Be Shocked — Hodgdon Powder Prices in 1978 — $44 for 8 Lbs!
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.]
Here are some comments from our Forum Members:
“Heck those prices are just about the same as current ones, just a little smaller container now.” — Joe
“I’ve got some H4831 in a can marked ‘WWII Surplus Powder’ with a price tag of $2.75. We’ll never see that again either.” Rick in Oregon
“1978 prices and 2022 income would be nice. Unfortunately that doesn’t work. If you compare prices and income, powder cost about the same. You also have to discount the temporary gouging that we are seeing.” — Tmwinds
“So I used to buy gas for 10 cents per gallon and they’d pump it, check the oil, and clean the windshield.” — Pirate Ammo
One comment suggests that the powder price hike actually tracks general U.S. currency inflation over the last four decades. So perhaps powder price increases are not as bad as they seem, when compared to how all prices have risen since 1978:
“Using H4895 as a comparison basis at $58.50 (list price) in 1978 calculates it to $275 in todays money. Looking at Powder Valley prices it looks like around [$340 in August 2023] for the same item in todays money [a 24% increase in real dollars]. Availability is another issue though and if someone is really needing powder they may well have to pay above suggested retail.” — Drover
