Prices in 2012 vs. today

Prices are now 46% higher than in 2012

In 2012, a dozen eggs cost $1.84, a gallon of gas cost $3.64 and a gallon of milk cost $3.49.

According to the Bureau of Labor Statistics, something that cost $100 in 2012 costs about $145.90 today. The inflation rate in 2012 was 2.1%, and total inflation from 2012 to August 2026 was 46%.

The effects of inflation can vary. Adjusted for inflation, the biggest increase since 2012 was for ground beef (up 57%), and the biggest drop was for spaghetti & macaroni (down 29%).

What things cost in 2012
Dozen eggs$1.84 → $2.27
Gallon of gas$3.64 → $4.20
Gallon of milk$3.49 → $4.23
Pound of bread$1.42 → $1.82
Pound of ground beef$3.03 → $6.92
Pound of coffee$5.68 → $9.30
All prices, on average$100.00 → $145.90

Biggest price changes since 2012

The lists below break down price changes by item.

Each list shows average prices in 2012 compared to the price today. These are the actual prices people paid on average. For comparison, prices overall rose 46% between 2012 and August 2026.These prices are inflation-adjusted, meaning all values shown are adjusted for the baseline of 46% inflation between 2012 and August 2026.

More inflation

  • Ground beef129% higher57% higher
    Was $3.03 in 2012, now $6.92 per lbWas $4.42 in today's dollars, now $6.92 per lb
  • Romaine lettuce116% higher48% higher
    Was $1.52 in 2012, now $3.29 per lbWas $2.22 in today's dollars, now $3.29 per lb
  • Sirloin steak116% higher48% higher
    Was $6.65 in 2012, now $14.36 per lbWas $9.70 in today's dollars, now $14.36 per lb
  • Chuck roast115% higher47% higher
    Was $4.39 in 2012, now $9.45 per lbWas $6.41 in today's dollars, now $9.45 per lb
  • Ground beef, lean111% higher45% higher
    Was $4.06 in 2012, now $8.57 per lbWas $5.93 in today's dollars, now $8.57 per lb

Less inflation

  • Spaghetti & macaroni4% higher29% lower
    Was $1.32 in 2012, now $1.37 per lbWas $1.93 in today's dollars, now $1.37 per lb
  • Chicken legs6% higher27% lower
    Was $1.58 in 2012, now $1.67 per lbWas $2.30 in today's dollars, now $1.67 per lb
  • Flour6% higher27% lower
    Was $0.52 in 2012, now $0.55 per lbWas $0.75 in today's dollars, now $0.55 per lb
  • Cheddar cheese6% higher27% lower
    Was $5.63 in 2012, now $5.98 per lbWas $8.21 in today's dollars, now $5.98 per lb
  • Bananas8% higher26% lower
    Was $0.60 in 2012, now $0.65 per lbWas $0.88 in today's dollars, now $0.65 per lb

Food and energy prices in 2012

These are the average prices Americans paid in 2012, next to what the same items cost in August 2026.These 2012 prices are converted to today's dollars. This means that the changes are relative to inflation.

Gas & energy

Item20122012 (adjusted)TodayChangeChange after inflation
Gasoline, regularper gallon2012$3.642012, adjusted$5.32Today$4.20Change15% higherAfter inflation21% lower
Gasoline, midgradeper gallon2012$3.772012, adjusted$5.50Today$4.69Change24% higherAfter inflation15% lower
Gasoline, premiumper gallon2012$3.922012, adjusted$5.72Today$5.13Change31% higherAfter inflation10% lower
Diesel fuel per gallon2012$4.002012, adjusted$5.83Today$5.55Change39% higherAfter inflation5% lower
Electricityper kWh2012$0.132012, adjusted$0.19Today$0.20Change51% higherAfter inflation4% higher
Natural gas (piped)per therm2012$0.972012, adjusted$1.41Today$1.71Change78% higherAfter inflation22% higher
Heating oilper gallon2012$3.752012, adjusted$5.48Today$5.15Change37% higherAfter inflation6% lower

Meat & poultry

Item20122012 (adjusted)TodayChangeChange after inflation
Ground beef per lb2012$3.032012, adjusted$4.42Today$6.92Change129% higherAfter inflation57% higher
Ground chuck per lb2012$3.412012, adjusted$4.98Today$6.77Change99% higherAfter inflation36% higher
Ground beef, lean per lb2012$4.062012, adjusted$5.93Today$8.57Change111% higherAfter inflation45% higher
Sirloin steak per lb2012$6.652012, adjusted$9.70Today$14.36Change116% higherAfter inflation48% higher
Round steak per lb2012$4.792012, adjusted$6.99Today$9.69Change102% higherAfter inflation39% higher
Round roast per lb2012$4.742012, adjusted$6.91Today$8.96Change89% higherAfter inflation30% higher
Chuck roast per lb2012$4.392012, adjusted$6.41Today$9.45Change115% higherAfter inflation47% higher
Beef stew meat per lb2012$4.502012, adjusted$6.57Today$8.59Change91% higherAfter inflation31% higher
Baconper lb2012$4.562012, adjusted$6.65Today$6.61Change45% higherAfter inflation1% lower
Pork chops, boneless per lb2012$3.962012, adjusted$5.78Today$4.53Change14% higherAfter inflation22% lower
Ham, bonelessper lb2012$3.732012, adjusted$5.44Today$5.38Change44% higherAfter inflation1% lower
Whole chickenper lb2012$1.422012, adjusted$2.07Today$2.01Change41% higherAfter inflation3% lower
Chicken legs per lb2012$1.582012, adjusted$2.30Today$1.67Change6% higherAfter inflation27% lower
Chicken breast, boneless per lb2012$3.242012, adjusted$4.73Today$4.17Change29% higherAfter inflation12% lower

