THE GROCERY PRICE INDEX

How much did sugar cost in 2003?

Sugar averaged $0.43 per lb in 2003 — about $0.78 in 2026 dollars.

Sugar price in 2003 Monthly average price (USD per lb) · 2003
$0.41$0.42$0.42$0.43$0.43$0.44$0.44JanMarMayJulAugOctDecJan 2003$0.43Aug 2003$0.44Dec 2003$0.42basketreport.com

12 monthly observations · Source: BLS series APU0000715211.

In 2003, sugar averaged $0.43 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 $0.41 in November to $0.44 in August. Over the year it fell from $0.43 in January to $0.42 in December, a 1.9% decline.

Adjusted for inflation, $0.43 in 2003 is worth about $0.78 in 2026 dollars. Today sugar averages $1.03 per lb, so in real terms it is 33% more expensive than it was in 2003. In plain (unadjusted) dollars the price is up 140% versus the 2003 average.

2003 monthly prices

MonthPriceMoM
January $0.43 ▲ 2.1%
February $0.43 ▼ 0.7%
March $0.43
April $0.43
May $0.43 ▲ 0.9%
June $0.43 ▼ 0.5%
July $0.43 ▲ 0.5%
August $0.44 ▲ 0.9%
September $0.43 ▼ 2.1%
October $0.43 ▼ 0.2%
November $0.41 ▼ 3.3%
December $0.42 ▲ 2.7%
2003 average$0.43

FAQ

What was the average price of sugar in 2003?

Sugar averaged $0.43 per lb in 2003, based on 12 months of BLS average price data.

How much is $0.43 of 2003 sugar worth today?

Adjusted for inflation with the CPI-U, $0.43 in 2003 is about $0.78 in 2026 dollars.

How does the 2003 price of sugar compare to now?

Sugar now averages $1.03 per lb, up 140% from the 2003 average of $0.43.

Cite this

Plain text
Basket Report. "Sugar price in 2003 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/sugar/2003/. Data: U.S. Bureau of Labor Statistics, series APU0000715211.
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<a href="https://basketreport.com/prices/sugar/2003/">Sugar price in 2003 (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 2003 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/sugar/2003/