Prices are now 10% higher than in 2023
In 2023, a dozen eggs cost $2.80, a gallon of gas cost $3.66 and a gallon of milk cost $4.03.
According to the Bureau of Labor Statistics, something that cost $100 in 2023 costs about $109.94 today. The inflation rate in 2023 was 4.1%, and total inflation from 2023 to August 2026 was 10%.
The effects of inflation can vary. Adjusted for inflation, the biggest increase since 2023 was for ground coffee (up 37%), and the biggest drop was for grade A large eggs (down 26%).
| Dozen eggs | $2.80 → $2.27 |
| Gallon of gas | $3.66 → $4.20 |
| Gallon of milk | $4.03 → $4.23 |
| Pound of bread | $1.96 → $1.82 |
| Pound of ground beef | $5.02 → $6.92 |
| Pound of coffee | $6.16 → $9.30 |
| All prices, on average | $100.00 → $109.94 |
Biggest price changes since 2023
The lists below break down price changes by item.
Each list shows average prices in 2023 compared to the price today. These are the actual prices people paid on average. For comparison, prices overall rose 10% between 2023 and August 2026.These prices are inflation-adjusted, meaning all values shown are adjusted for the baseline of 10% inflation between 2023 and August 2026.
More inflation
- Ground coffee51% higher37% higherWas $6.16 in 2023, now $9.30 per lbWas $6.77 in today's dollars, now $9.30 per lb
- Ground beef38% higher25% higherWas $5.02 in 2023, now $6.92 per lbWas $5.52 in today's dollars, now $6.92 per lb
- Round roast38% higher25% higherWas $6.50 in 2023, now $8.96 per lbWas $7.15 in today's dollars, now $8.96 per lb
- Ground chuck35% higher23% higherWas $5.03 in 2023, now $6.77 per lbWas $5.53 in today's dollars, now $6.77 per lb
- Heating oil34% higher22% higherWas $3.84 in 2023, now $5.15 per gallonWas $4.22 in today's dollars, now $5.15 per gallon
Less inflation
- Eggs, grade A large19% lower26% lowerWas $2.80 in 2023, now $2.27 per dozenWas $3.07 in today's dollars, now $2.27 per dozen
- Chicken legs13% lower21% lowerWas $1.92 in 2023, now $1.67 per lbWas $2.11 in today's dollars, now $1.67 per lb
- Butter12% lower20% lowerWas $4.56 in 2023, now $4.02 per lbWas $5.01 in today's dollars, now $4.02 per lb
- Strawberries9% lower18% lowerWas $2.85 in 2023, now $2.58 per 12 ozWas $3.13 in today's dollars, now $2.58 per 12 oz
- Iceberg lettuce9% lower17% lowerWas $1.62 in 2023, now $1.47 per lbWas $1.78 in today's dollars, now $1.47 per lb
Food and energy prices in 2023
These are the average prices Americans paid in 2023, next to what the same items cost in August 2026.These 2023 prices are converted to today's dollars. This means that the changes are relative to inflation.
Gas & energy
| Item | 20232023 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Gasoline, regularper gallon | 2023$3.662023, adjusted$4.02 | Today$4.20 | Change15% higherAfter inflation4% higher |
| Gasoline, midgradeper gallon | 2023$4.072023, adjusted$4.48 | Today$4.69 | Change15% higherAfter inflation5% higher |
| Gasoline, premiumper gallon | 2023$4.472023, adjusted$4.91 | Today$5.13 | Change15% higherAfter inflation5% higher |
| Diesel fuel per gallon | 2023$4.322023, adjusted$4.75 | Today$5.55 | Change28% higherAfter inflation17% higher |
| Electricityper kWh | 2023$0.172023, adjusted$0.18 | Today$0.20 | Change17% higherAfter inflation6% higher |
| Natural gas (piped)per therm | 2023$1.462023, adjusted$1.61 | Today$1.71 | Change17% higherAfter inflation7% higher |
| Heating oilper gallon | 2023$3.842023, adjusted$4.22 | Today$5.15 | Change34% higherAfter inflation22% higher |
Meat & poultry
| Item | 20232023 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground beef per lb | 2023$5.022023, adjusted$5.52 | Today$6.92 | Change38% higherAfter inflation25% higher |
