fig1 through 4 the adjustable container 10 generally comprises a base 12 with a perimeter side wall 16 extending around the base 12 outer perimeter to define an interior space the perimeter side wall 16 has a height defined between the terminal edge 19 of the perimeter side wall 16 and the base 12 which is adjustably extendible to increase or decrease the volume of the interior space a removable lid 24 is provided for substantially covering the opening into the interior space in closer detail the base 12 is generally rectangular and has generally planar first and second surfaces 13 14 the base 12 also has a pair of lateral sides and a pair of longitudinal sides extending between the lateral sides of the base 12 with a corner being formed between each intersection of adjacent lateral and longitudinal sides together the lateral and longitudinal sides of the base 12 defining a base outer perimeter ideally the lengths of the lateral sides of the base 12 are substantially equal to the lengths of the longitudinal sides of the base 12 so that the base is generally square in shape the perimeter side wall 16 is outwardly extended from first surface 13 of the base 12 around the base outer perimeter the perimeter side wall 16 defines the interior space of the container the interior space is designed for containing items in it the perimeter side wall 16 has inner and outer surfaces a terminal edge 19 and preferably a plurality of rectangular side panels 20 with a corner edge located between each adjacent pairs of the side panels 20 the terminal edge 19 of the perimeter side.