US Average Bananas Price Adjusted for Inflation

This page shows historical banana prices adjusted for inflation, offering a clearer view of how the real purchasing power needed to buy bananas has evolved over time.

The prices represent fresh bananas, organic and non-organic, sold by the pound (453.6 grams) in urban areas across the United States.

Adjusted prices are shown in "today’s dollars", meaning they are benchmarked to the purchasing power of June 2025 (our latest available CPI data baseline).

Key Takeaways
  • The latest average price for a pound of bananas was $0.654, in June 2025.
  • In January 1980, the nominal price was $0.319, which is equivalent to $1.323 in today's dollars.
  • Since January 1980, the inflation-adjusted price has fallen 50.55%, an average decline of -1.54% per year.
  • The peak inflation-adjusted price was $1.492, reached in July 1983.

Bananas are one of the most popular fruits in the United States. Their price is tracked as part of the broader effort to monitor food costs and their economic impact.

Historical prices have changed over time due to factors such as international trade relationships, transportation costs, disease impacts on global production and weather events in growing regions.

After some price volatility in the 1980s and early 1990s, the inflation-adjusted cost of bananas has notably declined over the subsequent decades. This means that while the nominal price has gradually risen, the real cost of bananas relative to overall inflation has actually fallen, making them an increasingly affordable fruit for consumers.

Inflation-Adjusted Values by Month

By examining the inflation-adjusted price over time, consumers and analysts can better understand the underlying purchasing power cost of bananas, separate from the general rise in the cost of living.

The following table provides a month-by-month breakdown.

