Prices are now 2.1x higher than in 1996
In 1996, a dozen eggs cost $1.11, a gallon of gas cost $1.23 and a gallon of milk cost $2.62.
According to the Bureau of Labor Statistics, something that cost $100 in 1996 costs about $213.50 today. The inflation rate in 1996 was 3.0%, and total inflation from 1996 to August 2026 was 113%.
The effects of inflation can vary. Adjusted for inflation, the biggest increase since 1996 was for ground beef (up 137%), and the biggest drop was for boneless pork chops (down 50%).
| Dozen eggs | $1.11 → $2.27 |
| Gallon of gas | $1.23 → $4.20 |
| Gallon of milk | $2.62 → $4.23 |
| Pound of bread | $0.88 → $1.82 |
| Pound of ground beef | $1.37 → $6.92 |
| Pound of coffee | $3.43 → $9.30 |
| All prices, on average | $100.00 → $213.50 |
Biggest price changes since 1996
The lists below break down price changes by item.
Each list shows average prices in 1996 compared to the price today. These are the actual prices people paid on average. For comparison, prices overall rose 113% between 1996 and August 2026.These prices are inflation-adjusted, meaning all values shown are adjusted for the baseline of 113% inflation between 1996 and August 2026.
More inflation
- Ground beef406% higher137% higherWas $1.37 in 1996, now $6.92 per lbWas $2.92 in today's dollars, now $6.92 per lb
- Heating oil405% higher136% higherWas $1.02 in 1996, now $5.15 per gallonWas $2.18 in today's dollars, now $5.15 per gallon
- Ground beef, lean321% higher97% higherWas $2.04 in 1996, now $8.57 per lbWas $4.35 in today's dollars, now $8.57 per lb
- Chuck roast290% higher83% higherWas $2.42 in 1996, now $9.45 per lbWas $5.17 in today's dollars, now $9.45 per lb
- Ground chuck276% higher76% higherWas $1.80 in 1996, now $6.77 per lbWas $3.85 in today's dollars, now $6.77 per lb
Less inflation
- Pork chops, boneless7% higher50% lowerWas $4.22 in 1996, now $4.53 per lbWas $9.01 in today's dollars, now $4.53 per lb
- Bananas33% higher38% lowerWas $0.49 in 1996, now $0.65 per lbWas $1.05 in today's dollars, now $0.65 per lb
- Chicken legs35% higher37% lowerWas $1.24 in 1996, now $1.67 per lbWas $2.65 in today's dollars, now $1.67 per lb
- American cheese42% higher33% lowerWas $3.34 in 1996, now $4.75 per lbWas $7.12 in today's dollars, now $4.75 per lb
- Spaghetti & macaroni59% higher26% lowerWas $0.86 in 1996, now $1.37 per lbWas $1.85 in today's dollars, now $1.37 per lb
Food and energy prices in 1996
These are the average prices Americans paid in 1996, next to what the same items cost in August 2026.These 1996 prices are converted to today's dollars. This means that the changes are relative to inflation.
