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Old 05-23-2016, 01:39 PM
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Default .22 Ammo Cost History

There seems to be a great deal of outrage over the cost of .22 ammo these days. That got me to thinking back and applying a little basic algebra. Bear with me...

In the early to mid 1960's I recall going to my neighborhood 7-11 and buying a box of 50 round .22LR ammo for 27¢, short and long being a cent or two cheaper. I was probably 16 at the time, no ID checks, no questions. I was working part time at the time making minimum wage, $1.25/hr.
When I retired several years ago, i was making about $50/hr, since I was salaried it is hard to compute directly, but that is close enough. Applying the math the equation comes out to this:
.27/1.25=X/50, where X is the adjusted price based on my latest working salary.
Guess what, the math says that 50 round box of ammo, in relation to my pay, should cost $10.80 today.

To make it more apples to apples, lets do this. Since I was just a kid and only making $1.25/hr. let's up the pay to $5/hr. In the early 60's that was a very generous rate of pay. The equation changes to this:
.27/5.00=X/50,where X is the adjusted price for my latest working salary.
The math now says that 50 round box of ammo should cost $2.70. A brick of same that generic, low velocity ammo should cost $27. You know what, if I spend just a tiny bit of effort looking, I can find high velocity ammo for that price.
For those who complain about the current prices, I feel your pain, but it is not really out of line when viewed in an historic perspective. A 10 fold increase over 50 years may even be slightly below the average.
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Old 05-23-2016, 02:14 PM
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Quote:
Originally Posted by CATI1835 View Post
There seems to be a great deal of outrage over the cost of .22 ammo these days. That got me to thinking back and applying a little basic algebra. Bear with me...

In the early to mid 1960's I recall going to my neighborhood 7-11 and buying a box of 50 round .22LR ammo for 27¢, short and long being a cent or two cheaper. I was probably 16 at the time, no ID checks, no questions. I was working part time at the time making minimum wage, $1.25/hr.
When I retired several years ago, i was making about $50/hr, since I was salaried it is hard to compute directly, but that is close enough. Applying the math the equation comes out to this:
.27/1.25=X/50, where X is the adjusted price based on my latest working salary.
Guess what, the math says that 50 round box of ammo, in relation to my pay, should cost $10.80 today.

To make it more apples to apples, lets do this. Since I was just a kid and only making $1.25/hr. let's up the pay to $5/hr. In the early 60's that was a very generous rate of pay. The equation changes to this:
.27/5.00=X/50,where X is the adjusted price for my latest working salary.
The math now says that 50 round box of ammo should cost $2.70. A brick of same that generic, low velocity ammo should cost $27. You know what, if I spend just a tiny bit of effort looking, I can find high velocity ammo for that price.
For those who complain about the current prices, I feel your pain, but it is not really out of line when viewed in an historic perspective. A 10 fold increase over 50 years may even be slightly below the average.
But, I will still make the effort to find the best possible deals. I have a stock of pretty good ammo (I am weeding out the dirty and inconsistent ) with plinking and replacing it with quality stuff as time goes by. So, I have the luxury of waiting for the price and quality I want.
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Old 05-23-2016, 02:37 PM
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So when you were 16, working 1 hour at min wage would get you 4-5 boxes of ammo (ignoring all taxes).

What's min wage now? Will 1 hour at min wage still get you 4-5 boxes of ammo?
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Old 05-23-2016, 02:55 PM
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"In the early to mid 1960's I recall going to my neighborhood 7-11 and buying a box of 50 round .22LR ammo for 27¢"

