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 May 2026 (our latest available CPI data baseline).

Key Takeaways

The latest average price for a pound of bananas was $0.646, in May 2026.
In January 1980, the nominal price was $0.319, which is equivalent to $1.374 in today's dollars.
Since January 1980, the inflation-adjusted price has fallen 52.99%, an average decline of -1.62% per year.
The peak inflation-adjusted price was $1.55, 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
May 2026	0.646	0.646
Apr 2026	0.654	0.658
Mar 2026	0.657	0.667
Feb 2026	0.653	0.67
Jan 2026	0.653	0.673
Dec 2025	0.656	0.678
Nov 2025	0.664	0.687
Sep 2025	0.67	0.691
Aug 2025	0.666	0.689
Jul 2025	0.657	0.682
Jun 2025	0.654	0.679
May 2025	0.655	0.683
Apr 2025	0.635	0.663
Mar 2025	0.625	0.655
Feb 2025	0.619	0.65
Jan 2025	0.621	0.655
Dec 2024	0.615	0.653
Nov 2024	0.622	0.661
Oct 2024	0.619	0.657
Sep 2024	0.617	0.656
Aug 2024	0.612	0.652
Jul 2024	0.613	0.653
Jun 2024	0.625	0.667
May 2024	0.622	0.664
Apr 2024	0.626	0.669
Mar 2024	0.629	0.675
Feb 2024	0.625	0.675
Jan 2024	0.617	0.67
Dec 2023	0.625	0.683
Nov 2023	0.627	0.684
Oct 2023	0.626	0.682
Sep 2023	0.625	0.681
Aug 2023	0.631	0.689
Jul 2023	0.631	0.692
Jun 2023	0.625	0.686
May 2023	0.628	0.692
Apr 2023	0.635	0.701
Mar 2023	0.632	0.702
Feb 2023	0.641	0.714
Jan 2023	0.639	0.716
Dec 2022	0.628	0.709
Nov 2022	0.631	0.71
Oct 2022	0.634	0.713
Sep 2022	0.643	0.726
Aug 2022	0.643	0.728
Jul 2022	0.64	0.724
Jun 2022	0.64	0.724
May 2022	0.642	0.736
Apr 2022	0.637	0.738
Mar 2022	0.642	0.748
Feb 2022	0.628	0.742
Jan 2022	0.63	0.751
Dec 2021	0.622	0.748
Nov 2021	0.619	0.746
Oct 2021	0.6	0.727
Sep 2021	0.597	0.729
Aug 2021	0.589	0.722
Jul 2021	0.594	0.729
Jun 2021	0.595	0.734
May 2021	0.6	0.747
Apr 2021	0.604	0.758
Mar 2021	0.594	0.752
Feb 2021	0.59	0.752
Jan 2021	0.597	0.765
Dec 2020	0.572	0.736
Nov 2020	0.578	0.744
Oct 2020	0.577	0.743
Sep 2020	0.574	0.739
Aug 2020	0.576	0.743
Jul 2020	0.58	0.75
Jun 2020	0.588	0.764
May 2020	0.589	0.77
Apr 2020	0.581	0.759
Mar 2020	0.576	0.748
Feb 2020	0.574	0.744
Jan 2020	0.57	0.74
Dec 2019	0.573	0.747
Nov 2019	0.573	0.747
Oct 2019	0.573	0.746
Sep 2019	0.569	0.743
Aug 2019	0.578	0.755
Jul 2019	0.569	0.743
Jun 2019	0.574	0.751
May 2019	0.579	0.758
Apr 2019	0.567	0.744
Mar 2019	0.581	0.766
Feb 2019	0.571	0.757
Jan 2019	0.576	0.767
Dec 2018	0.577	0.77
Nov 2018	0.566	0.753
Oct 2018	0.574	0.761
Sep 2018	0.573	0.761
