Prices are now 8% higher than in 2024
In 2024, a dozen eggs cost $3.17, a gallon of gas cost $3.45 and a gallon of milk cost $3.98.
According to the Bureau of Labor Statistics, something that cost $100 in 2024 costs about $107.65 today. The inflation rate in 2024 was 2.9%, and total inflation from 2024 to October 2026 was 8%.
The effects of inflation can vary. Adjusted for inflation, the biggest increase since 2024 was for diesel fuel (up 58%), and the biggest drop was for grade A large eggs (down 32%).
| Dozen eggs | $3.17 → $2.32 |
| Gallon of gas | $3.45 → $4.45 |
| Gallon of milk | $3.98 → $4.10 |
| Pound of bread | $1.97 → $1.86 |
| Pound of ground beef | $5.39 → $6.76 |
| Pound of coffee | $6.32 → $9.25 |
| All prices, on average | $100.00 → $107.65 |
Biggest price changes since 2024
The lists below break down price changes by item.
Each list shows average prices in 2024 compared to the price today. These are the actual prices people paid on average. For comparison, prices overall rose 8% between 2024 and October 2026.These prices are inflation-adjusted, meaning all values shown are adjusted for the baseline of 8% inflation between 2024 and October 2026.
More inflation
- Diesel fuel70% higher58% higherWas $3.83 in 2024, now $6.50 per gallonWas $4.12 in today's dollars, now $6.50 per gallon
- Heating oil69% higher57% higherWas $3.61 in 2024, now $6.11 per gallonWas $3.88 in today's dollars, now $6.11 per gallon
- Ground coffee46% higher36% higherWas $6.32 in 2024, now $9.25 per lbWas $6.81 in today's dollars, now $9.25 per lb
- Gasoline, regular29% higher20% higherWas $3.45 in 2024, now $4.45 per gallonWas $3.71 in today's dollars, now $4.45 per gallon
- Gasoline, midgrade28% higher19% higherWas $3.87 in 2024, now $4.95 per gallonWas $4.17 in today's dollars, now $4.95 per gallon
Less inflation
- Eggs, grade A large27% lower32% lowerWas $3.17 in 2024, now $2.32 per dozenWas $3.41 in today's dollars, now $2.32 per dozen
- Butter16% lower22% lowerWas $4.74 in 2024, now $3.98 per lbWas $5.10 in today's dollars, now $3.98 per lb
- Ham, boneless6% lower13% lowerWas $5.61 in 2024, now $5.26 per lbWas $6.04 in today's dollars, now $5.26 per lb
- White bread6% lower12% lowerWas $1.97 in 2024, now $1.86 per lbWas $2.12 in today's dollars, now $1.86 per lb
- Flour5% lower12% lowerWas $0.57 in 2024, now $0.54 per lbWas $0.61 in today's dollars, now $0.54 per lb
Food and energy prices in 2024
These are the average prices Americans paid in 2024, next to what the same items cost in October 2026.These 2024 prices are converted to today's dollars. This means that the changes are relative to inflation.
