How much did bread cost in 1998?
Bread averaged $0.86 per lb in 1998 — about $1.77 in 2026 dollars.
12 monthly observations · Source: BLS series APU0000702111.
In 1998, bread averaged $0.86 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 $0.85 in October to $0.87 in August. Over the year it rose from $0.86 in January to $0.87 in December, a 1.3% increase.
Adjusted for inflation, $0.86 in 1998 is worth about $1.77 in 2026 dollars. Today bread averages $1.83 per lb, so in real terms it is 3% more expensive than it was in 1998. In plain (unadjusted) dollars the price is up 113% versus the 1998 average.
1998 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $0.86 | ▼ 3.3% |
| February | $0.86 | ▲ 0.6% |
| March | $0.85 | ▼ 0.8% |
| April | $0.86 | ▲ 1.2% |
| May | $0.87 | ▲ 0.3% |
| June | $0.86 | ▼ 0.8% |
| July | $0.87 | ▲ 0.9% |
| August | $0.87 | ▲ 0.2% |
| September | $0.86 | ▼ 1.0% |
| October | $0.85 | ▼ 1.3% |
| November | $0.86 | ▲ 0.7% |
| December | $0.87 | ▲ 1.3% |
| 1998 average | $0.86 |
FAQ
What was the average price of bread in 1998?
Bread averaged $0.86 per lb in 1998, based on 12 months of BLS average price data.
How much is $0.86 of 1998 bread worth today?
Adjusted for inflation with the CPI-U, $0.86 in 1998 is about $1.77 in 2026 dollars.
How does the 1998 price of bread compare to now?
Bread now averages $1.83 per lb, up 113% from the 1998 average of $0.86.
Cite this
Basket Report. "Bread price in 1998 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/bread/1998/. Data: U.S. Bureau of Labor Statistics, series APU0000702111. <a href="https://basketreport.com/prices/bread/1998/">Bread price in 1998 (U.S. average) — Basket Report</a> (data: U.S. Bureau of Labor Statistics, series APU0000702111; retrieved June 26, 2026) Basket Report. (2026). Bread price in 1998 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/bread/1998/