Aluminum Can Prices: How Much Are Yours Worth? (2024)

Money / Side Gigs

By David Granahan June 13, 2022
  • Where To Sell
  • Can Conditions
  • What They're Worth
  • Where To Find Cans

Aluminum Can Prices: How Much Are Yours Worth? (2)

Diy13 / Getty Images/iStockphoto

Is recycling aluminum cans really worth the time and effort? It may not be the best way to become a millionaire, but it’s certainly a great way to contribute to a greener lifestyle, and it can help you save each month.

Depending on consumption habits and location, there is an opportunity to earn a few extra bucks by recycling aluminum cans. It can lead to better long-term money habits as well as contribute to the offset of negative environmental consequences.

Where Can You Sell Aluminum Cans?

A question people may ask is, “Where are the places for aluminum can recycling near me?” Luckily, these locations are fairly common. The places consumers can recycle aluminum cans to earn money include:

  • Local recycling centers
  • Scrap metal companies
  • Some grocery stores

It’s generally more efficient to collect large amounts of aluminum cans before bringing them for recycling in order to ensure the trip is worthwhile. A good strategy is to have a designated bin at home for aluminum can recycling or a storage area such as the garage where cans will be collected for eventual redemption.

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Recycling Centers

This is often the most popular place for consumers to trade in aluminum cans for cash. There are hundreds of recycling centers located across the U.S., so there’s likely to be one a short trip away.

Scrap Metal Companies

Similar to recycling centers, scrap metal companies will almost always accept aluminum cans that are up to standard. Aluminum is one of the most recycled materials in the entire world, so it’s always worthwhile for these businesses to get their hands on more of it.

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Grocery Stores

Many grocery stores will also accept and reward consumers for returning aluminum cans. This can be one of the most efficient ways to recycle and earn from a collected take of cans, as it can often coincide with a trip for groceries anyway.

Good To Know

The iScrap app locates the nearest scrap metal yard to a user’s location. It takes the hassle out of finding where the best-priced location is for trading in cans for cash. This option is best suited for large quantities of cans of a high standard. It is also likely the best option for consumers who don’t want to drain their gas tank and eat into any profits gained.

What Conditions Are There for Selling Aluminum Cans?

The above locations where consumers can sell aluminum cans often come with some conditions to the purchase. This may involve washing each can thoroughly as well as crushing them. This process ensures the cans are up to an acceptable standard for the party buying the metal. It also deters unwanted bacteria, insects and rodents.

Why Are Aluminum Cans Worth Anything?

Aluminum is a precious metal that is not only used for cans but for many mass-produced items globally. This includes, but is not limited to, cars, airplanes, foils, kegs, kitchen utensils and construction materials.

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How Much Can I Expect To Earn From Recycling Aluminum Cans?

Technically, there is no limit to how much can be earned from recycling aluminum cans, as they are infinitely recyclable. However, it often works better as a side project that supports sustainability rather than as a method to earn a wheelbarrow full of cash.

Typically, recyclers in the U.S. can expect aluminum can prices to hover around $0.64, on average, per pound of cans. However, as the table below will illustrate, the monetary reward will mostly depend on location.

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Which States Give the Best Rates for Aluminum Cans?

The value of aluminum cans varies from state to state. California, Mississippi and Wyoming offer some of the best rates, whereas Delaware and New York offer some of the lowest monetary returns.

To isolate the states with the best rates, the below table compiles the average rate U.S. citizens can expect to earn per pound. This is based on recycling centers in the regions where the data is currently available.

StateAluminum Can Rate Per PoundStateAluminum Can Rate Per Pound
Alabama$0.36Alaska$0.34
Arizona$0.45Arkansas$0.37
California$1.75Colorado$0.47
Delaware$0.05Florida$0.49
Georgia$0.42Illinois$0.47
Indiana$0.50Iowa$0.44
Kansas$0.37Kentucky$0.52
Louisiana$0.49Maryland$0.40
Massachusetts$0.32Michigan$0.46
Minnesota$0.29 to $0.67Mississippi$0.60
Missouri$0.47Nebraska$0.37
New Jersey$0.54New York$0.13
North Carolina$0.36North Dakota$0.30
Ohio$0.55Oklahoma$0.51
Pennsylvania$0.53South Carolina$0.41
Tennessee$0.43Texas$0.51
Utah$0.59Virginia$0.45
Washington$0.40West Virginia$0.45
Wisconsin$0.42Wyoming$0.60

Where Can I Find Aluminum Cans To Recycle?

