According to the U.S. Bureau of Labor Statistics, prices for oranges, including tangerines are 1,827.45% higher in 2024 versus 1970 (a $32.89 difference in value).
The current national average price is $1.80 for "Oranges, Navel, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.
Between 1970 and 2024: Oranges experienced an average inflation rate of 5.63% per year. This rate of change indicates significant inflation. In other words, oranges costing $1.80 in the year 1970 would cost $34.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for oranges was higher.
In the year 1970: Pricing changed by 4.02%, which is below the average yearly change for oranges during the 1970-2024 time period. Compared to inflation for all items in 1970 (5.83%), inflation for oranges was lower.
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):
Year | Average price (Oranges) | Inflation adjusted price (2024 dollars) |
---|---|---|
2024 | $1.80 (latest available value) | $1.80 |
2023 | $1.58 | $1.61 |
2022 | $1.57 | $1.58 |
2021 | $1.36 | $1.54 |
2020 | $1.24 | $1.48 |
2019 | $1.37 | $1.58 |
2018 | $1.41 | $1.57 |
2017 | $1.34 | $1.53 |
2016 | $1.25 | $1.52 |
2015 | $1.30 | $1.60 |
2014 | $1.32 | $1.62 |
2013 | $1.15 | $1.53 |
2012 | $1.05 | $1.49 |
2011 | $1.10 | $1.54 |
2010 | $1.06 | $1.53 |
2009 | $1.05 | $1.52 |
2008 | $1.12 | $1.60 |
2007 | $1.28 | $1.67 |
2006 | $1.09 | $1.62 |
2005 | $1.00 | $1.66 |
2004 | $0.86 | $1.53 |
2003 | $0.84 | $1.64 |
2002 | $0.84 | $1.67 |
2001 | $0.72 | $1.57 |
2000 | $0.63 | $1.44 |
1999 | $0.84 | $1.48 |
1998 | $0.56 | $1.33 |
1997 | $0.60 | $1.56 |
1996 | $0.62 | $1.52 |
1995 | $0.62 | $1.64 |
1994 | $0.55 | $1.70 |
1993 | $0.55 | $1.71 |
1992 | $0.57 | $1.92 |
1991 | $0.78 | $1.86 |
1990 | $0.57 | $2.09 |
1989 | $0.52 | $2.07 |
1988 | $0.53 | $2.15 |
1987 | $0.54 | $2.36 |
1986 | $0.48 | $2.61 |
1985 | $0.53 | $2.63 |
1984 | $0.42 | $2.22 |
1983 | $0.39 | $2.75 |
1982 | $0.43 | $2.45 |
1981 | $0.39 | $2.83 |
1980 | $0.36 | $2.96 |
Below are calculations of equivalent buying power for Oranges, over time, for $1.80 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1970 | $1.80 | 4.02% |
1971 | $1.98 | 9.87% |
1972 | $1.98 | -0.11% |
1973 | $2.22 | 12.13% |
1974 | $2.34 | 5.59% |
1975 | $2.43 | 3.94% |
1976 | $2.42 | -0.39% |
1977 | $2.77 | 14.19% |
1978 | $3.76 | 35.94% |
1979 | $4.48 | 19.18% |
1980 | $4.27 | -4.71% |
1981 | $4.79 | 12.13% |
1982 | $6.14 | 28.23% |
1983 | $4.89 | -20.39% |
1984 | $6.61 | 35.25% |
1985 | $7.04 | 6.47% |
1986 | $6.38 | -9.32% |
1987 | $7.99 | 25.20% |
1988 | $8.50 | 6.37% |
1989 | $8.64 | 1.65% |
1990 | $9.44 | 9.28% |
1991 | $14.66 | 55.26% |
1992 | $10.36 | -29.33% |
1993 | $11.17 | 7.87% |
1994 | $11.16 | -0.13% |
1995 | $13.19 | 18.22% |
1996 | $14.06 | 6.60% |
1997 | $13.29 | -5.50% |
1998 | $14.78 | 11.22% |
1999 | $19.81 | 34.02% |
2000 | $15.11 | -23.73% |
2001 | $15.97 | 5.70% |
2002 | $17.31 | 8.42% |
2003 | $17.75 | 2.52% |
2004 | $19.44 | 9.53% |
2005 | $20.85 | 7.22% |
2006 | $23.29 | 11.71% |
2007 | $26.62 | 14.32% |
2008 | $24.14 | -9.34% |
2009 | $23.98 | -0.65% |
2010 | $24.07 | 0.38% |
2011 | $24.66 | 2.44% |
2012 | $24.59 | -0.30% |
2013 | $26.08 | 6.07% |
2014 | $28.29 | 8.49% |
2015 | $28.31 | 0.07% |
2016 | $28.52 | 0.74% |
2017 | $30.41 | 6.63% |
2018 | $31.27 | 2.81% |
2019 | $30.06 | -3.86% |
2020 | $29.24 | -2.73% |
2021 | $30.63 | 4.77% |
2022 | $34.55 | 12.79% |
2023 | $34.02 | -1.54% |
2024 | $34.69 | 1.98%* |
* 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:
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 | 2021 | 2022 | 2023 | 2024 |
CPI | 8.592 | 8.577 | 9.162 | 10.631 | 13.946 | 14.723 | 15.931 | 16.900 | 14.708 | 15.185 | 17.562 | 16.723 | 16.454 | 17.062 | 16.654 | 18.831 | 18.008 | 20.046 | 19.969 | 26.108 | 22.723 | 25.646 | 26.823 | 27.538 | 31.485 | 30.785 | 27.185 | 27.662 | 26.831 | 33.846 | 29.438 | 30.623 | 33.646 | 33.608 | 37.685 | 39.792 | 41.362 | 41.200 | 47.046 | 63.954 | 76.223 | 72.631 | 81.438 | 104.431 | 83.138 | 112.446 | 119.723 | 108.569 | 135.931 | 144.592 | 146.985 | 160.623 | 249.377 | 176.223 | 190.100 | 189.862 | 224.454 | 239.262 | 226.092 | 251.454 | 337.008 | 257.038 | 271.685 | 294.569 | 302.000 | 330.785 | 354.669 | 396.215 | 452.941 | 410.647 | 407.986 | 409.542 | 419.527 | 418.278 | 443.648 | 481.335 | 481.653 | 485.225 | 517.420 | 531.944 | 511.388 | 497.450 | 521.177 | 587.856 | 578.806 | 590.245 |