Bananas · per lb · 1987 Verified
$0.39in June 1987 — about $1.15 in today's money.
- Price in 1987$0.39
- Same money today$1.15
- Actual price now · June 2026$0.65
- Change since 1987+67%
Priced in working time
- Work to buy in 1987 · the federal minimum wage was $3.35/hour7 min
- Work to buy today · at $7.25/hour (2026)5 min
Observed price divided by the observed wage for the same year — nothing here is back-cast. See the minimum wage record →
Price history
Record & method
This is an observed price. The U.S. Bureau of Labor Statistics recorded it in June 1987; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- APU0000711211
- Observed
- June 1987
- Coverage
- January 1980 – June 2026
- Adjusted by
- CPIAUCNS · 113.5 → 333.952 (June 2026)
- License
- Public domain