Prices are now 14% higher than in 2022
In 2022, a dozen eggs cost $2.86, a gallon of gas cost $4.09 and a gallon of milk cost $4.09.
According to the Bureau of Labor Statistics, something that cost $100 in 2022 costs about $114.46 today. The inflation rate in 2022 was 8.0%, and total inflation from 2022 to August 2026 was 14%.
The effects of inflation can vary. Adjusted for inflation, the biggest increase since 2022 was for ground coffee (up 38%), and the biggest drop was for grade A large eggs (down 31%).
| Dozen eggs | $2.86 → $2.27 |
| Gallon of gas | $4.09 → $4.20 |
| Gallon of milk | $4.09 → $4.23 |
| Pound of bread | $1.70 → $1.82 |
| Pound of ground beef | $4.81 → $6.92 |
| Pound of coffee | $5.89 → $9.30 |
| All prices, on average | $100.00 → $114.46 |
Biggest price changes since 2022
The lists below break down price changes by item.
Each list shows average prices in 2022 compared to the price today. These are the actual prices people paid on average. For comparison, prices overall rose 14% between 2022 and August 2026.These prices are inflation-adjusted, meaning all values shown are adjusted for the baseline of 14% inflation between 2022 and August 2026.
More inflation
- Ground coffee58% higher38% higherWas $5.89 in 2022, now $9.30 per lbWas $6.74 in today's dollars, now $9.30 per lb
- Round roast44% higher26% higherWas $6.21 in 2022, now $8.96 per lbWas $7.10 in today's dollars, now $8.96 per lb
- Ground beef44% higher26% higherWas $4.81 in 2022, now $6.92 per lbWas $5.51 in today's dollars, now $6.92 per lb
- Ground chuck39% higher21% higherWas $4.87 in 2022, now $6.77 per lbWas $5.58 in today's dollars, now $6.77 per lb
- Chuck roast37% higher20% higherWas $6.89 in 2022, now $9.45 per lbWas $7.88 in today's dollars, now $9.45 per lb
Less inflation
- Eggs, grade A large20% lower31% lowerWas $2.86 in 2022, now $2.27 per dozenWas $3.27 in today's dollars, now $2.27 per dozen
- Chicken legs12% lower23% lowerWas $1.90 in 2022, now $1.67 per lbWas $2.17 in today's dollars, now $1.67 per lb
- Strawberries10% lower22% lowerWas $2.88 in 2022, now $2.58 per 12 ozWas $3.29 in today's dollars, now $2.58 per 12 oz
- Bacon10% lower21% lowerWas $7.31 in 2022, now $6.61 per lbWas $8.36 in today's dollars, now $6.61 per lb
- Butter8% lower20% lowerWas $4.38 in 2022, now $4.02 per lbWas $5.02 in today's dollars, now $4.02 per lb
Food and energy prices in 2022
These are the average prices Americans paid in 2022, next to what the same items cost in August 2026.These 2022 prices are converted to today's dollars. This means that the changes are relative to inflation.
