How much did coffee cost in 2003?
Coffee averaged $2.92 per lb in 2003 — about $5.32 in 2026 dollars.
Monthly average price (USD per lb) · 2003
In 2003, 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 $2.78 in November to $3.01 in April. Over the year it fell from $3.00 in January to $2.88 in December, a 4.1% decline.
Adjusted for inflation, $2.92 in 2003 is worth about $5.32 in 2026 dollars. Today coffee averages $9.51 per lb, so in real terms it is 79% more expensive than it was in 2003. In plain (unadjusted) dollars the price is up 226% versus the 2003 average.
2003 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $3.00 | ▲ 5.7% |
| February | $2.92 | ▼ 2.5% |
| March | $2.93 | ▲ 0.3% |
| April | $3.01 | ▲ 2.6% |
| May | $2.94 | ▼ 2.4% |
| June | $2.93 | ▼ 0.2% |
| July | $2.94 | ▲ 0.4% |
| August | $2.92 | ▼ 0.8% |
| September | $2.92 | ▼ 0.1% |
| October | $2.83 | ▼ 3.2% |
| November | $2.78 | ▼ 1.6% |
| December | $2.88 | ▲ 3.5% |
| 2003 average | $2.92 |
FAQ
What was the average price of coffee in 2003?
Coffee averaged $2.92 per lb in 2003, based on 12 months of BLS average price data.
How much is $2.92 of 2003 coffee worth today?
Adjusted for inflation with the CPI-U, $2.92 in 2003 is about $5.32 in 2026 dollars.
How does the 2003 price of coffee compare to now?
Coffee now averages $9.51 per lb, up 226% from the 2003 average of $2.92.