What things cost in 2023 vs. today
In 2023, a dozen eggs cost $2.80, a gallon of milk cost $4.03, a gallon of gas cost $3.66, a pound of white bread cost $1.96, a pound of ground beef cost $5.02 and a pound of coffee cost $6.16. Overall, $1 in 2023 buys about as much as $1.10 today.
The Bureau of Labor Statistics tracked average prices for 51 of these everyday items in both 2023 and August 2026. After adjusting for inflation, 19 of them cost more today than in 2023, and 32 are cheaper in real terms.
Rose faster than inflation
- Ground coffee: $6.16 → $9.30 per lb (37% above inflation)
- Ground beef: $5.02 → $6.92 per lb (25% above inflation)
- Round roast: $6.50 → $8.96 per lb (25% above inflation)
- Ground chuck: $5.03 → $6.77 per lb (23% above inflation)
- Heating oil: $3.84 → $5.15 per gallon (22% above inflation)
Cheaper today after inflation
- Eggs, grade A large: $2.80 → $2.27 per dozen (26% below inflation)
- Chicken legs: $1.92 → $1.67 per lb (21% below inflation)
- Butter: $4.56 → $4.02 per lb (20% below inflation)
- Strawberries: $2.85 → $2.58 per 12 oz (18% below inflation)
- Iceberg lettuce: $1.62 → $1.47 per lb (17% below inflation)
2023 prices vs. today
Each row shows the average 2023 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 | 2023 | 2023 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| Gasoline, regular / gallon | $3.66 | $4.02 | $4.20 | +4% |
| Gasoline, midgrade / gallon | $4.07 | $4.48 | $4.69 | +5% |
| Gasoline, premium / gallon | $4.47 | $4.91 | $5.13 | +5% |
| Diesel fuel / gallon | $4.32 | $4.75 | $5.55 | +17% |
| Electricity / kWh | $0.17 | $0.18 | $0.20 | +6% |
| Natural gas (piped) / therm | $1.46 | $1.61 | $1.71 | +7% |
| Heating oil / gallon | $3.84 | $4.22 | $5.15 | +22% |
Meat & poultry
| Item | 2023 | 2023 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| Ground beef / lb | $5.02 | $5.52 | $6.92 | +25% |
| Ground chuck / lb | $5.03 | $5.53 | $6.77 | +23% |
| Ground beef, lean / lb | $6.68 | $7.35 | $8.57 | +17% |
| Sirloin steak / lb | $11.07 | $12.17 | $14.36 | +18% |
| Round steak / lb | $7.57 | $8.33 | $9.69 | +16% |
| Round roast / lb | $6.50 | $7.15 | $8.96 | +25% |
| Chuck roast / lb | $7.11 | $7.81 | $9.45 | +21% |
| Beef stew meat / lb | $7.00 | $7.70 | $8.59 | +12% |
| Bacon / lb | $6.65 | $7.31 | $6.61 | −10% |
| Pork chops, boneless / lb | $4.51 | $4.96 | $4.53 | −9% |
| Ham, boneless / lb | $5.71 | $6.28 | $5.38 | −14% |
| Whole chicken / lb | $1.91 | $2.10 | $2.01 | −4% |
| Chicken legs / lb | $1.92 | $2.11 | $1.67 | −21% |
| Chicken breast, boneless / lb | $4.23 | $4.65 | $4.17 | −10% |
Dairy & eggs
| Item | 2023 | 2023 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| Eggs, grade A large / dozen | $2.80 | $3.07 | $2.27 | −26% |
| Whole milk / gallon | $4.03 | $4.43 | $4.23 | −4% |
| Low-fat milk / gallon | $3.70 | $4.07 | $3.72 | −9% |
| Butter / lb | $4.56 | $5.01 | $4.02 | −20% |
| Cheddar cheese / lb | $5.82 | $6.40 | $5.98 | −7% |
| American cheese / lb | $4.76 | $5.23 | $4.75 | −9% |
| Ice cream / ½ gallon | $5.90 | $6.49 | $5.85 | −10% |
| Yogurt / 8 oz | $1.55 | $1.71 | $1.58 | −7% |
Fruits & vegetables
| Item | 2023 | 2023 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| Bananas / lb | $0.63 | $0.69 | $0.65 | −6% |
| Navel oranges / lb | $1.58 | $1.74 | $1.71 | −2% |
| Grapefruit / lb | $1.70 | $1.86 | $1.60 | −14% |
| Lemons / lb | $2.14 | $2.35 | $2.11 | −10% |
| Strawberries / 12 oz | $2.85 | $3.13 | $2.58 | −18% |
| Tomatoes / lb | $1.92 | $2.11 | $1.98 | −6% |
| Potatoes / lb | $1.00 | $1.10 | $0.98 | −12% |
| Iceberg lettuce / lb | $1.62 | $1.78 | $1.47 | −17% |
| Romaine lettuce / lb | $2.77 | $3.04 | $3.29 | +8% |
| Canned corn / lb | $1.30 | $1.43 | $1.27 | −11% |
| Dried beans / lb | $1.67 | $1.84 | $1.63 | −11% |
Pantry & bakery
| Item | 2023 | 2023 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| White bread / lb | $1.96 | $2.15 | $1.82 | −15% |
| Flour / lb | $0.55 | $0.61 | $0.55 | −9% |
| Rice / lb | $0.98 | $1.08 | $1.11 | +3% |
| Spaghetti & macaroni / lb | $1.43 | $1.57 | $1.37 | −13% |
| Sugar / lb | $0.92 | $1.01 | $1.02 | +1% |
| Chocolate chip cookies / lb | $5.12 | $5.63 | $5.21 | −7% |
| Potato chips / 16 oz | $6.45 | $7.09 | $6.75 | −5% |
Drinks
| Item | 2023 | 2023 price in today's dollars | August 2026 | vs. inflation |
|---|---|---|---|---|
| Ground coffee / lb | $6.16 | $6.77 | $9.30 | +37% |
| Soda / 2 liters | $2.30 | $2.53 | $2.23 | −12% |
| Beer / 16 oz | $1.74 | $1.92 | $1.88 | −2% |
| Wine / liter | $13.40 | $14.73 | $13.75 | −7% |
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 2023 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 2023 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 2023 inflation calculator.
Prices in other years
← What things cost in 2022 · What things cost in 2024 →
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