Gather all your ingredients.

In a mixing bowl, combine the softened cream cheese and shredded cheddar cheese. Mix until smooth. Add powdered sugar, vanilla extract, and pumpkin pie spice. Mix until well combined.

Shape the mixture into a ball and wrap it tightly in plastic wrap. Chill in the refrigerator for at least 2 hours.

Unwrap the cheese ball and roll it in chopped pecans and dried cranberries until fully coated.

Serve with graham crackers or apple slices.