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 2026 (our latest available CPI data baseline).

Key Takeaways
  • The latest average price for a pound of bananas was $0.645, in June 2026.
  • In January 1980, the nominal price was $0.319, which is equivalent to $1.369 in today's dollars.
  • Since January 1980, the inflation-adjusted price has fallen 52.9%, an average decline of -1.61% per year.
  • The peak inflation-adjusted price was $1.544, 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 2026 0.645 0.645
May 2026 0.646 0.644
Apr 2026 0.654 0.656
Mar 2026 0.657 0.664
Feb 2026 0.653 0.667
Jan 2026 0.653 0.67
Dec 2025 0.656 0.676
Nov 2025 0.664 0.684
Sep 2025 0.67 0.689
Aug 2025 0.666 0.687
Jul 2025 0.657 0.679
Jun 2025 0.654 0.677
May 2025 0.655 0.68
Apr 2025 0.635 0.661
Mar 2025 0.625 0.653
Feb 2025 0.619 0.648
Jan 2025 0.621 0.653
Dec 2024 0.615 0.651
Nov 2024 0.622 0.658
Oct 2024 0.619 0.655
Sep 2024 0.617 0.653
Aug 2024 0.612 0.649
Jul 2024 0.613 0.651
Jun 2024 0.625 0.664
May 2024 0.622 0.661
Apr 2024 0.626 0.667
Mar 2024 0.629 0.673
Feb 2024 0.625 0.673
Jan 2024 0.617 0.668
Dec 2023 0.625 0.68
Nov 2023 0.627 0.682
Oct 2023 0.626 0.679
Sep 2023 0.625 0.678
Aug 2023 0.631 0.686
Jul 2023 0.631 0.689
Jun 2023 0.625 0.684
May 2023 0.628 0.69
Apr 2023 0.635 0.699
Mar 2023 0.632 0.699
Feb 2023 0.641 0.712
Jan 2023 0.639 0.713
Dec 2022 0.628 0.707
Nov 2022 0.631 0.708
Oct 2022 0.634 0.71
Sep 2022 0.643 0.723
Aug 2022 0.643 0.725
Jul 2022 0.64 0.721
Jun 2022 0.64 0.721
May 2022 0.642 0.733
Apr 2022 0.637 0.736
Mar 2022 0.642 0.746
Feb 2022 0.628 0.739
Jan 2022 0.63 0.748
Dec 2021 0.622 0.745
Nov 2021 0.619 0.744
Oct 2021 0.6 0.724
Sep 2021 0.597 0.727
Aug 2021 0.589 0.719
Jul 2021 0.594 0.727
Jun 2021 0.595 0.731
May 2021 0.6 0.744
Apr 2021 0.604 0.755
Mar 2021 0.594 0.749
Feb 2021 0.59 0.749
Jan 2021 0.597 0.762
Dec 2020 0.572 0.733
Nov 2020 0.578 0.742
Oct 2020 0.577 0.74
Sep 2020 0.574 0.736
Aug 2020 0.576 0.74
Jul 2020 0.58 0.748
Jun 2020 0.588 0.762
May 2020 0.589 0.767
Apr 2020 0.581 0.757
Mar 2020 0.576 0.745
Feb 2020 0.574 0.741
Jan 2020 0.57 0.738
Dec 2019 0.573 0.745
Nov 2019 0.573 0.744
Oct 2019 0.573 0.744
Sep 2019 0.569 0.74
Aug 2019 0.578 0.752
Jul 2019 0.569 0.741
Jun 2019 0.574 0.748
May 2019 0.579 0.755
Apr 2019 0.567 0.741
Mar 2019 0.581 0.763
Feb 2019 0.571 0.754
