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🥩 Price of Ground Beef in 2006

Nominal Cost (2006)

$2.22

Adjusted For Inflation (2024 Dollars)

$3.46

Verdict: Inflation Trap

Ground Beef cost $2.22 in 2006. Adjusted for inflation, that's $3.46 today. The actual price today is $5.3956.0% more expensive.

⏱️ Labor Hours to Buy Ground Beef

2006

0.1

hours of median work

Today

0.1

hours of median work

In 2006, 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