🍬 Price of Sugar in 1997
Verdict: Inflation Trap
Sugar cost $5.17 in 1997. Adjusted for inflation, that's $10.10 today. The actual price today is $13.73 — 36.0% more expensive.
⏱️ Labor Hours to Buy Sugar
1997
0.3
hours of median work
Today
0.3
hours of median work
In 1997, a median earner worked 0.3 hours to buy sugar. Today, it takes 0.3 hours. It is 1.2x harder to earn.
📈 Sugar Price History
1995
2024