Aug 2018	0.569	0.756
Jul 2018	0.575	0.765
Jun 2018	0.575	0.765
May 2018	0.575	0.766
Apr 2018	0.578	0.773
Mar 2018	0.582	0.782
Feb 2018	0.574	0.773
Jan 2018	0.568	0.768
Dec 2017	0.558	0.759
Nov 2017	0.551	0.749
Oct 2017	0.548	0.745
Sep 2017	0.544	0.739
Aug 2017	0.561	0.766
Jul 2017	0.565	0.774
Jun 2017	0.572	0.783
May 2017	0.564	0.772
Apr 2017	0.571	0.783
Mar 2017	0.571	0.785
Feb 2017	0.573	0.788
Jan 2017	0.573	0.791
Dec 2016	0.576	0.8
Nov 2016	0.573	0.796
Oct 2016	0.57	0.79
Sep 2016	0.575	0.798
Aug 2016	0.562	0.782
Jul 2016	0.567	0.79
Jun 2016	0.569	0.791
May 2016	0.57	0.795
Apr 2016	0.574	0.804
Mar 2016	0.586	0.825
Feb 2016	0.573	0.81
Jan 2016	0.581	0.822
Dec 2015	0.58	0.822
Nov 2015	0.575	0.812
Oct 2015	0.577	0.813
Sep 2015	0.58	0.817
Aug 2015	0.58	0.816
Jul 2015	0.581	0.816
Jun 2015	0.574	0.806
May 2015	0.582	0.82
Apr 2015	0.597	0.846
Mar 2015	0.593	0.842
Feb 2015	0.591	0.844
Jan 2015	0.583	0.836
Dec 2014	0.585	0.835
Nov 2014	0.592	0.84
Oct 2014	0.582	0.821
Sep 2014	0.606	0.853
Aug 2014	0.608	0.857
Jul 2014	0.606	0.852
Jun 2014	0.607	0.853
May 2014	0.603	0.849
Apr 2014	0.597	0.844
Mar 2014	0.597	0.847
Feb 2014	0.599	0.855
Jan 2014	0.595	0.852
Dec 2013	0.592	0.851
Nov 2013	0.587	0.844
Oct 2013	0.586	0.841
Sep 2013	0.601	0.86
Aug 2013	0.595	0.853
Jul 2013	0.602	0.864
Jun 2013	0.603	0.865
May 2013	0.603	0.867
Apr 2013	0.597	0.86
Mar 2013	0.609	0.877
Feb 2013	0.611	0.882
Jan 2013	0.609	0.886
Dec 2012	0.606	0.885
Nov 2012	0.6	0.873
Oct 2012	0.602	0.872
Sep 2012	0.597	0.865
Aug 2012	0.595	0.866
Jul 2012	0.604	0.884
Jun 2012	0.605	0.884
May 2012	0.599	0.873
Apr 2012	0.603	0.878
Mar 2012	0.607	0.887
Feb 2012	0.603	0.888
Jan 2012	0.604	0.893
Dec 2011	0.599	0.89
Nov 2011	0.598	0.886
Oct 2011	0.607	0.898
Sep 2011	0.607	0.897
Aug 2011	0.606	0.896
Jul 2011	0.611	0.906
Jun 2011	0.614	0.912
May 2011	0.617	0.915
Apr 2011	0.621	0.925
Mar 2011	0.621	0.931
Feb 2011	0.625	0.946
Jan 2011	0.596	0.907
Dec 2010	0.587	0.898
Nov 2010	0.581	0.89
Oct 2010	0.58	0.889
Sep 2010	0.573	0.879
Aug 2010	0.576	0.884
Jul 2010	0.583	0.896
Jun 2010	0.577	0.887
May 2010	0.571	0.877
Apr 2010	0.58	0.892
Mar 2010	0.575	0.885
Feb 2010	0.587	0.908
Jan 2010	0.586	0.906
Dec 2009	0.571	0.886
Nov 2009	0.561	0.869
Oct 2009	0.598	0.927
Sep 2009	0.605	0.939
Aug 2009	0.611	0.949
Jul 2009	0.616	0.959
Jun 2009	0.617	0.959
May 2009	0.622	0.975
Apr 2009	0.629	0.989
Mar 2009	0.634	0.999
Feb 2009	0.641	1.012
Jan 2009	0.629	0.998
