Prices are now 62% higher than in 2007
In 2007, a dozen eggs cost $1.68, a gallon of gas cost $2.80 and a gallon of milk cost $3.50.
According to the Bureau of Labor Statistics, something that cost $100 in 2007 costs about $161.56 today. The inflation rate in 2007 was 2.8%, and total inflation from 2007 to August 2026 was 62%.
The effects of inflation can vary. Adjusted for inflation, the biggest increase since 2007 was for ground beef (up 86%), and the biggest drop was for lemons (down 30%).
| Dozen eggs | $1.68 → $2.27 |
| Gallon of gas | $2.80 → $4.20 |
| Gallon of milk | $3.50 → $4.23 |
| Pound of bread | $1.21 → $1.82 |
| Pound of ground beef | $2.30 → $6.92 |
| Pound of coffee | $3.47 → $9.30 |
| All prices, on average | $100.00 → $161.56 |
Biggest price changes since 2007
The lists below break down price changes by item.
Each list shows average prices in 2007 compared to the price today. These are the actual prices people paid on average. For comparison, prices overall rose 62% between 2007 and August 2026.These prices are inflation-adjusted, meaning all values shown are adjusted for the baseline of 62% inflation between 2007 and August 2026.
More inflation
- Ground beef201% higher86% higherWas $2.30 in 2007, now $6.92 per lbWas $3.71 in today's dollars, now $6.92 per lb
- Chuck roast180% higher73% higherWas $3.38 in 2007, now $9.45 per lbWas $5.46 in today's dollars, now $9.45 per lb
- Ground beef, lean179% higher73% higherWas $3.07 in 2007, now $8.57 per lbWas $4.96 in today's dollars, now $8.57 per lb
- Ground coffee168% higher66% higherWas $3.47 in 2007, now $9.30 per lbWas $5.60 in today's dollars, now $9.30 per lb
- Ground chuck151% higher55% higherWas $2.70 in 2007, now $6.77 per lbWas $4.36 in today's dollars, now $6.77 per lb
Less inflation
- Lemons14% higher30% lowerWas $1.86 in 2007, now $2.11 per lbWas $3.00 in today's dollars, now $2.11 per lb
- Strawberries17% higher28% lowerWas $2.20 in 2007, now $2.58 per 12 ozWas $3.56 in today's dollars, now $2.58 per 12 oz
- Tomatoes20% higher26% lowerWas $1.65 in 2007, now $1.98 per lbWas $2.66 in today's dollars, now $1.98 per lb
- Whole milk21% higher25% lowerWas $3.50 in 2007, now $4.23 per gallonWas $5.66 in today's dollars, now $4.23 per gallon
- Chicken breast, boneless22% higher25% lowerWas $3.43 in 2007, now $4.17 per lbWas $5.54 in today's dollars, now $4.17 per lb
Food and energy prices in 2007
These are the average prices Americans paid in 2007, next to what the same items cost in August 2026.These 2007 prices are converted to today's dollars. This means that the changes are relative to inflation.
