According to the U.S. Bureau of Labor Statistics, prices for butter and margarine were 5.44% higher in 2020 versus 2014 (a $1.09 difference in value).
Between 2014 and 2020: Butter and margarine experienced an average inflation rate of 0.89% per year. In other words, butter and margarine costing $20 in the year 2014 would cost $21.09 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for butter and margarine was lower.
In the year 2014: Pricing changed by 7.35%, which is significantly above the average yearly change for butter and margarine during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation for butter and margarine was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Butter and margarine:
Below are calculations of equivalent buying power for Butter and margarine, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|