Month Nominal Inflation-Adjusted
Jun 2025 0.654 0.654
May 2025 0.655 0.657
Apr 2025 0.635 0.638
Mar 2025 0.625 0.63
Feb 2025 0.619 0.626
Jan 2025 0.621 0.631
Dec 2024 0.615 0.629
Nov 2024 0.622 0.636
Oct 2024 0.619 0.633
Sep 2024 0.617 0.631
Aug 2024 0.612 0.627
Jul 2024 0.613 0.629
Jun 2024 0.625 0.642
May 2024 0.622 0.639
Apr 2024 0.626 0.644
Mar 2024 0.629 0.65
Feb 2024 0.625 0.65
Jan 2024 0.617 0.645
Dec 2023 0.625 0.657
Nov 2023 0.627 0.659
Oct 2023 0.626 0.656
Sep 2023 0.625 0.655
Aug 2023 0.631 0.663
Jul 2023 0.631 0.666
Jun 2023 0.625 0.661
May 2023 0.628 0.666
Apr 2023 0.635 0.675
Mar 2023 0.632 0.675
Feb 2023 0.641 0.687
Jan 2023 0.639 0.689
Dec 2022 0.628 0.683
Nov 2022 0.631 0.684
Oct 2022 0.634 0.686
Sep 2022 0.643 0.699
Aug 2022 0.643 0.7
Jul 2022 0.64 0.697
Jun 2022 0.64 0.697
May 2022 0.642 0.708
Apr 2022 0.637 0.711
Mar 2022 0.642 0.72
Feb 2022 0.628 0.714
Jan 2022 0.63 0.723
Dec 2021 0.622 0.72
Nov 2021 0.619 0.718
Oct 2021 0.6 0.7
Sep 2021 0.597 0.702
Aug 2021 0.589 0.694
Jul 2021 0.594 0.702
Jun 2021 0.595 0.706
May 2021 0.6 0.719
Apr 2021 0.604 0.73
Mar 2021 0.594 0.723
Feb 2021 0.59 0.724
Jan 2021 0.597 0.736
Dec 2020 0.572 0.708
Nov 2020 0.578 0.716
Oct 2020 0.577 0.715
Sep 2020 0.574 0.711
Aug 2020 0.576 0.715
Jul 2020 0.58 0.722
Jun 2020 0.588 0.736
May 2020 0.589 0.741
Apr 2020 0.581 0.731
Mar 2020 0.576 0.72
Feb 2020 0.574 0.716
Jan 2020 0.57 0.713
Dec 2019 0.573 0.719
Nov 2019 0.573 0.719
Oct 2019 0.573 0.718
Sep 2019 0.569 0.715
Aug 2019 0.578 0.727
Jul 2019 0.569 0.715
Jun 2019 0.574 0.723
May 2019 0.579 0.729
Apr 2019 0.567 0.716
Mar 2019 0.581 0.737
Feb 2019 0.571 0.729
Jan 2019 0.576 0.738
Dec 2018 0.577 0.741
Nov 2018 0.566 0.724
Oct 2018 0.574 0.732
Sep 2018 0.573 0.732
Aug 2018 0.569 0.728
Jul 2018 0.575 0.736
Jun 2018 0.575 0.736
May 2018 0.575 0.737
Apr 2018 0.578 0.744
Mar 2018 0.582 0.752
Feb 2018 0.574 0.744
Jan 2018 0.568 0.739
Dec 2017 0.558 0.73
Nov 2017 0.551 0.721
Oct 2017 0.548 0.717
Sep 2017 0.544 0.711
Aug 2017 0.561 0.737
Jul 2017 0.565 0.745
Jun 2017 0.572 0.753
May 2017 0.564 0.743
Apr 2017 0.571 0.753
Mar 2017 0.571 0.755
Feb 2017 0.573 0.759
Jan 2017 0.573 0.761
Dec 2016 0.576 0.77
Nov 2016 0.573 0.766
Oct 2016 0.57 0.761
Sep 2016 0.575 0.768
Aug 2016 0.562 0.753
Jul 2016 0.567 0.76
Jun 2016 0.569 0.762
May 2016 0.57 0.765
Apr 2016 0.574 0.774
Mar 2016 0.586 0.794
Feb 2016 0.573 0.779
Jan 2016 0.581 0.791
Dec 2015 0.58 0.791
Nov 2015 0.575 0.781
Oct 2015 0.577 0.783
Sep 2015 0.58 0.786
Aug 2015 0.58 0.785
Jul 2015 0.581 0.785
Jun 2015 0.574 0.776
May 2015 0.582 0.789
Apr 2015 0.597 0.814
Mar 2015 0.593 0.81
Feb 2015 0.591 0.812
Jan 2015 0.583 0.805
Dec 2014 0.585 0.804
Nov 2014 0.592 0.809
Oct 2014 0.582 0.791
Sep 2014 0.606 0.821
Aug 2014 0.608 0.825
Jul 2014 0.606 0.82
Jun 2014 0.607 0.821
May 2014 0.603 0.818
Apr 2014 0.597 0.812
Mar 2014 0.597 0.815
Feb 2014 0.599 0.823
Jan 2014 0.595 0.82
Dec 2013 0.592 0.819
Nov 2013 0.587 0.812
Oct 2013 0.586 0.809
Sep 2013 0.601 0.828
Aug 2013 0.595 0.821
Jul 2013 0.602 0.831
Jun 2013 0.603 0.833
May 2013 0.603 0.835
Apr 2013 0.597 0.828