Gas & energy
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Gasoline, regularper gallon | 1996$1.231996, adjusted$2.63 | Today$4.20 | Change241% higherAfter inflation60% higher |
| Gasoline, midgradeper gallon | 1996$1.321996, adjusted$2.83 | Today$4.69 | Change254% higherAfter inflation66% higher |
| Gasoline, premiumper gallon | 1996$1.411996, adjusted$3.02 | Today$5.13 | Change263% higherAfter inflation70% higher |
| Electricityper kWh | 1996$0.091996, adjusted$0.20 | Today$0.20 | Change108% higherAfter inflation3% lower |
| Natural gas (piped)per therm | 1996$0.651996, adjusted$1.38 | Today$1.71 | Change165% higherAfter inflation24% higher |
| Heating oilper gallon | 1996$1.021996, adjusted$2.18 | Today$5.15 | Change405% higherAfter inflation136% higher |
Meat & poultry
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground beef per lb | 1996$1.371996, adjusted$2.92 | Today$6.92 | Change406% higherAfter inflation137% higher |
| Ground chuck per lb | 1996$1.801996, adjusted$3.85 | Today$6.77 | Change276% higherAfter inflation76% higher |
| Ground beef, lean per lb | 1996$2.041996, adjusted$4.35 | Today$8.57 | Change321% higherAfter inflation97% higher |
| Sirloin steak per lb | 1996$4.211996, adjusted$8.99 | Today$14.36 | Change241% higherAfter inflation60% higher |
| Round steak per lb | 1996$3.121996, adjusted$6.66 | Today$9.69 | Change211% higherAfter inflation46% higher |
| Round roast per lb | 1996$2.801996, adjusted$5.98 | Today$8.96 | Change220% higherAfter inflation50% higher |
| Chuck roast per lb | 1996$2.421996, adjusted$5.17 | Today$9.45 | Change290% higherAfter inflation83% higher |
| Beef stew meat per lb | 1996$2.501996, adjusted$5.34 | Today$8.59 | Change244% higherAfter inflation61% higher |
| Baconper lb | 1996$2.471996, adjusted$5.28 | Today$6.61 | Change167% higherAfter inflation25% higher |
| Pork chops, boneless per lb | 1996$4.221996, adjusted$9.01 | Today$4.53 | Change7% higherAfter inflation50% lower |
| Ham, bonelessper lb | 1996$2.701996, adjusted$5.77 | Today$5.38 | Change99% higherAfter inflation7% lower |
| Whole chickenper lb | 1996$0.971996, adjusted$2.08 | Today$2.01 | Change107% higherAfter inflation3% lower |
| Chicken legs per lb | 1996$1.241996, adjusted$2.65 | Today$1.67 | Change35% higherAfter inflation37% lower |
Dairy & eggs
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Eggs, grade A largeper dozen | 1996$1.111996, adjusted$2.36 | Today$2.27 | Change105% higherAfter inflation4% lower |
| Whole milk per gallon | 1996$2.621996, adjusted$5.60 | Today$4.23 | Change61% higherAfter inflation24% lower |
| Cheddar cheese per lb | 1996$3.251996, adjusted$6.93 | Today$5.98 | Change84% higherAfter inflation14% lower |
| American cheese per lb | 1996$3.341996, adjusted$7.12 | Today$4.75 | Change42% higherAfter inflation33% lower |
| Ice cream per ½ gallon | 1996$2.861996, adjusted$6.11 | Today$5.85 | Change105% higherAfter inflation4% lower |
Fruits & vegetables
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Bananasper lb | 1996$0.491996, adjusted$1.05 | Today$0.65 | Change33% higherAfter inflation38% lower |
| Navel orangesper lb | 1996$0.621996, adjusted$1.32 | Today$1.71 | Change177% higherAfter inflation30% higher |
| Grapefruit per lb | 1996$0.571996, adjusted$1.23 | Today$1.60 | Change180% higherAfter inflation31% higher |
| Lemons per lb | 1996$1.111996, adjusted$2.38 | Today$2.11 | Change90% higherAfter inflation11% lower |
| Strawberries per 12 oz | 1996$1.291996, adjusted$2.76 | Today$2.58 | Change99% higherAfter inflation7% lower |
| Tomatoesper lb | 1996$1.211996, adjusted$2.58 | Today$1.98 | Change63% higherAfter inflation23% lower |
| Potatoesper lb | 1996$0.381996, adjusted$0.81 | Today$0.98 | Change156% higherAfter inflation20% higher |
| Iceberg lettuceper lb | 1996$0.651996, adjusted$1.38 | Today$1.47 | Change127% higherAfter inflation6% higher |
