How much did ground beef cost in 2014?
Ground beef averaged $3.90 per lb in 2014 — about $5.52 in 2026 dollars.
Monthly average price (USD per lb) · 2014
In 2014, ground beef averaged $3.90 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 $3.47 in January to $4.20 in November. Over the year it rose from $3.47 in January to $4.16 in December, a 19.9% increase.
Adjusted for inflation, $3.90 in 2014 is worth about $5.52 in 2026 dollars. Today ground beef averages $6.75 per lb, so in real terms it is 22% more expensive than it was in 2014. In plain (unadjusted) dollars the price is up 73% versus the 2014 average.
2014 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $3.47 | ▲ 0.2% |
| February | $3.56 | ▲ 2.5% |
| March | $3.70 | ▲ 4.0% |
| April | $3.81 | ▲ 3.0% |
| May | $3.86 | ▲ 1.3% |
| June | $3.88 | ▲ 0.6% |
| July | $3.88 | ▲ 0.1% |
| August | $4.01 | ▲ 3.3% |
| September | $4.10 | ▲ 2.1% |
| October | $4.15 | ▲ 1.4% |
| November | $4.20 | ▲ 1.1% |
| December | $4.16 | ▼ 1.1% |
| 2014 average | $3.90 |
FAQ
What was the average price of ground beef in 2014?
Ground beef averaged $3.90 per lb in 2014, based on 12 months of BLS average price data.
How much is $3.90 of 2014 ground beef worth today?
Adjusted for inflation with the CPI-U, $3.90 in 2014 is about $5.52 in 2026 dollars.
How does the 2014 price of ground beef compare to now?
Ground beef now averages $6.75 per lb, up 73% from the 2014 average of $3.90.