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🥩 Price of Ground Beef in 1985

Nominal Cost (1985)

$1.24

Adjusted For Inflation (2024 Dollars)

$3.61

Verdict: Inflation Trap

Ground Beef cost $1.24 in 1985. Adjusted for inflation, that's $3.61 today. The actual price today is $5.3949.5% more expensive.

⏱️ Labor Hours to Buy Ground Beef

1985

0.1

hours of median work

Today

0.1

hours of median work

In 1985, a median earner worked 0.1 hours to buy ground beef. Today, it takes 0.1 hours. It is 1.2x harder to earn.

📈 Ground Beef Price History

1984 2024