How much did bananas cost in 1994?
Bananas averaged $0.46 per lb in 1994 — about $1.04 in 2026 dollars.
12 monthly observations · Source: BLS series APU0000711211.
In 1994, bananas averaged $0.46 per lb at the U.S. city average, across all twelve months, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $0.43 in October to $0.51 in February. Over the year it rose from $0.44 in January to $0.46 in December, a 4.1% increase.
Adjusted for inflation, $0.46 in 1994 is worth about $1.04 in 2026 dollars. Today bananas averages $0.65 per lb, so in real terms it is 38% cheaper than it was in 1994. In plain (unadjusted) dollars the price is up 40% versus the 1994 average.
1994 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $0.44 | ▲ 6.3% |
| February | $0.51 | ▲ 16.8% |
| March | $0.50 | ▼ 2.7% |
| April | $0.47 | ▼ 6.2% |
| May | $0.47 | — |
| June | $0.45 | ▼ 4.7% |
| July | $0.45 | ▲ 1.1% |
| August | $0.48 | ▲ 6.2% |
| September | $0.45 | ▼ 5.6% |
| October | $0.43 | ▼ 5.1% |
| November | $0.43 | ▲ 0.9% |
| December | $0.46 | ▲ 5.5% |
| 1994 average | $0.46 |
FAQ
What was the average price of bananas in 1994?
Bananas averaged $0.46 per lb in 1994, based on 12 months of BLS average price data.
How much is $0.46 of 1994 bananas worth today?
Adjusted for inflation with the CPI-U, $0.46 in 1994 is about $1.04 in 2026 dollars.
How does the 1994 price of bananas compare to now?
Bananas now averages $0.65 per lb, up 40% from the 1994 average of $0.46.
Cite this
Basket Report. "Bananas price in 1994 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/bananas/1994/. Data: U.S. Bureau of Labor Statistics, series APU0000711211. <a href="https://basketreport.com/prices/bananas/1994/">Bananas price in 1994 (U.S. average) — Basket Report</a> (data: U.S. Bureau of Labor Statistics, series APU0000711211; retrieved June 26, 2026) Basket Report. (2026). Bananas price in 1994 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/bananas/1994/