Mar 2013 0.609 0.844
Feb 2013 0.611 0.849
Jan 2013 0.609 0.853
Dec 2012 0.606 0.851
Nov 2012 0.6 0.841
Oct 2012 0.602 0.839
Sep 2012 0.597 0.832
Aug 2012 0.595 0.833
Jul 2012 0.604 0.85
Jun 2012 0.605 0.85
May 2012 0.599 0.841
Apr 2012 0.603 0.845
Mar 2012 0.607 0.854
Feb 2012 0.603 0.854
Jan 2012 0.604 0.86
Dec 2011 0.599 0.856
Nov 2011 0.598 0.853
Oct 2011 0.607 0.865
Sep 2011 0.607 0.863
Aug 2011 0.606 0.863
Jul 2011 0.611 0.872
Jun 2011 0.614 0.877
May 2011 0.617 0.881
Apr 2011 0.621 0.891
Mar 2011 0.621 0.896
Feb 2011 0.625 0.911
Jan 2011 0.596 0.873
Dec 2010 0.587 0.864
Nov 2010 0.581 0.857
Oct 2010 0.58 0.855
Sep 2010 0.573 0.846
Aug 2010 0.576 0.851
Jul 2010 0.583 0.863
Jun 2010 0.577 0.854
May 2010 0.571 0.844
Apr 2010 0.58 0.858
Mar 2010 0.575 0.852
Feb 2010 0.587 0.874
Jan 2010 0.586 0.872
Dec 2009 0.571 0.853
Nov 2009 0.561 0.836
Oct 2009 0.598 0.892
Sep 2009 0.605 0.904
Aug 2009 0.611 0.913
Jul 2009 0.616 0.923
Jun 2009 0.617 0.923
May 2009 0.622 0.938
Apr 2009 0.629 0.951
Mar 2009 0.634 0.961
Feb 2009 0.641 0.974
Jan 2009 0.629 0.961
Dec 2008 0.617 0.947
Nov 2008 0.626 0.951
Oct 2008 0.629 0.937
Sep 2008 0.631 0.93
Aug 2008 0.634 0.933
Jul 2008 0.627 0.919
Jun 2008 0.633 0.933
May 2008 0.63 0.938
Apr 2008 0.627 0.941
Mar 2008 0.597 0.902
Feb 2008 0.54 0.823
Jan 2008 0.521 0.796
Dec 2007 0.525 0.806
Nov 2007 0.515 0.79
Oct 2007 0.508 0.784
Sep 2007 0.505 0.781
Aug 2007 0.506 0.785
Jul 2007 0.509 0.788
Jun 2007 0.512 0.793
May 2007 0.503 0.78
Apr 2007 0.517 0.807
Mar 2007 0.51 0.801
Feb 2007 0.507 0.804
Jan 2007 0.505 0.805
Dec 2006 0.499 0.798
Nov 2006 0.498 0.797
Oct 2006 0.489 0.782
Sep 2006 0.479 0.761
Aug 2006 0.492 0.778
Jul 2006 0.508 0.805
Jun 2006 0.511 0.812
May 2006 0.514 0.819
Apr 2006 0.508 0.813
Mar 2006 0.508 0.82
Feb 2006 0.508 0.825
Jan 2006 0.49 0.797
Dec 2005 0.482 0.79
Nov 2005 0.48 0.784
Oct 2005 0.491 0.795
Sep 2005 0.485 0.787
Aug 2005 0.487 0.8
Jul 2005 0.494 0.815
Jun 2005 0.493 0.818
May 2005 0.497 0.825
Apr 2005 0.503 0.834
Mar 2005 0.507 0.846
Feb 2005 0.502 0.844
Jan 2005 0.485 0.82
Dec 2004 0.474 0.803
Nov 2004 0.469 0.792
Oct 2004 0.485 0.819
Sep 2004 0.488 0.829
Aug 2004 0.507 0.863
Jul 2004 0.51 0.869
Jun 2004 0.498 0.847
May 2004 0.491 0.838
Apr 2004 0.505 0.866
Mar 2004 0.5 0.861
Feb 2004 0.504 0.873
Jan 2004 0.512 0.892
Dec 2003 0.504 0.882
Nov 2003 0.498 0.871
Oct 2003 0.49 0.854
Sep 2003 0.494 0.86
Aug 2003 0.514 0.898
Jul 2003 0.514 0.902
Jun 2003 0.521 0.915
May 2003 0.505 0.888
Apr 2003 0.517 0.907
Mar 2003 0.513 0.898
Feb 2003 0.508 0.895
Jan 2003 0.526 0.934
Dec 2002 0.504 0.899
Nov 2002 0.505 0.898
Oct 2002 0.504 0.897
Sep 2002 0.498 0.887
Aug 2002 0.499 0.891
Jul 2002 0.517 0.926
Jun 2002 0.512 0.918
May 2002 0.515 0.924
Apr 2002 0.504 0.904
Mar 2002 0.519 0.936
Feb 2002 0.504 0.914
Jan 2002 0.509 0.927
Dec 2001 0.505 0.922
Nov 2001 0.509 0.925
Oct 2001 0.503 0.913
Sep 2001 0.508 0.919
Aug 2001 0.519 0.943
Jul 2001 0.523 0.95
Jun 2001 0.506 0.917
May 2001 0.509 0.924
Apr 2001 0.492 0.897
Mar 2001 0.51 0.934
Feb 2001 0.496 0.91
Jan 2001 0.5 0.921
Dec 2000 0.487 0.903
