Be Shocked — Hodgdon Powder Prices in 1978 — $44 for 8 Lbs!

By Editor

Have inflation (and supply chain shortages) affected the price of powder? You bet. Probably WAY more than you could imagine. Forum member “Two Time HM LR” posted this interesting photo (above) showing Hodgdon 8-lb powder prices from 1978, as sold by O.K. Weber in Oregon. Prices have risen over 1000% since then.
Eight Pounders under $45.00 in 1978
Now the prices — $20 to $44 — may not get your attention at first. But take note that these numbers are for EIGHT pound containers. Yep eight-pounders were all under $45! For example, H4895 was $44 for 8 pounds back in 1978, 45 years ago. And H335 was $20 for eight pounds — that’s just $2.50 per pound!
These days a single pound of a desirable powder such as H4831 might cost $60+ at some stores IF you can find it at all. On Hodgdon’s web site, H4831 powder is priced at $58.99 per pound in April 2024. Using that current $58.99/lb figure, H4831 is now 10.7 times higher than it was in 1978, when H4831 cost $44 for 8 pounds, i.e. $5.50 per pound. [Hodgdon’s current H4831 8-lb price is $403.99, or 9.18 times higher than before.]
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Source: Accurate Shooter