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🥩 Price of Ground Beef in 2018

Nominal Cost (2018)

$3.72

Adjusted For Inflation (2024 Dollars)

$4.64

Verdict: Inflation Trap

Ground Beef cost $3.72 in 2018. Adjusted for inflation, that's $4.64 today. The actual price today is $5.3916.2% more expensive.

⏱️ Labor Hours to Buy Ground Beef

2018

0.1

hours of median work

Today

0.1

hours of median work

In 2018, a median earner worked 0.1 hours to buy ground beef. Today, it takes 0.1 hours. It is 1.1x harder to earn.

📈 Ground Beef Price History

1984 2024