How much did bananas cost in 2003?
Bananas averaged $0.51 per lb in 2003 — about $0.93 in 2026 dollars.
12 monthly observations · Source: BLS series APU0000711211.
In 2003, 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 $0.49 in October to $0.53 in January. Over the year it fell from $0.53 in January to $0.50 in December, a 4.2% decline.
Adjusted for inflation, $0.51 in 2003 is worth about $0.93 in 2026 dollars. Today bananas averages $0.65 per lb, so in real terms it is 31% cheaper than it was in 2003. In plain (unadjusted) dollars the price is up 27% versus the 2003 average.
2003 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $0.53 | ▲ 4.4% |
| February | $0.51 | ▼ 3.4% |
| March | $0.51 | ▲ 1.0% |
| April | $0.52 | ▲ 0.8% |
| May | $0.51 | ▼ 2.3% |
| June | $0.52 | ▲ 3.2% |
| July | $0.51 | ▼ 1.3% |
| August | $0.51 | — |
| September | $0.49 | ▼ 3.9% |
| October | $0.49 | ▼ 0.8% |
| November | $0.50 | ▲ 1.6% |
| December | $0.50 | ▲ 1.2% |
| 2003 average | $0.51 |
FAQ
What was the average price of bananas in 2003?
Bananas averaged $0.51 per lb in 2003, based on 12 months of BLS average price data.
How much is $0.51 of 2003 bananas worth today?
Adjusted for inflation with the CPI-U, $0.51 in 2003 is about $0.93 in 2026 dollars.
How does the 2003 price of bananas compare to now?
Bananas now averages $0.65 per lb, up 27% from the 2003 average of $0.51.
Cite this
Basket Report. "Bananas price in 2003 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/bananas/2003/. Data: U.S. Bureau of Labor Statistics, series APU0000711211. <a href="https://basketreport.com/prices/bananas/2003/">Bananas price in 2003 (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 2003 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/bananas/2003/