Fats and oils priced at $20 in 1974 $95.08 in 2025

Fats And Oils Inflation Calculator

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Prices for Fats And Oils, 1974-2025 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fats and oils are 375.38% higher in 2025 versus 1974 (a $75.08 difference in value).

Between 1974 and 2025: Fats and oils experienced an average inflation rate of 3.10% per year. This rate of change indicates significant inflation. In other words, fats and oils costing $20 in the year 1974 would cost $95.08 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.73% during this same period, inflation for fats and oils was lower.

In the year 1974: Pricing changed by 41.96%, which is significantly above the average yearly change for fats and oils during the 1974-2025 time period. Compared to inflation for all items in 1974 (11.05%), inflation for fats and oils was much higher.

Price Inflation for Fats and oils since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1974 (41.96%), 2022 (18.53%), and 2008 (13.78%).

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Buying power of $20.00 since 1974

Below are calculations of equivalent buying power for Fats and oils, over time, for $20 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$20.0041.96%
1975$22.1510.74%
1976$19.37-12.56%
1977$21.3410.18%
1978$23.379.49%
1979$25.237.98%
1980$26.896.60%
1981$29.7810.74%
1982$28.94-2.82%
1983$29.341.36%
1984$32.109.43%
1985$32.822.24%
1986$32.08-2.25%
1987$32.561.48%
1988$34.084.67%
1989$36.517.13%
1990$38.064.25%
1991$39.694.27%
1992$39.12-1.44%
1993$39.160.12%
1994$40.232.72%
1995$41.362.80%
1996$42.332.36%
1997$42.700.85%
1998$44.263.66%
1999$44.670.92%
2000$44.41-0.57%
2001$46.915.62%
2002$46.83-0.17%
2003$47.411.25%
2004$50.556.62%
2005$50.53-0.04%
2006$50.610.16%
2007$52.102.93%
2008$59.2813.78%
2009$60.622.27%
2010$60.43-0.32%
2011$66.039.26%
2012$70.076.12%
2013$69.09-1.40%
2014$69.190.15%
2015$68.48-1.03%
2016$68.07-0.59%
2017$68.600.78%
2018$68.700.14%
2019$68.21-0.71%
2020$69.131.34%
2021$72.324.62%
2022$85.7218.53%
2023$93.428.98%
2024$95.672.41%
2025$95.08-0.62%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


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

Year19671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI37.00836.68536.83839.15442.70043.15446.76266.38573.51564.28570.83177.55483.74689.26998.85496.06997.377106.562108.946106.492108.069113.115121.177126.331131.731129.838129.992133.531137.269140.515141.715146.908148.262147.415155.700155.438157.377167.792167.723167.992172.921196.751201.224200.587219.163232.579229.316229.658227.293225.947227.715228.035226.419229.455240.055284.530310.076317.546315.582

Adjust fats and oils prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1974 * 1974 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Fats and oils was 66.385 in the year 1974 and 315.582 in 2025:

315.582 / 66.385 * $20 = $95.08

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1974 has the same "purchasing power" as $95.08 in 2025 (in the CPI category of Fats and oils).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fats and oils in 1967. In addition to fats and oils, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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