What things cost in 2007 vs. today
In 2007, a dozen eggs cost $1.68, a gallon of milk cost $3.50, a gallon of gas cost $2.80, a pound of white bread cost $1.21, a pound of ground beef cost $2.30 and a pound of coffee cost $3.47. Overall, $1 in 2007 buys about as much as $1.62 today.
The Bureau of Labor Statistics tracked average prices for 46 of these everyday items in both 2007 and August 2026. After adjusting for inflation, 25 of them cost more today than in 2007, and 21 are cheaper in real terms.
Rose faster than inflation
- Ground beef: $2.30 → $6.92 per lb (86% above inflation)
- Chuck roast: $3.38 → $9.45 per lb (73% above inflation)
- Ground beef, lean: $3.07 → $8.57 per lb (73% above inflation)
- Ground coffee: $3.47 → $9.30 per lb (66% above inflation)
- Ground chuck: $2.70 → $6.77 per lb (55% above inflation)
Cheaper today after inflation
- Lemons: $1.86 → $2.11 per lb (30% below inflation)
- Strawberries: $2.20 → $2.58 per 12 oz (28% below inflation)
- Tomatoes: $1.65 → $1.98 per lb (26% below inflation)
- Whole milk: $3.50 → $4.23 per gallon (25% below inflation)
- Chicken breast, boneless: $3.43 → $4.17 per lb (25% below inflation)
2007 prices vs. today
Each row shows the average 2007 price, what that price equals in today's dollars, and the actual average price in August 2026. Red items rose faster than inflation; green items got cheaper in real terms.
Gas & energy
| Item | 2007 | 2007 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| Gasoline, regular / gallon | $2.80 | $4.52 | $4.20 | −7% |
| Gasoline, midgrade / gallon | $2.91 | $4.70 | $4.69 | Same |
| Gasoline, premium / gallon | $3.03 | $4.90 | $5.13 | +5% |
| Diesel fuel / gallon | $2.96 | $4.79 | $5.55 | +16% |
| Electricity / kWh | $0.12 | $0.19 | $0.20 | +4% |
| Natural gas (piped) / therm | $1.26 | $2.04 | $1.71 | −16% |
| Heating oil / gallon | $2.68 | $4.33 | $5.15 | +19% |
Meat & poultry
| Item | 2007 | 2007 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| Ground beef / lb | $2.30 | $3.71 | $6.92 | +86% |
| Ground chuck / lb | $2.70 | $4.36 | $6.77 | +55% |
| Ground beef, lean / lb | $3.07 | $4.96 | $8.57 | +73% |
| Sirloin steak / lb | $5.97 | $9.65 | $14.36 | +49% |
| Round steak / lb | $4.11 | $6.64 | $9.69 | +46% |
| Round roast / lb | $3.81 | $6.15 | $8.96 | +46% |
| Chuck roast / lb | $3.38 | $5.46 | $9.45 | +73% |
| Beef stew meat / lb | $3.51 | $5.67 | $8.59 | +52% |
| Bacon / lb | $3.66 | $5.91 | $6.61 | +12% |
| Pork chops, boneless / lb | $3.60 | $5.82 | $4.53 | −22% |
| Ham, boneless / lb | $3.13 | $5.05 | $5.38 | +7% |
| Whole chicken / lb | $1.12 | $1.80 | $2.01 | +12% |
| Chicken legs / lb | $1.31 | $2.12 | $1.67 | −21% |
| Chicken breast, boneless / lb | $3.43 | $5.54 | $4.17 | −25% |
Dairy & eggs
| Item | 2007 | 2007 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| Eggs, grade A large / dozen | $1.68 | $2.71 | $2.27 | −16% |
| Whole milk / gallon | $3.50 | $5.66 | $4.23 | −25% |
| Cheddar cheese / lb | $4.23 | $6.83 | $5.98 | −12% |
| American cheese / lb | $3.84 | $6.20 | $4.75 | −23% |
| Ice cream / ½ gallon | $3.95 | $6.39 | $5.85 | −8% |
Fruits & vegetables
| Item | 2007 | 2007 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| Bananas / lb | $0.51 | $0.82 | $0.65 | −21% |
| Navel oranges / lb | $1.28 | $2.08 | $1.71 | −18% |
| Grapefruit / lb | $0.96 | $1.56 | $1.60 | +3% |
| Lemons / lb | $1.86 | $3.00 | $2.11 | −30% |
| Strawberries / 12 oz | $2.20 | $3.56 | $2.58 | −28% |
| Tomatoes / lb | $1.65 | $2.66 | $1.98 | −26% |
| Potatoes / lb | $0.52 | $0.85 | $0.98 | +15% |
| Iceberg lettuce / lb | $0.93 | $1.50 | $1.47 | −2% |
| Romaine lettuce / lb | $1.57 | $2.54 | $3.29 | +29% |
| Dried beans / lb | $0.94 | $1.52 | $1.63 | +7% |
Pantry & bakery
| Item | 2007 | 2007 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| White bread / lb | $1.21 | $1.95 | $1.82 | −7% |
| Flour / lb | $0.36 | $0.58 | $0.55 | −6% |
| Rice / lb | $0.55 | $0.89 | $1.11 | +25% |
| Spaghetti & macaroni / lb | $0.88 | $1.41 | $1.37 | −3% |
| Sugar / lb | $0.51 | $0.83 | $1.02 | +23% |
| Chocolate chip cookies / lb | $2.70 | $4.37 | $5.21 | +19% |
| Potato chips / 16 oz | $3.53 | $5.70 | $6.75 | +18% |
Drinks
| Item | 2007 | 2007 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| Ground coffee / lb | $3.47 | $5.60 | $9.30 | +66% |
| Beer / 16 oz | $1.12 | $1.81 | $1.88 | +4% |
| Wine / liter | $8.55 | $13.81 | $13.75 | Same |
How these prices are calculated
Prices are U.S. city averages from the Bureau of Labor Statistics Average Price Data, which BLS collects each month for the Consumer Price Index. The 2007 price is the average of that year's available monthly prices, and the "today" price is the latest monthly average, from August 2026. The inflation-adjusted price converts the 2007 price to today's dollars using the overall Consumer Price Index (CPI-U). "vs. inflation" compares the actual price today with that inflation-adjusted price.
To convert any other amount, use the 2007 inflation calculator.
Prices in other years
← What things cost in 2006 · What things cost in 2008 →
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