Peanut Butter Prices in the United States from 2020 to 2025
Key Points Research suggests peanut butter prices in the US have varied from about $2.05 to $2.50 per pound from 2020 to 2025, based on available data and estimates. Prices seem to have increased steadily, reflecting broader food price trends, with 2025 prices slightly higher than 2024. The evidence leans toward regional and brand variations affecting prices, so these are approximate national averages. Price Trends The average retail price of peanut butter in the US has shown a gradual increase over the years. In 2020, it was around $2.05 per pound, rising to about $2.15 in 2021, $2.26 in 2022, $2.36 in 2023, and $2.48 in 2024. For 2025, based on early data, the price is estimated at approximately $2.50 per pound, though this is a partial year estimate and may adjust. Data Sources and Methodology These estimates are derived from the Consumer Price Index (CPI) for fats and oils, which includes peanut butter, as specific peanut butter price data from the Bureau of Labor Statistics (BLS) ...