THE GROCERY PRICE INDEX

How much did ground beef cost in 2011?

Ground beef averaged $2.77 per lb in 2011 — about $4.13 in 2026 dollars.

Monthly average price (USD per lb) · 2011

$2.50$2.61$2.73$2.84$2.95 $2.92 201120112011201120112011

In 2011, ground beef averaged $2.77 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 $2.53 in January to $2.92 in December. Over the year it rose from $2.53 in January to $2.92 in December, a 15.3% increase.

Adjusted for inflation, $2.77 in 2011 is worth about $4.13 in 2026 dollars. Today ground beef averages $6.75 per lb, so in real terms it is 63% more expensive than it was in 2011. In plain (unadjusted) dollars the price is up 144% versus the 2011 average.

2011 monthly prices

MonthPriceMoM
January $2.53 ▲ 6.5%
February $2.66 ▲ 5.0%
March $2.72 ▲ 2.1%
April $2.72 ▲ 0.3%
May $2.69 ▼ 1.0%
June $2.77 ▲ 3.0%
July $2.82 ▲ 1.6%
August $2.82 ▲ 0.0%
September $2.87 ▲ 1.7%
October $2.88 ▲ 0.3%
November $2.90 ▲ 0.8%
December $2.92 ▲ 0.8%
2011 average$2.77

FAQ

What was the average price of ground beef in 2011?

Ground beef averaged $2.77 per lb in 2011, based on 12 months of BLS average price data.

How much is $2.77 of 2011 ground beef worth today?

Adjusted for inflation with the CPI-U, $2.77 in 2011 is about $4.13 in 2026 dollars.

How does the 2011 price of ground beef compare to now?

Ground beef now averages $6.75 per lb, up 144% from the 2011 average of $2.77.