Prices in 1984 vs. today

Prices are now 3.2x higher than in 1984

In 1984, a dozen eggs cost $1.00, a gallon of gas cost $1.21 and a pound of white bread cost $0.54.

According to the Bureau of Labor Statistics, something that cost $100 in 1984 costs about $322.41 today. The inflation rate in 1984 was 4.3%, and total inflation from 1984 to August 2026 was 222%.

The effects of inflation can vary. Adjusted for inflation, the biggest increase since 1984 was for ground beef (up 67%), and the biggest drop was for chicken legs (down 55%).

What things cost in 1984
Dozen eggs$1.00 → $2.27
Gallon of gas$1.21 → $4.20
Pound of bread$0.54 → $1.82
Pound of ground beef$1.29 → $6.92
Pound of coffee$2.58 → $9.30
All prices, on average$100.00 → $322.41

Biggest price changes since 1984

The lists below break down price changes by item.

Each list shows average prices in 1984 compared to the price today. These are the actual prices people paid on average. For comparison, prices overall rose 222% between 1984 and August 2026.These prices are inflation-adjusted, meaning all values shown are adjusted for the baseline of 222% inflation between 1984 and August 2026.

More inflation

  • Ground beef438% higher67% higher
    Was $1.29 in 1984, now $6.92 per lbWas $4.15 in today's dollars, now $6.92 per lb
  • Heating oil359% higher42% higher
    Was $1.12 in 1984, now $5.15 per gallonWas $3.61 in today's dollars, now $5.15 per gallon
  • Navel oranges304% higher25% higher
    Was $0.42 in 1984, now $1.71 per lbWas $1.37 in today's dollars, now $1.71 per lb
  • Grapefruit303% higher25% higher
    Was $0.40 in 1984, now $1.60 per lbWas $1.28 in today's dollars, now $1.60 per lb
  • Ground chuck295% higher22% higher
    Was $1.72 in 1984, now $6.77 per lbWas $5.54 in today's dollars, now $6.77 per lb

Less inflation

  • Chicken legs45% higher55% lower
    Was $1.15 in 1984, now $1.67 per lbWas $3.72 in today's dollars, now $1.67 per lb
  • Bananas81% higher44% lower
    Was $0.36 in 1984, now $0.65 per lbWas $1.16 in today's dollars, now $0.65 per lb
  • Spaghetti & macaroni87% higher42% lower
    Was $0.73 in 1984, now $1.37 per lbWas $2.37 in today's dollars, now $1.37 per lb
  • American cheese89% higher41% lower
    Was $2.51 in 1984, now $4.75 per lbWas $8.08 in today's dollars, now $4.75 per lb
  • Cheddar cheese95% higher39% lower
    Was $3.07 in 1984, now $5.98 per lbWas $9.88 in today's dollars, now $5.98 per lb

Food and energy prices in 1984

These are the average prices Americans paid in 1984, next to what the same items cost in August 2026.These 1984 prices are converted to today's dollars. This means that the changes are relative to inflation.

Gas & energy

Item19841984 (adjusted)TodayChangeChange after inflation
Gasoline, regularper gallon1984$1.211984, adjusted$3.91Today$4.20Change246% higherAfter inflation7% higher
Gasoline, premiumper gallon1984$1.371984, adjusted$4.40Today$5.13Change276% higherAfter inflation17% higher
Electricityper kWh1984$0.081984, adjusted$0.26Today$0.20Change140% higherAfter inflation26% lower
Natural gas (piped)per therm1984$0.651984, adjusted$2.09Today$1.71Change165% higherAfter inflation18% lower
Heating oilper gallon1984$1.121984, adjusted$3.61Today$5.15Change359% higherAfter inflation42% higher

Meat & poultry

Item19841984 (adjusted)TodayChangeChange after inflation
Ground beef per lb1984$1.291984, adjusted$4.15Today$6.92Change438% higherAfter inflation67% higher
Ground chuck per lb1984$1.721984, adjusted$5.54Today$6.77Change295% higherAfter inflation22% higher
Round steak per lb1984$2.911984, adjusted$9.37Today$9.69Change233% higherAfter inflation3% higher
Round roast per lb1984$2.581984, adjusted$8.30Today$8.96Change248% higherAfter inflation8% higher
Baconper lb1984$1.861984, adjusted$5.99Today$6.61Change256% higherAfter inflation10% higher
Whole chickenper lb1984$0.811984, adjusted$2.61Today$2.01Change148% higherAfter inflation23% lower
Chicken legs per lb1984$1.151984, adjusted$3.72Today$1.67Change45% higherAfter inflation55% lower

