THE GROCERY PRICE INDEX

How much did coffee cost in 1987?

Coffee averaged $2.79 per lb in 1987 — about $8.23 in 2026 dollars.

Monthly average price (USD per lb) · 1987

$2.50$2.69$2.87$3.06$3.24 $2.55 198719871987198719871987

In 1987, coffee averaged $2.79 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 $2.55 in December to $3.19 in January. Over the year it fell from $3.19 in January to $2.55 in December, a 20.0% decline.

Adjusted for inflation, $2.79 in 1987 is worth about $8.23 in 2026 dollars. Today coffee averages $9.51 per lb, so in real terms it is 16% more expensive than it was in 1987. In plain (unadjusted) dollars the price is up 241% versus the 1987 average.

1987 monthly prices

MonthPriceMoM
January $3.19 ▼ 1.7%
February $3.09 ▼ 3.3%
March $2.96 ▼ 4.1%
April $2.87 ▼ 3.2%
May $2.78 ▼ 3.1%
June $2.74 ▼ 1.4%
July $2.71 ▼ 1.0%
August $2.64 ▼ 2.7%
September $2.65 ▲ 0.7%
October $2.67 ▲ 0.6%
November $2.58 ▼ 3.3%
December $2.55 ▼ 1.1%
1987 average$2.79

FAQ

What was the average price of coffee in 1987?

Coffee averaged $2.79 per lb in 1987, based on 12 months of BLS average price data.

How much is $2.79 of 1987 coffee worth today?

Adjusted for inflation with the CPI-U, $2.79 in 1987 is about $8.23 in 2026 dollars.

How does the 1987 price of coffee compare to now?

Coffee now averages $9.51 per lb, up 241% from the 1987 average of $2.79.