The best ways to find aluminum cans to recycle are often just by looking at what’s in front of our faces. Some of the best places to source cans include:

  • Home
  • Public parks
  • Festivals
  • Work

Home

Hosting a summer BBQ or a big sporting event? A great way to make money back on the party groceries can be to clean and set aside all of the empty aluminum cans that resulted. Neighbors, family and friends in the surrounding areas may also be willing to hand over any cans that were ready to be thrown in the garbage.

Public Parks

Public parks will often have empty cans littered all over the place. Heading out with a trash bag to collect them will help keep local areas clean while adding to your stash.

Festivals and Events

Festivals and beverages go hand in hand, so the grounds can be a great area to source a lot of cans during an event.

At Work

People love to take a break during the workday to grab a cold beverage from the vending machine. Collectors can check with their employer for permission to take the cans home, and then they can redeem them for cash at one of the acceptable locations.

Final Take

Recycling aluminum cans is a brilliant way to reduce a consumer’s carbon footprint while also earning a little bit of money on the side. It likely isn’t all that worthwhile as a side hustle from home, but it can make extra money fast to add to your wallet each month.

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Aluminum Can FAQs

  • How much is the aluminum in a can worth?
    • Aluminum can prices vary by region and are based on weight. The average recycling value per pound of cans in the U.S. is currently $0.64.
  • How many aluminum cans are in a pound?
    • The exact number of cans per pound can't be quantified due to different measurements. Depending on the brand, estimates show there are usually 32 to 35 cans per pound.
    • For smaller, more common 12-ounce containers, it will be more per pound. For larger containers, such as the 32-ounce size, there will be fewer per pound.
  • How much do tin cans cost?
    • Tin scrap in the U.S. generally goes for $110 per ton on today's open market. The value of a single tin can would calculate as a fraction of a cent as a result.
  • What are the latest scrap metal prices?
    • Scrap metal prices are determined by current market conditions and will increase and decrease based on demand and supply. Good resources to gauge current prices include scrapmetalbuyers.com and the iScrap app.

Information is accurate as of June 13, 2022.

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.

Aluminum Can Prices: How Much Are Yours Worth? (2024)

FAQs

How many pounds of aluminum cans does it take to make $100? ›

How Many Aluminum Cans Does it Take to Make $100? At an average price of 5 cents per pound, you'd need about 5,000 cans to make $100. That could be significantly reduced if you live in an area that pays higher prices. At $2 per pound, you'd need just 1,600 cans (50 pounds).

Is it worth weighing in aluminium cans? ›

An empty aluminium can approximately weighs around 17g. That means you'd need roughly 58 cans to have 1kg, & for 1ton you would need 58,928 cans. Because of the quantity required, for most people it's not worth collecting the quantity required for you to sell to a scrapyard.

How many 16 ounce aluminum cans does it take to make a pound? ›

How Many 16-Ounce Aluminum Cans Does It Take to Make a Pound? It takes approximately 31 empty 16 oz cans to make a pound.

How many 12 oz aluminum cans does it take to make a pound? ›

So using standard 12 oz. pop/beer cans that are rinsed and dry I find that the consensus is that it takes from 32-35 cans to make a pound.

Are pop tabs worth more than cans? ›

They are not. Beverage aluminum is all the same recycle price. The tabs take up less space though. The amount of work required to separate the tabs simply increases your cost.

Who pays the most for aluminum cans? ›

Recycling Centers

This is often the most popular place for consumers to trade in aluminum cans for cash. There are hundreds of recycling centers located across the U.S., so there's likely to be one a short trip away.

How much does 1 aluminium can weigh? ›

An aluminium can weighs just 15 grams which is equivalent to three candy coated chocolate buttons. The walls of an aluminium can are just 0.11mm thick – about the diameter of an average human hair. Australians use more than three billion aluminium cans per year.

How many empty aluminum cans make a pound? ›

There are about 24 aluminum cans in a pound.