Gas & energy
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Gasoline, regularper gallon | 2024$3.452024, adjusted$3.71 | Today$4.45 | Change29% higherAfter inflation20% higher |
| Gasoline, midgradeper gallon | 2024$3.872024, adjusted$4.17 | Today$4.95 | Change28% higherAfter inflation19% higher |
| Gasoline, premiumper gallon | 2024$4.272024, adjusted$4.60 | Today$5.43 | Change27% higherAfter inflation18% higher |
| Diesel fuel per gallon | 2024$3.832024, adjusted$4.12 | Today$6.50 | Change70% higherAfter inflation58% higher |
| Electricityper kWh | 2024$0.182024, adjusted$0.19 | Today$0.19 | Change8% higherAfter inflationno change |
| Natural gas (piped)per therm | 2024$1.432024, adjusted$1.54 | Today$1.69 | Change18% higherAfter inflation10% higher |
| Heating oilper gallon | 2024$3.612024, adjusted$3.88 | Today$6.11 | Change69% higherAfter inflation57% higher |
Meat & poultry
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground beef per lb | 2024$5.392024, adjusted$5.81 | Today$6.76 | Change25% higherAfter inflation16% higher |
| Ground chuck per lb | 2024$5.432024, adjusted$5.84 | Today$6.73 | Change24% higherAfter inflation15% higher |
| Ground beef, lean per lb | 2024$6.952024, adjusted$7.48 | Today$8.40 | Change21% higherAfter inflation12% higher |
| Sirloin steak per lb | 2024$11.652024, adjusted$12.54 | Today$13.85 | Change19% higherAfter inflation10% higher |
| Round steak per lb | 2024$8.102024, adjusted$8.72 | Today$10.11 | Change25% higherAfter inflation16% higher |
| Round roast per lb | 2024$7.032024, adjusted$7.56 | Today$8.37 | Change19% higherAfter inflation11% higher |
| Chuck roast per lb | 2024$7.552024, adjusted$8.12 | Today$9.08 | Change20% higherAfter inflation12% higher |
| Beef stew meat per lb | 2024$7.182024, adjusted$7.73 | Today$8.67 | Change21% higherAfter inflation12% higher |
| Baconper lb | 2024$6.782024, adjusted$7.29 | Today$6.69 | Change1% lowerAfter inflation8% lower |
| Pork chops, boneless per lb | 2024$4.602024, adjusted$4.95 | Today$4.52 | Change2% lowerAfter inflation9% lower |
| Ham, bonelessper lb | 2024$5.612024, adjusted$6.04 | Today$5.26 | Change6% lowerAfter inflation13% lower |
| Whole chickenper lb | 2024$2.002024, adjusted$2.15 | Today$2.03 | Change1% higherAfter inflation6% lower |
| Chicken legs per lb | 2024$1.812024, adjusted$1.95 | Today$1.75 | Change3% lowerAfter inflation10% lower |
| Chicken breast, boneless per lb | 2024$4.052024, adjusted$4.36 | Today$4.10 | Change1% higherAfter inflation6% lower |
Dairy & eggs
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Eggs, grade A largeper dozen | 2024$3.172024, adjusted$3.41 | Today$2.32 | Change27% lowerAfter inflation32% lower |
| Whole milkper gallon | 2024$3.982024, adjusted$4.29 | Today$4.10 | Change3% higherAfter inflation4% lower |
| Low-fat milk per gallon | 2024$3.712024, adjusted$4.00 | Today$3.59 | Change3% lowerAfter inflation10% lower |
| Butterper lb | 2024$4.742024, adjusted$5.10 | Today$3.98 | Change16% lowerAfter inflation22% lower |
| Cheddar cheese per lb | 2024$5.662024, adjusted$6.10 | Today$6.13 | Change8% higherAfter inflationno change |
| American cheese per lb | 2024$4.892024, adjusted$5.27 | Today$4.71 | Change4% lowerAfter inflation11% lower |
| Ice cream per ½ gallon | 2024$6.132024, adjusted$6.60 | Today$6.03 | Change2% lowerAfter inflation9% lower |
| Yogurt per 8 oz | 2024$1.632024, adjusted$1.75 | Today$1.66 | Change2% higherAfter inflation5% lower |
Fruits & vegetables
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Bananasper lb | 2024$0.622024, adjusted$0.67 | Today$0.66 | Change6% higherAfter inflation2% lower |
| Lemons per lb | 2024$2.022024, adjusted$2.18 | Today$2.14 | Change6% higherAfter inflation2% lower |
| Strawberries per 12 oz | 2024$2.722024, adjusted$2.93 | Today$2.81 | Change3% higherAfter inflation4% lower |
| Tomatoesper lb | 2024$2.002024, adjusted$2.15 | Today$2.08 | Change4% higherAfter inflation3% lower |
