Butter and margarine priced at $20 in 2021 $22.93 in 2022

Butter And Margarine Inflation Calculator


Prices for Butter And Margarine, 2021-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for butter and margarine are 14.63% higher in 2022 versus 2021 (a $2.93 difference in value).

Between 2021 and 2022: Butter and margarine experienced an average inflation rate of 14.63% per year. This rate of change indicates significant inflation. In other words, butter and margarine costing $20 in the year 2021 would cost $22.93 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 6.41% during this same period, inflation for butter and margarine was significantly higher.

In the year 2021: Pricing changed by 1.38%, which is significantly below the average yearly change for butter and margarine during the 2021-2022 time period. Compared to inflation for all items in 2021 (4.70%), inflation for butter and margarine was much lower.

Price Inflation for Butter and margarine since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2001 (14.89%), 2004 (14.87%), and 2022 (14.63%).

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Buying power of $20.00 since 2021

Below are calculations of equivalent buying power for Butter and margarine, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
* Not final. See inflation summary for latest details.

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


Adjust butter and margarine prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2021 * 2021 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Butter and margarine was 210.403 in the year 2021 and 241.179 in 2022:

241.179 / 210.403 * $20 = $22.93

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $22.93 in 2022 (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 1997. 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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