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 March 2026 (our latest available CPI data baseline).

Key Takeaways
  • The latest average price for a pound of bananas was $0.657, in March 2026.
  • In January 1980, the nominal price was $0.319, which is equivalent to $1.354 in today's dollars.
  • Since January 1980, the inflation-adjusted price has fallen 51.48%, an average decline of -1.55% per year.
  • The peak inflation-adjusted price was $1.527, 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
Mar 2026 0.657 0.657
Feb 2026 0.653 0.66
Jan 2026 0.653 0.663
Dec 2025 0.656 0.668
Nov 2025 0.664 0.676
Sep 2025 0.67 0.681
Aug 2025 0.666 0.679
Jul 2025 0.657 0.672
Jun 2025 0.654 0.67
May 2025 0.655 0.673
Apr 2025 0.635 0.654
Mar 2025 0.625 0.645
Feb 2025 0.619 0.641
Jan 2025 0.621 0.646
Dec 2024 0.615 0.643
Nov 2024 0.622 0.651
Oct 2024 0.619 0.648
Sep 2024 0.617 0.646
Aug 2024 0.612 0.642
Jul 2024 0.613 0.644
Jun 2024 0.625 0.657
May 2024 0.622 0.654
Apr 2024 0.626 0.659
Mar 2024 0.629 0.665
Feb 2024 0.625 0.665
Jan 2024 0.617 0.661
Dec 2023 0.625 0.673
Nov 2023 0.627 0.674
Oct 2023 0.626 0.672
Sep 2023 0.625 0.671
Aug 2023 0.631 0.679
Jul 2023 0.631 0.682
Jun 2023 0.625 0.676
May 2023 0.628 0.682
Apr 2023 0.635 0.691
Mar 2023 0.632 0.691
Feb 2023 0.641 0.704
Jan 2023 0.639 0.705
Dec 2022 0.628 0.699
Nov 2022 0.631 0.7
Oct 2022 0.634 0.703
Sep 2022 0.643 0.715
Aug 2022 0.643 0.717
Jul 2022 0.64 0.713
Jun 2022 0.64 0.713
May 2022 0.642 0.725
Apr 2022 0.637 0.728
Mar 2022 0.642 0.737
Feb 2022 0.628 0.731
Jan 2022 0.63 0.74
Dec 2021 0.622 0.737
Nov 2021 0.619 0.735
Oct 2021 0.6 0.716
Sep 2021 0.597 0.719
Aug 2021 0.589 0.711
Jul 2021 0.594 0.718
Jun 2021 0.595 0.723
May 2021 0.6 0.736
Apr 2021 0.604 0.747
Mar 2021 0.594 0.741
Feb 2021 0.59 0.741
Jan 2021 0.597 0.754
Dec 2020 0.572 0.725
Nov 2020 0.578 0.733
Oct 2020 0.577 0.732
Sep 2020 0.574 0.728
Aug 2020 0.576 0.732
Jul 2020 0.58 0.739
Jun 2020 0.588 0.753
May 2020 0.589 0.759
Apr 2020 0.581 0.748
Mar 2020 0.576 0.737
Feb 2020 0.574 0.733
Jan 2020 0.57 0.73
Dec 2019 0.573 0.736
Nov 2019 0.573 0.736
Oct 2019 0.573 0.735
Sep 2019 0.569 0.732
Aug 2019 0.578 0.744
Jul 2019 0.569 0.732
Jun 2019 0.574 0.74
May 2019 0.579 0.747
Apr 2019 0.567 0.733
Mar 2019 0.581 0.755
Feb 2019 0.571 0.746
Jan 2019 0.576 0.756
Dec 2018 0.577 0.758
Nov 2018 0.566 0.742
Oct 2018 0.574 0.75
Sep 2018 0.573 0.75
Aug 2018 0.569 0.745
