At the store deli, you spent $13.45 on 5 pounds of cheese. How much would it cost to buy 2 pounds of cheese?

To find out the cost of 2 pounds of cheese, we can use the unitary method.

1 pound of cheese costs 13.45/5 = $2.69.
Therefore, 2 pounds of cheese would cost 2 x $2.69 = $<<2*2.69=5.38>>5.38. Answer: \boxed{5.38}.