🥩 Price of Ground Beef in 1998
Verdict: Inflation Trap
Ground Beef cost $1.41 in 1998. Adjusted for inflation, that's $2.72 today. The actual price today is $5.39 — 98.5% more expensive.
⏱️ Labor Hours to Buy Ground Beef
1998
0.1
hours of median work
Today
0.1
hours of median work
In 1998, a median earner worked 0.1 hours to buy ground beef. Today, it takes 0.1 hours. It is 1.8x harder to earn.
📈 Ground Beef Price History
1984
2024