THE GROCERY PRICE INDEX

How much did coffee cost in 2002?

Coffee averaged $2.92 per lb in 2002 — about $5.44 in 2026 dollars.

Monthly average price (USD per lb) · 2002

$2.82$2.87$2.92$2.97$3.02 $2.84 200220022002200220022002

In 2002, coffee averaged $2.92 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 $2.84 in December to $3.01 in May. Over the year it fell from $2.94 in January to $2.84 in December, a 3.3% decline.

Adjusted for inflation, $2.92 in 2002 is worth about $5.44 in 2026 dollars. Today coffee averages $9.51 per lb, so in real terms it is 75% more expensive than it was in 2002. In plain (unadjusted) dollars the price is up 226% versus the 2002 average.

2002 monthly prices

MonthPriceMoM
January $2.94 ▲ 0.8%
February $2.95 ▲ 0.3%
March $2.86 ▼ 3.0%
April $2.98 ▲ 4.1%
May $3.01 ▲ 1.2%
June $2.94 ▼ 2.4%
July $2.98 ▲ 1.3%
August $2.93 ▼ 1.6%
September $2.92 ▼ 0.3%
October $2.87 ▼ 1.7%
November $2.88 ▲ 0.3%
December $2.84 ▼ 1.5%
2002 average$2.92

FAQ

What was the average price of coffee in 2002?

Coffee averaged $2.92 per lb in 2002, based on 12 months of BLS average price data.

How much is $2.92 of 2002 coffee worth today?

Adjusted for inflation with the CPI-U, $2.92 in 2002 is about $5.44 in 2026 dollars.

How does the 2002 price of coffee compare to now?

Coffee now averages $9.51 per lb, up 226% from the 2002 average of $2.92.