Can you scrap cans for money? ›

Only aluminium cans are worth cash: look out for the 'alu' symbol. If the can doesn't say what it's made of, test the side with a magnet. Aluminium is NOT magnetic, so the magnet won't stick. Remember aluminium cans are lighter than steel cans, as well as shinier, and do not rust.

Do crushed cans weigh more? ›

Do crushed cans weigh more than un-crushed cans? The answer to this myth is a simple NO. The only reason people crush cans is so they can fit more cans in a bag....in turn, making the bag weigh more (because there is more cans).

How do you crush a lot of cans at once? ›

Crushing Aluminum Cans - you've been doing it WRONG - YouTube

How much does a garbage bag of crushed aluminum cans weigh? ›

So in case anybody was wondering how much aluminum you can get out of a 33 gallon trash can filled with crushed cans.. it's this much (15.5 lbs)

How many times can you recycle aluminum? ›

There is no limit to the amount of times an aluminum can be recycled. We use over 80,000,000,000 aluminum soda cans every year. At one time, aluminum was more valuable than gold! A 60-watt light bulb can be run for over a day on the amount of energy saved by recycling 1 pound of steel.

Is aluminum up or down? ›

Basic Info. Aluminum Price is at a current level of 2430.79, up from 2408.42 last month and down from 2602.99 one year ago. This is a change of 0.93% from last month and -6.62% from one year ago.

Are can ring pulls worth anything? ›

Many ring-pulls from steel pet food and other food cans are steel and of no value. If a magnet attracts the ring-pull then it is of no value.

Is it worth it to melt down aluminum cans? ›

Not for yourself. Metal recycling is only economical when done on a large scale. Melting down used cans in your backyard will cost you more in gas or electricity, depending on what kind of melting process you use, than the scrap metal will ever yield.

Should you crush cans? ›

Keeping cans as intact as possible is best for recycling. Plastic bottles, on the other hand, are best recycled crushed—and with the caps on.

What is the pound of aluminum worth? ›

Commercial Clients, please call (905) 362-0490 for rates.
Commodity - Updated Oct/28/2022Price ($CAD)Unit
ALUMINUM
EXTRUSION$0.95Per lb
MIXED ALUMINUM$0.60Per lb
ALUMINUM CASTING$0.55Per lb
44 more rows

Can you sell empty cans? ›

Recycling Aluminium Cans For Cash

You'll get between 40p and 60p per kilo of cans (a kilo is around sixty-five cans).

How can I make money from cans? ›

While you may recycle them, you can also sell those cans to recycling facilities or scrap metal yards for cash. There are a few start-up expenses to recycling and selling cans, but you'll keep most of the money you earn. All you need are recycling bins, some trash bags, and a car to transport the cans.

How thick is the metal in a aluminum can? ›

Today, cans can be produced with a wall thickness of 0.097 mm – as thin as a human hair. The can end is also becoming increasingly lighter: the new generation of can ends uses 10% less material than standard ends. A single gram of weight saved in the can, saves over 200,000 tonnes of aluminium globally per annum.

How thick is the aluminum on a soda can? ›

related problems How good are the estimates? The walls of US soda cans are about 0.0102cm thick. Using the Density Method, we got a thickness of 0.0166cm.

What's inside an aluminum can? ›

The inside of the can is lined by spray coating an epoxy lacquer or polymer to protect the aluminum from being corroded by acidic contents such as carbonated beverages and imparting a metallic taste to the beverage. The epoxy may contain bisphenol A.

How can I collect cans quickly? ›

One place to look for cans is along roadsides or the sides of hiking trails. People using hiking trails often simply toss their used cans to the side, given the lack of trash bins available. If a hiking trail is well-used, the cans will collect frequently.

How many cans fit in a garbage bag? ›

A very large garbage bag can hold about 3–400 cans/bottles (the leaf size industrial bags) or many more if you crush them down. The value will depend on the types of cans and the local payment for each type. At $0.05 per can 300 cans is $15.

