According to the U.S. Bureau of Labor Statistics, prices for other dairy and related products are 87.42% higher in 2024 versus 1998 (a $17.48 difference in value).
Between 1998 and 2024: Other dairy and related products experienced an average inflation rate of 2.45% per year. This rate of change indicates significant inflation. In other words, other dairy and related products costing $20 in the year 1998 would cost $37.48 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for other dairy and related products was lower.
In the year 1998: Pricing changed by 1.93%, which is below the average yearly change for other dairy and related products during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for other dairy and related products was higher.
Below are calculations of equivalent buying power for Other dairy and related products, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | 1.93% |
| 1999 | $21.03 | 5.17% |
| 2000 | $21.47 | 2.09% |
| 2001 | $22.07 | 2.77% |
| 2002 | $22.47 | 1.83% |
| 2003 | $22.56 | 0.41% |
| 2004 | $23.58 | 4.49% |
| 2005 | $23.96 | 1.62% |
| 2006 | $24.10 | 0.60% |
| 2007 | $25.58 | 6.13% |
| 2008 | $27.55 | 7.71% |
| 2009 | $26.90 | -2.36% |
| 2010 | $26.70 | -0.73% |
| 2011 | $27.58 | 3.27% |
| 2012 | $28.38 | 2.89% |
| 2013 | $28.13 | -0.86% |
| 2014 | $28.44 | 1.09% |
| 2015 | $28.91 | 1.66% |
| 2016 | $28.69 | -0.76% |
| 2017 | $28.88 | 0.65% |
| 2018 | $28.79 | -0.30% |
| 2019 | $29.11 | 1.11% |
| 2020 | $29.81 | 2.40% |
| 2021 | $30.11 | 1.01% |
| 2022 | $34.60 | 14.91% |
| 2023 | $37.19 | 7.51% |
| 2024 | $37.48 | 0.78%* |
* 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 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 | 2022 | 2023 | 2024 |
| 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 | 153.452 | 176.329 | 189.565 | 191.043 |