Ice cream · per half gallon · 1988 Verified
$2.43in June 1988 — about $6.88 in today's money.
- Price in 1988$2.43
- Same money today$6.88
- Actual price now · June 2026$5.95
- Change since 1988+145%
Priced in working time
- Work to buy in 1988 · the federal minimum wage was $3.35/hour44 min
- Work to buy today · at $7.25/hour (2026)49 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
- APU0000710411
- Observed
- June 1988
- Coverage
- January 1980 – June 2026
- Adjusted by
- CPIAUCNS · 118 → 333.952 (June 2026)
- License
- Public domain