According to the U.S. Bureau of Labor Statistics, prices for butter and margarine were 2.96% higher in 2021 versus 2016 (a $0.59 difference in value).
Between 2016 and 2021: Butter and margarine experienced an average inflation rate of 0.59% per year. In other words, butter and margarine costing $20 in the year 2016 would cost $20.59 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.74% during this same period, inflation for butter and margarine was lower.
In the year 2016: Pricing changed by 0.77%, which is above the average yearly change for butter and margarine during the 2016-2021 time period. Compared to inflation for all items in 2016 (1.26%), inflation for butter and margarine was lower.
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 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|