In the 1960s, I don't remember any .22 LR ammo that cheap. In the mid-late 1950s, I remember buying .22 LR for around 35-45 cents, and in the early 1960's, about 50 cents (depending upon brand and where it was bought). I was frequently buying case lots of .22 LR standard velocity ammo (usually CCI or Federal) in the late 1960s, and I remember paying something like 60-70 cents per box, again depending upon brand and where I bought it.
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Old 05-23-2016, 03:38 PM
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I hear it all the time. people griping about the cost of .22s. There is no doubt that the ammo droughts of the last several years have driven prices up higher than they've ever been. What really gets me is the folks who say they aren't buying any until the prices return to normal. Uh Bubba, this IS the new normal. Better learn to live with it.
Also remember back to what .22s were selling for just a year or so ago. Scalpers were charging outrageous prices and people were paying it. So prices have actually gone down since then.
I'm no math wizard, but as near as I can figure, about 8 cents per round is a decent price these days. A lot of it is selling for 9 to 10 cents per round.
I own quite a few .22LR firearms. I rarely go to the range without at least one . So I shoot a good bit of .22 ammo. As such, I'm always on the look out for good ammo at a fair price. Its a good thing cell phones have a calculator function because now days I will break down the price to cost per round before even considering buying. These days for me, anything under 8 cents is worth consideration.
Example: last weekend at a gun show one dealer had Federal Auto Match 325 rd box on special for $22.99. that breaks down to 7.07 cents per round. I bought 4 boxes.
BTW: Federal seems to be catching up with their production as lately I've noticed more of their ammo offered for sale than other brands. Here's hoping the other makers catch up soon.
Will prices go down in the future? Maybe, time will tell. But I think prices have pretty much stabilized.
One thing is for sure, prices will never be what they were.
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Old 05-23-2016, 05:25 PM
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Several weeks ago the local Academy had lots of .22 ammo out on the counter. The cheapest was the Remington bulk pack, I think 550 rounds, around 7 cents per round. CCI was over 10 cents.
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Old 05-23-2016, 05:38 PM
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When I got my first .22 at age 11, long rifles were between .50 and .60 per fifty, depending on the source. Minimum wage was about $1.65/hr as I recall. So about 3 boxes of .22 shells for an hour's pay. I know it's all relative, but even then .22 ammo seemed like a pretty good bargain to me. When I got my first job other than farm work in 1974, I made all of $2.05 an hour, and I don't think ammo prices had gone up much since I first started buying it at age 11 or 12. I remember getting 4 boxes of Kleenbores for Christmas one year and thinking I was ammo-rich!
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Old 05-23-2016, 05:45 PM
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All of this economic modeling ignores increases in operational efficiency and manufacturing.
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Old 05-23-2016, 05:51 PM
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Comparison is badly out of proportion, as said above. Comparing your wage at retirement to minimum wage in the "60's" is irrelevant.
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Old 05-23-2016, 06:08 PM
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Quote:
Originally Posted by AlHunt View Post
All of this economic modeling ignores increases in operational efficiency and manufacturing.
That's what I was thinking. Every other industry is head and shoulders above what they were 50 years ago. I think the efficiency premium is going straight to profit, just like in my own engineering field. Granted, the costs to enter production and for environmental compliance is probably higher.
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Old 05-23-2016, 06:36 PM
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Quote:
Originally Posted by CATI1835 View Post
For those who complain about the current prices, I feel your pain, but it is not really out of line when viewed in an historic perspective. A 10 fold increase over 50 years may even be slightly below the average.
I don't agree with you on this point, not because of the cost, but because it wasn't a slow price increase over the course of 50 years. It was a huge jump over the last 10 years or so . I have 2 bricks of Thunderbolts ( yes I know..they're dirty and not the best ammo, but my P-22 seems to work best when shooting them ) that I bought a few years apart...One has a price of $8.00 on it , the other has a price of $12.00 on it. These were bought in 2004 and probably 2007 or so . So that first box is looking like 1.6 cents a round, the second is at 2.4 cents a round . And those were bought pre ammo drought. That ammo hovers around $.05-$.07 or so a round now , 4 or 5 times as much as before over the course of 12 years.
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Old 05-23-2016, 06:49 PM
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When I was in junior high school circa 1956/57, I could buy a box of 50 standard velocity .22 long rifle for fifty cents from my science teacher. That was cheaper than anything at the local hardware store at the time. Oh, and with a note from my parents, I could check out for the weekend one of several .22 rifles that he kept in a cabinet in the classroom. Just couldn't take it home on the school bus.
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Old 05-23-2016, 06:50 PM
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In the immediate pre-2008 period (everyone knows what happened then), I remember buying a couple of bricks of Remington for less than $15, and the Remington bulk packs were selling at Wal-Mart for around $10. I doubt that .22 ammunition manufacturing technology has changed much in the last 50 years, maybe longer. I have been inside Remington, Winchester, and Federal's plants during the early-mid 2000s, and most of the equipment used on the .22 lines looked to be far from new.

