Coffee priced at $2.83 in 1967 → $23.07 in 2022

Coffee Inflation Calculator

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Prices for Coffee, 1967-2022 ($2.83)

According to the U.S. Bureau of Labor Statistics, prices for coffee are 715.30% higher in 2022 versus 1967 (a $20.24 difference in value).

The current national average price is $2.83 for "Coffee, 100%, ground roast, 13.1-20 oz. can, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.

Between 1967 and 2022: Coffee experienced an average inflation rate of 3.89% per year. This rate of change indicates significant inflation. In other words, coffee costing $2.83 in the year 1967 would cost $23.07 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.98% during this same period, inflation for coffee was lower.

Price Inflation for Coffee since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1977 (77.12%), 1976 (37.42%), and 1994 (27.92%).

Price history

The average price for Coffee is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Coffee, 100%, ground roast, 13.1-20 oz. can, per lb. (453.6 gm):

Year Average price (Coffee) Inflation adjusted price (2022 dollars)
1988 $2.82 $2.82
1987 $2.93 $2.90
1986 $3.45 $2.99
1985 $2.67 $2.91
1984 $2.64 $2.95
1983 $2.53 $2.94
1982 $2.57 $3.00
1981 $2.51 $3.00
1980 $3.11 $3.20
View price changes for other categories
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Buying power of $2.83 since 1967

Below are calculations of equivalent buying power for Coffee, over time, for $2.83 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1967 $2.83 -
1968 $2.82 -0.52%
1969 $2.85 1.39%
1970 $3.37 18.10%
1971 $3.47 2.86%
1972 $3.41 -1.60%
1973 $3.80 11.26%
1974 $4.52 19.15%
1975 $4.93 9.02%
1976 $6.78 37.42%
1977 $12.00 77.12%
1978 $11.40 -5.07%
1979 $10.82 -5.02%
1980 $11.86 9.62%
1981 $10.22 -13.82%
1982 $10.47 2.41%
1983 $10.50 0.32%
1984 $10.92 3.94%
1985 $11.21 2.68%
1986 $14.11 25.82%
1987 $12.35 -12.45%
1988 $12.22 -1.05%
1989 $12.80 4.74%
1990 $12.49 -2.43%
1991 $12.25 -1.90%
1992 $11.77 -3.92%
1993 $11.67 -0.87%
1994 $14.93 27.92%
1995 $17.34 16.16%
1996 $15.86 -8.56%
1997 $17.86 12.64%
1998 $17.37 -2.73%
1999 $16.45 -5.31%
2000 $16.37 -0.49%
2001 $15.60 -4.72%
2002 $15.16 -2.83%
2003 $15.41 1.65%
2004 $15.45 0.27%
2005 $17.14 10.94%
2006 $17.57 2.51%
2007 $18.67 6.27%
2008 $19.99 7.05%
2009 $19.81 -0.91%
2010 $19.82 0.05%
2011 $22.73 14.70%
2012 $23.11 1.69%
2013 $21.76 -5.85%
2014 $21.36 -1.82%
2015 $21.85 2.27%
2016 $21.19 -3.03%
2017 $21.17 -0.08%
2018 $20.72 -2.15%
2019 $20.54 -0.84%
2020 $20.64 0.49%
2021 $21.18 2.62%
2022 $23.07 8.93%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Coffee:

Year 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
CPI 26.623 26.485 26.854 31.715 32.623 32.100 35.715 42.554 46.392 63.754 112.923 107.200 101.815 111.608 96.185 98.500 98.815 102.708 105.462 132.692 116.177 114.962 120.408 117.485 115.254 110.738 109.777 140.431 163.131 149.162 168.015 163.431 154.754 153.992 146.731 142.585 144.931 145.323 161.223 165.277 175.647 188.027 186.317 186.418 213.824 217.441 204.712 200.984 205.540 199.307 199.156 194.876 193.237 194.177 199.263 217.057

Adjust coffee prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1967 * 1967 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Coffee was 26.623 in the year 1967 and 217.057 in 2022:

217.057 / 26.623 * $2.83 = $23.07

Therefore, according to U.S. Bureau of Labor Statistics, $2.83 in 1967 has the same "purchasing power" as $23.07 in 2022 (in the CPI category of Coffee).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Coffee in 1967. In addition to coffee, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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