Jul 2018 0.575 0.753
Jun 2018 0.575 0.753
May 2018 0.575 0.755
Apr 2018 0.578 0.762
Mar 2018 0.582 0.77
Feb 2018 0.574 0.761
Jan 2018 0.568 0.757
Dec 2017 0.558 0.747
Nov 2017 0.551 0.738
Oct 2017 0.548 0.734
Sep 2017 0.544 0.728
Aug 2017 0.561 0.755
Jul 2017 0.565 0.762
Jun 2017 0.572 0.771
May 2017 0.564 0.761
Apr 2017 0.571 0.771
Mar 2017 0.571 0.773
Feb 2017 0.573 0.777
Jan 2017 0.573 0.779
Dec 2016 0.576 0.788
Nov 2016 0.573 0.784
Oct 2016 0.57 0.779
Sep 2016 0.575 0.786
Aug 2016 0.562 0.771
Jul 2016 0.567 0.778
Jun 2016 0.569 0.78
May 2016 0.57 0.784
Apr 2016 0.574 0.792
Mar 2016 0.586 0.813
Feb 2016 0.573 0.798
Jan 2016 0.581 0.81
Dec 2015 0.58 0.81
Nov 2015 0.575 0.8
Oct 2015 0.577 0.801
Sep 2015 0.58 0.805
Aug 2015 0.58 0.804
Jul 2015 0.581 0.804
Jun 2015 0.574 0.794
May 2015 0.582 0.808
Apr 2015 0.597 0.833
Mar 2015 0.593 0.829
Feb 2015 0.591 0.831
Jan 2015 0.583 0.824
Dec 2014 0.585 0.823
Nov 2014 0.592 0.828
Oct 2014 0.582 0.809
Sep 2014 0.606 0.841
Aug 2014 0.608 0.844
Jul 2014 0.606 0.84
Jun 2014 0.607 0.841
May 2014 0.603 0.837
Apr 2014 0.597 0.832
Mar 2014 0.597 0.834
Feb 2014 0.599 0.842
Jan 2014 0.595 0.84
Dec 2013 0.592 0.839
Nov 2013 0.587 0.832
Oct 2013 0.586 0.829
Sep 2013 0.601 0.848
Aug 2013 0.595 0.84
Jul 2013 0.602 0.851
Jun 2013 0.603 0.853
May 2013 0.603 0.855
Apr 2013 0.597 0.848
Mar 2013 0.609 0.864
Feb 2013 0.611 0.869
Jan 2013 0.609 0.873
Dec 2012 0.606 0.872
Nov 2012 0.6 0.861
Oct 2012 0.602 0.859
Sep 2012 0.597 0.852
Aug 2012 0.595 0.853
Jul 2012 0.604 0.871
Jun 2012 0.605 0.871
May 2012 0.599 0.861
Apr 2012 0.603 0.865
Mar 2012 0.607 0.874
Feb 2012 0.603 0.875
Jan 2012 0.604 0.88
Dec 2011 0.599 0.876
Nov 2011 0.598 0.873
Oct 2011 0.607 0.885
Sep 2011 0.607 0.883
Aug 2011 0.606 0.883
Jul 2011 0.611 0.893
Jun 2011 0.614 0.898
May 2011 0.617 0.902
Apr 2011 0.621 0.912
Mar 2011 0.621 0.918
Feb 2011 0.625 0.933
Jan 2011 0.596 0.894
Dec 2010 0.587 0.884
Nov 2010 0.581 0.877
Oct 2010 0.58 0.876
Sep 2010 0.573 0.866
Aug 2010 0.576 0.871
Jul 2010 0.583 0.883
Jun 2010 0.577 0.874
May 2010 0.571 0.864
Apr 2010 0.58 0.879
Mar 2010 0.575 0.872
Feb 2010 0.587 0.894
Jan 2010 0.586 0.893
Dec 2009 0.571 0.873
Nov 2009 0.561 0.856
Oct 2009 0.598 0.913
Sep 2009 0.605 0.925
Aug 2009 0.611 0.935
Jul 2009 0.616 0.945
Jun 2009 0.617 0.945
May 2009 0.622 0.96
Apr 2009 0.629 0.974
Mar 2009 0.634 0.984
Feb 2009 0.641 0.998
Jan 2009 0.629 0.984
Dec 2008 0.617 0.969
