According to the U.S. Bureau of Labor Statistics, prices for butter were 34.72% higher in 2020 versus 2005 (a $6.94 difference in value).
Between 2005 and 2020: Butter experienced an average inflation rate of 2.01% per year. This rate of change indicates significant inflation. In other words, butter costing $20 in the year 2005 would cost $26.94 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for butter was higher.
In the year 2005: Pricing changed by -1.35%, which is significantly below the average yearly change for butter during the 2005-2020 time period. Compared to inflation for all items in 2005 (3.39%), inflation for butter was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Butter:
Year | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
CPI | 14.508 | 16.146 | 18.469 | 21.269 | 23.431 | 22.269 | 22.546 | 31.808 | 36.085 | 38.892 | 32.508 | 32.685 | 36.692 | 38.338 | 35.600 | 32.623 | 31.977 | 32.708 | 33.692 | 33.662 | 34.154 | 34.000 | 34.723 | 34.215 | 34.154 | 34.500 | 35.054 | 38.138 | 39.192 | 39.500 | 40.000 | 40.954 | 41.462 | 41.277 | 43.392 | 44.746 | 48.692 | 60.008 | 63.423 | 70.315 | 79.554 | 89.400 | 96.231 | 98.415 | 99.569 | 101.992 | 103.092 | 103.400 | 105.254 | 104.931 | 104.962 | 98.477 | 95.808 | 92.408 | 86.769 | 82.885 | 85.685 | 107.600 | 114.754 | 150.454 | 145.754 | 135.862 | 171.615 | 155.954 | 144.877 | 187.115 | 184.592 | 171.162 | 170.683 | 178.170 | 165.401 | 182.593 | 210.795 | 196.102 | 198.410 | 227.375 | 232.833 | 234.484 | 240.409 | 243.882 | 246.620 | 248.691 |
Below are calculations of equivalent buying power for Butter, over time, for $20 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2005 | $20.00 | -1.35% |
2006 | $18.54 | -7.28% |
2007 | $18.49 | -0.28% |
2008 | $19.30 | 4.39% |
2009 | $17.92 | -7.17% |
2010 | $19.78 | 10.39% |
2011 | $22.84 | 15.45% |
2012 | $21.25 | -6.97% |
2013 | $21.50 | 1.18% |
2014 | $24.64 | 14.60% |
2015 | $25.23 | 2.40% |
2016 | $25.41 | 0.71% |
2017 | $26.05 | 2.53% |
2018 | $26.42 | 1.44% |
2019 | $26.72 | 1.12% |
2020 | $26.94 | 0.84%* |