Prices are now 2.2x 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 $215.11 today. The inflation rate in 1996 was 3.0%, and total inflation from 1996 to October 2026 was 115%.
The effects of inflation can vary. Adjusted for inflation, the biggest increase since 1996 was for heating oil (up 179%), and the biggest drop was for boneless pork chops (down 50%).
| Dozen eggs | $1.11 → $2.32 |
| Gallon of gas | $1.23 → $4.45 |
| Gallon of milk | $2.62 → $4.10 |
| Pound of bread | $0.88 → $1.86 |
| Pound of ground beef | $1.37 → $6.76 |
| Pound of coffee | $3.43 → $9.25 |
| All prices, on average | $100.00 → $215.11 |
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 115% between 1996 and October 2026.These prices are inflation-adjusted, meaning all values shown are adjusted for the baseline of 115% inflation between 1996 and October 2026.
More inflation
- Heating oil500% higher179% higherWas $1.02 in 1996, now $6.11 per gallonWas $2.19 in today's dollars, now $6.11 per gallon
- Ground beef393% higher129% higherWas $1.37 in 1996, now $6.76 per lbWas $2.94 in today's dollars, now $6.76 per lb
- Ground beef, lean312% higher92% higherWas $2.04 in 1996, now $8.40 per lbWas $4.39 in today's dollars, now $8.40 per lb
- Gasoline, premium284% higher79% higherWas $1.41 in 1996, now $5.43 per gallonWas $3.04 in today's dollars, now $5.43 per gallon
- Chuck roast275% higher74% higherWas $2.42 in 1996, now $9.08 per lbWas $5.21 in today's dollars, now $9.08 per lb
Less inflation
- Pork chops, boneless7% higher50% lowerWas $4.22 in 1996, now $4.52 per lbWas $9.08 in today's dollars, now $4.52 per lb
- Bananas34% higher38% lowerWas $0.49 in 1996, now $0.66 per lbWas $1.05 in today's dollars, now $0.66 per lb
- Chicken legs41% higher35% lowerWas $1.24 in 1996, now $1.75 per lbWas $2.67 in today's dollars, now $1.75 per lb
- American cheese41% higher34% lowerWas $3.34 in 1996, now $4.71 per lbWas $7.17 in today's dollars, now $4.71 per lb
- Whole milk56% higher27% lowerWas $2.62 in 1996, now $4.10 per gallonWas $5.64 in today's dollars, now $4.10 per gallon
Food and energy prices in 1996
These are the average prices Americans paid in 1996, next to what the same items cost in October 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$2.65 | Today$4.45 | Change262% higherAfter inflation68% higher |
| Gasoline, midgradeper gallon | 1996$1.321996, adjusted$2.85 | Today$4.95 | Change274% higherAfter inflation74% higher |
| Gasoline, premiumper gallon | 1996$1.411996, adjusted$3.04 | Today$5.43 | Change284% higherAfter inflation79% higher |
| Electricityper kWh | 1996$0.091996, adjusted$0.20 | Today$0.19 | Change102% higherAfter inflation6% lower |
| Natural gas (piped)per therm | 1996$0.651996, adjusted$1.39 | Today$1.69 | Change162% higherAfter inflation22% higher |
| Heating oilper gallon | 1996$1.021996, adjusted$2.19 | Today$6.11 | Change500% higherAfter inflation179% higher |
Meat & poultry
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground beef per lb | 1996$1.371996, adjusted$2.94 | Today$6.76 | Change393% higherAfter inflation129% higher |
| Ground chuck per lb | 1996$1.801996, adjusted$3.88 | Today$6.73 | Change274% higherAfter inflation74% higher |
| Ground beef, lean per lb | 1996$2.041996, adjusted$4.39 | Today$8.40 | Change312% higherAfter inflation92% higher |
| Sirloin steak per lb | 1996$4.211996, adjusted$9.05 | Today$13.85 | Change229% higherAfter inflation53% higher |
| Round steak per lb | 1996$3.121996, adjusted$6.71 | Today$10.11 | Change224% higherAfter inflation51% higher |
| Round roast per lb | 1996$2.801996, adjusted$6.02 | Today$8.37 | Change199% higherAfter inflation39% higher |
| Chuck roast per lb | 1996$2.421996, adjusted$5.21 | Today$9.08 | Change275% higherAfter inflation74% higher |
| Beef stew meat per lb | 1996$2.501996, adjusted$5.38 | Today$8.67 | Change247% higherAfter inflation61% higher |
| Baconper lb | 1996$2.471996, adjusted$5.32 | Today$6.69 | Change170% higherAfter inflation26% higher |
| Pork chops, boneless per lb | 1996$4.221996, adjusted$9.08 | Today$4.52 | Change7% higherAfter inflation50% lower |
| Ham, bonelessper lb | 1996$2.701996, adjusted$5.82 | Today$5.26 | Change95% higherAfter inflation10% lower |
