I’m relatively inexperienced with firearms, but have noticed that the price off ammo has fluctuated greatly over the last 1.5 or so years. For example, where I am, a 50 count box of 9mm has nearly halved in price from ~$20 to ~$12.
Is this due to COVID or is this sort of thing typical of the industry? Thanks in advance.
People were hoarding ammo during covid in case shit hit the fan. Extreme right wingers hoard ammo every time there’s a presidential election with a Democrat leading in the polls. So expect prices to go up again in 2024. They likely won’t be as high as they were in 2020-2022 though, since that was hoarding combined with supply chain issues.
$12/50 9mm is still high. Prior to 2020 50 9mm was ~$8.
20 5.56 was $4.50 for range ammo and currently around $8.50/20
In the next few years it’ll come down substantially and then something will happen and they’ll skyrocket again. It’s how gun life has been for the past 30-40 years.
$12/50 9mm is still high. Prior to 2020 50 9mm was ~$8.
Keep in mind that some of that will be inflation, which we’ve had an unusually large amount of recently.
https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=8&year1=201912&year2=202309
$8 in December 2019 has the buying power of $9.58 in September 2023.