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🥩 Price of Ground Beef in 2022

Nominal Cost (2022)

$4.81

Adjusted For Inflation (2024 Dollars)

$5.16

Verdict: Inflation Trap

Ground Beef cost $4.81 in 2022. Adjusted for inflation, that's $5.16 today. The actual price today is $5.394.6% more expensive.

⏱️ Labor Hours to Buy Ground Beef

2022

0.1

hours of median work

Today

0.1

hours of median work

In 2022, a median earner worked 0.1 hours to buy ground beef. Today, it takes 0.1 hours. It is 1.0x easier to earn.

📈 Ground Beef Price History

1984 2024