THE GROCERY PRICE INDEX

How much did bread cost in 2003?

Bread averaged $1.00 per lb in 2003 — about $1.82 in 2026 dollars.

Bread price in 2003 Monthly average price (USD per lb) · 2003
$0.94$0.96$0.98$1.00$1.02$1.04$1.06JanMarMayJulAugOctDecJan 2003$1.04Feb 2003$1.05Dec 2003$0.95basketreport.com

12 monthly observations · Source: BLS series APU0000702111.

In 2003, bread averaged $1.00 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 $0.95 in November to $1.05 in February. Over the year it fell from $1.04 in January to $0.95 in December, a 8.4% decline.

Adjusted for inflation, $1.00 in 2003 is worth about $1.82 in 2026 dollars. Today bread averages $1.83 per lb, so in real terms it is 1% more expensive than it was in 2003. In plain (unadjusted) dollars the price is up 83% versus the 2003 average.

2003 monthly prices

MonthPriceMoM
January $1.04 ▲ 1.6%
February $1.05 ▲ 0.6%
March $1.04 ▼ 0.6%
April $1.05 ▲ 0.5%
May $1.00 ▼ 4.4%
June $0.96 ▼ 4.0%
July $1.00 ▲ 4.3%
August $1.00 ▼ 0.6%
September $0.99 ▼ 0.2%
October $0.97 ▼ 2.5%
November $0.95 ▼ 1.6%
December $0.95 ▲ 0.1%
2003 average$1.00

FAQ

What was the average price of bread in 2003?

Bread averaged $1.00 per lb in 2003, based on 12 months of BLS average price data.

How much is $1.00 of 2003 bread worth today?

Adjusted for inflation with the CPI-U, $1.00 in 2003 is about $1.82 in 2026 dollars.

How does the 2003 price of bread compare to now?

Bread now averages $1.83 per lb, up 83% from the 2003 average of $1.00.

Cite this

Plain text
Basket Report. "Bread price in 2003 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/bread/2003/. Data: U.S. Bureau of Labor Statistics, series APU0000702111.
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<a href="https://basketreport.com/prices/bread/2003/">Bread price in 2003 (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 2003 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/bread/2003/