Coffee · per lb · 1988 Verified
$2.74in June 1988 — about $7.75 in today's money.
- Price in 1988$2.74
- Same money today$7.75
- Actual price now · June 2026$9.46
- Change since 1988+245%
Priced in working time
- Work to buy in 1988 · the federal minimum wage was $3.35/hour49 min
- Work to buy today · at $7.25/hour (2026)78 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 1988; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- APU0000717311
- Observed
- June 1988
- Coverage
- January 1980 – June 2026
- Adjusted by
- CPIAUCNS · 118 → 333.952 (June 2026)
- License
- Public domain