Oranges priced at $1.73 in 1945 → $64.50 in 2024

Oranges Inflation Calculator

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Prices for Oranges, 1945-2024 ($1.73)

According to the U.S. Bureau of Labor Statistics, prices for oranges, including tangerines are 3,628.04% higher in 2024 versus 1945 (a $62.77 difference in value).

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

Between 1945 and 2024: Oranges experienced an average inflation rate of 4.69% per year. This rate of change indicates significant inflation. In other words, oranges costing $1.73 in the year 1945 would cost $64.50 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.68% during this same period, inflation for oranges was higher.

In the year 1945: Pricing changed by 8.20%, which is significantly above the average yearly change for oranges during the 1945-2024 time period. Compared to inflation for all items in 1945 (2.27%), inflation for oranges was much higher.

Price Inflation for Oranges, including tangerines since 1939

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (55.26%), 1978 (35.94%), and 1984 (35.25%).

Price history

The average price for Oranges 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 Oranges, Navel, per lb. (453.6 gm):

YearAverage price (Oranges)Inflation adjusted price (2024 dollars)
2024$1.73 (latest available value)$1.73
2023$1.58$1.62
2022$1.57$1.59
2021$1.36$1.55
2020$1.24$1.49
2019$1.37$1.59
2018$1.41$1.58
2017$1.34$1.54
2016$1.25$1.52
2015$1.30$1.61
2014$1.32$1.63
2013$1.15$1.54
2012$1.05$1.50
2011$1.10$1.55
2010$1.06$1.54
2009$1.05$1.53
2008$1.12$1.61
2007$1.28$1.68
2006$1.09$1.63
2005$1.00$1.67
2004$0.86$1.54
2003$0.84$1.65
2002$0.84$1.69
2001$0.72$1.58
2000$0.63$1.45
1999$0.84$1.49
1998$0.56$1.33
1997$0.60$1.57
1996$0.62$1.53
1995$0.62$1.65
1994$0.55$1.71
1993$0.55$1.72
1992$0.57$1.93
1991$0.78$1.87
1990$0.57$2.11
1989$0.52$2.09
1988$0.53$2.16
1987$0.54$2.37
1986$0.48$2.63
1985$0.53$2.64
1984$0.42$2.24
1983$0.39$2.77
1982$0.43$2.46
1981$0.39$2.85
1980$0.36$2.98
View price changes for other categories
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Buying power of $1.73 since 1945

Below are calculations of equivalent buying power for Oranges, over time, for $1.73 beginning in 1945. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1945$1.738.20%
1946$1.846.08%
1947$1.60-12.97%
1948$1.653.24%
1949$1.9115.65%
1950$1.82-4.77%
1951$1.79-1.61%
1952$1.853.69%
1953$1.81-2.39%
1954$2.0413.07%
1955$1.96-4.37%
1956$2.1811.32%
1957$2.17-0.38%
1958$2.8430.74%
1959$2.47-12.96%
1960$2.7912.86%
1961$2.914.59%
1962$2.992.67%
1963$3.4214.33%
1964$3.34-2.22%
1965$2.95-11.69%
1966$3.001.75%
1967$2.91-3.00%
1968$3.6826.15%
1969$3.20-13.02%
1970$3.334.02%
1971$3.659.87%
1972$3.65-0.11%
1973$4.0912.13%
1974$4.325.59%
1975$4.493.94%
1976$4.47-0.39%
1977$5.1114.19%
1978$6.9535.94%
1979$8.2819.18%
1980$7.89-4.71%
1981$8.8412.13%
1982$11.3428.23%
1983$9.03-20.39%
1984$12.2135.25%
1985$13.006.47%
1986$11.79-9.32%
1987$14.7625.20%
1988$15.706.37%
1989$15.961.65%
1990$17.449.28%
1991$27.0855.26%
1992$19.14-29.33%
1993$20.647.87%
1994$20.62-0.13%
1995$24.3718.22%
1996$25.986.60%
1997$24.55-5.50%
1998$27.3111.22%
1999$36.6034.02%
2000$27.91-23.73%
2001$29.505.70%
2002$31.998.42%
2003$32.802.52%
2004$35.929.53%
2005$38.527.22%
2006$43.0311.71%
2007$49.1914.32%
2008$44.59-9.34%
2009$44.31-0.65%
2010$44.470.38%
2011$45.562.44%
2012$45.42-0.30%
2013$48.186.07%
2014$52.278.49%
2015$52.310.07%
2016$52.690.74%
2017$56.196.63%
2018$57.772.81%
2019$55.53-3.86%
2020$54.02-2.73%
2021$56.604.77%
2022$63.8412.79%
2023$62.86-1.54%
2024$64.502.61%*

* 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 Oranges, including tangerines:

Year19391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI8.5928.5779.16210.63113.94614.72315.93116.90014.70815.18517.56216.72316.45417.06216.65418.83118.00820.04619.96926.10822.72325.64626.82327.53831.48530.78527.18527.66226.83133.84629.43830.62333.64633.60837.68539.79241.36241.20047.04663.95476.22372.63181.438104.43183.138112.446119.723108.569135.931144.592146.985160.623249.377176.223190.100189.862224.454239.262226.092251.454337.008257.038271.685294.569302.000330.785354.669396.215452.941410.647407.986409.542419.527418.278443.648481.335481.653485.225517.420531.944511.388497.450521.177587.856578.806593.905

Adjust oranges prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1945 * 1945 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Oranges, including tangerines was 15.931 in the year 1945 and 593.905 in 2024:

593.905 / 15.931 * $1.73 = $64.50

Therefore, according to U.S. Bureau of Labor Statistics, $1.73 in 1945 has the same "purchasing power" as $64.50 in 2024 (in the CPI category of Oranges, including tangerines).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Oranges, including tangerines in 1939. In addition to oranges, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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