🥩 Price of Ground Beef in 2016
Verdict: Inflation Trap
Ground Beef cost $3.75 in 2016. Adjusted for inflation, that's $4.90 today. The actual price today is $5.39 — 10.0% more expensive.
⏱️ Labor Hours to Buy Ground Beef
2016
0.1
hours of median work
Today
0.1
hours of median work
In 2016, a median earner worked 0.1 hours to buy ground beef. Today, it takes 0.1 hours. It is 1.0x harder to earn.
📈 Ground Beef Price History
1984
2024