How much did coffee cost in 2024?
Coffee averaged $6.32 per lb in 2024 — about $6.75 in 2026 dollars.
Monthly average price (USD per lb) · 2024
In 2024, coffee averaged $6.32 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 $5.96 in March to $6.87 in November. Over the year it rose from $6.12 in January to $6.78 in December, a 10.6% increase.
Adjusted for inflation, $6.32 in 2024 is worth about $6.75 in 2026 dollars. Today coffee averages $9.51 per lb, so in real terms it is 41% more expensive than it was in 2024. In plain (unadjusted) dollars the price is up 50% versus the 2024 average.
2024 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $6.12 | ▲ 0.5% |
| February | $6.09 | ▼ 0.5% |
| March | $5.96 | ▼ 2.1% |
| April | $6.06 | ▲ 1.7% |
| May | $5.99 | ▼ 1.2% |
| June | $6.25 | ▲ 4.4% |
| July | $6.31 | ▲ 0.9% |
| August | $6.31 | ▲ 0.1% |
| September | $6.47 | ▲ 2.5% |
| October | $6.64 | ▲ 2.7% |
| November | $6.87 | ▲ 3.4% |
| December | $6.78 | ▼ 1.3% |
| 2024 average | $6.32 |
FAQ
What was the average price of coffee in 2024?
Coffee averaged $6.32 per lb in 2024, based on 12 months of BLS average price data.
How much is $6.32 of 2024 coffee worth today?
Adjusted for inflation with the CPI-U, $6.32 in 2024 is about $6.75 in 2026 dollars.
How does the 2024 price of coffee compare to now?
Coffee now averages $9.51 per lb, up 50% from the 2024 average of $6.32.