Ground beef · per lb · 2003 Verified
$1.93in June 2003 — about $3.51 in today's money.
- Price in 2003$1.93
- Same money today$3.51
- Actual price now · June 2026$6.83
- Change since 2003+254%
Priced in working time
- Work to buy in 2003 · the federal minimum wage was $5.15/hour22 min
- Work to buy today · at $7.25/hour (2026)57 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 2003; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- APU0000703112
- Observed
- June 2003
- Coverage
- January 1984 – June 2026
- Adjusted by
- CPIAUCNS · 183.7 → 333.952 (June 2026)
- License
- Public domain