Dec 2008	0.617	0.984
Nov 2008	0.626	0.988
Oct 2008	0.629	0.973
Sep 2008	0.631	0.967
Aug 2008	0.634	0.97
Jul 2008	0.627	0.955
Jun 2008	0.633	0.969
May 2008	0.63	0.975
Apr 2008	0.627	0.978
Mar 2008	0.597	0.937
Feb 2008	0.54	0.855
Jan 2008	0.521	0.827
Dec 2007	0.525	0.838
Nov 2007	0.515	0.821
Oct 2007	0.508	0.815
Sep 2007	0.505	0.812
Aug 2007	0.506	0.816
Jul 2007	0.509	0.819
Jun 2007	0.512	0.824
May 2007	0.503	0.811
Apr 2007	0.517	0.838
Mar 2007	0.51	0.832
Feb 2007	0.507	0.835
Jan 2007	0.505	0.836
Dec 2006	0.499	0.829
Nov 2006	0.498	0.828
Oct 2006	0.489	0.812
Sep 2006	0.479	0.791
Aug 2006	0.492	0.809
Jul 2006	0.508	0.837
Jun 2006	0.511	0.844
May 2006	0.514	0.851
Apr 2006	0.508	0.845
Mar 2006	0.508	0.852
Feb 2006	0.508	0.857
Jan 2006	0.49	0.828
Dec 2005	0.482	0.821
Nov 2005	0.48	0.814
Oct 2005	0.491	0.826
Sep 2005	0.485	0.818
Aug 2005	0.487	0.831
Jul 2005	0.494	0.847
Jun 2005	0.493	0.849
May 2005	0.497	0.857
Apr 2005	0.503	0.866
Mar 2005	0.507	0.879
Feb 2005	0.502	0.877
Jan 2005	0.485	0.852
Dec 2004	0.474	0.835
Nov 2004	0.469	0.823
Oct 2004	0.485	0.851
Sep 2004	0.488	0.861
Aug 2004	0.507	0.897
Jul 2004	0.51	0.902
Jun 2004	0.498	0.88
May 2004	0.491	0.87
Apr 2004	0.505	0.9
Mar 2004	0.5	0.894
Feb 2004	0.504	0.907
Jan 2004	0.512	0.926
Dec 2003	0.504	0.916
Nov 2003	0.498	0.905
Oct 2003	0.49	0.888
Sep 2003	0.494	0.894
Aug 2003	0.514	0.933
Jul 2003	0.514	0.937
Jun 2003	0.521	0.95
May 2003	0.505	0.922
Apr 2003	0.517	0.943
Mar 2003	0.513	0.933
Feb 2003	0.508	0.93
Jan 2003	0.526	0.97
Dec 2002	0.504	0.934
Nov 2002	0.505	0.933
Oct 2002	0.504	0.932
Sep 2002	0.498	0.922
Aug 2002	0.499	0.925
Jul 2002	0.517	0.962
Jun 2002	0.512	0.954
May 2002	0.515	0.96
Apr 2002	0.504	0.939
Mar 2002	0.519	0.973
Feb 2002	0.504	0.95
Jan 2002	0.509	0.963
Dec 2001	0.505	0.958
Nov 2001	0.509	0.962
Oct 2001	0.503	0.949
Sep 2001	0.508	0.955
Aug 2001	0.519	0.98
Jul 2001	0.523	0.987
Jun 2001	0.506	0.953
May 2001	0.509	0.96
Apr 2001	0.492	0.932
Mar 2001	0.51	0.97
Feb 2001	0.496	0.946
Jan 2001	0.5	0.957
Dec 2000	0.487	0.938
Nov 2000	0.479	0.922
Oct 2000	0.496	0.955
Sep 2000	0.488	0.942
Aug 2000	0.49	0.95
Jul 2000	0.512	0.993
Jun 2000	0.506	0.984
May 2000	0.509	0.995
Apr 2000	0.51	0.998
Mar 2000	0.517	1.012
Feb 2000	0.528	1.042
Jan 2000	0.49	0.973
Dec 1999	0.494	0.984
Nov 1999	0.48	0.956
Oct 1999	0.471	0.938
Sep 1999	0.481	0.96
Aug 1999	0.49	0.983
Jul 1999	0.494	0.993
Jun 1999	0.502	1.012
May 1999	0.492	0.992
Apr 1999	0.482	0.972
