GROCERY BASKET PRICE INDEX
Latest data: August 2026 Released: September 11, 2026 Next update: October 14, 2026

Bananas

Banana prices

U.S. city average · August 2026

$0.65 per pound
▲ 0.3% MoM ▼ 2.1% YoY

Bananas averaged $0.65 per pound in August 2026; up 0.3% from last month; down 2.1% from last year, according to U.S. Bureau of Labor Statistics average price data.

Illustration of bananas
3% below the September 2025 peak of $0.67
Bananas price history Average price (USD per pound) · Monthly
$0.30$0.40$0.50$0.60$0.701980198719952003201120182026Jan 1980$0.32Sep 2025$0.67Aug 2026$0.65basketreport.com

Chart shown: January 1980 – August 2026 · Full series: January 1980 – August 2026 (557 observations) · Source: BLS series APU0000711211.

Quick take

Banana prices rose 0.3% from July to August 2026. Banana prices are 2.1% lower than a year ago. Prices remain below the September 2025 peak of $0.67 but well above the 1980 level of $0.32.

Why do produce prices change so much? →

Bananas price history by year

Every historical year is consolidated into one complete archive with annual averages, monthly prices, and inflation-adjusted values.

Browse the complete bananas price history →

Explore this price

From bananas to the full grocery basket

Bananas added $0.01 to August’s basket change.

What drives the price of bananas

Bananas are among the most-consumed fresh fruits in the United States and are available year-round, supplied almost entirely by imports from Latin America. That steady global supply chain — together with retailers’ habit of pricing bananas as a low-cost draw for shoppers — has kept banana prices remarkably stable for decades, far steadier than seasonal domestic produce.

BLS series APU0000711211 tracks the average retail price of bananas at the U.S. city average, measured per pound and reported monthly back to 1980.

Background: U.S. Department of Agriculture, Economic Research Service — Food Availability (Per Capita) Data System. Price data: BLS series APU0000711211.

Bananas price FAQ

How much does a pound of bananas cost right now?

As of August 2026, bananas averaged $0.65 per pound at the national U.S. city average, per BLS CPI Average Price Data.

Are banana prices going down in 2026?

The latest 2026 BLS reading shows bananas prices up 0.3% versus the prior month and down 2.1% versus a year ago (August 2026).

What is the highest price bananas have reached?

The record high is $0.67 per pound, set in September 2025; the record low is $0.32 in December 1983.

How much does a single banana cost?

Roughly 3 medium bananas weigh a pound, so at the latest $0.65 per pound a single banana costs about $0.22.

Where does this bananas price data come from?

From the U.S. Bureau of Labor Statistics CPI Average Price Data program, retrieved via the BLS Public Data API. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.

How much did bananas cost in 2001?

In 2001, bananas averaged $0.50 per pound at the U.S. city average — versus $0.65 today (August 2026), about 30% higher now.

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// Source: Basket Report · BLS APU0000711211

Cite this

Plain text
Basket Report. "Average bananas price (U.S. city average)." Basket Report — Grocery Price Index. Retrieved September 11, 2026 from https://basketreport.com/prices/bananas/. Data: U.S. Bureau of Labor Statistics, series APU0000711211.
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<a href="https://basketreport.com/prices/bananas/">Average bananas price (U.S. city average) — Basket Report</a> (data: U.S. Bureau of Labor Statistics, series APU0000711211; retrieved September 11, 2026)
APA
Basket Report. (2026). Average bananas price (U.S. city average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/bananas/