How much did cheddar cheese cost in 1994?
Cheddar cheese averaged $3.35 per lb in 1994 — about $7.57 in 2026 dollars.
12 monthly observations · Source: BLS series APU0000710212.
In 1994, cheddar cheese averaged $3.35 per lb at the U.S. city average, across all twelve months, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $3.27 in May to $3.41 in March. Over the year it fell from $3.35 in January to $3.32 in December, a 0.8% decline.
Adjusted for inflation, $3.35 in 1994 is worth about $7.57 in 2026 dollars. Today cheddar cheese averages $5.69 per lb, so in real terms it is 25% cheaper than it was in 1994. In plain (unadjusted) dollars the price is up 70% versus the 1994 average.
1994 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $3.35 | ▼ 0.3% |
| February | $3.37 | ▲ 0.5% |
| March | $3.41 | ▲ 1.3% |
| April | $3.40 | ▼ 0.3% |
| May | $3.27 | ▼ 4.0% |
| June | $3.28 | ▲ 0.5% |
| July | $3.33 | ▲ 1.5% |
| August | $3.38 | ▲ 1.6% |
| September | $3.39 | ▲ 0.3% |
| October | $3.33 | ▼ 1.7% |
| November | $3.39 | ▲ 1.6% |
| December | $3.32 | ▼ 1.9% |
| 1994 average | $3.35 |
FAQ
What was the average price of cheddar cheese in 1994?
Cheddar cheese averaged $3.35 per lb in 1994, based on 12 months of BLS average price data.
How much is $3.35 of 1994 cheddar cheese worth today?
Adjusted for inflation with the CPI-U, $3.35 in 1994 is about $7.57 in 2026 dollars.
How does the 1994 price of cheddar cheese compare to now?
Cheddar cheese now averages $5.69 per lb, up 70% from the 1994 average of $3.35.
Cite this
Basket Report. "Cheddar cheese price in 1994 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/cheese/1994/. Data: U.S. Bureau of Labor Statistics, series APU0000710212. <a href="https://basketreport.com/prices/cheese/1994/">Cheddar cheese price in 1994 (U.S. average) — Basket Report</a> (data: U.S. Bureau of Labor Statistics, series APU0000710212; retrieved June 26, 2026) Basket Report. (2026). Cheddar cheese price in 1994 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/cheese/1994/