🥩 Price of Ground Beef in 1988
Verdict: Inflation Trap
Ground Beef cost $1.36 in 1988. Adjusted for inflation, that's $3.62 today. The actual price today is $5.39 — 49.0% more expensive.
⏱️ Labor Hours to Buy Ground Beef
1988
0.1
hours of median work
Today
0.1
hours of median work
In 1988, a median earner worked 0.1 hours to buy ground beef. Today, it takes 0.1 hours. It is 1.3x harder to earn.
📈 Ground Beef Price History
1984
2024