How much did cheddar cheese cost in 2020?
Cheddar cheese averaged $5.50 per lb in 2020 — about $7.12 in 2026 dollars.
12 monthly observations · Source: BLS series APU0000710212.
In 2020, cheddar cheese averaged $5.50 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 $5.20 in January to $5.62 in June. Over the year it rose from $5.20 in January to $5.54 in December, a 6.5% increase.
Adjusted for inflation, $5.50 in 2020 is worth about $7.12 in 2026 dollars. Today cheddar cheese averages $5.69 per lb, so in real terms it is 20% cheaper than it was in 2020. In plain (unadjusted) dollars the price is up 3% versus the 2020 average.
2020 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $5.20 | ▼ 1.9% |
| February | $5.38 | ▲ 3.4% |
| March | $5.33 | ▼ 1.0% |
| April | $5.45 | ▲ 2.3% |
| May | $5.56 | ▲ 1.9% |
| June | $5.62 | ▲ 1.1% |
| July | $5.52 | ▼ 1.8% |
| August | $5.57 | ▲ 1.0% |
| September | $5.61 | ▲ 0.7% |
| October | $5.58 | ▼ 0.5% |
| November | $5.59 | ▲ 0.1% |
| December | $5.54 | ▼ 0.9% |
| 2020 average | $5.50 |
FAQ
What was the average price of cheddar cheese in 2020?
Cheddar cheese averaged $5.50 per lb in 2020, based on 12 months of BLS average price data.
How much is $5.50 of 2020 cheddar cheese worth today?
Adjusted for inflation with the CPI-U, $5.50 in 2020 is about $7.12 in 2026 dollars.
How does the 2020 price of cheddar cheese compare to now?
Cheddar cheese now averages $5.69 per lb, up 3% from the 2020 average of $5.50.
Cite this
Basket Report. "Cheddar cheese price in 2020 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/cheese/2020/. Data: U.S. Bureau of Labor Statistics, series APU0000710212. <a href="https://basketreport.com/prices/cheese/2020/">Cheddar cheese price in 2020 (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 2020 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/cheese/2020/