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🥩 Price of Ground Beef in 2020

Nominal Cost (2020)

$4.12

Adjusted For Inflation (2024 Dollars)

$4.99

Verdict: Inflation Trap

Ground Beef cost $4.12 in 2020. Adjusted for inflation, that's $4.99 today. The actual price today is $5.398.1% more expensive.

⏱️ Labor Hours to Buy Ground Beef

2020

0.1

hours of median work

Today

0.1

hours of median work

In 2020, 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