Jan 2019 0.576 0.764
Dec 2018 0.577 0.767
Nov 2018 0.566 0.75
Oct 2018 0.574 0.758
Sep 2018 0.573 0.758
Aug 2018 0.569 0.754
Jul 2018 0.575 0.762
Jun 2018 0.575 0.762
May 2018 0.575 0.763
Apr 2018 0.578 0.77
Mar 2018 0.582 0.779
Feb 2018 0.574 0.77
Jan 2018 0.568 0.765
Dec 2017 0.558 0.756
Nov 2017 0.551 0.746
Oct 2017 0.548 0.742
Sep 2017 0.544 0.736
Aug 2017 0.561 0.763
Jul 2017 0.565 0.771
Jun 2017 0.572 0.78
May 2017 0.564 0.77
Apr 2017 0.571 0.78
Mar 2017 0.571 0.782
Feb 2017 0.573 0.786
Jan 2017 0.573 0.788
Dec 2016 0.576 0.797
Nov 2016 0.573 0.793
Oct 2016 0.57 0.787
Sep 2016 0.575 0.795
Aug 2016 0.562 0.779
Jul 2016 0.567 0.787
Jun 2016 0.569 0.788
May 2016 0.57 0.792
Apr 2016 0.574 0.801
Mar 2016 0.586 0.822
Feb 2016 0.573 0.807
Jan 2016 0.581 0.819
Dec 2015 0.58 0.819
Nov 2015 0.575 0.809
Oct 2015 0.577 0.81
Sep 2015 0.58 0.814
Aug 2015 0.58 0.813
Jul 2015 0.581 0.813
Jun 2015 0.574 0.803
May 2015 0.582 0.817
Apr 2015 0.597 0.843
Mar 2015 0.593 0.839
Feb 2015 0.591 0.841
Jan 2015 0.583 0.833
Dec 2014 0.585 0.832
Nov 2014 0.592 0.837
Oct 2014 0.582 0.819
Sep 2014 0.606 0.85
Aug 2014 0.608 0.854
Jul 2014 0.606 0.849
Jun 2014 0.607 0.85
May 2014 0.603 0.846
Apr 2014 0.597 0.841
Mar 2014 0.597 0.844
Feb 2014 0.599 0.852
Jan 2014 0.595 0.849
Dec 2013 0.592 0.848
Nov 2013 0.587 0.841
Oct 2013 0.586 0.838
Sep 2013 0.601 0.857
Aug 2013 0.595 0.85
Jul 2013 0.602 0.861
Jun 2013 0.603 0.862
May 2013 0.603 0.864
Apr 2013 0.597 0.857
Mar 2013 0.609 0.874
Feb 2013 0.611 0.879
Jan 2013 0.609 0.883
Dec 2012 0.606 0.881
Nov 2012 0.6 0.87
Oct 2012 0.602 0.869
Sep 2012 0.597 0.862
Aug 2012 0.595 0.862
Jul 2012 0.604 0.88
Jun 2012 0.605 0.88
May 2012 0.599 0.87
Apr 2012 0.603 0.875
Mar 2012 0.607 0.884
Feb 2012 0.603 0.885
Jan 2012 0.604 0.89
Dec 2011 0.599 0.886
Nov 2011 0.598 0.883
Oct 2011 0.607 0.895
Sep 2011 0.607 0.893
Aug 2011 0.606 0.893
Jul 2011 0.611 0.903
Jun 2011 0.614 0.908
May 2011 0.617 0.912
Apr 2011 0.621 0.922
Mar 2011 0.621 0.928
Feb 2011 0.625 0.943
Jan 2011 0.596 0.904
Dec 2010 0.587 0.894
Nov 2010 0.581 0.887
Oct 2010 0.58 0.886
Sep 2010 0.573 0.876
Aug 2010 0.576 0.881
Jul 2010 0.583 0.893
Jun 2010 0.577 0.884
May 2010 0.571 0.874
Apr 2010 0.58 0.888
Mar 2010 0.575 0.882
Feb 2010 0.587 0.904
Jan 2010 0.586 0.903
Dec 2009 0.571 0.883
Nov 2009 0.561 0.866
Oct 2009 0.598 0.924
