How much did bananas cost in 2002?
Bananas averaged $0.51 per lb in 2002 — about $0.95 in 2026 dollars.
12 monthly observations · Source: BLS series APU0000711211.
In 2002, bananas averaged $0.51 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 $0.50 in September to $0.52 in March. Over the year it fell from $0.51 in January to $0.50 in December, a 1.0% decline.
Adjusted for inflation, $0.51 in 2002 is worth about $0.95 in 2026 dollars. Today bananas averages $0.65 per lb, so in real terms it is 32% cheaper than it was in 2002. In plain (unadjusted) dollars the price is up 27% versus the 2002 average.
2002 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $0.51 | ▲ 0.8% |
| February | $0.50 | ▼ 1.0% |
| March | $0.52 | ▲ 3.0% |
| April | $0.50 | ▼ 2.9% |
| May | $0.52 | ▲ 2.2% |
| June | $0.51 | ▼ 0.6% |
| July | $0.52 | ▲ 1.0% |
| August | $0.50 | ▼ 3.5% |
| September | $0.50 | ▼ 0.2% |
| October | $0.50 | ▲ 1.2% |
| November | $0.51 | ▲ 0.2% |
| December | $0.50 | ▼ 0.2% |
| 2002 average | $0.51 |
FAQ
What was the average price of bananas in 2002?
Bananas averaged $0.51 per lb in 2002, based on 12 months of BLS average price data.
How much is $0.51 of 2002 bananas worth today?
Adjusted for inflation with the CPI-U, $0.51 in 2002 is about $0.95 in 2026 dollars.
How does the 2002 price of bananas compare to now?
Bananas now averages $0.65 per lb, up 27% from the 2002 average of $0.51.
Cite this
Basket Report. "Bananas price in 2002 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/bananas/2002/. Data: U.S. Bureau of Labor Statistics, series APU0000711211. <a href="https://basketreport.com/prices/bananas/2002/">Bananas price in 2002 (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 2002 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/bananas/2002/