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🥩 Price of Ground Beef in 2011

Nominal Cost (2011)

$2.77

Adjusted For Inflation (2024 Dollars)

$3.87

Verdict: Inflation Trap

Ground Beef cost $2.77 in 2011. Adjusted for inflation, that's $3.87 today. The actual price today is $5.3939.4% more expensive.

⏱️ Labor Hours to Buy Ground Beef

2011

0.1

hours of median work

Today

0.1

hours of median work

In 2011, 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