THE GROCERY PRICE INDEX

How much did coffee cost in 2020?

Coffee averaged $4.43 per lb in 2020 — about $5.74 in 2026 dollars.

Monthly average price (USD per lb) · 2020

$4.15$4.25$4.36$4.46$4.56 $4.52 202020202020202020202020

In 2020, coffee averaged $4.43 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 $4.17 in January to $4.54 in July. Over the year it rose from $4.17 in January to $4.52 in December, a 8.3% increase.

Adjusted for inflation, $4.43 in 2020 is worth about $5.74 in 2026 dollars. Today coffee averages $9.51 per lb, so in real terms it is 66% more expensive than it was in 2020. In plain (unadjusted) dollars the price is up 115% versus the 2020 average.

2020 monthly prices

MonthPriceMoM
January $4.17 ▲ 3.0%
February $4.25 ▲ 1.8%
March $4.33 ▲ 2.0%
April $4.40 ▲ 1.4%
May $4.47 ▲ 1.6%
June $4.52 ▲ 1.1%
July $4.54 ▲ 0.4%
August $4.50 ▼ 0.7%
September $4.49 ▼ 0.4%
October $4.52 ▲ 0.8%
November $4.49 ▼ 0.8%
December $4.52 ▲ 0.8%
2020 average$4.43

FAQ

What was the average price of coffee in 2020?

Coffee averaged $4.43 per lb in 2020, based on 12 months of BLS average price data.

How much is $4.43 of 2020 coffee worth today?

Adjusted for inflation with the CPI-U, $4.43 in 2020 is about $5.74 in 2026 dollars.

How does the 2020 price of coffee compare to now?

Coffee now averages $9.51 per lb, up 115% from the 2020 average of $4.43.