Sep 2009 0.605 0.936
Aug 2009 0.611 0.945
Jul 2009 0.616 0.955
Jun 2009 0.617 0.955
May 2009 0.622 0.971
Apr 2009 0.629 0.985
Mar 2009 0.634 0.995
Feb 2009 0.641 1.009
Jan 2009 0.629 0.995
Dec 2008 0.617 0.98
Nov 2008 0.626 0.984
Oct 2008 0.629 0.97
Sep 2008 0.631 0.963
Aug 2008 0.634 0.966
Jul 2008 0.627 0.952
Jun 2008 0.633 0.966
May 2008 0.63 0.971
Apr 2008 0.627 0.975
Mar 2008 0.597 0.934
Feb 2008 0.54 0.852
Jan 2008 0.521 0.824
Dec 2007 0.525 0.835
Nov 2007 0.515 0.818
Oct 2007 0.508 0.812
Sep 2007 0.505 0.809
Aug 2007 0.506 0.813
Jul 2007 0.509 0.816
Jun 2007 0.512 0.821
May 2007 0.503 0.808
Apr 2007 0.517 0.835
Mar 2007 0.51 0.829
Feb 2007 0.507 0.832
Jan 2007 0.505 0.833
Dec 2006 0.499 0.826
Nov 2006 0.498 0.825
Oct 2006 0.489 0.809
Sep 2006 0.479 0.788
Aug 2006 0.492 0.806
Jul 2006 0.508 0.834
Jun 2006 0.511 0.841
May 2006 0.514 0.848
Apr 2006 0.508 0.842
Mar 2006 0.508 0.849
Feb 2006 0.508 0.854
Jan 2006 0.49 0.825
Dec 2005 0.482 0.818
Nov 2005 0.48 0.811
Oct 2005 0.491 0.823
Sep 2005 0.485 0.815
Aug 2005 0.487 0.828
Jul 2005 0.494 0.844
Jun 2005 0.493 0.846
May 2005 0.497 0.854
Apr 2005 0.503 0.863
Mar 2005 0.507 0.876
Feb 2005 0.502 0.874
Jan 2005 0.485 0.849
Dec 2004 0.474 0.832
Nov 2004 0.469 0.82
Oct 2004 0.485 0.848
Sep 2004 0.488 0.858
Aug 2004 0.507 0.893
Jul 2004 0.51 0.899
Jun 2004 0.498 0.877
May 2004 0.491 0.867
Apr 2004 0.505 0.897
Mar 2004 0.5 0.891
Feb 2004 0.504 0.904
Jan 2004 0.512 0.923
Dec 2003 0.504 0.913
Nov 2003 0.498 0.901
Oct 2003 0.49 0.885
Sep 2003 0.494 0.891
Aug 2003 0.514 0.93
Jul 2003 0.514 0.933
Jun 2003 0.521 0.947
May 2003 0.505 0.919
Apr 2003 0.517 0.939
Mar 2003 0.513 0.93
Feb 2003 0.508 0.927
Jan 2003 0.526 0.967
Dec 2002 0.504 0.93
Nov 2002 0.505 0.93
Oct 2002 0.504 0.928
Sep 2002 0.498 0.919
Aug 2002 0.499 0.922
Jul 2002 0.517 0.959
Jun 2002 0.512 0.95
May 2002 0.515 0.957
Apr 2002 0.504 0.936
Mar 2002 0.519 0.969
Feb 2002 0.504 0.947
Jan 2002 0.509 0.96
Dec 2001 0.505 0.954
Nov 2001 0.509 0.958
Oct 2001 0.503 0.945
Sep 2001 0.508 0.951
Aug 2001 0.519 0.976
Jul 2001 0.523 0.984
Jun 2001 0.506 0.949
May 2001 0.509 0.957
Apr 2001 0.492 0.929
Mar 2001 0.51 0.967
Feb 2001 0.496 0.942
Jan 2001 0.5 0.954
Dec 2000 0.487 0.935
Nov 2000 0.479 0.919
Oct 2000 0.496 0.952
Sep 2000 0.488 0.938
Aug 2000 0.49 0.947
Jul 2000 0.512 0.989
Jun 2000 0.506 0.98
May 2000 0.509 0.991