Nov 2008 0.626 0.973
Oct 2008 0.629 0.959
Sep 2008 0.631 0.952
Aug 2008 0.634 0.956
Jul 2008 0.627 0.941
Jun 2008 0.633 0.955
May 2008 0.63 0.96
Apr 2008 0.627 0.964
Mar 2008 0.597 0.923
Feb 2008 0.54 0.842
Jan 2008 0.521 0.815
Dec 2007 0.525 0.825
Nov 2007 0.515 0.809
Oct 2007 0.508 0.803
Sep 2007 0.505 0.8
Aug 2007 0.506 0.804
Jul 2007 0.509 0.807
Jun 2007 0.512 0.811
May 2007 0.503 0.799
Apr 2007 0.517 0.826
Mar 2007 0.51 0.82
Feb 2007 0.507 0.823
Jan 2007 0.505 0.824
Dec 2006 0.499 0.817
Nov 2006 0.498 0.816
Oct 2006 0.489 0.8
Sep 2006 0.479 0.78
Aug 2006 0.492 0.797
Jul 2006 0.508 0.824
Jun 2006 0.511 0.832
May 2006 0.514 0.838
Apr 2006 0.508 0.832
Mar 2006 0.508 0.84
Feb 2006 0.508 0.844
Jan 2006 0.49 0.816
Dec 2005 0.482 0.809
Nov 2005 0.48 0.802
Oct 2005 0.491 0.814
Sep 2005 0.485 0.806
Aug 2005 0.487 0.819
Jul 2005 0.494 0.835
Jun 2005 0.493 0.837
May 2005 0.497 0.844
Apr 2005 0.503 0.854
Mar 2005 0.507 0.866
Feb 2005 0.502 0.864
Jan 2005 0.485 0.84
Dec 2004 0.474 0.822
Nov 2004 0.469 0.811
Oct 2004 0.485 0.839
Sep 2004 0.488 0.849
Aug 2004 0.507 0.883
Jul 2004 0.51 0.889
Jun 2004 0.498 0.867
May 2004 0.491 0.857
Apr 2004 0.505 0.887
Mar 2004 0.5 0.881
Feb 2004 0.504 0.894
Jan 2004 0.512 0.913
Dec 2003 0.504 0.903
Nov 2003 0.498 0.891
Oct 2003 0.49 0.875
Sep 2003 0.494 0.881
Aug 2003 0.514 0.919
Jul 2003 0.514 0.923
Jun 2003 0.521 0.937
May 2003 0.505 0.909
Apr 2003 0.517 0.929
Mar 2003 0.513 0.92
Feb 2003 0.508 0.916
Jan 2003 0.526 0.956
Dec 2002 0.504 0.92
Nov 2002 0.505 0.92
Oct 2002 0.504 0.918
Sep 2002 0.498 0.909
Aug 2002 0.499 0.912
Jul 2002 0.517 0.948
Jun 2002 0.512 0.94
May 2002 0.515 0.946
Apr 2002 0.504 0.926
Mar 2002 0.519 0.959
Feb 2002 0.504 0.936
Jan 2002 0.509 0.949
Dec 2001 0.505 0.944
Nov 2001 0.509 0.947
Oct 2001 0.503 0.935
Sep 2001 0.508 0.941
Aug 2001 0.519 0.966
Jul 2001 0.523 0.973
Jun 2001 0.506 0.939
May 2001 0.509 0.946
Apr 2001 0.492 0.918
Mar 2001 0.51 0.956
Feb 2001 0.496 0.932
Jan 2001 0.5 0.943
Dec 2000 0.487 0.924
Nov 2000 0.479 0.909
Oct 2000 0.496 0.941
Sep 2000 0.488 0.928
Aug 2000 0.49 0.936
Jul 2000 0.512 0.978
Jun 2000 0.506 0.969
May 2000 0.509 0.98
Apr 2000 0.51 0.983
Mar 2000 0.517 0.997
Feb 2000 0.528 1.027
Jan 2000 0.49 0.959
Dec 1999 0.494 0.969
Nov 1999 0.48 0.942
Oct 1999 0.471 0.925
Sep 1999 0.481 0.946
Aug 1999 0.49 0.968
Jul 1999 0.494 0.979
Jun 1999 0.502 0.997
May 1999 0.492 0.978
Apr 1999 0.482 0.958