| Canned corn per lb | 1996$0.701996, adjusted$1.50 | Today$1.27 | Change82% higherAfter inflation15% lower |
| Dried beans per lb | 1996$0.691996, adjusted$1.48 | Today$1.63 | Change135% higherAfter inflation10% higher |
Pantry & bakery
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| White breadper lb | 1996$0.881996, adjusted$1.87 | Today$1.82 | Change108% higherAfter inflation2% lower |
| Flour per lb | 1996$0.291996, adjusted$0.61 | Today$0.55 | Change90% higherAfter inflation11% lower |
| Riceper lb | 1996$0.551996, adjusted$1.17 | Today$1.11 | Change103% higherAfter inflation5% lower |
| Spaghetti & macaroniper lb | 1996$0.861996, adjusted$1.85 | Today$1.37 | Change59% higherAfter inflation26% lower |
| Sugar per lb | 1996$0.421996, adjusted$0.89 | Today$1.02 | Change145% higherAfter inflation15% higher |
| Chocolate chip cookiesper lb | 1996$2.581996, adjusted$5.50 | Today$5.21 | Change102% higherAfter inflation5% lower |
| Potato chipsper 16 oz | 1996$3.061996, adjusted$6.53 | Today$6.75 | Change121% higherAfter inflation3% higher |
Drinks
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground coffeeper lb | 1996$3.431996, adjusted$7.32 | Today$9.30 | Change171% higherAfter inflation27% higher |
| Beerper 16 oz | 1996$0.841996, adjusted$1.78 | Today$1.88 | Change125% higherAfter inflation5% higher |
| Wineper liter | 1996$4.931996, adjusted$10.52 | Today$13.75 | Change179% higherAfter inflation31% higher |
Frequently asked questions
How much did a dozen eggs cost in 1996?
A dozen eggs cost an average of $1.11 in 1996. In August 2026, the average price was $2.27. After adjusting for inflation, that's 4% lower than in 1996.
How much did a gallon of gas cost in 1996?
A gallon of gas cost an average of $1.23 in 1996. In August 2026, the average price was $4.20. After adjusting for inflation, that's 60% higher than in 1996.
How much did a gallon of milk cost in 1996?
A gallon of milk cost an average of $2.62 in 1996. In August 2026, the average price was $4.23. After adjusting for inflation, that's 24% lower than in 1996.
How much did a pound of white bread cost in 1996?
A pound of white bread cost an average of $0.88 in 1996. In August 2026, the average price was $1.82. After adjusting for inflation, that's 2% lower than in 1996.
How much did a pound of ground beef cost in 1996?
A pound of ground beef cost an average of $1.37 in 1996. In August 2026, the average price was $6.92. After adjusting for inflation, that's 137% higher than in 1996.
How much did a pound of coffee cost in 1996?
A pound of coffee cost an average of $3.43 in 1996. In August 2026, the average price was $9.30. After adjusting for inflation, that's 27% higher than in 1996.
How much is $1 from 1996 worth today?
$1 in 1996 has about the same buying power as $2.13 today, according to the Bureau of Labor Statistics consumer price index.
What was the inflation rate in 1996?
The U.S. inflation rate in 1996 was 3.0%, measured as the change in the consumer price index from 1995 to 1996.
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 1996 prices are averages for the whole year, and today's prices are from August 2026.
To adjust 1996 prices for inflation, we use the same consumer price index as our 1996 inflation calculator. The raw price data is available on the BLS website.
Prices in other years
- 1980
- 1981
- 1982
- 1983
- 1984
- 1985
- 1986
- 1987
- 1988
- 1989
- 1990
- 1991
- 1992
- 1993
- 1994
- 1995
- 1996
- 1997
- 1998
- 1999
- 2000
- 2001
- 2002
- 2003
- 2004
- 2005
- 2006
- 2007
- 2008
- 2009
- 2010
- 2011
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
- 2023
- 2024
- 2025
| Dozen eggs | $1.11 → $2.27 |
| Gallon of gas | $1.23 → $4.20 |
| Gallon of milk | $2.62 → $4.23 |
| Pound of bread | $0.88 → $1.82 |
| Pound of ground beef | $1.37 → $6.92 |
| Pound of coffee | $3.43 → $9.30 |
| All prices, on average | $100.00 → $213.50 |