Source: Data is sourced from the Federal Reserve.

Notes: Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties.

The current average price for 1 pound of 100% ground beef is $6.32. Back in 2018, it was $3.64. That's a cumulative price increase of 74%. Inflation since 2018 has increased 30% (CPIAUCSL).

Posted by fruitstanddev

36 comments

  1. I rarely pay more than 2.99 a pound, about a year ago it was on sale for 1.99

  2. We went in on a 1/4 of a cow last fall and the amount of steaks and ground beef we got that has lasted us 11 months now is…staggering compared to what it cost these days and doing the math.

    I feel like if you have the space, like beef, go in on a cow with some people and save some $$. Bulk buying especially these days

  3. The tldr here is that the cattle supply chain is a long process that is still being affected by covid shutdowns of packing plants.

  4. “I can’t believe that Joe Biden is still destroying the economy 8 months after he left office!”

  6. Prices are no where near this bad near me thankfully. I also don’t think I’ve seen 100% ground beef at a grocery store unless I’m just not keen on looking for it 

  7. It’s about $9.00 per pound where I’m at. I’ve actually started buying lamb which is cheaper at $8.00 per pound

  8. Are you talking about pure ground beef, or are you extrapolating from the 93/7, 85/15, or 70/30 beef/fat ratio to price?

    That feels high, but not too high from what I’ve seen if it’s the first thing. It feels low if it’s the second.

  11. Skill issue TBH. Just switch to %62.025 ground beef, and the price/lb stays the same as before.

  12. Somehow it still doesn’t feel like 3% average inflation, feels like 30%.

  13. This data must be some sort of liberal fake news……Trump said he was going to lower prices on day 1…… it’s day 236 and ground beef has never been more expensive….. could it be Trump LIED? That would also mean his voters are gullible, and prone to having lower IQ’s since he has a history of lying every time he opens his mouth

  14. I just saw $7.99 at Walmart in Santa Ana, CA. It’s gone up another $1 from two weeks ago.

  15. Thursday I got 80/20 for 3.50/lb @ 8 lbs. This morning I got chuck roast for 5.99/lb and the self checkout said weights were off on the 3.98 and 3.73 pounders but the dude just scanned his card and said machine was dumb. (thought they were closer to 4.5-5lb)

    Anyway, where is beef that expensive? Although those were specials so I guess regular price is a lot more bc chuck was 10/lb after this weekend

  16. The left needs to tone down their inflation rhetoric.

    Let Trump do his tariffs, deficit spending, removing Fed board members, calling for lower interest rates. Stop calling him out for it.

  17. These are the things that real inflation numbers should track. Cause if it was itd be accurate

  18. It’s $12/lb for typical swill in my local Safeway. $8.99 at a quality local market.

  19. Luxuries became cheap, and the basics became expensive.

  20. Good thing then that you can now export it to Australia even though we’ll never buy it.

  21. It really feels like $6 is the cheapest I can find… beef in general seems to have doubled in price and I’m not really sure why.

  22. I wish I could buy 1 pound of ground beef for $6.32. Maybe back in 2015.

  24. Quick, somebody alert John Stossel! Surely he will go undercover as a cow for an expose.

  25. Remember every media company who blames prices on Biden, but isn’t continuing to blame these prices on Trump.
    Remember them all, and never forgive them. Never trust them again. They are complicit.

  28. It is what happens when you slow down the reproduction of cattle because they fart to save the Earth from climate change.

  29. I blame renewables and agromeats driving up the price!!! Windmills are making water scares by throwing it out into space!

  30. That’s about 9.7% per year compounded inflation since January 2020.

  31. Christ in Australia Costco recently upped the price of the ground beef to 11au/kg from 9.99/kg and that felt a bit rude. That’s 3.61usd/lb 3usd/lb respectively if I’ve got my maths right

  32. I love how people kept saying that cultivated meat would never reach price parity with raised meat. Now we’re neglecting the proper treatment and disease prevention for raised meat, we’re seeing greed destroy all of their own advantages. When cultivated meat can hit economies of scale then everything will need to be reevaluated.

  33. And that’s with the massive government subsidies for the meat industry. Imagine the cost without them.

  34. Blame the processing centers. Cattle have not gone up in price all that much.

  36. This is fairly high fat content, like 80/20. The good stuff is over $10 a pound where I live (my future health is worth $2).

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