THE GROCERY PRICE INDEX

How much did ground beef cost in 2006?

Ground beef averaged $2.22 per lb in 2006 — about $3.69 in 2026 dollars.

Monthly average price (USD per lb) · 2006

$2.14$2.17$2.21$2.25$2.29 $2.26 200620062006200620062006

In 2006, ground beef averaged $2.22 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 $2.15 in July to $2.28 in January. Over the year it fell from $2.28 in January to $2.26 in December, a 0.8% decline.

Adjusted for inflation, $2.22 in 2006 is worth about $3.69 in 2026 dollars. Today ground beef averages $6.75 per lb, so in real terms it is 83% more expensive than it was in 2006. In plain (unadjusted) dollars the price is up 204% versus the 2006 average.

2006 monthly prices

MonthPriceMoM
January $2.28 ▼ 1.1%
February $2.19 ▼ 3.9%
March $2.25 ▲ 2.9%
April $2.23 ▼ 1.0%
May $2.24 ▲ 0.5%
June $2.24 ▼ 0.1%
July $2.15 ▼ 4.0%
August $2.21 ▲ 3.1%
September $2.20 ▼ 0.5%
October $2.21 ▲ 0.2%
November $2.21 — 0.0%
December $2.26 ▲ 2.4%
2006 average$2.22

FAQ

What was the average price of ground beef in 2006?

Ground beef averaged $2.22 per lb in 2006, based on 12 months of BLS average price data.

How much is $2.22 of 2006 ground beef worth today?

Adjusted for inflation with the CPI-U, $2.22 in 2006 is about $3.69 in 2026 dollars.

How does the 2006 price of ground beef compare to now?

Ground beef now averages $6.75 per lb, up 204% from the 2006 average of $2.22.