What is the price of aluminum? ›

AluminiumCommodity
NamePrice%
Aluminium2,220.23-2.93
Lead1,940.853.03
Iron Ore93.010.00
Copper7,619.25-2.01
3 more rows

How do I get the most out of aluminum cans? ›

Here's How to Make the Most Money With Aluminum Cans:
  1. Separate Aluminum Cans From Other Metals (Including Other Aluminum!) ...
  2. Don't Crush Cans Unless Necessary. ...
  3. Reuse Your Bags! ...
  4. Be sure that the cans are clean and empty. ...
  5. Make Sure You Have a Good Amount of Volume Before Cashing In. ...
  6. Ask Your Family + Friends.
7 Apr 2022

How do people make money on aluminum cans? ›

Make More Money Scrapping Aluminum Cans - YouTube

How do you make aluminum cans weigh more? ›

Crushing cans doesn't add weight, however, a given volume of crushed cans will weigh more when compared to the same volume of intact cans due to increased density.

What is the easiest thing to scrap? ›

Common Scrap Metal Household Items
  • Stainless Steel Sinks and Brass Faucets– These are commonly found inside kitchens or bathrooms. ...
  • Copper Pipe or Tubing – Also found in your kitchen and bathroom are copper pipes or tubing.

What are the 5 most profitable things to recycle? ›

Now let's start using trash for cash!
  1. Aluminum Cans. This is the classic example of cash for trash that's been around for years. ...
  2. Plastic and Glass Bottles. Cash it! ...
  3. Ink Cartridges. Green recycling solutions for when you can't print the colour green anymore! ...
  4. Cardboard. ...
  5. Electronic Waste. ...
  6. Scrap Metal.

What is the highest paid scrap metal? ›

Copper is King

For most scrappers, copper is the king of scrap metal because it gains as much as $2 to $4 per pound. When it comes to scrap metal, that's a pretty high amount, especially compared to other metals like aluminum or brass.

Is it better to crush cans before recycling? ›

For those of you can recyclers who are part of a multiple-stream recycling program (sorting your cans in separate bins), feel free to crush away. But if all your recycling is tossed into one bin, keep your cans intact.

Why should you crush cans before recycling? ›

Crushing aluminum cans is more than just fun—it means the can will take up less space, right? Not so fast—it turns out crushing aluminum cans is actually worse for the environment because it can muck up the sorting process.

Why do charities collect pop tabs? ›

The funds generated from recycling these aluminum gems help offset the House's expenses. Collecting pop tabs is a great program that benefits the Ronald McDonald House families and is easy to organize.

How do you make a homemade can crusher? ›

DIY Shop-Made Can Crusher - YouTube

Should you crush water bottles for recycling? ›

Bottles must be crushed and all of the air removed. Be sure to replace the cap back on after you have done this. This causes more space to be saved at the processing facility, reducing the need for expansion.

How small can you crush an aluminum can? ›

Full aluminum cans take up over 23 cubic inches of space per can. But, a fully crushed can can be reduced to less than 5 cubic inches.

How much money do you get for a bag of cans? ›

The California Refund Value (CRV) is the amount paid to consumers when they recycle beverage containers at certified recycling centers. The minimum refund value established for each type of eligible beverage container is 5 cents for each container under 24 ounces and 10 cents for each container 24 ounces or greater.

How much does a 13 gallon bag of cans weigh? ›

13 gallon bag-15 lbs. 20 gallon bag-20 lbs. 30 gallon bag-25 lbs.

How many cans fit in a 45 gallon bag? ›

Answer: about 240.

What things Cannot be recycled? ›

Non-recyclable items
  • Garbage.
  • Food waste.
  • Food-tainted items (such as: used paper plates or boxes, paper towels, or paper napkins)
  • Ceramics and kitchenware.
  • Windows and mirrors.
  • Plastic wrap.
  • Packing peanuts and bubble wrap.
  • Wax boxes.

How long does it take a Styrofoam cup to decompose? ›

Once in the landfill, it does not decompose quickly. Some estimates put the lifespan of styrofoam in a landfill around 500 years, and some put it way beyond that. Of course, some fraction of all discarded styrofoam does not go into landfills.

What are the disadvantages of recycling Aluminium? ›

One of the biggest disadvantages of recycling aluminum is its need to be separated from steel, plastic, and other debris. When aluminum is continually recycled it loses it quality. So a product made with new aluminum will be of higher quality than the recycled product. The Sorting is time consuming and costs money.

