How much did cheddar cheese cost in 2016?
Cheddar cheese averaged $5.23 per lb in 2016 — about $7.30 in 2026 dollars.
12 monthly observations · Source: BLS series APU0000710212.
In 2016, cheddar cheese averaged $5.23 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 $4.90 in December to $5.41 in January. Over the year it fell from $5.41 in January to $4.90 in December, a 9.5% decline.
Adjusted for inflation, $5.23 in 2016 is worth about $7.30 in 2026 dollars. Today cheddar cheese averages $5.69 per lb, so in real terms it is 22% cheaper than it was in 2016. In plain (unadjusted) dollars the price is up 9% versus the 2016 average.
2016 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $5.41 | ▲ 1.6% |
| February | $5.37 | ▼ 0.8% |
| March | $5.36 | ▼ 0.1% |
| April | $5.40 | ▲ 0.7% |
| May | $5.37 | ▼ 0.6% |
| June | $5.27 | ▼ 1.8% |
| July | $5.18 | ▼ 1.6% |
| August | $5.27 | ▲ 1.7% |
| September | $5.02 | ▼ 4.7% |
| October | $5.35 | ▲ 6.5% |
| November | $4.91 | ▼ 8.2% |
| December | $4.90 | ▼ 0.4% |
| 2016 average | $5.23 |
FAQ
What was the average price of cheddar cheese in 2016?
Cheddar cheese averaged $5.23 per lb in 2016, based on 12 months of BLS average price data.
How much is $5.23 of 2016 cheddar cheese worth today?
Adjusted for inflation with the CPI-U, $5.23 in 2016 is about $7.30 in 2026 dollars.
How does the 2016 price of cheddar cheese compare to now?
Cheddar cheese now averages $5.69 per lb, up 9% from the 2016 average of $5.23.
Cite this
Basket Report. "Cheddar cheese price in 2016 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/cheese/2016/. Data: U.S. Bureau of Labor Statistics, series APU0000710212. <a href="https://basketreport.com/prices/cheese/2016/">Cheddar cheese price in 2016 (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 2016 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/cheese/2016/