Mar 1999	0.506	1.028
Feb 1999	0.509	1.037
Jan 1999	0.489	0.997
Dec 1998	0.51	1.043
Nov 1998	0.487	0.995
Oct 1998	0.47	0.96
Sep 1998	0.476	0.975
Aug 1998	0.489	1.003
Jul 1998	0.53	1.088
Jun 1998	0.507	1.042
May 1998	0.51	1.05
Apr 1998	0.511	1.054
Mar 1998	0.475	0.981
Feb 1998	0.489	1.012
Jan 1998	0.473	0.981
Dec 1997	0.461	0.958
Nov 1997	0.468	0.971
Oct 1997	0.459	0.952
Sep 1997	0.458	0.952
Aug 1997	0.475	0.99
Jul 1997	0.487	1.017
Jun 1997	0.488	1.02
May 1997	0.484	1.013
Apr 1997	0.512	1.071
Mar 1997	0.532	1.114
Feb 1997	0.518	1.088
Jan 1997	0.497	1.047
Dec 1996	0.481	1.016
Nov 1996	0.477	1.008
Oct 1996	0.465	0.984
Sep 1996	0.458	0.973
Aug 1996	0.478	1.018
Jul 1996	0.498	1.063
Jun 1996	0.498	1.065
May 1996	0.512	1.096
Apr 1996	0.505	1.083
Mar 1996	0.539	1.16
Feb 1996	0.501	1.084
Jan 1996	0.463	1.005
Dec 1995	0.454	0.991
Nov 1995	0.462	1.008
Oct 1995	0.471	1.027
Sep 1995	0.49	1.072
Aug 1995	0.512	1.122
Jul 1995	0.522	1.147
Jun 1995	0.49	1.077
May 1995	0.483	1.063
Apr 1995	0.485	1.07
Mar 1995	0.508	1.124
Feb 1995	0.496	1.102
Jan 1995	0.503	1.122
Dec 1994	0.458	1.025
Nov 1994	0.434	0.972
Oct 1994	0.43	0.964
Sep 1994	0.453	1.016
Aug 1994	0.48	1.08
Jul 1994	0.452	1.021
Jun 1994	0.447	1.012
May 1994	0.469	1.066
Apr 1994	0.469	1.066
Mar 1994	0.5	1.138
Feb 1994	0.514	1.174
Jan 1994	0.44	1.009
Dec 1993	0.414	0.952
Nov 1993	0.404	0.929
Oct 1993	0.405	0.932
Sep 1993	0.395	0.912
Aug 1993	0.422	0.977
Jul 1993	0.448	1.04
Jun 1993	0.446	1.035
May 1993	0.472	1.097
Apr 1993	0.483	1.124
Mar 1993	0.475	1.109
Feb 1993	0.475	1.112
Jan 1993	0.426	1.001
Dec 1992	0.404	0.954
Nov 1992	0.422	0.996
Oct 1992	0.442	1.045
Sep 1992	0.459	1.089
Aug 1992	0.509	1.211
Jul 1992	0.431	1.028
Jun 1992	0.463	1.107
May 1992	0.445	1.067
Apr 1992	0.484	1.163
Mar 1992	0.517	1.244
Feb 1992	0.493	1.192
Jan 1992	0.428	1.039
Dec 1991	0.419	1.018
Nov 1991	0.431	1.048
Oct 1991	0.395	0.963
Sep 1991	0.432	1.055
Aug 1991	0.416	1.021
Jul 1991	0.516	1.27
Jun 1991	0.532	1.311
May 1991	0.584	1.443
Apr 1991	0.547	1.356
Mar 1991	0.577	1.432
Feb 1991	0.485	1.206
Jan 1991	0.438	1.091
Dec 1990	0.43	1.077
Nov 1990	0.429	1.074
Oct 1990	0.432	1.084
Sep 1990	0.465	1.174
Aug 1990	0.463	1.179
Jul 1990	0.529	1.36
Jun 1990	0.447	1.153
May 1990	0.462	1.198
Apr 1990	0.481	1.251
Mar 1990	0.5	1.302
Feb 1990	0.492	1.288
Jan 1990	0.429	1.128
Dec 1989	0.416	1.106
Nov 1989	0.435	1.158
Oct 1989	0.432	1.153
Sep 1989	0.428	1.147
Aug 1989	0.434	1.167
