
2016 $29.24 -0.76%
2017 $29.43 0.65%
2018 $29.34 -0.30%
2019 $29.67 1.11%
2020 $30.38 2.40%
2021 $30.63 0.83%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other dairy and related products, 1997-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1997 * 1997 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Other dairy and related products was 100.000 in the year 1997 and 153.171 in 2021:

153.171 / 100.000 * $20 = $30.63

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $30.63 in 2021 (in the CPI category of Other dairy and related products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other dairy and related products in 1997. In addition to other 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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