THE GROCERY PRICE INDEX

How much did cheddar cheese cost in 2002?

Cheddar cheese averaged $4.22 per lb in 2002 — about $7.86 in 2026 dollars.

Cheddar cheese price in 2002 Monthly average price (USD per lb) · 2002
$4.10$4.15$4.20$4.25$4.30$4.35$4.40JanMarMayJulAugOctDecJan 2002$4.23Sep 2002$4.38Dec 2002$4.11basketreport.com

12 monthly observations · Source: BLS series APU0000710212.

In 2002, cheddar cheese averaged $4.22 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 $4.11 in April to $4.38 in September. Over the year it fell from $4.23 in January to $4.11 in December, a 2.9% decline.

Adjusted for inflation, $4.22 in 2002 is worth about $7.86 in 2026 dollars. Today cheddar cheese averages $5.69 per lb, so in real terms it is 28% cheaper than it was in 2002. In plain (unadjusted) dollars the price is up 35% versus the 2002 average.

2002 monthly prices

MonthPriceMoM
January $4.23 ▲ 1.5%
February $4.18 ▼ 1.2%
March $4.16 ▼ 0.4%
April $4.11 ▼ 1.3%
May $4.20 ▲ 2.3%
June $4.31 ▲ 2.6%
July $4.29 ▼ 0.4%
August $4.35 ▲ 1.2%
September $4.38 ▲ 0.8%
October $4.16 ▼ 5.0%
November $4.14 ▼ 0.5%
December $4.11 ▼ 0.8%
2002 average$4.22

FAQ

What was the average price of cheddar cheese in 2002?

Cheddar cheese averaged $4.22 per lb in 2002, based on 12 months of BLS average price data.

How much is $4.22 of 2002 cheddar cheese worth today?

Adjusted for inflation with the CPI-U, $4.22 in 2002 is about $7.86 in 2026 dollars.

How does the 2002 price of cheddar cheese compare to now?

Cheddar cheese now averages $5.69 per lb, up 35% from the 2002 average of $4.22.

Cite this

Plain text
Basket Report. "Cheddar cheese price in 2002 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/cheese/2002/. Data: U.S. Bureau of Labor Statistics, series APU0000710212.
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<a href="https://basketreport.com/prices/cheese/2002/">Cheddar cheese price in 2002 (U.S. average) — Basket Report</a> (data: U.S. Bureau of Labor Statistics, series APU0000710212; retrieved June 26, 2026)
APA
Basket Report. (2026). Cheddar cheese price in 2002 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/cheese/2002/