Jul 1989	0.456	1.228
Jun 1989	0.479	1.294
May 1989	0.522	1.413
Apr 1989	0.523	1.424
Mar 1989	0.45	1.233
Feb 1989	0.415	1.144
Jan 1989	0.394	1.09
Dec 1988	0.407	1.132
Nov 1988	0.423	1.178
Oct 1988	0.421	1.174
Sep 1988	0.389	1.088
Aug 1988	0.397	1.118
Jul 1988	0.433	1.225
Jun 1988	0.501	1.423
May 1988	0.422	1.204
Apr 1988	0.423	1.211
Mar 1988	0.413	1.188
Feb 1988	0.415	1.199
Jan 1988	0.374	1.083
Dec 1987	0.375	1.089
Nov 1987	0.343	0.996
Oct 1987	0.346	1.006
Sep 1987	0.363	1.058
Aug 1987	0.367	1.075
Jul 1987	0.35	1.031
Jun 1987	0.39	1.152
May 1987	0.357	1.058
Apr 1987	0.381	1.133
Mar 1987	0.376	1.124
Dec 1986	0.333	1.01
Nov 1986	0.371	1.126
Oct 1986	0.372	1.13
Sep 1986	0.384	1.168
Aug 1986	0.369	1.127
Jul 1986	0.371	1.135
Jun 1986	0.376	1.151
May 1986	0.461	1.419
Apr 1986	0.464	1.432
Mar 1986	0.402	1.238
Feb 1986	0.378	1.159
Jan 1986	0.337	1.03
Dec 1985	0.321	0.984
Nov 1985	0.316	0.972
Oct 1985	0.346	1.067
Sep 1985	0.376	1.163
Aug 1985	0.361	1.12
Jul 1985	0.348	1.082
Jun 1985	0.399	1.243
May 1985	0.392	1.224
Apr 1985	0.422	1.323
Mar 1985	0.394	1.241
Feb 1985	0.378	1.195
Jan 1985	0.35	1.112
Dec 1984	0.317	1.009
Nov 1984	0.333	1.06
Oct 1984	0.341	1.085
Sep 1984	0.35	1.117
Aug 1984	0.362	1.161
Jul 1984	0.386	1.243
Jun 1984	0.391	1.264
May 1984	0.354	1.147
Apr 1984	0.389	1.264
Mar 1984	0.373	1.218
Feb 1984	0.373	1.221
Jan 1984	0.344	1.131
Dec 1983	0.315	1.042
Nov 1983	0.327	1.083
Oct 1983	0.385	1.277
Sep 1983	0.394	1.311
Aug 1983	0.403	1.348
Jul 1983	0.462	1.55
Jun 1983	0.449	1.512
May 1983	0.438	1.48
Apr 1983	0.416	1.414
Mar 1983	0.357	1.222
Feb 1983	0.352	1.205
Jan 1983	0.332	1.138
Dec 1982	0.337	1.157
Nov 1982	0.344	1.176
Oct 1982	0.317	1.082
Sep 1982	0.343	1.174
Aug 1982	0.332	1.139
Jul 1982	0.344	1.182
Jun 1982	0.381	1.316
May 1982	0.372	1.301
Apr 1982	0.38	1.342
Mar 1982	0.373	1.323
Feb 1982	0.359	1.272
Jan 1982	0.364	1.294
Dec 1981	0.364	1.298
Nov 1981	0.355	1.27
Oct 1981	0.364	1.306
Sep 1981	0.358	1.287
Aug 1981	0.351	1.274
Jul 1981	0.341	1.248
Jun 1981	0.369	1.365
May 1981	0.379	1.414
Apr 1981	0.377	1.418
Mar 1981	0.377	1.428
Feb 1981	0.366	1.395
Jan 1981	0.343	1.321
Dec 1980	0.349	1.355
Nov 1980	0.339	1.329
Oct 1980	0.335	1.324
Sep 1980	0.335	1.337
Aug 1980	0.335	1.348
Jul 1980	0.332	1.345
Jun 1980	0.348	1.41
May 1980	0.357	1.463
Apr 1980	0.353	1.46
Mar 1980	0.355	1.485
Feb 1980	0.345	1.465
Jan 1980	0.319	1.374

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.