Gas & energy
| Item | 20072007 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Gasoline, regularper gallon | 2007$2.802007, adjusted$4.52 | Today$4.20 | Change50% higherAfter inflation7% lower |
| Gasoline, midgradeper gallon | 2007$2.912007, adjusted$4.70 | Today$4.69 | Change61% higherAfter inflationno change |
| Gasoline, premiumper gallon | 2007$3.032007, adjusted$4.90 | Today$5.13 | Change69% higherAfter inflation5% higher |
| Diesel fuel per gallon | 2007$2.962007, adjusted$4.79 | Today$5.55 | Change87% higherAfter inflation16% higher |
| Electricityper kWh | 2007$0.122007, adjusted$0.19 | Today$0.20 | Change68% higherAfter inflation4% higher |
| Natural gas (piped)per therm | 2007$1.262007, adjusted$2.04 | Today$1.71 | Change36% higherAfter inflation16% lower |
| Heating oilper gallon | 2007$2.682007, adjusted$4.33 | Today$5.15 | Change92% higherAfter inflation19% higher |
Meat & poultry
| Item | 20072007 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground beef per lb | 2007$2.302007, adjusted$3.71 | Today$6.92 | Change201% higherAfter inflation86% higher |
| Ground chuck per lb | 2007$2.702007, adjusted$4.36 | Today$6.77 | Change151% higherAfter inflation55% higher |
| Ground beef, lean per lb | 2007$3.072007, adjusted$4.96 | Today$8.57 | Change179% higherAfter inflation73% higher |
| Sirloin steak per lb | 2007$5.972007, adjusted$9.65 | Today$14.36 | Change140% higherAfter inflation49% higher |
| Round steak per lb | 2007$4.112007, adjusted$6.64 | Today$9.69 | Change136% higherAfter inflation46% higher |
| Round roast per lb | 2007$3.812007, adjusted$6.15 | Today$8.96 | Change135% higherAfter inflation46% higher |
| Chuck roast per lb | 2007$3.382007, adjusted$5.46 | Today$9.45 | Change180% higherAfter inflation73% higher |
| Beef stew meat per lb | 2007$3.512007, adjusted$5.67 | Today$8.59 | Change145% higherAfter inflation52% higher |
| Baconper lb | 2007$3.662007, adjusted$5.91 | Today$6.61 | Change81% higherAfter inflation12% higher |
| Pork chops, boneless per lb | 2007$3.602007, adjusted$5.82 | Today$4.53 | Change26% higherAfter inflation22% lower |
| Ham, bonelessper lb | 2007$3.132007, adjusted$5.05 | Today$5.38 | Change72% higherAfter inflation7% higher |
| Whole chickenper lb | 2007$1.122007, adjusted$1.80 | Today$2.01 | Change80% higherAfter inflation12% higher |
| Chicken legs per lb | 2007$1.312007, adjusted$2.12 | Today$1.67 | Change27% higherAfter inflation21% lower |
| Chicken breast, boneless per lb | 2007$3.432007, adjusted$5.54 | Today$4.17 | Change22% higherAfter inflation25% lower |
Dairy & eggs
| Item | 20072007 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Eggs, grade A largeper dozen | 2007$1.682007, adjusted$2.71 | Today$2.27 | Change36% higherAfter inflation16% lower |
| Whole milk per gallon | 2007$3.502007, adjusted$5.66 | Today$4.23 | Change21% higherAfter inflation25% lower |
| Cheddar cheese per lb | 2007$4.232007, adjusted$6.83 | Today$5.98 | Change41% higherAfter inflation12% lower |
| American cheese per lb | 2007$3.842007, adjusted$6.20 | Today$4.75 | Change24% higherAfter inflation23% lower |
| Ice cream per ½ gallon | 2007$3.952007, adjusted$6.39 | Today$5.85 | Change48% higherAfter inflation8% lower |
Fruits & vegetables
| Item | 20072007 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Bananasper lb | 2007$0.512007, adjusted$0.82 | Today$0.65 | Change28% higherAfter inflation21% lower |
| Navel orangesper lb | 2007$1.282007, adjusted$2.08 | Today$1.71 | Change33% higherAfter inflation18% lower |
| Grapefruit per lb | 2007$0.962007, adjusted$1.56 | Today$1.60 | Change66% higherAfter inflation3% higher |
| Lemons per lb | 2007$1.862007, adjusted$3.00 | Today$2.11 | Change14% higherAfter inflation30% lower |
| Strawberries per 12 oz | 2007$2.202007, adjusted$3.56 | Today$2.58 | Change17% higherAfter inflation28% lower |
| Tomatoesper lb | 2007$1.652007, adjusted$2.66 | Today$1.98 | Change20% higherAfter inflation26% lower |
