How much did bread cost in 2023?
Bread averaged $1.96 per lb in 2023 — about $2.16 in 2026 dollars.
12 monthly observations · Source: BLS series APU0000702111.
In 2023, bread averaged $1.96 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 $1.89 in January to $2.02 in December. Over the year it rose from $1.89 in January to $2.02 in December, a 7.2% increase.
Adjusted for inflation, $1.96 in 2023 is worth about $2.16 in 2026 dollars. Today bread averages $1.83 per lb, so in real terms it is 15% cheaper than it was in 2023. In plain (unadjusted) dollars the price is down 7% versus the 2023 average.
2023 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $1.89 | ▲ 0.8% |
| February | $1.90 | ▲ 0.4% |
| March | $1.94 | ▲ 2.1% |
| April | $1.99 | ▲ 2.7% |
| May | $1.95 | ▼ 1.9% |
| June | $1.94 | ▼ 0.7% |
| July | $1.98 | ▲ 2.2% |
| August | $1.97 | ▼ 0.5% |
| September | $1.97 | ▲ 0.1% |
| October | $2.00 | ▲ 1.5% |
| November | $1.98 | ▼ 1.3% |
| December | $2.02 | ▲ 2.4% |
| 2023 average | $1.96 |
FAQ
What was the average price of bread in 2023?
Bread averaged $1.96 per lb in 2023, based on 12 months of BLS average price data.
How much is $1.96 of 2023 bread worth today?
Adjusted for inflation with the CPI-U, $1.96 in 2023 is about $2.16 in 2026 dollars.
How does the 2023 price of bread compare to now?
Bread now averages $1.83 per lb, down 7% from the 2023 average of $1.96.
Cite this
Basket Report. "Bread price in 2023 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/bread/2023/. Data: U.S. Bureau of Labor Statistics, series APU0000702111. <a href="https://basketreport.com/prices/bread/2023/">Bread price in 2023 (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 2023 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/bread/2023/