It didn't involve .22 ammo, but in Remington's Lonoke AR plant, they had some equipment there that looked as though it could well have been used back in the UMC days.
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Old 05-23-2016, 07:09 PM
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I really don't think too many people are complaining about the cost of .22 ammo compared to 1960! Hell,five years ago,I was buying it for $9.99,and sometimes $8.88 a BRICK. That's a BIG increase. What makes it worse,is that MANY people are still earning what they did five years ago. Some are making less. None of the above arguments holds water if you ask me,but then nobody asked me.
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Old 05-23-2016, 07:23 PM
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Quote:
Originally Posted by AlHunt View Post
All of this economic modeling ignores increases in operational efficiency and manufacturing.
You are correct but don't forget you have the CEO, CFO, and other management folks driving up the cost so they can afford the yacht, private jet, and multiple homes. For the most part it didn't used to be that way. Yes, the business owner had a nicer home and a nicer car than the employees but nothing like today.
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Old 05-23-2016, 07:45 PM
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Quote:
Originally Posted by fat tom View Post
I really don't think too many people are complaining about the cost of .22 ammo compared to 1960! Hell,five years ago,I was buying it for $9.99,and sometimes $8.88 a BRICK. That's a BIG increase. What makes it worse,is that MANY people are still earning what they did five years ago. Some are making less. None of the above arguments holds water if you ask me,but then nobody asked me.
f.t.
Exactly. As others have said, a 400%-500% price increase in the last 8 years is ridiculous. I sure wish my pay had gone up 400% in the last 8 years.

I still firmly believe the "shortage" has been just like the gas "shortage" of the 70's. Once demand got the price up to where the suppliers wanted it, the shortage miraculously began to ease.

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Old 05-23-2016, 08:30 PM
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According to this site, .50 in 1960 would be $4.02 today. So, if 50 rounds of .22 cost .50 in 1960, that would be ballpark close to about .08/round today.

http://www.dollartimes.com/inflation...t=.5&year=1960

It still costs too much ...
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Old 05-23-2016, 08:31 PM
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Using your individual pay is an inappropriate comparison, as your skills, knowledge, abilities and responsibilities were unlikely to have been the same from your 1960 job as compared to your 2015 role.

Here is the link to an excellent cost of living comparison "tool" published by the American Institute of Economic Research:

https://www.aier.org/cost-living-calculator

If one works through the process, you'll find that $0.27 in 1960 is equivalent to $2.21 today----"2016 dollars."
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Old 05-23-2016, 08:45 PM
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Quote:
Originally Posted by amazingflapjack View Post
Comparison is badly out of proportion, as said above. Comparing your wage at retirement to minimum wage in the "60's" is irrelevant.
This ^^^^
What does your pay per hour at retirement got to do
with anything? Or the minimum wage?

I started buying a brick of .22's every time i got paid (bi-monthly),
back in 2008 when you know who came on the scene.
I figured that if they couldn't find a way to get our guns
they would likely come after our ammo.

This stocked me up and served me well.
I didn't buy the cheapest stuff (thunderbolts)
nor the priciest (No Eley, or Match ammo).

Whatever i "do not shoot" will go to my grandkids.
They will have some ammo to shoot in the guns
they get handed down from Papaw.

Chuck
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Old 05-24-2016, 08:20 AM
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I may be in my 50's but been shooting less than 4 years so to me what's on the shelf for pricing is the norm. In these few years I've had dry spells trying to find ammo for the range (i enjoy my fun time so that can suck) and have had great luck at other times. I have learned what ammo may not work well for me, and i avoid buying it. But one thing i can say, is that I've only paid 7.99-8.99 for mini mags as an example; that's been pretty consistent over this period for me. So when i see an online site with it much higher, or someone with a bunch on a table with a high price, i keep on walking.
I figure in some small way, if i dont buy from those jacking the prices then I'm happy with my purchases. I'd rather miss a range trip than support a gouger (just my .02).

