Margarine priced at $1.73 in 2019 $2.69 in 2024

Margarine Inflation Calculator

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Prices for Margarine, 2019-2024 ($1.73)

According to the U.S. Bureau of Labor Statistics, prices for margarine are 55.67% higher in 2024 versus 2019 (a $0.96 difference in value).

The current national average price is $1.73 for "Margarine, soft, tubs, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.

Between 2019 and 2024: Margarine experienced an average inflation rate of 9.25% per year. This rate of change indicates significant inflation. In other words, margarine costing $1.73 in the year 2019 would cost $2.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.15% during this same period, inflation for margarine was significantly higher.

In the year 2019: Pricing changed by -0.37%, which is significantly below the average yearly change for margarine during the 2019-2024 time period. Compared to inflation for all items in 2019 (1.81%), inflation for margarine was lower.

Price Inflation for Margarine since 1939

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1974 (53.60%), 1947 (44.25%), and 2022 (31.29%).

Price history

The average price for Margarine is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Margarine, soft, tubs, per lb. (453.6 gm):

YearAverage price (Margarine)Inflation adjusted price (2024 dollars)
2019$1.64$1.64
2018$1.64$1.63
2017$1.73$1.71
2016$1.82$1.84
2015$1.93$1.98
2014$2.07$2.12
2013$2.10$2.16
2012$2.05$2.09
2011$1.83$1.98
2010$1.55$1.93
2009$1.59$1.94
2008$1.39$1.82
2007$1.20$1.90
2006$1.08$1.80
2005$1.02$1.71
2004$1.08$1.81
2003$1.00$1.74
2002$0.90$1.61
2001$0.85$1.59
2000$0.83$1.60
1999$1.00$1.94
1998$1.00$1.98
1997$1.00$2.05
1996$1.00$2.06
1995$1.04$2.19
1994$1.15$2.49
1993$1.18$2.63
1992$1.30$2.93
1991$1.29$2.88
1990$1.20$2.74
1989$1.17$2.76
1988$1.04$2.70
1987$0.97$2.70
1986$1.02$2.77
1985$1.02$2.72
1984$1.01$2.81

View price changes for other categories
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Buying power of $1.73 since 2019

Below are calculations of equivalent buying power for Margarine, over time, for $1.73 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2019$1.73-0.37%
2020$1.772.55%
2021$1.843.54%
2022$2.4131.29%
2023$2.7513.91%
2024$2.69-1.97%*

* 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 Margarine:

Year19391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI21.20020.68522.39229.16229.93129.82329.80834.90850.35450.99237.86237.16241.62335.39235.61535.93834.82335.06236.42335.71534.15432.93135.10034.88533.82333.81536.10837.04637.15436.60836.51539.40043.08543.71549.55476.11583.43869.95476.41584.00089.26292.76295.23895.97796.915107.100111.754109.569107.062115.092126.608130.723133.008131.954132.869137.908141.685144.615145.354150.577153.923153.562159.515165.538171.231178.262177.023179.123188.012227.671243.778239.233274.546292.718288.892290.596289.976294.444301.566298.500297.405304.987315.791414.586472.267462.964

Adjust margarine prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2019 * 2019 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Margarine was 297.405 in the year 2019 and 462.964 in 2024:

462.964 / 297.405 * $1.73 = $2.69

Therefore, according to U.S. Bureau of Labor Statistics, $1.73 in 2019 has the same "purchasing power" as $2.69 in 2024 (in the CPI category of Margarine).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Margarine in 1939. In addition to 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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