Campbell's soup cutout

Price evolution of Campbell's soup in the United States

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Foods & Beverages
  1. Relevance of the price of Campbell's soup
  2. Price evolution of Campbell's soup
    1. Absolute price of Campbell's soup per year
    2. Inflation adjusted price of Campbell's soup per year
  3. Conclusion
  4. FAQs about Campbell's soup's price in the the United States
  5. Price evolution table and full chart

Even if you have never tried it, you sure can picture the iconic image of a Campbell’s soup can. It has been on the shelves since 1869. Can you imagine? Crazy!

But seeing it in your local supermarket is not the only reason why this image is engraved in every American’s mind. In 1962 the soup can became the focus of one of Andy Wharhools most acclaimed paintings, an image that has made its way around the world.

Historical pricing of Campbell's soup in the the United States

Campbell's soup is one of those products that usually commes packaged in a container, such as a box, bottle or jar. Within the context of this article, the prices we share correspond to 10 ounces of Campbell's soup, since that is a common size you'll find it in. If the sources we use provided prices in different sizes, we have worked that data to match our standard size and provide a consistent comparison.

Before moving on, it is also important to highight dat our data set of prices for Campbell's soup has some gaps. From the 63 year period we will be looking at between 1960 and 2023 there are 43 years we do not have data for. These years are 1962, 1963, 1964, 1968, 1969, 1970, 1971, 1974, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1986, 1988, 1990, 1991, 1993, 1994, 1995, 1996, 1998, 1999, 2000, 2002, 2003, 2006, 2009, 2011, 2012, 2013, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022. So please keep that in mind moving forward.

Price evolution of Campbell's soup

The average price of 10 ounces of Campbell's soup between 1960 and 2023 was $0.55, with the lowest price being $0.10 in 1960 and the highest $2.39 in 2023 (at least within the timeframe we have data for).

Yes, I'm sorry to say, but Campbell's soup in the United States has never been as expensive as it is today.

Let's take a closer look at the data in the tables below:

Absolute price of Campbell's soup per year

Our data source for this article was: Morris County Library .

The absolute price of Campbell's soup in the the United States has gone from $0.10 in 1960 to $2.39 in 2023. That's an absolute increase of $2.29, or 2290% in a period of 63 years. (go to the next section for inflation-adjusted values).

This increment has not been linear though. During this period of 63 years the price of Campbell's soup actually decreased year over year 16 times, in 1962, 1966, 1967, 1968, 1974, 1976, 1986, 1988, 1990, 1993, 1998, 2002, 2006, 2009, 2011, 2015.

The biggest absolute price decrease in the price of 10 ounces of Campbell's soup was in 2009, when the price dropped by $-1.20, or -100%. The biggest price increase was $0.12, or 11.11% in 2008.

With the price increasing most years, it comes as no surprise that the price of Campbell's soup today is higher than what it used to be some years ago.

Inflation-adjusted price of Campbell's soup per year

As accurate as the information above might be, it can also be somehow deceiving. This is because the value of money changes over time, usually decreasing. That means that $1 of today's money cannot buy as much as $1 in the past. This phenomenon is called inflation, and can make it complicated to compare historical pricing data. Luckily, we can adjust for it and calculate what a dollar value of the past would be equal to in today's money.

So let's not take a look at the evolution of the price of Campbell's soup in the the United States, in that same 63 years period between 1960 and 2023, but adjusting prices to inflation (aka. in today's money).

When we adjust for inflation, we see that the price of Campbell's soup also peaked in 2023, when it cost $2.52 (in today's money), and was at its lowest in 1972 when it sold for $0.76.

The biggest drop in adjusted price happened in 2009, when the inflation-adjusted price dropped by $-1.78 (-100%). The biggest spike in adjusted price was in 1961 when it jumped by $0.50 (47.17%).

The average price of Campbell's soup during this period of time, adjusting for inflation, has been $1.27, and the most current price of $2.39 is 88.19% above that average.

Conclusion

The absolute price of Campbell's soup has increased by $1.47 ($160%) in the last decade, and $2.29 (2290%) since 1960. But that comes as no surprise, as prices always tend to increase over time due to inflation.

Now, as we've explained earlier, the absolute price of a product does not necessarily represent its affordability fairly. For that we have to look at its inflation adjusted price, or in other words, the price evolution in today's money.

When we look at the inflation-adjusted price of Campbell's soup, we see that it has varied ± 99.47% over this period of time, and is currently 88.68% more expensive than the average over these years .

