🥩 Price of Ground Beef in 1994
Verdict: Inflation Trap
Ground Beef cost $1.48 in 1994. Adjusted for inflation, that's $3.13 today. The actual price today is $5.39 — 72.5% more expensive.
⏱️ Labor Hours to Buy Ground Beef
1994
0.1
hours of median work
Today
0.1
hours of median work
In 1994, a median earner worked 0.1 hours to buy ground beef. Today, it takes 0.1 hours. It is 1.4x harder to earn.
📈 Ground Beef Price History
1984
2024