How much does olive oil cost?
Updated ·
Olive oil costs about $0.45 per ounce at typical US grocery prices, or about $3.46 per cup and $7.20 per pound.
Cost of olive oil in a recipe
What the amounts recipes usually call for cost at $0.45 per ounce.
| Amount | Cost |
|---|---|
| 1 tbsp | $0.22 |
| ¼ cup | $0.87 |
| ½ cup | $1.73 |
| 1 cup | $3.46 |
| 1 lb | $7.20 |
Olive Oil price in other units
- Per teaspoon: $0.07
- Per tablespoon: $0.22
- Per cup: $3.46
- Per pound: $7.20
- Per 100 grams: $1.59
Recipes that use olive oil
| Recipe | Amount | Cost of the olive oil | Share of ingredient cost |
|---|---|---|---|
| Homemade Pepperoni Pizza | 30 ml | $0.44 | 4% |
Compared with other oils, vinegars & condiments
Price your own recipe
Open the free recipe pricing calculator with olive oil already filled in, add your other ingredients, packaging and time, and it works out the cost per item and a selling price. Change the price to what you actually paid.
Where this price comes from
This is the default price the CrumbCounts catalog uses for olive oil: a typical US supermarket shelf price for a standard package, converted to a price per ounce. It is an estimate, not a measured average. Brand, store, region and package size all change what you pay, so your own receipts are the most accurate source. Conversions between cups and weight use standard baking densities.
Frequently asked questions
How much does ¼ cup of olive oil cost?
About $0.87, at a typical price of $0.45 per ounce. 1 tbsp is about $0.22 and ½ cup is about $1.73.
How do I work out the cost of olive oil in a recipe?
Convert the amount the recipe uses into the unit you buy it in, then multiply by the price. At $0.45 per ounce, use your own receipt price if it differs: the free CrumbCounts calculator does the unit conversion for you.
Which recipes use the most olive oil?
Of the CrumbCounts recipes, Homemade Pepperoni Pizza uses the most: 30 ml, about $0.44 per batch (4% of its ingredient cost).
More oils, vinegars & condiments prices
- Apple Cider Vinegar $0.15 per ounce
- Coconut Oil $0.26 per fluid ounce
- Dijon Mustard $0.45 per ounce
- Extra Virgin Olive Oil $0.56 per fluid ounce
- Horseradish $0.31 per ounce
- Ketchup $0.10 per ounce
- Lemon Juice $0.20 per tablespoon
- Mayonnaise $0.20 per ounce