Butter priced at $20 in 2000 $35.98 in 2018

Historical Price Inflation for Butter

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Prices for Butter, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for butter were 79.92% higher in 2018 versus 2000 (a $15.98 difference in value).

Between 2000 and 2018: Butter experienced an average inflation rate of 3.32% per year. This rate of change indicates significant inflation. In other words, butter costing $20 in the year 2000 would cost $35.98 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for butter was higher.

In the year 2000: Pricing changed by -6.79%, which is significantly below the average yearly change for butter during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for butter was much lower.

Price Inflation for Butter since 1939

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1946 (41.08%), 1998 (31.11%), and 2004 (29.15%).

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
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 85.685 107.600 114.754 150.454 145.754 135.862 171.615 155.954 144.877 187.115 184.592 171.162 170.683 178.170 165.401 182.593 210.795 196.102 198.410 227.375 232.833 234.484 240.409 244.441

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Butter, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 -6.79%
2001 $25.26 26.32%
2002 $22.96 -9.13%
2003 $21.33 -7.10%
2004 $27.55 29.15%
2005 $27.17 -1.35%
2006 $25.20 -7.28%
2007 $25.13 -0.28%
2008 $26.23 4.39%
2009 $24.35 -7.17%
2010 $26.88 10.39%
2011 $31.03 15.45%
2012 $28.87 -6.97%
2013 $29.21 1.18%
2014 $33.47 14.60%
2015 $34.28 2.40%
2016 $34.52 0.71%
2017 $35.39 2.53%
2018 $35.98 1.68%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for butter, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Butter was 135.862 in the year 2000 and 244.441 in 2018:

244.441 / 135.862 * $20 = $35.98

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $35.98 in 2018 (in the CPI category of Butter).


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

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