| Ground chuck per lb | 2023$5.032023, adjusted$5.53 | Today$6.77 | Change35% higherAfter inflation23% higher |
| Ground beef, lean per lb | 2023$6.682023, adjusted$7.35 | Today$8.57 | Change28% higherAfter inflation17% higher |
| Sirloin steak per lb | 2023$11.072023, adjusted$12.17 | Today$14.36 | Change30% higherAfter inflation18% higher |
| Round steak per lb | 2023$7.572023, adjusted$8.33 | Today$9.69 | Change28% higherAfter inflation16% higher |
| Round roast per lb | 2023$6.502023, adjusted$7.15 | Today$8.96 | Change38% higherAfter inflation25% higher |
| Chuck roast per lb | 2023$7.112023, adjusted$7.81 | Today$9.45 | Change33% higherAfter inflation21% higher |
| Beef stew meat per lb | 2023$7.002023, adjusted$7.70 | Today$8.59 | Change23% higherAfter inflation12% higher |
| Baconper lb | 2023$6.652023, adjusted$7.31 | Today$6.61 | Change1% lowerAfter inflation10% lower |
| Pork chops, boneless per lb | 2023$4.512023, adjusted$4.96 | Today$4.53 | Changeno changeAfter inflation9% lower |
| Ham, bonelessper lb | 2023$5.712023, adjusted$6.28 | Today$5.38 | Change6% lowerAfter inflation14% lower |
| Whole chickenper lb | 2023$1.912023, adjusted$2.10 | Today$2.01 | Change5% higherAfter inflation4% lower |
| Chicken legs per lb | 2023$1.922023, adjusted$2.11 | Today$1.67 | Change13% lowerAfter inflation21% lower |
| Chicken breast, boneless per lb | 2023$4.232023, adjusted$4.65 | Today$4.17 | Change1% lowerAfter inflation10% lower |
Dairy & eggs
| Item | 20232023 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Eggs, grade A largeper dozen | 2023$2.802023, adjusted$3.07 | Today$2.27 | Change19% lowerAfter inflation26% lower |
| Whole milk per gallon | 2023$4.032023, adjusted$4.43 | Today$4.23 | Change5% higherAfter inflation4% lower |
| Low-fat milk per gallon | 2023$3.702023, adjusted$4.07 | Today$3.72 | Changeno changeAfter inflation9% lower |
| Butterper lb | 2023$4.562023, adjusted$5.01 | Today$4.02 | Change12% lowerAfter inflation20% lower |
| Cheddar cheese per lb | 2023$5.822023, adjusted$6.40 | Today$5.98 | Change3% higherAfter inflation7% lower |
| American cheese per lb | 2023$4.762023, adjusted$5.23 | Today$4.75 | Changeno changeAfter inflation9% lower |
| Ice cream per ½ gallon | 2023$5.902023, adjusted$6.49 | Today$5.85 | Change1% lowerAfter inflation10% lower |
| Yogurt per 8 oz | 2023$1.552023, adjusted$1.71 | Today$1.58 | Change2% higherAfter inflation7% lower |
Fruits & vegetables
| Item | 20232023 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Bananasper lb | 2023$0.632023, adjusted$0.69 | Today$0.65 | Change3% higherAfter inflation6% lower |
| Navel orangesper lb | 2023$1.582023, adjusted$1.74 | Today$1.71 | Change8% higherAfter inflation2% lower |
| Grapefruit per lb | 2023$1.702023, adjusted$1.86 | Today$1.60 | Change5% lowerAfter inflation14% lower |
| Lemons per lb | 2023$2.142023, adjusted$2.35 | Today$2.11 | Change1% lowerAfter inflation10% lower |
| Strawberries per 12 oz | 2023$2.852023, adjusted$3.13 | Today$2.58 | Change9% lowerAfter inflation18% lower |
| Tomatoesper lb | 2023$1.922023, adjusted$2.11 | Today$1.98 | Change3% higherAfter inflation6% lower |
| Potatoesper lb | 2023$1.002023, adjusted$1.10 | Today$0.98 | Change3% lowerAfter inflation12% lower |
| Iceberg lettuceper lb | 2023$1.622023, adjusted$1.78 | Today$1.47 | Change9% lowerAfter inflation17% lower |
| Romaine lettuce per lb | 2023$2.772023, adjusted$3.04 | Today$3.29 | Change19% higherAfter inflation8% higher |
| Canned corn per lb | 2023$1.302023, adjusted$1.43 | Today$1.27 | Change2% lowerAfter inflation11% lower |
| Dried beans per lb | 2023$1.672023, adjusted$1.84 | Today$1.63 | Change3% lowerAfter inflation11% lower |
Pantry & bakery
