THE GROCERY PRICE INDEX

How much did coffee cost in 2004?

Coffee averaged $2.85 per lb in 2004 — about $5.06 in 2026 dollars.

Monthly average price (USD per lb) · 2004

$2.74$2.79$2.84$2.89$2.95 $2.78 200420042004200420042004

In 2004, coffee averaged $2.85 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 $2.75 in June to $2.93 in March. Over the year it fell from $2.89 in January to $2.78 in December, a 4.0% decline.

Adjusted for inflation, $2.85 in 2004 is worth about $5.06 in 2026 dollars. Today coffee averages $9.51 per lb, so in real terms it is 88% more expensive than it was in 2004. In plain (unadjusted) dollars the price is up 234% versus the 2004 average.

2004 monthly prices

MonthPriceMoM
January $2.89 ▲ 0.6%
February $2.86 ▼ 1.2%
March $2.93 ▲ 2.7%
April $2.91 ▼ 0.8%
May $2.83 ▼ 2.6%
June $2.75 ▼ 2.9%
July $2.88 ▲ 4.7%
August $2.88 — 0.0%
September $2.87 ▼ 0.1%
October $2.84 ▼ 1.2%
November $2.78 ▼ 2.2%
December $2.78 ▼ 0.1%
2004 average$2.85

FAQ

What was the average price of coffee in 2004?

Coffee averaged $2.85 per lb in 2004, based on 12 months of BLS average price data.

How much is $2.85 of 2004 coffee worth today?

Adjusted for inflation with the CPI-U, $2.85 in 2004 is about $5.06 in 2026 dollars.

How does the 2004 price of coffee compare to now?

Coffee now averages $9.51 per lb, up 234% from the 2004 average of $2.85.