Gas & energy
| Item | 20222022 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Gasoline, regularper gallon | 2022$4.092022, adjusted$4.69 | Today$4.20 | Change3% higherAfter inflation10% lower |
| Gasoline, midgradeper gallon | 2022$4.432022, adjusted$5.07 | Today$4.69 | Change6% higherAfter inflation8% lower |
| Gasoline, premiumper gallon | 2022$4.862022, adjusted$5.57 | Today$5.13 | Change6% higherAfter inflation8% lower |
| Diesel fuel per gallon | 2022$5.012022, adjusted$5.74 | Today$5.55 | Change11% higherAfter inflation3% lower |
| Electricityper kWh | 2022$0.162022, adjusted$0.18 | Today$0.20 | Change24% higherAfter inflation8% higher |
| Natural gas (piped)per therm | 2022$1.582022, adjusted$1.81 | Today$1.71 | Change9% higherAfter inflation5% lower |
| Heating oilper gallon | 2022$5.012022, adjusted$5.74 | Today$5.15 | Change3% higherAfter inflation10% lower |
Meat & poultry
| Item | 20222022 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground beef per lb | 2022$4.812022, adjusted$5.51 | Today$6.92 | Change44% higherAfter inflation26% higher |
| Ground chuck per lb | 2022$4.872022, adjusted$5.58 | Today$6.77 | Change39% higherAfter inflation21% higher |
| Ground beef, lean per lb | 2022$6.502022, adjusted$7.44 | Today$8.57 | Change32% higherAfter inflation15% higher |
| Sirloin steak per lb | 2022$10.522022, adjusted$12.04 | Today$14.36 | Change36% higherAfter inflation19% higher |
| Round steak per lb | 2022$7.262022, adjusted$8.31 | Today$9.69 | Change33% higherAfter inflation17% higher |
| Round roast per lb | 2022$6.212022, adjusted$7.10 | Today$8.96 | Change44% higherAfter inflation26% higher |
| Chuck roast per lb | 2022$6.892022, adjusted$7.88 | Today$9.45 | Change37% higherAfter inflation20% higher |
| Beef stew meat per lb | 2022$6.952022, adjusted$7.95 | Today$8.59 | Change24% higherAfter inflation8% higher |
| Baconper lb | 2022$7.312022, adjusted$8.36 | Today$6.61 | Change10% lowerAfter inflation21% lower |
| Pork chops, boneless per lb | 2022$4.492022, adjusted$5.14 | Today$4.53 | Change1% higherAfter inflation12% lower |
| Ham, bonelessper lb | 2022$5.292022, adjusted$6.06 | Today$5.38 | Change2% higherAfter inflation11% lower |
| Whole chickenper lb | 2022$1.802022, adjusted$2.06 | Today$2.01 | Change12% higherAfter inflation2% lower |
| Chicken legs per lb | 2022$1.902022, adjusted$2.17 | Today$1.67 | Change12% lowerAfter inflation23% lower |
| Chicken breast, boneless per lb | 2022$4.322022, adjusted$4.95 | Today$4.17 | Change3% lowerAfter inflation16% lower |
Dairy & eggs
| Item | 20222022 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Eggs, grade A largeper dozen | 2022$2.862022, adjusted$3.27 | Today$2.27 | Change20% lowerAfter inflation31% lower |
| Whole milk per gallon | 2022$4.092022, adjusted$4.68 | Today$4.23 | Change3% higherAfter inflation10% lower |
| Low-fat milk per gallon | 2022$3.752022, adjusted$4.29 | Today$3.72 | Change1% lowerAfter inflation13% lower |
| Butterper lb | 2022$4.382022, adjusted$5.02 | Today$4.02 | Change8% lowerAfter inflation20% lower |
| Cheddar cheese per lb | 2022$5.762022, adjusted$6.60 | Today$5.98 | Change4% higherAfter inflation9% lower |
| American cheese per lb | 2022$4.402022, adjusted$5.04 | Today$4.75 | Change8% higherAfter inflation6% lower |
| Ice cream per ½ gallon | 2022$5.432022, adjusted$6.21 | Today$5.85 | Change8% higherAfter inflation6% lower |
| Yogurt per 8 oz | 2022$1.392022, adjusted$1.59 | Today$1.58 | Change14% higherAfter inflation1% lower |
Fruits & vegetables
| Item | 20222022 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Bananasper lb | 2022$0.642022, adjusted$0.73 | Today$0.65 | Change2% higherAfter inflation11% lower |
| Navel orangesper lb | 2022$1.572022, adjusted$1.80 | Today$1.71 | Change9% higherAfter inflation5% lower |
| Lemons per lb | 2022$2.132022, adjusted$2.44 | Today$2.11 | Change1% lowerAfter inflation13% lower |
| Strawberries per 12 oz | 2022$2.882022, adjusted$3.29 | Today$2.58 | Change10% lowerAfter inflation22% lower |
