Federal Reserve Economic Data

Average Price: Ground Beef, 100% Beef (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000703112)

Observation:

Nov 2024: 5.628 (+ more)   Updated: Dec 11, 2024 7:34 AM CST
Nov 2024:  5.628  
Oct 2024:  5.588  
Sep 2024:  5.670  
Aug 2024:  5.577  
Jul 2024:  5.497  
View All

Units:

U.S. Dollars,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Average Price Data  

Units:  U.S. Dollars, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties.

Average consumer prices are calculated for household fuel, motor fuel, and food items from prices collected for the Consumer Price Index (CPI). Average prices are best used to measure the price level in a particular month, not to measure price change over time. It is more appropriate to use CPI index values for the particular item categories to measure price change.

Prices, except for electricity, are collected monthly by BLS representatives in the 75 urban areas priced for the CPI. Electricity prices are collected for the BLS for the same 75 areas on a monthly basis by the Department of Energy using mail questionnaires. All fuel prices include applicable Federal, State, and local taxes; prices for natural gas and electricity also include fuel and purchased gas adjustments.

For more information, please visit the Bureau of Labor Statistics.

Suggested Citation:

U.S. Bureau of Labor Statistics, Average Price: Ground Beef, 100% Beef (Cost per Pound/453.6 Grams) in U.S. City Average [APU0000703112], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/APU0000703112, .

RELEASE TABLES

Average Price Data

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