THE GROCERY PRICE INDEX

How much did sugar cost in 2008?

Sugar averaged $0.53 per lb in 2008 — about $0.82 in 2026 dollars.

Sugar price in 2008 Monthly average price (USD per lb) · 2008
$0.50$0.51$0.52$0.53$0.54$0.55$0.56$0.57JanMarMayJulAugOctDecJan 2008$0.52Oct 2008$0.56Dec 2008$0.53basketreport.com

12 monthly observations · Source: BLS series APU0000715211.

In 2008, sugar averaged $0.53 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 $0.50 in March to $0.56 in October. Over the year it rose from $0.52 in January to $0.53 in December, a 2.9% increase.

Adjusted for inflation, $0.53 in 2008 is worth about $0.82 in 2026 dollars. Today sugar averages $1.03 per lb, so in real terms it is 26% more expensive than it was in 2008. In plain (unadjusted) dollars the price is up 95% versus the 2008 average.

2008 monthly prices

MonthPriceMoM
January $0.52 ▲ 3.2%
February $0.51 ▼ 1.2%
March $0.50 ▼ 1.8%
April $0.52 ▲ 2.6%
May $0.52 ▲ 0.8%
June $0.53 ▲ 0.8%
July $0.53
August $0.54 ▲ 1.9%
September $0.56 ▲ 5.2%
October $0.56 ▲ 0.2%
November $0.53 ▼ 6.4%
December $0.53 ▲ 1.1%
2008 average$0.53

FAQ

What was the average price of sugar in 2008?

Sugar averaged $0.53 per lb in 2008, based on 12 months of BLS average price data.

How much is $0.53 of 2008 sugar worth today?

Adjusted for inflation with the CPI-U, $0.53 in 2008 is about $0.82 in 2026 dollars.

How does the 2008 price of sugar compare to now?

Sugar now averages $1.03 per lb, up 95% from the 2008 average of $0.53.

Cite this

Plain text
Basket Report. "Sugar price in 2008 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/sugar/2008/. Data: U.S. Bureau of Labor Statistics, series APU0000715211.
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<a href="https://basketreport.com/prices/sugar/2008/">Sugar price in 2008 (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 2008 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/sugar/2008/