THE GROCERY PRICE INDEX

How much did ground beef cost in 2017?

Ground beef averaged $3.64 per lb in 2017 — about $4.98 in 2026 dollars.

Monthly average price (USD per lb) · 2017

$3.53$3.59$3.65$3.71$3.77 $3.71 201720172017201720172017

In 2017, ground beef averaged $3.64 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 $3.55 in April to $3.75 in July. Over the year it rose from $3.55 in January to $3.71 in December, a 4.4% increase.

Adjusted for inflation, $3.64 in 2017 is worth about $4.98 in 2026 dollars. Today ground beef averages $6.75 per lb, so in real terms it is 35% more expensive than it was in 2017. In plain (unadjusted) dollars the price is up 85% versus the 2017 average.

2017 monthly prices

MonthPriceMoM
January $3.55 ▼ 0.2%
February $3.56 ▲ 0.1%
March $3.59 ▲ 1.0%
April $3.55 ▼ 1.3%
May $3.56 ▲ 0.3%
June $3.68 ▲ 3.4%
July $3.75 ▲ 2.0%
August $3.73 ▼ 0.6%
September $3.71 ▼ 0.7%
October $3.69 ▼ 0.5%
November $3.64 ▼ 1.4%
December $3.71 ▲ 1.9%
2017 average$3.64

FAQ

What was the average price of ground beef in 2017?

Ground beef averaged $3.64 per lb in 2017, based on 12 months of BLS average price data.

How much is $3.64 of 2017 ground beef worth today?

Adjusted for inflation with the CPI-U, $3.64 in 2017 is about $4.98 in 2026 dollars.

How does the 2017 price of ground beef compare to now?

Ground beef now averages $6.75 per lb, up 85% from the 2017 average of $3.64.