Dairy & eggs

Item20122012 (adjusted)TodayChangeChange after inflation
Eggs, grade A largeper dozen2012$1.842012, adjusted$2.68Today$2.27Change24% higherAfter inflation15% lower
Whole milk per gallon2012$3.492012, adjusted$5.10Today$4.23Change21% higherAfter inflation17% lower
Cheddar cheese per lb2012$5.632012, adjusted$8.21Today$5.98Change6% higherAfter inflation27% lower
American cheese per lb2012$4.192012, adjusted$6.11Today$4.75Change13% higherAfter inflation22% lower
Ice cream per ½ gallon2012$5.042012, adjusted$7.36Today$5.85Change16% higherAfter inflation20% lower

Fruits & vegetables

Item20122012 (adjusted)TodayChangeChange after inflation
Bananasper lb2012$0.602012, adjusted$0.88Today$0.65Change8% higherAfter inflation26% lower
Navel orangesper lb2012$1.052012, adjusted$1.54Today$1.71Change62% higherAfter inflation11% higher
Grapefruit per lb2012$1.082012, adjusted$1.57Today$1.60Change49% higherAfter inflation2% higher
Lemons per lb2012$1.562012, adjusted$2.28Today$2.11Change35% higherAfter inflation7% lower
Strawberries per 12 oz2012$1.992012, adjusted$2.91Today$2.58Change29% higherAfter inflation11% lower
Tomatoesper lb2012$1.462012, adjusted$2.13Today$1.98Change36% higherAfter inflation7% lower
Potatoesper lb2012$0.662012, adjusted$0.96Today$0.98Change48% higherAfter inflation1% higher
Iceberg lettuceper lb2012$0.862012, adjusted$1.25Today$1.47Change72% higherAfter inflation18% higher
Romaine lettuce per lb2012$1.522012, adjusted$2.22Today$3.29Change116% higherAfter inflation48% higher
Canned corn per lb2012$1.052012, adjusted$1.53Today$1.27Change22% higherAfter inflation17% lower
Dried beans per lb2012$1.442012, adjusted$2.10Today$1.63Change13% higherAfter inflation22% lower

Pantry & bakery

Item20122012 (adjusted)TodayChangeChange after inflation
White breadper lb2012$1.422012, adjusted$2.07Today$1.82Change29% higherAfter inflation12% lower
Flour per lb2012$0.522012, adjusted$0.75Today$0.55Change6% higherAfter inflation27% lower
Riceper lb2012$0.702012, adjusted$1.02Today$1.11Change59% higherAfter inflation9% higher
Spaghetti & macaroniper lb2012$1.322012, adjusted$1.93Today$1.37Change4% higherAfter inflation29% lower
Sugar per lb2012$0.692012, adjusted$1.01Today$1.02Change48% higherAfter inflation1% higher
Chocolate chip cookiesper lb2012$3.622012, adjusted$5.29Today$5.21Change44% higherAfter inflation1% lower
Potato chipsper 16 oz2012$4.992012, adjusted$7.27Today$6.75Change35% higherAfter inflation7% lower

Drinks

Item20122012 (adjusted)TodayChangeChange after inflation
Ground coffeeper lb2012$5.682012, adjusted$8.28Today$9.30Change64% higherAfter inflation12% higher
Beerper 16 oz2012$1.252012, adjusted$1.83Today$1.88Change50% higherAfter inflation3% higher
Wineper liter2012$10.282012, adjusted$14.99Today$13.75Change34% higherAfter inflation8% lower

Frequently asked questions

How much did a dozen eggs cost in 2012?

A dozen eggs cost an average of $1.84 in 2012. In August 2026, the average price was $2.27. After adjusting for inflation, that's 15% lower than in 2012.

How much did a gallon of gas cost in 2012?

A gallon of gas cost an average of $3.64 in 2012. In August 2026, the average price was $4.20. After adjusting for inflation, that's 21% lower than in 2012.

How much did a gallon of milk cost in 2012?

A gallon of milk cost an average of $3.49 in 2012. In August 2026, the average price was $4.23. After adjusting for inflation, that's 17% lower than in 2012.

How much did a pound of white bread cost in 2012?

A pound of white bread cost an average of $1.42 in 2012. In August 2026, the average price was $1.82. After adjusting for inflation, that's 12% lower than in 2012.

How much did a pound of ground beef cost in 2012?

A pound of ground beef cost an average of $3.03 in 2012. In August 2026, the average price was $6.92. After adjusting for inflation, that's 57% higher than in 2012.

How much did a pound of coffee cost in 2012?

A pound of coffee cost an average of $5.68 in 2012. In August 2026, the average price was $9.30. After adjusting for inflation, that's 12% higher than in 2012.

How much is $1 from 2012 worth today?

$1 in 2012 has about the same buying power as $1.46 today, according to the Bureau of Labor Statistics consumer price index.

What was the inflation rate in 2012?

The U.S. inflation rate in 2012 was 2.1%, measured as the change in the consumer price index from 2011 to 2012.


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 2012 prices are averages for the whole year, and today's prices are from August 2026.

To adjust 2012 prices for inflation, we use the same consumer price index as our 2012 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.

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What things cost in 2012
Dozen eggs$1.84 → $2.27
Gallon of gas$3.64 → $4.20
Gallon of milk$3.49 → $4.23
Pound of bread$1.42 → $1.82
Pound of ground beef$3.03 → $6.92
Pound of coffee$5.68 → $9.30
All prices, on average$100.00 → $145.90