THE GROCERY PRICE INDEX

How much did ground beef cost in 1991?

Ground beef averaged $1.60 per lb in 1991 — about $3.94 in 2026 dollars.

Monthly average price (USD per lb) · 1991

$1.54$1.57$1.60$1.63$1.65 $1.58 199119911991199119911991

In 1991, ground beef averaged $1.60 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 $1.55 in October to $1.65 in January. Over the year it fell from $1.65 in January to $1.58 in December, a 4.3% decline.

Adjusted for inflation, $1.60 in 1991 is worth about $3.94 in 2026 dollars. Today ground beef averages $6.75 per lb, so in real terms it is 71% more expensive than it was in 1991. In plain (unadjusted) dollars the price is up 322% versus the 1991 average.

1991 monthly prices

MonthPriceMoM
January $1.65 ▲ 1.0%
February $1.63 ▼ 0.9%
March $1.61 ▼ 1.4%
April $1.61 ▲ 0.1%
May $1.62 ▲ 0.8%
June $1.60 ▼ 1.2%
July $1.59 ▼ 1.1%
August $1.58 ▼ 0.5%
September $1.55 ▼ 1.6%
October $1.55 ▼ 0.1%
November $1.57 ▲ 1.0%
December $1.58 ▲ 0.6%
1991 average$1.60

FAQ

What was the average price of ground beef in 1991?

Ground beef averaged $1.60 per lb in 1991, based on 12 months of BLS average price data.

How much is $1.60 of 1991 ground beef worth today?

Adjusted for inflation with the CPI-U, $1.60 in 1991 is about $3.94 in 2026 dollars.

How does the 1991 price of ground beef compare to now?

Ground beef now averages $6.75 per lb, up 322% from the 1991 average of $1.60.