| Potatoesper lb | 2007$0.522007, adjusted$0.85 | Today$0.98 | Change86% higherAfter inflation15% higher |
| Iceberg lettuceper lb | 2007$0.932007, adjusted$1.50 | Today$1.47 | Change58% higherAfter inflation2% lower |
| Romaine lettuce per lb | 2007$1.572007, adjusted$2.54 | Today$3.29 | Change109% higherAfter inflation29% higher |
| Dried beans per lb | 2007$0.942007, adjusted$1.52 | Today$1.63 | Change73% higherAfter inflation7% higher |
Pantry & bakery
| Item | 20072007 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| White breadper lb | 2007$1.212007, adjusted$1.95 | Today$1.82 | Change51% higherAfter inflation7% lower |
| Flour per lb | 2007$0.362007, adjusted$0.58 | Today$0.55 | Change52% higherAfter inflation6% lower |
| Riceper lb | 2007$0.552007, adjusted$0.89 | Today$1.11 | Change102% higherAfter inflation25% higher |
| Spaghetti & macaroniper lb | 2007$0.882007, adjusted$1.41 | Today$1.37 | Change57% higherAfter inflation3% lower |
| Sugar per lb | 2007$0.512007, adjusted$0.83 | Today$1.02 | Change99% higherAfter inflation23% higher |
| Chocolate chip cookiesper lb | 2007$2.702007, adjusted$4.37 | Today$5.21 | Change93% higherAfter inflation19% higher |
| Potato chipsper 16 oz | 2007$3.532007, adjusted$5.70 | Today$6.75 | Change91% higherAfter inflation18% higher |
Drinks
| Item | 20072007 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground coffeeper lb | 2007$3.472007, adjusted$5.60 | Today$9.30 | Change168% higherAfter inflation66% higher |
| Beerper 16 oz | 2007$1.122007, adjusted$1.81 | Today$1.88 | Change67% higherAfter inflation4% higher |
| Wineper liter | 2007$8.552007, adjusted$13.81 | Today$13.75 | Change61% higherAfter inflationno change |
Frequently asked questions
How much did a dozen eggs cost in 2007?
A dozen eggs cost an average of $1.68 in 2007. In August 2026, the average price was $2.27. After adjusting for inflation, that's 16% lower than in 2007.
How much did a gallon of gas cost in 2007?
A gallon of gas cost an average of $2.80 in 2007. In August 2026, the average price was $4.20. After adjusting for inflation, that's 7% lower than in 2007.
How much did a gallon of milk cost in 2007?
A gallon of milk cost an average of $3.50 in 2007. In August 2026, the average price was $4.23. After adjusting for inflation, that's 25% lower than in 2007.
How much did a pound of white bread cost in 2007?
A pound of white bread cost an average of $1.21 in 2007. In August 2026, the average price was $1.82. After adjusting for inflation, that's 7% lower than in 2007.
How much did a pound of ground beef cost in 2007?
A pound of ground beef cost an average of $2.30 in 2007. In August 2026, the average price was $6.92. After adjusting for inflation, that's 86% higher than in 2007.
How much did a pound of coffee cost in 2007?
A pound of coffee cost an average of $3.47 in 2007. In August 2026, the average price was $9.30. After adjusting for inflation, that's 66% higher than in 2007.
How much is $1 from 2007 worth today?
$1 in 2007 has about the same buying power as $1.62 today, according to the Bureau of Labor Statistics consumer price index.
What was the inflation rate in 2007?
The U.S. inflation rate in 2007 was 2.8%, measured as the change in the consumer price index from 2006 to 2007.
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 2007 prices are averages for the whole year, and today's prices are from August 2026.
To adjust 2007 prices for inflation, we use the same consumer price index as our 2007 inflation calculator. The raw price data is available on the BLS website.
Prices in other years
- 1980
- 1981
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- 2025
| Dozen eggs | $1.68 → $2.27 |
| Gallon of gas | $2.80 → $4.20 |
| Gallon of milk | $3.50 → $4.23 |
| Pound of bread | $1.21 → $1.82 |
| Pound of ground beef | $2.30 → $6.92 |
| Pound of coffee | $3.47 → $9.30 |
| All prices, on average | $100.00 → $161.56 |