As of 2015, how much does it cost to produce a 1 US cent coin?

Beau Shilkraut, You saw it on the internet so it has to be true? Do you suppose that cost was constant throughout the entire year of 2015, or do you think it may have fluctuated by 24 hundredths of a cent during the year? 1.67¢ is the only logical number offered. 16.7¢ is ten times the correct number, 0.167¢ is one tenth of the correct number and 0.0167¢ is one hundredth of the correct number. Could it be that your internet information has been rounded to a penny and a half? Do you always look up the answers before you select an answer from those available? If you look at the list of possible answers and use common logic it would be obvious that the answer is the one closest to the face value of the coin, you would have clicked that answer and been satisfied that you got it right, but you apparently cheated by looking it up first and felt dissatisfied that the information you found was not exactly the same as the information found and published by the writer of this question. (Imagine that, two sources on the internet with information that doesn't match exactly). It looks like Carmen Hays is also bitter because the information she found was not exactly the same as the information spg found and she apparently didn't do so well in grade school arithmetic and got it wrong too. This is a game, not a nit picking contest. Lighten up folks, play the game and use some common sense, it's not that difficult. If the selections would have differed by hundredths of a cent I could see where nit picking would come into play but they were multiples of ten and one hundred, logic should tell you that it has to be the one closest to one and a half times the value whether you cheated or not.

All this talk and you all are missing the point. It is not simply out of some kind of nostalgia that we still need pennies. You seem to forget all the millions of transactions that end in an odd number, due to taxes or percentage changes or whatever. How would you account for all that? Round up to the nearest nickel? How much would that cost us? Or round down? How much would be lost? The penny is an essential item in the currency of the country (and its equivalent exists in many other countries for the same reasons. Example: If you buy something for $7.40 and the sales tax is 8.5%, you pay an extra 63 cents, for a total of $8.03. If there are ten million transactions of that size and you round $8.03 up to $8.05, you pay extra $200,000 in taxes. If you round down to $8.00 flat, the society loses $300,000 in revenue. And that's just one tiny example. The economy is far larger than that. Before someone says just adjust the price to account for it, remember that sales taxes vary from state to state and city to city, so how could you set an equitable standard? When you figure in all the factors, the penny is not only necessary but a bargain.

Internet says 1.5 cents in 2016, up from 1.43 cents in 2015. 1.66 in 2014. Answer doesn't appear to be correct.

I would agree somewhat. But then I read that a nickel costs about 11¢ to produce and distribute. So get rid of them too? On the other hand, dimes and quarters cost LESS to produce, than their face value. So maybe it just kind-of balances itself out.

Badly composed.

Got it. WOW!

If we lose $50,000,000 a year making the penny? We're throwing away money. How smart is that? We need to discontinue production.

Got it.

Jim Laughner, just answer the question! Geeze! You’re obsessed!

Cost in 2014 was 1.67 cents. In 2015, the cost was 1.43 cents - according to Money.com

Got it

Does not make economic sense. I know the penny has been in US history for hundreds of years - but upon inception it did have value. Manufacturing costs no longer support it's continuation. Habits die hard but need to be put to rest. But then, we all also know that reported costs, manufacturing and "overhead" are generally inflated to cover other overruns. We really cannot claim governments to be fiscally responsible.

To what extent do the increases in the value of metals reflect increased demand or the inflation of our money?

Why do we still make them

Cathie Roth Lonnquist, I think you misread the question. Don't you know how to read?

Missed it, but knew the copper value is more than the spending value. Unfortunately not the question here.😊

The US Mint states as of fiscal year ending 2015. The Penny cost their budget 1.43 cents to produce. As of fiscal year ending 2014 it cost 1.66 cents to produce. I guessed, 1.67 making the difference which comes from the increase cost of copper. GOOD GUESS ON MY PART .