| Tomatoesper lb | 2022$1.912022, adjusted$2.19 | Today$1.98 | Change3% higherAfter inflation10% lower |
| Potatoesper lb | 2022$0.912022, adjusted$1.04 | Today$0.98 | Change8% higherAfter inflation6% lower |
| Romaine lettuce per lb | 2022$3.142022, adjusted$3.59 | Today$3.29 | Change5% higherAfter inflation8% lower |
| Dried beans per lb | 2022$1.642022, adjusted$1.87 | Today$1.63 | Changeno changeAfter inflation13% lower |
Pantry & bakery
| Item | 20222022 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| White breadper lb | 2022$1.702022, adjusted$1.95 | Today$1.82 | Change7% higherAfter inflation6% lower |
| Flour per lb | 2022$0.492022, adjusted$0.57 | Today$0.55 | Change11% higherAfter inflation3% lower |
| Riceper lb | 2022$0.912022, adjusted$1.05 | Today$1.11 | Change22% higherAfter inflation6% higher |
| Spaghetti & macaroniper lb | 2022$1.302022, adjusted$1.48 | Today$1.37 | Change6% higherAfter inflation7% lower |
| Sugar per lb | 2022$0.782022, adjusted$0.90 | Today$1.02 | Change31% higherAfter inflation14% higher |
| Chocolate chip cookiesper lb | 2022$4.562022, adjusted$5.22 | Today$5.21 | Change14% higherAfter inflationno change |
| Potato chipsper 16 oz | 2022$5.832022, adjusted$6.67 | Today$6.75 | Change16% higherAfter inflation1% higher |
Drinks
| Item | 20222022 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground coffeeper lb | 2022$5.892022, adjusted$6.74 | Today$9.30 | Change58% higherAfter inflation38% higher |
| Soda per 2 liters | 2022$1.982022, adjusted$2.26 | Today$2.23 | Change13% higherAfter inflation2% lower |
| Beerper 16 oz | 2022$1.662022, adjusted$1.90 | Today$1.88 | Change13% higherAfter inflation1% lower |
| Wineper liter | 2022$13.482022, adjusted$15.43 | Today$13.75 | Change2% higherAfter inflation11% lower |
Frequently asked questions
How much did a dozen eggs cost in 2022?
A dozen eggs cost an average of $2.86 in 2022. In August 2026, the average price was $2.27. After adjusting for inflation, that's 31% lower than in 2022.
How much did a gallon of gas cost in 2022?
A gallon of gas cost an average of $4.09 in 2022. In August 2026, the average price was $4.20. After adjusting for inflation, that's 10% lower than in 2022.
How much did a gallon of milk cost in 2022?
A gallon of milk cost an average of $4.09 in 2022. In August 2026, the average price was $4.23. After adjusting for inflation, that's 10% lower than in 2022.
How much did a pound of white bread cost in 2022?
A pound of white bread cost an average of $1.70 in 2022. In August 2026, the average price was $1.82. After adjusting for inflation, that's 6% lower than in 2022.
How much did a pound of ground beef cost in 2022?
A pound of ground beef cost an average of $4.81 in 2022. In August 2026, the average price was $6.92. After adjusting for inflation, that's 26% higher than in 2022.
How much did a pound of coffee cost in 2022?
A pound of coffee cost an average of $5.89 in 2022. In August 2026, the average price was $9.30. After adjusting for inflation, that's 38% higher than in 2022.
How much is $1 from 2022 worth today?
$1 in 2022 has about the same buying power as $1.14 today, according to the Bureau of Labor Statistics consumer price index.
What was the inflation rate in 2022?
The U.S. inflation rate in 2022 was 8.0%, measured as the change in the consumer price index from 2021 to 2022.
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 2022 prices are averages for the whole year, and today's prices are from August 2026.
To adjust 2022 prices for inflation, we use the same consumer price index as our 2022 inflation calculator. The raw price data is available on the BLS website.
Prices in other years
- 1980
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- 2020
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- 2022
- 2023
- 2024
- 2025
| Dozen eggs | $2.86 → $2.27 |
| Gallon of gas | $4.09 → $4.20 |
| Gallon of milk | $4.09 → $4.23 |
| Pound of bread | $1.70 → $1.82 |
| Pound of ground beef | $4.81 → $6.92 |
| Pound of coffee | $5.89 → $9.30 |
| All prices, on average | $100.00 → $114.46 |