This question was posted on another forum. My response was as follows:

Guess it would depend on when and at what price you got used to buying powders. Just looking at some in my stash starting at $7.95 and then it jumped to 14.95, 19.95, 22.95 28.95 and then 31.95.
Personally I have been shooting between 5 and 10K of .308 per year for decades and don't plan on slowing down much no matter what the price is.
Last batch of 24lbs I received last week from Powder Valley was $36. per and I don't believe there is an end in sight. Even at the price we pay today it can be considered a bargain compared to many other hobbies. The stress reduction factor alone is invaluable to me. I would venture to guess that the average income of our population has increased considerably more than the cost of powder.

That $7.95 powder was purchased the same year I bought my first 4x4 Ford new for $2500. My last Ford 4x4 ran $75,000. At that rate, for comparison, a pound of powder should be at $238.50.