How much did sugar cost in 2024?
Sugar averaged $1.00 per lb in 2024 — about $1.07 in 2026 dollars.
12 monthly observations · Source: BLS series APU0000715211.
In 2024, sugar averaged $1.00 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 $0.98 in January to $1.01 in September. Over the year it rose from $0.98 in January to $0.99 in December, a 1.7% increase.
Adjusted for inflation, $1.00 in 2024 is worth about $1.07 in 2026 dollars. Today sugar averages $1.03 per lb, so in real terms it is 3% cheaper than it was in 2024. In plain (unadjusted) dollars the price is up 3% versus the 2024 average.
2024 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $0.98 | ▲ 2.0% |
| February | $0.98 | ▲ 0.9% |
| March | $0.98 | — |
| April | $1.01 | ▲ 2.2% |
| May | $1.00 | ▼ 0.5% |
| June | $1.00 | ▲ 0.3% |
| July | $1.00 | — |
| August | $1.00 | — |
| September | $1.01 | ▲ 0.3% |
| October | $1.00 | ▼ 0.4% |
| November | $1.00 | ▼ 0.3% |
| December | $0.99 | ▼ 0.8% |
| 2024 average | $1.00 |
FAQ
What was the average price of sugar in 2024?
Sugar averaged $1.00 per lb in 2024, based on 12 months of BLS average price data.
How much is $1.00 of 2024 sugar worth today?
Adjusted for inflation with the CPI-U, $1.00 in 2024 is about $1.07 in 2026 dollars.
How does the 2024 price of sugar compare to now?
Sugar now averages $1.03 per lb, up 3% from the 2024 average of $1.00.
Cite this
Basket Report. "Sugar price in 2024 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/sugar/2024/. Data: U.S. Bureau of Labor Statistics, series APU0000715211. <a href="https://basketreport.com/prices/sugar/2024/">Sugar price in 2024 (U.S. average) — Basket Report</a> (data: U.S. Bureau of Labor Statistics, series APU0000715211; retrieved June 26, 2026) Basket Report. (2026). Sugar price in 2024 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/sugar/2024/