How much did ground beef cost in 1993?
Ground beef averaged $1.57 per lb in 1993 — about $3.64 in 2026 dollars.
Monthly average price (USD per lb) · 1993
In 1993, ground beef averaged $1.57 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 September to $1.60 in November. Over the year it rose from $1.57 in January to $1.57 in December, a 0.6% increase.
Adjusted for inflation, $1.57 in 1993 is worth about $3.64 in 2026 dollars. Today ground beef averages $6.75 per lb, so in real terms it is 85% more expensive than it was in 1993. In plain (unadjusted) dollars the price is up 330% versus the 1993 average.
1993 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $1.57 | ▲ 4.3% |
| February | $1.56 | ▼ 0.2% |
| March | $1.56 | — 0.0% |
| April | $1.59 | ▲ 1.7% |
| May | $1.56 | ▼ 1.8% |
| June | $1.56 | ▲ 0.1% |
| July | $1.58 | ▲ 1.0% |
| August | $1.57 | ▼ 0.3% |
| September | $1.55 | ▼ 1.4% |
| October | $1.56 | ▲ 0.3% |
| November | $1.60 | ▲ 2.8% |
| December | $1.57 | ▼ 1.6% |
| 1993 average | $1.57 |
FAQ
What was the average price of ground beef in 1993?
Ground beef averaged $1.57 per lb in 1993, based on 12 months of BLS average price data.
How much is $1.57 of 1993 ground beef worth today?
Adjusted for inflation with the CPI-U, $1.57 in 1993 is about $3.64 in 2026 dollars.
How does the 1993 price of ground beef compare to now?
Ground beef now averages $6.75 per lb, up 330% from the 1993 average of $1.57.