After all, this .22 ammo craziness reminds me of another item that was hard to find some years back..... had people driving store to store to find it.... reselling for outrageous prices... and eventually tapered back off with many stuck with overvalued inventory.
That's right, I'm talking Beanie Babies....

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Old 05-24-2016, 10:23 AM
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The sticker on my 65 GTO rag top was 3500 and change, a few years ago my wife paid more than that for a sewing machine..
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Old 05-24-2016, 12:30 PM
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DeWalts prices per the time are right on. I have a lot of 22lr that
I kept after folding up shop in 1992, plus picking up more when
on sale at KMart @ Wally World. For years you cold get bulk or
promo 22s at $100 a brick. There are a lot of variables going on
with 22 ammo. (1) Political situation causes Hoarding (2) more
people in the market (3) new generation shooters, with hi cap
fun guns (4) price of energy & materials (5) Govt regs. This is
strictly supply and demand. No company is going to install new
lines to produce rf ammo, to bring the price down. Before all this
hit the fan there was a lot of cheap foreign 22s on the market.
They are still here but not cheap anymore. So instead of using X
as the unknown, use k, for the constant price increases. The ammo companies are making hay while they can. They have dropped many old standbys. They use to have to cater to the
customers, now they can sell as much para military as they can
pump out to the Sky is falling crowd. The loss of sales on deer
rifle ammo is just a drop in the bucket. Military duplication 223
was .15 cents a rnd.now over .50-- most commercial CF is 400%
rise in last 8 yrs.
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Old 05-24-2016, 02:16 PM
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One thing that's helped me in the past year or so, is when Cabelas (and at times Gander) has their $20 off $100 sales. Recently was able to grab a couple 300ct boxes of mini mags, and added enough 9mm ammo (also on sale) to get to the $100 minimum. So by not going crazy, i then saved basically 20% on my purchase and am close to a store so i can save the freight as well.

Doesn't happen that often but i never pass it up when i see those types of promos.
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Old 06-25-2022, 08:16 AM
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The cheapest I've been able to buy 22 l.r. ammo for lately has been about $4.00/50, translating into $40/500. I remember buying 500 (a "brick") for $5.00-6.00 in the 1980's. I guess the current price isn't that out of line with inflation, or is it?
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Old 06-25-2022, 08:29 AM
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What does 22LR cost in terms of a gallon of gas?
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Old 06-25-2022, 10:21 AM
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Man, I really don't care what you paid for 22 ammo in the 1960's. It was $0.04/round three years ago, it's $0.10/round now. Get your head out of the past and live in today.
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Old 06-25-2022, 10:26 AM
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I still have this, even though shot&shoot much more over the years. As you can see, I bought this at K-Mart in 1980 for $2.88 per 100rd box. That equals to $1.44 / 50rd OR just 2.88cents/round.

NOTE: Inflation makes that 100rd box for $2.88, NOW cost $10.22
Academy has it currently listed as $12.99 /100rd or roughly 125% of what it should be. The current inflation rates pretty much explains why.
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Old 06-25-2022, 11:08 AM
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Quote:
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I still have this, even though shot&shoot much more over the years. As you can see, I bought this at K-Mart in 1980 for $2.88 per 100rd box. That equals to $1.44 / 50rd OR just 2.88cents/round.
The week before Sandy Hook in 2012, Walmart had Federal Champion .22 at $1.49 / 50 rounds- essentially the same price as 1980, but 32 years later.
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Old 06-25-2022, 12:09 PM
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A few ago I was admiring a Beautiful 1955 Pontiac.
The owner came up and asked What do you think?
I replied, that’s an absolutely fantastic Paint Job!
It never looked that good right from the factory!
The Owner replied I paid more for the paint than the original owner paid for the car!
I don’t actually recall how much I paid for 22 way back, but it wasn’t much.
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Last edited by THE PILGRIM; 06-25-2022 at 12:10 PM.
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Old 06-25-2022, 12:10 PM
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Quote:
Originally Posted by CATI1835 View Post
There seems to be a great deal of outrage over the cost of .22 ammo these days. That got me to thinking back and applying a little basic algebra. Bear with me...