| Whole chickenper lb | 1996$0.971996, adjusted$2.09 | Today$2.03 | Change108% higherAfter inflation3% lower |
| Chicken legs per lb | 1996$1.241996, adjusted$2.67 | Today$1.75 | Change41% higherAfter inflation35% lower |
Dairy & eggs
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Eggs, grade A largeper dozen | 1996$1.111996, adjusted$2.38 | Today$2.32 | Change110% higherAfter inflation3% lower |
| Whole milkper gallon | 1996$2.621996, adjusted$5.64 | Today$4.10 | Change56% higherAfter inflation27% lower |
| Cheddar cheese per lb | 1996$3.251996, adjusted$6.99 | Today$6.13 | Change89% higherAfter inflation12% lower |
| American cheese per lb | 1996$3.341996, adjusted$7.17 | Today$4.71 | Change41% higherAfter inflation34% lower |
| Ice cream per ½ gallon | 1996$2.861996, adjusted$6.15 | Today$6.03 | Change111% higherAfter inflation2% lower |
Fruits & vegetables
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Bananasper lb | 1996$0.491996, adjusted$1.05 | Today$0.66 | Change34% higherAfter inflation38% lower |
| Lemons per lb | 1996$1.111996, adjusted$2.40 | Today$2.14 | Change92% higherAfter inflation11% lower |
| Strawberries per 12 oz | 1996$1.291996, adjusted$2.78 | Today$2.81 | Change117% higherAfter inflation1% higher |
| Tomatoesper lb | 1996$1.211996, adjusted$2.60 | Today$2.08 | Change72% higherAfter inflation20% lower |
| Potatoesper lb | 1996$0.381996, adjusted$0.82 | Today$0.99 | Change160% higherAfter inflation21% higher |
| Iceberg lettuceper lb | 1996$0.651996, adjusted$1.39 | Today$1.96 | Change203% higherAfter inflation41% higher |
| Dried beans per lb | 1996$0.691996, adjusted$1.49 | Today$1.68 | Change142% higherAfter inflation12% higher |
Pantry & bakery
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| White breadper lb | 1996$0.881996, adjusted$1.88 | Today$1.86 | Change113% higherAfter inflation1% lower |
| Flour per lb | 1996$0.291996, adjusted$0.62 | Today$0.54 | Change86% higherAfter inflation13% lower |
| Riceper lb | 1996$0.551996, adjusted$1.17 | Today$1.10 | Change102% higherAfter inflation6% lower |
| Spaghetti & macaroniper lb | 1996$0.861996, adjusted$1.86 | Today$1.38 | Change60% higherAfter inflation26% lower |
| Sugar per lb | 1996$0.421996, adjusted$0.90 | Today$1.00 | Change140% higherAfter inflation11% higher |
| Chocolate chip cookiesper lb | 1996$2.581996, adjusted$5.55 | Today$5.25 | Change104% higherAfter inflation5% lower |
| Potato chipsper 16 oz | 1996$3.061996, adjusted$6.58 | Today$6.64 | Change117% higherAfter inflation1% higher |
Drinks
| Item | 19961996 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground coffeeper lb | 1996$3.431996, adjusted$7.38 | Today$9.25 | Change170% higherAfter inflation25% higher |
| Beerper 16 oz | 1996$0.841996, adjusted$1.80 | Today$1.90 | Change127% higherAfter inflation6% higher |
| Wineper liter | 1996$4.931996, adjusted$10.60 | Today$14.05 | Change185% higherAfter inflation33% 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 October 2026, the average price was $2.32. After adjusting for inflation, that's 3% 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 October 2026, the average price was $4.45. After adjusting for inflation, that's 68% 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 October 2026, the average price was $4.10. After adjusting for inflation, that's 27% 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 October 2026, the average price was $1.86. After adjusting for inflation, that's 1% 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 October 2026, the average price was $6.76. After adjusting for inflation, that's 129% 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 October 2026, the average price was $9.25. After adjusting for inflation, that's 25% higher than in 1996.
How much is $1 from 1996 worth today?
$1 in 1996 has about the same buying power as $2.15 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 October 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
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| Dozen eggs | $1.11 → $2.32 |
| Gallon of gas | $1.23 → $4.45 |
| Gallon of milk | $2.62 → $4.10 |
| Pound of bread | $0.88 → $1.86 |
| Pound of ground beef | $1.37 → $6.76 |
| Pound of coffee | $3.43 → $9.25 |
| All prices, on average | $100.00 → $215.11 |