Create a new table (A1:B3, say) on a different sheet.
Give the first column (A1:A3) a nice name.
Use Data|Validation to create a dropdown list with those options as the choice.

Use a formula in the adjacent cell to retrieve the value in the adjacent column
in the table.

=if(a1="","",vlookup(a1,sheet2!a1:b3,2,false))

Debra Dalgleish has some notes about naming the range:
http://contextures.com/xlDataVal01.html#Name

And for using =vlookup():
http://www.contextures.com/xlFunctions02.html (for =vlookup())
and
http://contextures.com/xlFunctions02.html#Trouble

Ty wrote:

Can anybody help me with this issue. I am trying to select an item from a pick list and be able to automatically copy the adjacent cell value to another cell.

Example:

This is the pick list

PAPER HOLDER - LEVEL I (CHROME) $2.80
TOWEL BAR - 24" LEVEL I (CHROME) $2.80
TOWEL BAR - 18" LEVEL I (CHROME) $2.80

Once I choose the item to fill in another cell location, I want the adjacent price to automatically fill in another cell location as well.

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frmsrcurl: http://msgroups.net/microsoft.public.excel.misc/23

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Dave Peterson