diff --git a/CHANGELOG.md b/CHANGELOG.md
index 907e3ba438..64ab900794 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -26,6 +26,7 @@ This project adheres to [Semantic Versioning](https://semver.org/).
 - [#2292](https://github.com/plotly/dash/pull/2292) Pages: find the 404 page even if `pages_folder` is nested, or the 404 page is nested inside `pages_folder`.
 - [#2265](https://github.com/plotly/dash/pull/2265) Removed deprecated `before_first_request` as reported in [#2177](https://github.com/plotly/dash/issues/2177).
 - [#2257](https://github.com/plotly/dash/pull/2257) Fix tuple types in the TypeScript component generator.
+- [#2293](https://github.com/plotly/dash/pull/2293) Fix Dropdown useMemo not detecting equal objects
 
 ### Changed
 
diff --git a/components/dash-core-components/package-lock.json b/components/dash-core-components/package-lock.json
index 0811e76b3d..b2a07a3b6b 100644
--- a/components/dash-core-components/package-lock.json
+++ b/components/dash-core-components/package-lock.json
@@ -30,6 +30,7 @@
         "react-dates": "^21.8.0",
         "react-docgen": "^5.4.3",
         "react-dropzone": "^4.1.2",
+        "react-fast-compare": "^3.2.0",
         "react-markdown": "^4.3.1",
         "react-resize-detector": "^6.7.6",
         "react-select-fast-filter-options": "^0.2.3",
@@ -7049,6 +7050,11 @@
         "react": ">=0.14.0"
       }
     },
+    "node_modules/react-fast-compare": {
+      "version": "3.2.0",
+      "resolved": "https://registry.npmjs.org/react-fast-compare/-/react-fast-compare-3.2.0.tgz",
+      "integrity": "sha512-rtGImPZ0YyLrscKI9xTpV8psd6I8VAtjKCzQDlzyDvqJA8XOW78TXYQwNRNd8g8JZnDu8q9Fu/1v4HPAVwVdHA=="
+    },
     "node_modules/react-input-autosize": {
       "version": "2.2.2",
       "resolved": "https://registry.npmjs.org/react-input-autosize/-/react-input-autosize-2.2.2.tgz",
@@ -14302,6 +14308,11 @@
         "prop-types": "^15.5.7"
       }
     },
+    "react-fast-compare": {
+      "version": "3.2.0",
+      "resolved": "https://registry.npmjs.org/react-fast-compare/-/react-fast-compare-3.2.0.tgz",
+      "integrity": "sha512-rtGImPZ0YyLrscKI9xTpV8psd6I8VAtjKCzQDlzyDvqJA8XOW78TXYQwNRNd8g8JZnDu8q9Fu/1v4HPAVwVdHA=="
+    },
     "react-input-autosize": {
       "version": "2.2.2",
       "resolved": "https://registry.npmjs.org/react-input-autosize/-/react-input-autosize-2.2.2.tgz",
diff --git a/components/dash-core-components/package.json b/components/dash-core-components/package.json
index 578f7f952a..812c2c82a7 100644
--- a/components/dash-core-components/package.json
+++ b/components/dash-core-components/package.json
@@ -57,6 +57,7 @@
     "react-dates": "^21.8.0",
     "react-docgen": "^5.4.3",
     "react-dropzone": "^4.1.2",
+    "react-fast-compare": "^3.2.0",
     "react-markdown": "^4.3.1",
     "react-resize-detector": "^6.7.6",
     "react-select-fast-filter-options": "^0.2.3",
diff --git a/components/dash-core-components/src/fragments/Dropdown.react.js b/components/dash-core-components/src/fragments/Dropdown.react.js
index 8da5d0bd78..1812f6fa1f 100644
--- a/components/dash-core-components/src/fragments/Dropdown.react.js
+++ b/components/dash-core-components/src/fragments/Dropdown.react.js
@@ -1,5 +1,5 @@
 import {isNil, pluck, without, pick} from 'ramda';
-import React, {useState, useCallback, useEffect, useMemo} from 'react';
+import React, {useState, useCallback, useEffect, useMemo, useRef} from 'react';
 import ReactDropdown from 'react-virtualized-select';
 import createFilterOptions from 'react-select-fast-filter-options';
 import '../components/css/react-virtualized-select@3.1.0.css';
@@ -8,6 +8,7 @@ import '../components/css/Dropdown.css';
 
 import {propTypes, defaultProps} from '../components/Dropdown.react';
 import {sanitizeOptions} from '../utils/optionTypes';
+import isEqual from 'react-fast-compare';
 
 // Custom tokenizer, see https://github.com/bvaughn/js-search/issues/43
 // Split on spaces
@@ -47,6 +48,12 @@ const Dropdown = props => {
         value,
     } = props;
     const [optionsCheck, setOptionsCheck] = useState(null);
+    const persistentOptions = useRef(null);
+
+    if (!persistentOptions || !isEqual(options, persistentOptions.current)) {
+        persistentOptions.current = options;
+    }
+
     const [sanitizedOptions, filterOptions] = useMemo(() => {
         let sanitized = sanitizeOptions(options);
 
@@ -83,7 +90,7 @@ const Dropdown = props => {
                 indexes,
             }),
         ];
-    }, [options]);
+    }, [persistentOptions.current]);
 
     const onChange = useCallback(
         selectedOption => {
@@ -146,7 +153,7 @@ const Dropdown = props => {
         >
             <ReactDropdown
                 filterOptions={filterOptions}
-                options={sanitizeOptions(options)}
+                options={sanitizedOptions}
                 value={value}
                 onChange={onChange}
                 onInputChange={onInputChange}