In the early to mid 1960's I recall going to my neighborhood 7-11 and buying a box of 50 round .22LR ammo for 27¢, short and long being a cent or two cheaper. I was probably 16 at the time, no ID checks, no questions. I was working part time at the time making minimum wage, $1.25/hr.
When I retired several years ago, i was making about $50/hr, since I was salaried it is hard to compute directly, but that is close enough. Applying the math the equation comes out to this:
.27/1.25=X/50, where X is the adjusted price based on my latest working salary.
Guess what, the math says that 50 round box of ammo, in relation to my pay, should cost $10.80 today.

To make it more apples to apples, lets do this. Since I was just a kid and only making $1.25/hr. let's up the pay to $5/hr. In the early 60's that was a very generous rate of pay. The equation changes to this:
.27/5.00=X/50,where X is the adjusted price for my latest working salary.
The math now says that 50 round box of ammo should cost $2.70. A brick of same that generic, low velocity ammo should cost $27. You know what, if I spend just a tiny bit of effort looking, I can find high velocity ammo for that price.
For those who complain about the current prices, I feel your pain, but it is not really out of line when viewed in an historic perspective. A 10 fold increase over 50 years may even be slightly below the average.
You're right, but few consider the inflation factor. They can't see beyond "good 'ol days" prices which are often very close to what we pay today if you consider inflation, which you must for a realistic comparison.

Your 7-11 offered better prices than mine did in the '60s. I think .22 ammo was around fifty cents for a box of fifty, but I don't always remember things accurately.
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Old 06-25-2022, 03:28 PM
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Discovered wally world just raised cost of CCI standard velocity from $4.83/50 to $5.23/50. Buddy and I went to kinda local gun show this AM, back to his house then back home. Stopped by wally world just down from buddy’s house for air filter. Happened to go by sporting goods and low and behold CCI S.V. still had $4.83/50 price on shelf! After 15 minutes of looking for sales person, told them wanted 3 boxes. Rang up as $5.23 so told them NO, you have to sell it for what prices is shown. After another 5 minutes some “ manager” came, voided the original sale and sold them for $4.83. Original sales person made a new price sticker for shelf, LOL. 10x28 wally world.
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Old 06-26-2022, 10:27 PM
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When I was 16 in 1972 My Dad freaked me out as a surprise. I wanted
a Marlin 30/30 for Christmas he said no way. Christmas morning there it was under the tree when I woke up. Just like the BB gun in a Christmas story. I already had a 22 riffle. At 18 I bought myself a model 13 pinned and recessed 357 magnum. I was making $2.00 a hour or there abouts.

I say all that to say this. I don't remember what ammo cost back then and I don't think about it now. Doesn't seem that bad to me, but I don't follow ammo cost.
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Old 06-26-2022, 11:41 PM
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Way back yonder late 50s.. I bought 22s at the local hardware...50 cents for LR. Western auto in the next town would sell 'em on sale for 35 cents. I rode my bike 14 miles RT to save a dollar and 50 cents. I scoured the countryside for soft drink and beer bottles for the 2 cent deposit. Bought lots of 22s. Last I bought were the Federal Auto match.. Wally World had 'em at 17.99...so I bought 2(the limit). Went back 2 days later and the price was 21.97. Think they priced 'em wrong the first time. I typically buy 'em on trips to Montana...No sales tax.
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Old 06-27-2022, 11:41 AM
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Please note if you are reading this thread fro the first time, it is from 2016...
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Old 06-27-2022, 11:57 AM
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At the present time, June 2022, Walmart is selling Federal AutoTarget 325 bulk pack for $21 and some change.

I have shot it in a custom target rifle and it is really accurate, actually better than their Champion which was considered their entry level target ammo at one time.

I shot both a week ago.
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Old 06-27-2022, 01:14 PM
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Interesting history. Please feel free to start a new thread about current ammo prices? Thread closed.
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