Even when adjusting prices for inflation, Campbell's soup prices are still higher in 2023 than they were in 1960. And not just a bit more expensive, we are talking about a significant increase no matter how you look at it!

So if there had to be one single take away from this article it would be this: The average person has to make a bigger economic effort to purchase Campbell's soup today than in the past.

FAQs about the price of Campbell's soup in the the United States

The most expensive Campbell's soup has ever been was in 2023, when it would cost $2.39.

(at least within the timeframe we have data for)

The cheapest Campbell's soup has ever been was in 1960, when it would cost $0.10.

However, if we adjust for inflation, Campbell's soup was the cheapest in 1972, when it would cost $0.76 in today's money

(at least within the timeframe we have data for)

The average price of 10 ounces of Campbell's soup in the 1960s was $0.07, with the highest being $0.16 in 1965 and the lowest - in 1962.

The average price of 10 ounces of Campbell's soup in the 1970s was $0.05, with the highest being $0.20 in 1975 and the lowest - in 1970.

The average price of 10 ounces of Campbell's soup in the 1980s was $0.11, with the highest being $0.39 in 1987 and the lowest - in 1980.

The average price of 10 ounces of Campbell's soup in the 1990s was $0.09, with the highest being $0.48 in 1997 and the lowest - in 1990.

The average price of 10 ounces of Campbell's soup in the 2000s was $0.42, with the highest being $1.20 in 2008 and the lowest - in 2000.

The average price of 10 ounces of Campbell's soup in the 2010s was $0.19, with the highest being $1.01 in 2014 and the lowest - in 2011.

Evolution of the price of Campbell's soup charts and table

Below you'll find the raw data of absolute and inflation adjusted prices of Campbell's soup in the the United States

The average price of 10 ounces of Campbell's soup in
2023
was
$2.39
or
$2.52
in today's money
The average price of 10 ounces of Campbell's soup in
2022
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2021
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2020
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2019
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2018
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2017
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2016
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2015
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2014
was
$1.01
or
$1.34
in today's money
The average price of 10 ounces of Campbell's soup in
2013
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2012
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2011
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2010
was
$0.92
or
$1.32
in today's money
The average price of 10 ounces of Campbell's soup in
2009
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2008
was
$1.20
or
$1.78
in today's money
The average price of 10 ounces of Campbell's soup in
2007
was
$1.08
or
$1.65
in today's money
The average price of 10 ounces of Campbell's soup in
2006
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2005
was
$0.73
or
$1.19
in today's money
The average price of 10 ounces of Campbell's soup in
2004
was
$0.73
or
$1.22
in today's money
The average price of 10 ounces of Campbell's soup in
2003
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2002
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
2001
was
$0.46
or
$0.82
in today's money
The average price of 10 ounces of Campbell's soup in
2000
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1999
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1998
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1997
was
$0.48
or
$0.94
in today's money
The average price of 10 ounces of Campbell's soup in
1996
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1995
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1994
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1993
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1992
was
$0.40
or
$0.90
in today's money
The average price of 10 ounces of Campbell's soup in
1991
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1990
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1989
was
$0.39
or
$1.02
in today's money
The average price of 10 ounces of Campbell's soup in
1988
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1987
was
$0.39
or
$1.10
in today's money
The average price of 10 ounces of Campbell's soup in
1986
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1985
was
$0.33
or
$0.98
in today's money
The average price of 10 ounces of Campbell's soup in
1984
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1983
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1982
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1981
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1980
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1979
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1978
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1977
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1976
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1975
was
$0.20
or
$1.25
in today's money
The average price of 10 ounces of Campbell's soup in
1974
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1973
was
$0.16
or
$1.18
in today's money
The average price of 10 ounces of Campbell's soup in
1972
was
$0.10
or
$0.76
in today's money
The average price of 10 ounces of Campbell's soup in
1971
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1970
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1969
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1968
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1967
was
$0.10
or
$0.95
in today's money
The average price of 10 ounces of Campbell's soup in
1966
was
$0.15
or
$1.47
in today's money
The average price of 10 ounces of Campbell's soup in
1965
was
$0.16
or
$1.59
in today's money
The average price of 10 ounces of Campbell's soup in
1964
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1963
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1962
was
-
or
-
in today's money
The average price of 10 ounces of Campbell's soup in
1961
was
$0.15
or
$1.56
in today's money
The average price of 10 ounces of Campbell's soup in
1960
was
$0.10
or
$1.06
in today's money