Mar 1999 0.506 1.013
Feb 1999 0.509 1.022
Jan 1999 0.489 0.983
Dec 1998 0.51 1.028
Nov 1998 0.487 0.981
Oct 1998 0.47 0.946
Sep 1998 0.476 0.961
Aug 1998 0.489 0.988
Jul 1998 0.53 1.072
Jun 1998 0.507 1.027
May 1998 0.51 1.034
Apr 1998 0.511 1.038
Mar 1998 0.475 0.967
Feb 1998 0.489 0.997
Jan 1998 0.473 0.967
Dec 1997 0.461 0.944
Nov 1997 0.468 0.957
Oct 1997 0.459 0.938
Sep 1997 0.458 0.938
Aug 1997 0.475 0.975
Jul 1997 0.487 1.002
Jun 1997 0.488 1.005
May 1997 0.484 0.998
Apr 1997 0.512 1.055
Mar 1997 0.532 1.098
Feb 1997 0.518 1.072
Jan 1997 0.497 1.032
Dec 1996 0.481 1.001
Nov 1996 0.477 0.993
Oct 1996 0.465 0.97
Sep 1996 0.458 0.958
Aug 1996 0.478 1.003
Jul 1996 0.498 1.047
Jun 1996 0.498 1.049
May 1996 0.512 1.08
Apr 1996 0.505 1.067
Mar 1996 0.539 1.143
Feb 1996 0.501 1.068
Jan 1996 0.463 0.99
Dec 1995 0.454 0.977
Nov 1995 0.462 0.993
Oct 1995 0.471 1.012
Sep 1995 0.49 1.056
Aug 1995 0.512 1.106
Jul 1995 0.522 1.13
Jun 1995 0.49 1.061
May 1995 0.483 1.048
Apr 1995 0.485 1.054
Mar 1995 0.508 1.108
Feb 1995 0.496 1.085
Jan 1995 0.503 1.105
Dec 1994 0.458 1.01
Nov 1994 0.434 0.957
Oct 1994 0.43 0.95
Sep 1994 0.453 1.001
Aug 1994 0.48 1.064
Jul 1994 0.452 1.006
Jun 1994 0.447 0.997
May 1994 0.469 1.05
Apr 1994 0.469 1.051
Mar 1994 0.5 1.122
Feb 1994 0.514 1.157
Jan 1994 0.44 0.994
Dec 1993 0.414 0.938
Nov 1993 0.404 0.915
Oct 1993 0.405 0.918
Sep 1993 0.395 0.899
Aug 1993 0.422 0.962
Jul 1993 0.448 1.024
Jun 1993 0.446 1.02
May 1993 0.472 1.081
Apr 1993 0.483 1.108
Mar 1993 0.475 1.092
Feb 1993 0.475 1.096
Jan 1993 0.426 0.986
Dec 1992 0.404 0.94
Nov 1992 0.422 0.981
Oct 1992 0.442 1.029
Sep 1992 0.459 1.073
Aug 1992 0.509 1.193
Jul 1992 0.431 1.013
Jun 1992 0.463 1.091
May 1992 0.445 1.052
Apr 1992 0.484 1.146
Mar 1992 0.517 1.226
Feb 1992 0.493 1.175
Jan 1992 0.428 1.023
Dec 1991 0.419 1.003
Nov 1991 0.431 1.033
Oct 1991 0.395 0.949
Sep 1991 0.432 1.04
Aug 1991 0.416 1.006
Jul 1991 0.516 1.251
Jun 1991 0.532 1.292
May 1991 0.584 1.422
Apr 1991 0.547 1.336
Mar 1991 0.577 1.411
Feb 1991 0.485 1.188
Jan 1991 0.438 1.075
Dec 1990 0.43 1.061
Nov 1990 0.429 1.059
Oct 1990 0.432 1.069
Sep 1990 0.465 1.157
Aug 1990 0.463 1.162
Jul 1990 0.529 1.34
Jun 1990 0.447 1.136
May 1990 0.462 1.181
Apr 1990 0.481 1.232
Mar 1990 0.5 1.283
Feb 1990 0.492 1.269
Jan 1990 0.429 1.112
Dec 1989 0.416 1.089
Nov 1989 0.435 1.141
Oct 1989 0.432 1.136
Sep 1989 0.428 1.131
Aug 1989 0.434 1.15