Nov 2000 0.479 0.887
Oct 2000 0.496 0.919
Sep 2000 0.488 0.906
Aug 2000 0.49 0.915
Jul 2000 0.512 0.956
Jun 2000 0.506 0.947
May 2000 0.509 0.957
Apr 2000 0.51 0.96
Mar 2000 0.517 0.974
Feb 2000 0.528 1.003
Jan 2000 0.49 0.936
Dec 1999 0.494 0.947
Nov 1999 0.48 0.92
Oct 1999 0.471 0.903
Sep 1999 0.481 0.924
Aug 1999 0.49 0.946
Jul 1999 0.494 0.956
Jun 1999 0.502 0.974
May 1999 0.492 0.955
Apr 1999 0.482 0.935
Mar 1999 0.506 0.989
Feb 1999 0.509 0.998
Jan 1999 0.489 0.96
Dec 1998 0.51 1.004
Nov 1998 0.487 0.958
Oct 1998 0.47 0.924
Sep 1998 0.476 0.939
Aug 1998 0.489 0.965
Jul 1998 0.53 1.048
Jun 1998 0.507 1.003
May 1998 0.51 1.01
Apr 1998 0.511 1.014
Mar 1998 0.475 0.945
Feb 1998 0.489 0.974
Jan 1998 0.473 0.944
Dec 1997 0.461 0.922
Nov 1997 0.468 0.935
Oct 1997 0.459 0.916
Sep 1997 0.458 0.916
Aug 1997 0.475 0.953
Jul 1997 0.487 0.979
Jun 1997 0.488 0.982
May 1997 0.484 0.975
Apr 1997 0.512 1.031
Mar 1997 0.532 1.073
Feb 1997 0.518 1.047
Jan 1997 0.497 1.008
Dec 1996 0.481 0.978
Nov 1996 0.477 0.97
Oct 1996 0.465 0.948
Sep 1996 0.458 0.936
Aug 1996 0.478 0.98
Jul 1996 0.498 1.023
Jun 1996 0.498 1.025
May 1996 0.512 1.055
Apr 1996 0.505 1.042
Mar 1996 0.539 1.117
Feb 1996 0.501 1.043
Jan 1996 0.463 0.967
Dec 1995 0.454 0.954
Nov 1995 0.462 0.97
Oct 1995 0.471 0.988
Sep 1995 0.49 1.032
Aug 1995 0.512 1.08
Jul 1995 0.522 1.104
Jun 1995 0.49 1.036
May 1995 0.483 1.024
Apr 1995 0.485 1.03
Mar 1995 0.508 1.082
Feb 1995 0.496 1.06
Jan 1995 0.503 1.079
Dec 1994 0.458 0.987
Nov 1994 0.434 0.935
Oct 1994 0.43 0.928
Sep 1994 0.453 0.978
Aug 1994 0.48 1.039
Jul 1994 0.452 0.982
Jun 1994 0.447 0.974
May 1994 0.469 1.026
Apr 1994 0.469 1.026
Mar 1994 0.5 1.096
Feb 1994 0.514 1.13
Jan 1994 0.44 0.971
Dec 1993 0.414 0.916
Nov 1993 0.404 0.894
Oct 1993 0.405 0.897
Sep 1993 0.395 0.878
Aug 1993 0.422 0.94
Jul 1993 0.448 1.001
Jun 1993 0.446 0.996
May 1993 0.472 1.056
Apr 1993 0.483 1.082
Mar 1993 0.475 1.067
Feb 1993 0.475 1.071
Jan 1993 0.426 0.964
Dec 1992 0.404 0.918
Nov 1992 0.422 0.959
Oct 1992 0.442 1.005
Sep 1992 0.459 1.048
Aug 1992 0.509 1.165
Jul 1992 0.431 0.989
Jun 1992 0.463 1.065
May 1992 0.445 1.027
Apr 1992 0.484 1.119
Mar 1992 0.517 1.197
Feb 1992 0.493 1.147
Jan 1992 0.428 1
Dec 1991 0.419 0.98
Nov 1991 0.431 1.009
Oct 1991 0.395 0.927
Sep 1991 0.432 1.016
Aug 1991 0.416 0.982
Jul 1991 0.516 1.222
Jun 1991 0.532 1.262
May 1991 0.584 1.389
Apr 1991 0.547 1.305
Mar 1991 0.577 1.379
Feb 1991 0.485 1.161
Jan 1991 0.438 1.05
Dec 1990 0.43 1.037
Nov 1990 0.429 1.034
Oct 1990 0.432 1.044
Sep 1990 0.465 1.13
Aug 1990 0.463 1.135
Jul 1990 0.529 1.309
Jun 1990 0.447 1.11
May 1990 0.462 1.153
Apr 1990 0.481 1.204
Mar 1990 0.5 1.253
Feb 1990 0.492 1.24
Jan 1990 0.429 1.086
Dec 1989 0.416 1.064
Nov 1989 0.435 1.114
Oct 1989 0.432 1.109
Sep 1989 0.428 1.104
Aug 1989 0.434 1.124
Jul 1989 0.456 1.182
Jun 1989 0.479 1.245
May 1989 0.522 1.36
Apr 1989 0.523 1.37
Mar 1989 0.45 1.187
Feb 1989 0.415 1.101
Jan 1989 0.394 1.049
Dec 1988 0.407 1.089
Nov 1988 0.423 1.134
Oct 1988 0.421 1.13
Sep 1988 0.389 1.047
Aug 1988 0.397 1.076
Jul 1988 0.433 1.179
