Rice, white · per lb · 1924 Estimated
This figure may be significantly off. It is projected back 60 years from the first recorded price, using general inflation. Items do not track inflation evenly — groceries in particular were far more expensive relative to other goods before modern agriculture, so a figure this old can understate the real price by two-fold or more. Use it for a sense of scale, not as a historical price.
$0.12in June 1924 — about $2.39 in today's money.
- Price in 1924$0.12
- Same money today$2.39
- Actual price now · June 2026$1.37
- Change since 1924+1025%
Price history
Record & method
No price was recorded for 1924. This figure is estimated: we took the earliest observed price (January 1984) and moved it back along the category inflation curve — a back-cast of 60 years. The further back it reaches, the less it should be trusted. Treat it as an approximation, not a historical fact.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- APU0000701322
- Estimated for
- June 1924
- Coverage
- January 1984 – June 2026
- Adjusted by
- CPIAUCNS · 17 → 333.952 (June 2026)
- Back-cast
- 60 years before the first record · very low confidence
- License
- Public domain