THE GROCERY PRICE INDEX

How much did sugar cost in 1981?

Sugar averaged $0.40 per lb in 1981 — about $1.47 in 2026 dollars.

Sugar price in 1981 Monthly average price (USD per lb) · 1981
$0.30$0.35$0.40$0.45$0.50$0.55$0.60JanMarMayJulAugOctDecJan 1981$0.54Dec 1981$0.33basketreport.com

12 monthly observations · Source: BLS series APU0000715211.

In 1981, sugar averaged $0.40 per lb at the U.S. city average, across all twelve months, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $0.33 in December to $0.54 in January. Over the year it fell from $0.54 in January to $0.33 in December, a 39.6% decline.

Adjusted for inflation, $0.40 in 1981 is worth about $1.47 in 2026 dollars. Today sugar averages $1.03 per lb, so in real terms it is 30% cheaper than it was in 1981. In plain (unadjusted) dollars the price is up 159% versus the 1981 average.

1981 monthly prices

MonthPriceMoM
January $0.54 ▼ 4.8%
February $0.52 ▼ 2.8%
March $0.49 ▼ 6.1%
April $0.45 ▼ 9.2%
May $0.40 ▼ 11.4%
June $0.37 ▼ 6.6%
July $0.36 ▼ 3.8%
August $0.35 ▼ 1.1%
September $0.35 ▼ 1.4%
October $0.34 ▼ 3.2%
November $0.33 ▼ 2.4%
December $0.33 ▼ 0.6%
1981 average$0.40

FAQ

What was the average price of sugar in 1981?

Sugar averaged $0.40 per lb in 1981, based on 12 months of BLS average price data.

How much is $0.40 of 1981 sugar worth today?

Adjusted for inflation with the CPI-U, $0.40 in 1981 is about $1.47 in 2026 dollars.

How does the 1981 price of sugar compare to now?

Sugar now averages $1.03 per lb, up 159% from the 1981 average of $0.40.

Cite this

Plain text
Basket Report. "Sugar price in 1981 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/sugar/1981/. Data: U.S. Bureau of Labor Statistics, series APU0000715211.
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<a href="https://basketreport.com/prices/sugar/1981/">Sugar price in 1981 (U.S. average) — Basket Report</a> (data: U.S. Bureau of Labor Statistics, series APU0000715211; retrieved June 26, 2026)
APA
Basket Report. (2026). Sugar price in 1981 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/sugar/1981/