Prices are now 7% 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 $106.85 today. The inflation rate in 2024 was 2.9%, and total inflation from 2024 to August 2026 was 7%.
The effects of inflation can vary. Adjusted for inflation, the biggest increase since 2024 was for ground coffee (up 38%), and the biggest drop was for grade A large eggs (down 33%).
| Dozen eggs | $3.17 → $2.27 |
| Gallon of gas | $3.45 → $4.20 |
| Gallon of milk | $3.98 → $4.23 |
| Pound of bread | $1.97 → $1.82 |
| Pound of ground beef | $5.39 → $6.92 |
| Pound of coffee | $6.32 → $9.30 |
| All prices, on average | $100.00 → $106.85 |
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 7% between 2024 and August 2026.These prices are inflation-adjusted, meaning all values shown are adjusted for the baseline of 7% inflation between 2024 and August 2026.
More inflation
- Ground coffee47% higher38% higherWas $6.32 in 2024, now $9.30 per lbWas $6.75 in today's dollars, now $9.30 per lb
- Diesel fuel45% higher36% higherWas $3.83 in 2024, now $5.55 per gallonWas $4.09 in today's dollars, now $5.55 per gallon
- Heating oil43% higher34% higherWas $3.61 in 2024, now $5.15 per gallonWas $3.85 in today's dollars, now $5.15 per gallon
- Ground beef28% higher20% higherWas $5.39 in 2024, now $6.92 per lbWas $5.76 in today's dollars, now $6.92 per lb
- Round roast28% higher19% higherWas $7.03 in 2024, now $8.96 per lbWas $7.51 in today's dollars, now $8.96 per lb
Less inflation
- Eggs, grade A large28% lower33% lowerWas $3.17 in 2024, now $2.27 per dozenWas $3.39 in today's dollars, now $2.27 per dozen
- Butter15% lower21% lowerWas $4.74 in 2024, now $4.02 per lbWas $5.06 in today's dollars, now $4.02 per lb
- Chicken legs8% lower14% lowerWas $1.81 in 2024, now $1.67 per lbWas $1.93 in today's dollars, now $1.67 per lb
- Iceberg lettuce8% lower14% lowerWas $1.59 in 2024, now $1.47 per lbWas $1.70 in today's dollars, now $1.47 per lb
- White bread7% lower13% lowerWas $1.97 in 2024, now $1.82 per lbWas $2.11 in today's dollars, now $1.82 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 August 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$3.68 | Today$4.20 | Change22% higherAfter inflation14% higher |
| Gasoline, midgradeper gallon | 2024$3.872024, adjusted$4.14 | Today$4.69 | Change21% higherAfter inflation13% higher |
| Gasoline, premiumper gallon | 2024$4.272024, adjusted$4.56 | Today$5.13 | Change20% higherAfter inflation13% higher |
| Diesel fuel per gallon | 2024$3.832024, adjusted$4.09 | Today$5.55 | Change45% higherAfter inflation36% higher |
| Electricityper kWh | 2024$0.182024, adjusted$0.19 | Today$0.20 | Change12% higherAfter inflation4% higher |
| Natural gas (piped)per therm | 2024$1.432024, adjusted$1.53 | Today$1.71 | Change20% higherAfter inflation12% higher |
| Heating oilper gallon | 2024$3.612024, adjusted$3.85 | Today$5.15 | Change43% higherAfter inflation34% higher |
Meat & poultry
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground beef per lb | 2024$5.392024, adjusted$5.76 | Today$6.92 | Change28% higherAfter inflation20% higher |
| Ground chuck per lb | 2024$5.432024, adjusted$5.80 | Today$6.77 | Change25% higherAfter inflation17% higher |
| Ground beef, lean per lb | 2024$6.952024, adjusted$7.42 | Today$8.57 | Change23% higherAfter inflation16% higher |
| Sirloin steak per lb | 2024$11.652024, adjusted$12.45 | Today$14.36 | Change23% higherAfter inflation15% higher |
| Round steak per lb | 2024$8.102024, adjusted$8.65 | Today$9.69 | Change20% higherAfter inflation12% higher |
| Round roast per lb | 2024$7.032024, adjusted$7.51 | Today$8.96 | Change28% higherAfter inflation19% higher |
| Chuck roast per lb | 2024$7.552024, adjusted$8.06 | Today$9.45 | Change25% higherAfter inflation17% higher |
| Beef stew meat per lb | 2024$7.182024, adjusted$7.67 | Today$8.59 | Change20% higherAfter inflation12% higher |
| Baconper lb | 2024$6.782024, adjusted$7.24 | Today$6.61 | Change3% lowerAfter inflation9% lower |
| Pork chops, boneless per lb | 2024$4.602024, adjusted$4.91 | Today$4.53 | Change1% lowerAfter inflation8% lower |
| Ham, bonelessper lb | 2024$5.612024, adjusted$6.00 | Today$5.38 | Change4% lowerAfter inflation10% lower |
| Whole chickenper lb | 2024$2.002024, adjusted$2.14 | Today$2.01 | Change1% higherAfter inflation6% lower |
| Chicken legs per lb | 2024$1.812024, adjusted$1.93 | Today$1.67 | Change8% lowerAfter inflation14% lower |
| Chicken breast, boneless per lb | 2024$4.052024, adjusted$4.32 | Today$4.17 | Change3% higherAfter inflation3% lower |
Dairy & eggs
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Eggs, grade A largeper dozen | 2024$3.172024, adjusted$3.39 | Today$2.27 | Change28% lowerAfter inflation33% lower |
| Whole milk per gallon | 2024$3.982024, adjusted$4.26 | Today$4.23 | Change6% higherAfter inflation1% lower |