| Potatoesper lb | 2024$0.982024, adjusted$1.06 | Today$0.99 | Change1% higherAfter inflation6% lower |
| Iceberg lettuceper lb | 2024$1.592024, adjusted$1.71 | Today$1.96 | Change23% higherAfter inflation14% higher |
| Romaine lettuce per lb | 2024$2.842024, adjusted$3.06 | Today$3.49 | Change23% higherAfter inflation14% higher |
| Dried beans per lb | 2024$1.672024, adjusted$1.79 | Today$1.68 | Change1% higherAfter inflation6% lower |
Pantry & bakery
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| White breadper lb | 2024$1.972024, adjusted$2.12 | Today$1.86 | Change6% lowerAfter inflation12% lower |
| Flour per lb | 2024$0.572024, adjusted$0.61 | Today$0.54 | Change5% lowerAfter inflation12% lower |
| Riceper lb | 2024$1.032024, adjusted$1.11 | Today$1.10 | Change6% higherAfter inflation1% lower |
| Spaghetti & macaroniper lb | 2024$1.422024, adjusted$1.52 | Today$1.38 | Change2% lowerAfter inflation9% lower |
| Sugar per lb | 2024$1.002024, adjusted$1.07 | Today$1.00 | Changeno changeAfter inflation7% lower |
| Chocolate chip cookiesper lb | 2024$5.042024, adjusted$5.43 | Today$5.25 | Change4% higherAfter inflation3% lower |
| Potato chipsper 16 oz | 2024$6.452024, adjusted$6.95 | Today$6.64 | Change3% higherAfter inflation4% lower |
Drinks
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground coffeeper lb | 2024$6.322024, adjusted$6.81 | Today$9.25 | Change46% higherAfter inflation36% higher |
| Soda per 2 liters | 2024$2.112024, adjusted$2.27 | Today$2.27 | Change8% higherAfter inflationno change |
| Beerper 16 oz | 2024$1.782024, adjusted$1.92 | Today$1.90 | Change7% higherAfter inflation1% lower |
| Wineper liter | 2024$13.732024, adjusted$14.79 | Today$14.05 | Change2% higherAfter inflation5% lower |
Frequently asked questions
How much did a dozen eggs cost in 2024?
A dozen eggs cost an average of $3.17 in 2024. In October 2026, the average price was $2.32. After adjusting for inflation, that's 32% lower than in 2024.
How much did a gallon of gas cost in 2024?
A gallon of gas cost an average of $3.45 in 2024. In October 2026, the average price was $4.45. After adjusting for inflation, that's 20% higher than in 2024.
How much did a gallon of milk cost in 2024?
A gallon of milk cost an average of $3.98 in 2024. In October 2026, the average price was $4.10. After adjusting for inflation, that's 4% lower than in 2024.
How much did a pound of white bread cost in 2024?
A pound of white bread cost an average of $1.97 in 2024. In October 2026, the average price was $1.86. After adjusting for inflation, that's 12% lower than in 2024.
How much did a pound of ground beef cost in 2024?
A pound of ground beef cost an average of $5.39 in 2024. In October 2026, the average price was $6.76. After adjusting for inflation, that's 16% higher than in 2024.
How much did a pound of coffee cost in 2024?
A pound of coffee cost an average of $6.32 in 2024. In October 2026, the average price was $9.25. After adjusting for inflation, that's 36% higher than in 2024.
How much is $1 from 2024 worth today?
$1 in 2024 has about the same buying power as $1.08 today, according to the Bureau of Labor Statistics consumer price index.
What was the inflation rate in 2024?
The U.S. inflation rate in 2024 was 2.9%, measured as the change in the consumer price index from 2023 to 2024.
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 2024 prices are averages for the whole year, and today's prices are from October 2026.
To adjust 2024 prices for inflation, we use the same consumer price index as our 2024 inflation calculator. The raw price data is available on the BLS website.
Prices in other years
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- 2025
| Dozen eggs | $3.17 → $2.32 |
| Gallon of gas | $3.45 → $4.45 |
| Gallon of milk | $3.98 → $4.10 |
| Pound of bread | $1.97 → $1.86 |
| Pound of ground beef | $5.39 → $6.76 |
| Pound of coffee | $6.32 → $9.25 |
| All prices, on average | $100.00 → $107.65 |