🍊 Price of Oranges in 1996
Verdict: Inflation Trap
Oranges cost $2.86 in 1996. Adjusted for inflation, that's $5.72 today. The actual price today is $6.13 — 7.2% more expensive.
⏱️ Labor Hours to Buy Oranges
1996
0.2
hours of median work
Today
0.2
hours of median work
In 1996, a median earner worked 0.2 hours to buy oranges. Today, it takes 0.2 hours. It is 1.1x easier to earn.
📈 Oranges Price History
1984
2024