Bananas · per lb · 1996 Verified
$0.50in June 1996 — about $1.07 in today's money.
- Price in 1996$0.50
- Same money today$1.07
- Actual price now · June 2026$0.65
- Change since 1996+30%
Priced in working time
- Work to buy in 1996 · the federal minimum wage was $4.25/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 1996; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- APU0000711211
- Observed
- June 1996
- Coverage
- January 1980 – June 2026
- Adjusted by
- CPIAUCNS · 156.7 → 333.952 (June 2026)
- License
- Public domain