| Item | 20232023 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| White breadper lb | 2023$1.962023, adjusted$2.15 | Today$1.82 | Change7% lowerAfter inflation15% lower |
| Flour per lb | 2023$0.552023, adjusted$0.61 | Today$0.55 | Changeno changeAfter inflation9% lower |
| Riceper lb | 2023$0.982023, adjusted$1.08 | Today$1.11 | Change13% higherAfter inflation3% higher |
| Spaghetti & macaroniper lb | 2023$1.432023, adjusted$1.57 | Today$1.37 | Change4% lowerAfter inflation13% lower |
| Sugar per lb | 2023$0.922023, adjusted$1.01 | Today$1.02 | Change11% higherAfter inflation1% higher |
| Chocolate chip cookiesper lb | 2023$5.122023, adjusted$5.63 | Today$5.21 | Change2% higherAfter inflation7% lower |
| Potato chipsper 16 oz | 2023$6.452023, adjusted$7.09 | Today$6.75 | Change5% higherAfter inflation5% lower |
Drinks
| Item | 20232023 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground coffeeper lb | 2023$6.162023, adjusted$6.77 | Today$9.30 | Change51% higherAfter inflation37% higher |
| Soda per 2 liters | 2023$2.302023, adjusted$2.53 | Today$2.23 | Change3% lowerAfter inflation12% lower |
| Beerper 16 oz | 2023$1.742023, adjusted$1.92 | Today$1.88 | Change8% higherAfter inflation2% lower |
| Wineper liter | 2023$13.402023, adjusted$14.73 | Today$13.75 | Change3% higherAfter inflation7% lower |
Frequently asked questions
How much did a dozen eggs cost in 2023?
A dozen eggs cost an average of $2.80 in 2023. In August 2026, the average price was $2.27. After adjusting for inflation, that's 26% lower than in 2023.
How much did a gallon of gas cost in 2023?
A gallon of gas cost an average of $3.66 in 2023. In August 2026, the average price was $4.20. After adjusting for inflation, that's 4% higher than in 2023.
How much did a gallon of milk cost in 2023?
A gallon of milk cost an average of $4.03 in 2023. In August 2026, the average price was $4.23. After adjusting for inflation, that's 4% lower than in 2023.
How much did a pound of white bread cost in 2023?
A pound of white bread cost an average of $1.96 in 2023. In August 2026, the average price was $1.82. After adjusting for inflation, that's 15% lower than in 2023.
How much did a pound of ground beef cost in 2023?
A pound of ground beef cost an average of $5.02 in 2023. In August 2026, the average price was $6.92. After adjusting for inflation, that's 25% higher than in 2023.
How much did a pound of coffee cost in 2023?
A pound of coffee cost an average of $6.16 in 2023. In August 2026, the average price was $9.30. After adjusting for inflation, that's 37% higher than in 2023.
How much is $1 from 2023 worth today?
$1 in 2023 has about the same buying power as $1.10 today, according to the Bureau of Labor Statistics consumer price index.
What was the inflation rate in 2023?
The U.S. inflation rate in 2023 was 4.1%, measured as the change in the consumer price index from 2022 to 2023.
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 2023 prices are averages for the whole year, and today's prices are from August 2026.
To adjust 2023 prices for inflation, we use the same consumer price index as our 2023 inflation calculator. The raw price data is available on the BLS website.
Prices in other years
- 1980
- 1981
- 1982
- 1983
- 1984
- 1985
- 1986
- 1987
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- 1989
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- 2011
- 2012
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- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
- 2023
- 2024
- 2025
| Dozen eggs | $2.80 → $2.27 |
| Gallon of gas | $3.66 → $4.20 |
| Gallon of milk | $4.03 → $4.23 |
| Pound of bread | $1.96 → $1.82 |
| Pound of ground beef | $5.02 → $6.92 |
| Pound of coffee | $6.16 → $9.30 |
| All prices, on average | $100.00 → $109.94 |