| Low-fat milk per gallon | 2024$3.712024, adjusted$3.97 | Today$3.72 | Changeno changeAfter inflation6% lower |
| Butterper lb | 2024$4.742024, adjusted$5.06 | Today$4.02 | Change15% lowerAfter inflation21% lower |
| Cheddar cheese per lb | 2024$5.662024, adjusted$6.05 | Today$5.98 | Change6% higherAfter inflation1% lower |
| American cheese per lb | 2024$4.892024, adjusted$5.23 | Today$4.75 | Change3% lowerAfter inflation9% lower |
| Ice cream per ½ gallon | 2024$6.132024, adjusted$6.55 | Today$5.85 | Change5% lowerAfter inflation11% lower |
| Yogurt per 8 oz | 2024$1.632024, adjusted$1.74 | Today$1.58 | Change3% lowerAfter inflation9% lower |
Fruits & vegetables
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Bananasper lb | 2024$0.622024, adjusted$0.66 | Today$0.65 | Change5% higherAfter inflation2% lower |
| Navel orangesper lb | 2024$1.622024, adjusted$1.73 | Today$1.71 | Change6% higherAfter inflation1% lower |
| Grapefruit per lb | 2024$1.682024, adjusted$1.79 | Today$1.60 | Change4% lowerAfter inflation11% lower |
| Lemons per lb | 2024$2.022024, adjusted$2.16 | Today$2.11 | Change4% higherAfter inflation2% lower |
| Strawberries per 12 oz | 2024$2.722024, adjusted$2.91 | Today$2.58 | Change5% lowerAfter inflation11% lower |
| Tomatoesper lb | 2024$2.002024, adjusted$2.13 | Today$1.98 | Change1% lowerAfter inflation7% lower |
| Potatoesper lb | 2024$0.982024, adjusted$1.05 | Today$0.98 | Change1% lowerAfter inflation7% lower |
| Iceberg lettuceper lb | 2024$1.592024, adjusted$1.70 | Today$1.47 | Change8% lowerAfter inflation14% lower |
| Romaine lettuce per lb | 2024$2.842024, adjusted$3.04 | Today$3.29 | Change16% higherAfter inflation8% higher |
| Canned corn per lb | 2024$1.352024, adjusted$1.44 | Today$1.27 | Change6% lowerAfter inflation12% lower |
| Dried beans per lb | 2024$1.672024, adjusted$1.78 | Today$1.63 | Change2% lowerAfter inflation8% lower |
Pantry & bakery
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| White breadper lb | 2024$1.972024, adjusted$2.11 | Today$1.82 | Change7% lowerAfter inflation13% lower |
| Flour per lb | 2024$0.572024, adjusted$0.60 | Today$0.55 | Change3% lowerAfter inflation9% lower |
| Riceper lb | 2024$1.032024, adjusted$1.11 | Today$1.11 | Change7% higherAfter inflation1% higher |
| Spaghetti & macaroniper lb | 2024$1.422024, adjusted$1.51 | Today$1.37 | Change3% lowerAfter inflation9% lower |
| Sugar per lb | 2024$1.002024, adjusted$1.07 | Today$1.02 | Change3% higherAfter inflation4% lower |
| Chocolate chip cookiesper lb | 2024$5.042024, adjusted$5.39 | Today$5.21 | Change3% higherAfter inflation3% lower |
| Potato chipsper 16 oz | 2024$6.452024, adjusted$6.90 | Today$6.75 | Change5% higherAfter inflation2% lower |
Drinks
| Item | 20242024 (adjusted) | Today | ChangeChange after inflation |
|---|---|---|---|
| Ground coffeeper lb | 2024$6.322024, adjusted$6.75 | Today$9.30 | Change47% higherAfter inflation38% higher |
| Soda per 2 liters | 2024$2.112024, adjusted$2.25 | Today$2.23 | Change6% higherAfter inflation1% lower |
| Beerper 16 oz | 2024$1.782024, adjusted$1.90 | Today$1.88 | Change6% higherAfter inflation1% lower |
| Wineper liter | 2024$13.732024, adjusted$14.67 | Today$13.75 | Changeno changeAfter inflation6% 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 August 2026, the average price was $2.27. After adjusting for inflation, that's 33% 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 August 2026, the average price was $4.20. After adjusting for inflation, that's 14% 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 August 2026, the average price was $4.23. After adjusting for inflation, that's 1% 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 August 2026, the average price was $1.82. After adjusting for inflation, that's 13% 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 August 2026, the average price was $6.92. After adjusting for inflation, that's 20% 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 August 2026, the average price was $9.30. After adjusting for inflation, that's 38% higher than in 2024.
How much is $1 from 2024 worth today?
$1 in 2024 has about the same buying power as $1.07 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 August 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
- 1980
- 1981
- 1982
- 1983
- 1984
- 1985
- 1986
- 1987
- 1988
- 1989
- 1990
- 1991
- 1992
- 1993
- 1994
- 1995
- 1996
- 1997
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- 1999
- 2000
- 2001
- 2002
- 2003
- 2004
- 2005
- 2006
- 2007
- 2008
- 2009
- 2010
- 2011
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
- 2023
- 2024
- 2025
| Dozen eggs | $3.17 → $2.27 |
| Gallon of gas | $3.45 → $4.20 |
| Gallon of milk | $3.98 → $4.23 |
| Pound of bread | $1.97 → $1.82 |
| Pound of ground beef | $5.39 → $6.92 |
| Pound of coffee | $6.32 → $9.30 |
| All prices, on average | $100.00 → $106.85 |