Commodity ratio · live
Propane to Cheese Ratio
The propane to cheese ratio is 0.4658 — Propane at $0.7500 per Gallon divided by Cheese at $1.61 per Pound.
Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Propane to Cheese ratio
1.000 Gal of propane = 0.4658 Lb of cheese
Inverse (CHE/PROP): 2.147 — one Pound of cheese buys that much propane.
Above its 1 year average. (73th percentile of the last 1 year)
Propane
$0.7500
per Gallon
Cheese
$1.61
per Pound
Unit basis: USD per Gallon ÷ USD per Pound. The ratio reads as Pounds of cheese per Gallon of propane. Prices as of Mon, 24 Aug 2026 10:24:03 GMT.
1Y average
0.4388
median 0.4444
1Y low
0.3523
Nov 2, 2025
1Y high
0.5472
May 27, 2026
Normal band
0.3937–0.4839
mean ± 1 std dev
Deviation from mean
+0.60σ
354 observations
Propane to Cheese ratio charts
Pick a range once — it applies to the PROP/CHE ratio line, the OHLC candles and the Propane / Cheese price chart below.
PROP/CHE ratio line
How many Lb of Cheese one Gal of Propane buys, over 1Y.
PROP/CHE ratio candles
Open, high, low and close of the PROP/CHE ratio for each period in the last 1Y.
Propane and Cheese prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the propane to cheese ratio
Propane to Cheese ratio = Propane price per Gallon ÷ Cheese price per Pound
The two legs use different units, so the result is a rate — Pounds of cheese per Gallon of propane — rather than a plain count.
Worked example, live prices: $0.7500 ÷ $1.61 = 0.4658. The inverse is 2.147.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the propane to cheese ratio today?
The propane to cheese ratio is 0.4658 — Propane at $0.7500 per Gallon divided by Cheese at $1.61 per Pound, from live mid-market prices.
How do you calculate the propane to cheese ratio?
Divide the propane price per Gallon by the cheese price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cheese per Gallon of propane.
What is the inverse of the propane to cheese ratio?
The inverse, cheese to propane, is 2.147 — how many Gallons of propane one Pound of cheese buys.