Will aluminum prices go down in 2022? ›

According to the World Bank, the aluminum price will increase to $2,000 per metric ton (t) in 2021, a 17% rise from an average of $1,703/t in 2020, and experience moderate growth to $2,050/t in 2022. By 2035, the World Bank predicts aluminum prices will reach $2,400/t.

Is there an aluminum shortage 2022? ›

In late February 2022, the price of aluminum was already at an all-time high. Russian aluminum production has not been affected, but due to the sanctions, exports are becoming significantly more difficult, and aluminum is becoming increasingly scarce – so much so that a complete halt in supply cannot be ruled out.

Will metal prices go down in 2022? ›

Both products continue to move lower here in the second half of 2022. Steel prices in general continue to move lower, following a historic run up in late 2021 and early 2022.

How many aluminum cans does it take to make 1 lb? ›

There are about 24 aluminum cans in a pound.

How many aluminum cans are in a ton? ›

It takes about 75,000 cans to make a metric ton, so each one should be worth about 2.5 cents. But recycling the cans turns out to be harder than it looks, because the basic soft drink or beer can is actually made of two kinds of aluminum.

How much does an empty 12 oz soda can weigh? ›

How much does an empty 12 oz can of soda weigh? Very roughly 1/2 ounce.

What is the price of aluminum? ›

AluminiumCommodity
NamePrice%
Aluminium2,220.23-2.93
Lead1,940.853.03
Iron Ore93.010.00
Copper7,619.25-2.01
3 more rows

Do crushed cans weigh more? ›

Do crushed cans weigh more than un-crushed cans? The answer to this myth is a simple NO. The only reason people crush cans is so they can fit more cans in a bag....in turn, making the bag weigh more (because there is more cans).

How much does a garbage bag of crushed aluminum cans weigh? ›

So in case anybody was wondering how much aluminum you can get out of a 33 gallon trash can filled with crushed cans.. it's this much (15.5 lbs)

How do you crush a lot of cans at once? ›

Crushing Aluminum Cans - you've been doing it WRONG - YouTube

How much does 1 empty aluminum can weigh? ›

An empty aluminum can weighs approximately one-half ounce (14 g). There are 34 empty 12 ounce aluminum cans to a pound or 70 to a kilogram.

How many cans do you need to make a ton? ›

The weight of a can is 14oz. Therefore, in order have a ton of cans, you will need 2286 cans.

Are beer cans aluminum? ›

But what exactly is a can made of? Aluminium and plastic. The outside is made of aluminium and there is a thin food-grade plastic film on the inside which protects the beer from contact with the aluminium.

Why is my co*ke can empty? ›

Apparently, the phenomenon happens when there is a factory error during production that causes the can to be filled with pressure, but no liquid.

How much does a six pack of 12 oz cans weigh? ›

A 6-pack of beer typically weighs around 2 lbs. This weight can vary depending on the type of beer and the size of the bottles/cans.

How much does one can of Coca Cola weigh? ›

Each can of regular co*ke currently on hand has a mass of about 384 g.

What is the pound of aluminum worth? ›

Commercial Clients, please call (905) 362-0490 for rates.
Commodity - Updated Oct/28/2022Price ($CAD)Unit
ALUMINUM
EXTRUSION$0.95Per lb
MIXED ALUMINUM$0.60Per lb
ALUMINUM CASTING$0.55Per lb
44 more rows

What are the latest scrap prices? ›

Current Prices
  • #1 Bare Bright Wire$2.40/lb. #1 Copper Tubing / Flashing$2.10/lb. ...
  • Insulated Copper Wire (Cat 5/6)$0.62/lb. Romex® Wire$1.12/lb. ...
  • Aluminum NA. ...
  • Car Batteries$0.22-$0.26/lb. ...
  • Car Batteries$0.22-$0.26/lb. ...
  • Small Foreign Cat$82-$97/each. ...
  • Steel $0.03-$0.05/lb. ...
  • Clean Green Motherboards$1.15/lb.

How much is aluminum per pound in us? ›

Scrap MetalScrap PriceUpdated Price Date
Copper National Average$2.55/lbUpdated 11/01/2022
Steel National Average$145.00/tonUpdated 11/01/2022
Aluminum National Average$0.44/lbUpdated 11/01/2022

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