Jul 1989 0.456 1.21
Jun 1989 0.479 1.275
May 1989 0.522 1.392
Apr 1989 0.523 1.403
Mar 1989 0.45 1.215
Feb 1989 0.415 1.127
Jan 1989 0.394 1.074
Dec 1988 0.407 1.115
Nov 1988 0.423 1.161
Oct 1988 0.421 1.157
Sep 1988 0.389 1.072
Aug 1988 0.397 1.102
Jul 1988 0.433 1.207
Jun 1988 0.501 1.402
May 1988 0.422 1.186
Apr 1988 0.423 1.193
Mar 1988 0.413 1.171
Feb 1988 0.415 1.181
Jan 1988 0.374 1.067
Dec 1987 0.375 1.073
Nov 1987 0.343 0.981
Oct 1987 0.346 0.991
Sep 1987 0.363 1.042
Aug 1987 0.367 1.059
Jul 1987 0.35 1.016
Jun 1987 0.39 1.135
May 1987 0.357 1.042
Apr 1987 0.381 1.116
Mar 1987 0.376 1.108
Dec 1986 0.333 0.995
Nov 1986 0.371 1.11
Oct 1986 0.372 1.114
Sep 1986 0.384 1.151
Aug 1986 0.369 1.111
Jul 1986 0.371 1.119
Jun 1986 0.376 1.134
May 1986 0.461 1.398
Apr 1986 0.464 1.411
Mar 1986 0.402 1.22
Feb 1986 0.378 1.142
Jan 1986 0.337 1.015
Dec 1985 0.321 0.97
Nov 1985 0.316 0.957
Oct 1985 0.346 1.051
Sep 1985 0.376 1.146
Aug 1985 0.361 1.104
Jul 1985 0.348 1.066
Jun 1985 0.399 1.224
May 1985 0.392 1.206
Apr 1985 0.422 1.304
Mar 1985 0.394 1.223
Feb 1985 0.378 1.178
Jan 1985 0.35 1.095
Dec 1984 0.317 0.994
Nov 1984 0.333 1.044
Oct 1984 0.341 1.069
Sep 1984 0.35 1.101
Aug 1984 0.362 1.144
Jul 1984 0.386 1.224
Jun 1984 0.391 1.245
May 1984 0.354 1.131
Apr 1984 0.389 1.246
Mar 1984 0.373 1.2
Feb 1984 0.373 1.203
Jan 1984 0.344 1.115
Dec 1983 0.315 1.027
Nov 1983 0.327 1.067
Oct 1983 0.385 1.259
Sep 1983 0.394 1.292
Aug 1983 0.403 1.328
Jul 1983 0.462 1.527
Jun 1983 0.449 1.49
May 1983 0.438 1.458
Apr 1983 0.416 1.393
Mar 1983 0.357 1.204
Feb 1983 0.352 1.187
Jan 1983 0.332 1.121
Dec 1982 0.337 1.14
Nov 1982 0.344 1.159
Oct 1982 0.317 1.066
Sep 1982 0.343 1.157
Aug 1982 0.332 1.122
Jul 1982 0.344 1.165
Jun 1982 0.381 1.297
May 1982 0.372 1.282
Apr 1982 0.38 1.322
Mar 1982 0.373 1.303
Feb 1982 0.359 1.253
Jan 1982 0.364 1.275
Dec 1981 0.364 1.279
Nov 1981 0.355 1.251
Oct 1981 0.364 1.287
Sep 1981 0.358 1.268
Aug 1981 0.351 1.256
Jul 1981 0.341 1.229
Jun 1981 0.369 1.345
May 1981 0.379 1.394
Apr 1981 0.377 1.397
Mar 1981 0.377 1.407
Feb 1981 0.366 1.375
Jan 1981 0.343 1.302
Dec 1980 0.349 1.335
Nov 1980 0.339 1.309
Oct 1980 0.335 1.304
Sep 1980 0.335 1.317
Aug 1980 0.335 1.328
Jul 1980 0.332 1.326
Jun 1980 0.348 1.39
May 1980 0.357 1.441
Apr 1980 0.353 1.439
Mar 1980 0.355 1.463
Feb 1980 0.345 1.444
Jan 1980 0.319 1.354

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.