Dairy & eggs

Item19841984 (adjusted)TodayChangeChange after inflation
Eggs, grade A largeper dozen1984$1.001984, adjusted$3.24Today$2.27Change126% higherAfter inflation30% lower
Cheddar cheese per lb1984$3.071984, adjusted$9.88Today$5.98Change95% higherAfter inflation39% lower
American cheese per lb1984$2.511984, adjusted$8.08Today$4.75Change89% higherAfter inflation41% lower
Ice cream per ½ gallon1984$2.221984, adjusted$7.15Today$5.85Change164% higherAfter inflation18% lower

Fruits & vegetables

Item19841984 (adjusted)TodayChangeChange after inflation
Bananasper lb1984$0.361984, adjusted$1.16Today$0.65Change81% higherAfter inflation44% lower
Navel orangesper lb1984$0.421984, adjusted$1.37Today$1.71Change304% higherAfter inflation25% higher
Grapefruit per lb1984$0.401984, adjusted$1.28Today$1.60Change303% higherAfter inflation25% higher
Lemons per lb1984$0.751984, adjusted$2.42Today$2.11Change181% higherAfter inflation13% lower
Strawberries per 12 oz1984$0.801984, adjusted$2.56Today$2.58Change224% higherAfter inflation1% higher
Tomatoesper lb1984$0.811984, adjusted$2.60Today$1.98Change145% higherAfter inflation24% lower
Iceberg lettuceper lb1984$0.511984, adjusted$1.65Today$1.47Change187% higherAfter inflation11% lower

Pantry & bakery

Item19841984 (adjusted)TodayChangeChange after inflation
White breadper lb1984$0.541984, adjusted$1.75Today$1.82Change237% higherAfter inflation4% higher
Flour per lb1984$0.211984, adjusted$0.69Today$0.55Change157% higherAfter inflation20% lower
Riceper lb1984$0.481984, adjusted$1.54Today$1.11Change132% higherAfter inflation28% lower
Spaghetti & macaroniper lb1984$0.731984, adjusted$2.37Today$1.37Change87% higherAfter inflation42% lower
Sugar per lb1984$0.361984, adjusted$1.17Today$1.02Change182% higherAfter inflation13% lower
Chocolate chip cookiesper lb1984$1.871984, adjusted$6.04Today$5.21Change178% higherAfter inflation14% lower
Potato chipsper 16 oz1984$2.571984, adjusted$8.28Today$6.75Change163% higherAfter inflation18% lower

Drinks

Item19841984 (adjusted)TodayChangeChange after inflation
Ground coffeeper lb1984$2.581984, adjusted$8.31Today$9.30Change261% higherAfter inflation12% higher

Frequently asked questions

How much did a dozen eggs cost in 1984?

A dozen eggs cost an average of $1.00 in 1984. In August 2026, the average price was $2.27. After adjusting for inflation, that's 30% lower than in 1984.

How much did a gallon of gas cost in 1984?

A gallon of gas cost an average of $1.21 in 1984. In August 2026, the average price was $4.20. After adjusting for inflation, that's 7% higher than in 1984.

How much did a pound of white bread cost in 1984?

A pound of white bread cost an average of $0.54 in 1984. In August 2026, the average price was $1.82. After adjusting for inflation, that's 4% higher than in 1984.

How much did a pound of ground beef cost in 1984?

A pound of ground beef cost an average of $1.29 in 1984. In August 2026, the average price was $6.92. After adjusting for inflation, that's 67% higher than in 1984.

How much did a pound of coffee cost in 1984?

A pound of coffee cost an average of $2.58 in 1984. In August 2026, the average price was $9.30. After adjusting for inflation, that's 12% higher than in 1984.

How much is $1 from 1984 worth today?

$1 in 1984 has about the same buying power as $3.22 today, according to the Bureau of Labor Statistics consumer price index.

What was the inflation rate in 1984?

The U.S. inflation rate in 1984 was 4.3%, measured as the change in the consumer price index from 1983 to 1984.


Where these prices come from

These prices come from the Bureau of Labor Statistics, which checks what everyday items cost in stores across the U.S. every month. The 1984 prices are averages for the whole year, and today's prices are from August 2026.

To adjust 1984 prices for inflation, we use the same consumer price index as our 1984 inflation calculator. The raw price data is available on the BLS website.


Prices in other years


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

Email · LinkedIn · Twitter

What things cost in 1984
Dozen eggs$1.00 → $2.27
Gallon of gas$1.21 → $4.20
Pound of bread$0.54 → $1.82
Pound of ground beef$1.29 → $6.92
Pound of coffee$2.58 → $9.30
All prices, on average$100.00 → $322.41