Butter and margarine priced at $20 in 2016 $20.73 in 2020

Butter And Margarine Inflation Calculator

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Prices for Butter And Margarine, 2016-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for butter and margarine were 3.66% higher in 2020 versus 2016 (a $0.73 difference in value).

Between 2016 and 2020: Butter and margarine experienced an average inflation rate of 0.90% per year. In other words, butter and margarine costing $20 in the year 2016 would cost $20.73 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.83% during this same period, inflation for butter and margarine was lower.

In the year 2016: Pricing changed by 0.78%, which is below the average yearly change for butter and margarine during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for butter and margarine was lower.

Price Inflation for Butter and margarine since 2002

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2004 (14.83%), 2011 (14.51%), and 2008 (13.39%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Butter and margarine:

Year 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 121.008 119.483 137.208 136.233 132.567 136.240 154.483 155.920 160.766 184.091 183.747 183.909 197.431 199.319 200.870 204.792 205.477 206.058 208.223

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Buying power of $20 since 2016

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
2016 $20.00 0.78%
2017 $20.39 1.95%
2018 $20.46 0.33%
2019 $20.52 0.28%
2020 $20.73 1.05%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for butter and margarine, 2016-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2016 * 2016 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Butter and margarine was 200.870 in the year 2016 and 208.223 in 2020:

208.223 / 200.870 * $20 = $20.73

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $20.73 in 2020 (in the CPI category of Butter and margarine).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Butter and margarine in 2002. In addition to butter and margarine, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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