THE GROCERY PRICE INDEX

How much did bread cost in 1989?

Bread averaged $0.67 per lb in 1989 — about $1.81 in 2026 dollars.

Bread price in 1989 Monthly average price (USD per lb) · 1989
$0.65$0.66$0.67$0.68$0.69$0.70JanMarMayJulAugOctDecJan 1989$0.65Dec 1989$0.69basketreport.com

12 monthly observations · Source: BLS series APU0000702111.

In 1989, bread averaged $0.67 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 $0.65 in February to $0.69 in December. Over the year it rose from $0.65 in January to $0.69 in December, a 5.4% increase.

Adjusted for inflation, $0.67 in 1989 is worth about $1.81 in 2026 dollars. Today bread averages $1.83 per lb, so in real terms it is 1% more expensive than it was in 1989. In plain (unadjusted) dollars the price is up 173% versus the 1989 average.

1989 monthly prices

MonthPriceMoM
January $0.65 ▼ 0.6%
February $0.65 ▼ 0.1%
March $0.65 ▲ 0.3%
April $0.66 ▲ 0.1%
May $0.66
June $0.66 ▲ 1.4%
July $0.67 ▲ 1.1%
August $0.67 ▲ 0.5%
September $0.67 ▼ 0.5%
October $0.67 ▲ 0.5%
November $0.68 ▲ 0.3%
December $0.69 ▲ 1.8%
1989 average$0.67

FAQ

What was the average price of bread in 1989?

Bread averaged $0.67 per lb in 1989, based on 12 months of BLS average price data.

How much is $0.67 of 1989 bread worth today?

Adjusted for inflation with the CPI-U, $0.67 in 1989 is about $1.81 in 2026 dollars.

How does the 1989 price of bread compare to now?

Bread now averages $1.83 per lb, up 173% from the 1989 average of $0.67.

Cite this

Plain text
Basket Report. "Bread price in 1989 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/bread/1989/. Data: U.S. Bureau of Labor Statistics, series APU0000702111.
HTML
<a href="https://basketreport.com/prices/bread/1989/">Bread price in 1989 (U.S. average) — Basket Report</a> (data: U.S. Bureau of Labor Statistics, series APU0000702111; retrieved June 26, 2026)
APA
Basket Report. (2026). Bread price in 1989 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/bread/1989/