THE GROCERY PRICE INDEX

How much did ground beef cost in 1985?

Ground beef averaged $1.24 per lb in 1985 — about $3.86 in 2026 dollars.

Monthly average price (USD per lb) · 1985

$1.18$1.21$1.24$1.26$1.29 $1.28 198519851985198519851985

In 1985, ground beef averaged $1.24 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 $1.19 in October to $1.28 in January. Over the year it fell from $1.28 in January to $1.28 in December, a 0.5% decline.

Adjusted for inflation, $1.24 in 1985 is worth about $3.86 in 2026 dollars. Today ground beef averages $6.75 per lb, so in real terms it is 75% more expensive than it was in 1985. In plain (unadjusted) dollars the price is up 444% versus the 1985 average.

1985 monthly prices

MonthPriceMoM
January $1.28 ▼ 1.1%
February $1.28 ▼ 0.1%
March $1.28 ▼ 0.1%
April $1.27 ▼ 1.2%
May $1.21 ▼ 4.3%
June $1.21 ▼ 0.7%
July $1.20 ▼ 0.4%
August $1.21 ▲ 0.6%
September $1.21 ▼ 0.2%
October $1.19 ▼ 1.3%
November $1.24 ▲ 4.1%
December $1.28 ▲ 3.1%
1985 average$1.24

FAQ

What was the average price of ground beef in 1985?

Ground beef averaged $1.24 per lb in 1985, based on 12 months of BLS average price data.

How much is $1.24 of 1985 ground beef worth today?

Adjusted for inflation with the CPI-U, $1.24 in 1985 is about $3.86 in 2026 dollars.

How does the 1985 price of ground beef compare to now?

Ground beef now averages $6.75 per lb, up 444% from the 1985 average of $1.24.