THE GROCERY PRICE INDEX

How much did coffee cost in 1983?

Coffee averaged $2.47 per lb in 1983 — about $8.31 in 2026 dollars.

Monthly average price (USD per lb) · 1983

$2.42$2.45$2.48$2.51$2.54 $2.44 198319831983198319831983

In 1983, coffee averaged $2.47 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 $2.43 in October to $2.53 in January. Over the year it fell from $2.53 in January to $2.44 in December, a 3.6% decline.

Adjusted for inflation, $2.47 in 1983 is worth about $8.31 in 2026 dollars. Today coffee averages $9.51 per lb, so in real terms it is 14% more expensive than it was in 1983. In plain (unadjusted) dollars the price is up 285% versus the 1983 average.

1983 monthly prices

MonthPriceMoM
January $2.53 ▲ 1.1%
February $2.52 ▼ 0.4%
March $2.48 ▼ 1.6%
April $2.47 ▼ 0.5%
May $2.46 ▼ 0.3%
June $2.47 ▲ 0.5%
July $2.45 ▼ 0.7%
August $2.45 ▼ 0.1%
September $2.44 ▼ 0.5%
October $2.43 ▼ 0.3%
November $2.45 ▲ 0.9%
December $2.44 ▼ 0.7%
1983 average$2.47

FAQ

What was the average price of coffee in 1983?

Coffee averaged $2.47 per lb in 1983, based on 12 months of BLS average price data.

How much is $2.47 of 1983 coffee worth today?

Adjusted for inflation with the CPI-U, $2.47 in 1983 is about $8.31 in 2026 dollars.

How does the 1983 price of coffee compare to now?

Coffee now averages $9.51 per lb, up 285% from the 1983 average of $2.47.