Jun 1988 0.501 1.37
May 1988 0.422 1.158
Apr 1988 0.423 1.165
Mar 1988 0.413 1.143
Feb 1988 0.415 1.154
Jan 1988 0.374 1.043
Dec 1987 0.375 1.048
Nov 1987 0.343 0.959
Oct 1987 0.346 0.968
Sep 1987 0.363 1.018
Aug 1987 0.367 1.035
Jul 1987 0.35 0.992
Jun 1987 0.39 1.108
May 1987 0.357 1.018
Apr 1987 0.381 1.09
Mar 1987 0.376 1.082
Dec 1986 0.333 0.972
Nov 1986 0.371 1.084
Oct 1986 0.372 1.088
Sep 1986 0.384 1.124
Aug 1986 0.369 1.085
Jul 1986 0.371 1.093
Jun 1986 0.376 1.108
May 1986 0.461 1.365
Apr 1986 0.464 1.378
Mar 1986 0.402 1.192
Feb 1986 0.378 1.116
Jan 1986 0.337 0.992
Dec 1985 0.321 0.947
Nov 1985 0.316 0.935
Oct 1985 0.346 1.027
Sep 1985 0.376 1.12
Aug 1985 0.361 1.078
Jul 1985 0.348 1.041
Jun 1985 0.399 1.196
May 1985 0.392 1.178
Apr 1985 0.422 1.273
Mar 1985 0.394 1.194
Feb 1985 0.378 1.15
Jan 1985 0.35 1.07
Dec 1984 0.317 0.971
Nov 1984 0.333 1.02
Oct 1984 0.341 1.045
Sep 1984 0.35 1.075
Aug 1984 0.362 1.117
Jul 1984 0.386 1.196
Jun 1984 0.391 1.216
May 1984 0.354 1.104
Apr 1984 0.389 1.217
Mar 1984 0.373 1.173
Feb 1984 0.373 1.175
Jan 1984 0.344 1.089
Dec 1983 0.315 1.003
Nov 1983 0.327 1.042
Oct 1983 0.385 1.23
Sep 1983 0.394 1.262
Aug 1983 0.403 1.297
Jul 1983 0.462 1.492
Jun 1983 0.449 1.456
May 1983 0.438 1.424
Apr 1983 0.416 1.361
Mar 1983 0.357 1.176
Feb 1983 0.352 1.16
Jan 1983 0.332 1.095
Dec 1982 0.337 1.114
Nov 1982 0.344 1.132
Oct 1982 0.317 1.041
Sep 1982 0.343 1.13
Aug 1982 0.332 1.096
Jul 1982 0.344 1.138
Jun 1982 0.381 1.267
May 1982 0.372 1.253
Apr 1982 0.38 1.292
Mar 1982 0.373 1.273
Feb 1982 0.359 1.224
Jan 1982 0.364 1.245
Dec 1981 0.364 1.249
Nov 1981 0.355 1.222
Oct 1981 0.364 1.257
Sep 1981 0.358 1.239
Aug 1981 0.351 1.227
Jul 1981 0.341 1.201
Jun 1981 0.369 1.314
May 1981 0.379 1.361
Apr 1981 0.377 1.365
Mar 1981 0.377 1.374
Feb 1981 0.366 1.343
Jan 1981 0.343 1.272
Dec 1980 0.349 1.304
Nov 1980 0.339 1.279
Oct 1980 0.335 1.274
Sep 1980 0.335 1.286
Aug 1980 0.335 1.297
Jul 1980 0.332 1.295
Jun 1980 0.348 1.357
May 1980 0.357 1.408
Apr 1980 0.353 1.406
Mar 1980 0.355 1.43
Feb 1980 0.345 1.41
Jan 1980 0.319 1.323

About the Data

The US Average Bananas Price represents the average cost of a pound of fresh bananas in urban areas across the United States, collected and published by the U.S. Bureau of Labor Statistics (BLS).

To present a clearer picture of banana price trends, all historical prices have been adjusted for inflation using the Consumer Price Index for All Urban Consumers (CPI-U). Although a specialized "Food" CPI category exists, our analysis uses the broader CPI-U to show how banana prices have performed relative to overall consumer spending. This approach helps illustrate whether this popular fruit has become more affordable or more expensive compared to other typical household purchases over the decades.

This data serves both consumers interested in understanding their grocery budgets and economists studying agricultural commodity trends. The inflation-adjusted figures provide valuable historical context about this staple fruit's changing economic value throughout American markets.