Apr 2000 0.51 0.994
Mar 2000 0.517 1.008
Feb 2000 0.528 1.038
Jan 2000 0.49 0.969
Dec 1999 0.494 0.98
Nov 1999 0.48 0.952
Oct 1999 0.471 0.935
Sep 1999 0.481 0.957
Aug 1999 0.49 0.979
Jul 1999 0.494 0.99
Jun 1999 0.502 1.009
May 1999 0.492 0.989
Apr 1999 0.482 0.969
Mar 1999 0.506 1.024
Feb 1999 0.509 1.033
Jan 1999 0.489 0.994
Dec 1998 0.51 1.039
Nov 1998 0.487 0.992
Oct 1998 0.47 0.957
Sep 1998 0.476 0.972
Aug 1998 0.489 0.999
Jul 1998 0.53 1.085
Jun 1998 0.507 1.039
May 1998 0.51 1.046
Apr 1998 0.511 1.05
Mar 1998 0.475 0.978
Feb 1998 0.489 1.009
Jan 1998 0.473 0.977
Dec 1997 0.461 0.954
Nov 1997 0.468 0.968
Oct 1997 0.459 0.949
Sep 1997 0.458 0.949
Aug 1997 0.475 0.986
Jul 1997 0.487 1.013
Jun 1997 0.488 1.017
May 1997 0.484 1.01
Apr 1997 0.512 1.067
Mar 1997 0.532 1.11
Feb 1997 0.518 1.084
Jan 1997 0.497 1.043
Dec 1996 0.481 1.013
Nov 1996 0.477 1.004
Oct 1996 0.465 0.981
Sep 1996 0.458 0.969
Aug 1996 0.478 1.015
Jul 1996 0.498 1.059
Jun 1996 0.498 1.061
May 1996 0.512 1.092
Apr 1996 0.505 1.079
Mar 1996 0.539 1.156
Feb 1996 0.501 1.08
Jan 1996 0.463 1.001
Dec 1995 0.454 0.988
Nov 1995 0.462 1.004
Oct 1995 0.471 1.023
Sep 1995 0.49 1.068
Aug 1995 0.512 1.118
Jul 1995 0.522 1.143
Jun 1995 0.49 1.073
May 1995 0.483 1.06
Apr 1995 0.485 1.066
Mar 1995 0.508 1.121
Feb 1995 0.496 1.098
Jan 1995 0.503 1.118
Dec 1994 0.458 1.022
Nov 1994 0.434 0.968
Oct 1994 0.43 0.961
Sep 1994 0.453 1.013
Aug 1994 0.48 1.076
Jul 1994 0.452 1.017
Jun 1994 0.447 1.009
May 1994 0.469 1.062
Apr 1994 0.469 1.063
Mar 1994 0.5 1.134
Feb 1994 0.514 1.17
Jan 1994 0.44 1.005
Dec 1993 0.414 0.948
Nov 1993 0.404 0.925
Oct 1993 0.405 0.928
Sep 1993 0.395 0.909
Aug 1993 0.422 0.973
Jul 1993 0.448 1.036
Jun 1993 0.446 1.031
May 1993 0.472 1.093
Apr 1993 0.483 1.12
Mar 1993 0.475 1.105
Feb 1993 0.475 1.109
Jan 1993 0.426 0.998
Dec 1992 0.404 0.951
Nov 1992 0.422 0.992
Oct 1992 0.442 1.041
Sep 1992 0.459 1.085
Aug 1992 0.509 1.206
Jul 1992 0.431 1.024
Jun 1992 0.463 1.103
May 1992 0.445 1.064
Apr 1992 0.484 1.159
Mar 1992 0.517 1.239
Feb 1992 0.493 1.188
Jan 1992 0.428 1.035
Dec 1991 0.419 1.015
Nov 1991 0.431 1.045
Oct 1991 0.395 0.96
Sep 1991 0.432 1.052
Aug 1991 0.416 1.017
Jul 1991 0.516 1.265
Jun 1991 0.532 1.306
May 1991 0.584 1.438
Apr 1991 0.547 1.351
Mar 1991 0.577 1.427
Feb 1991 0.485 1.202
Jan 1991 0.438 1.087
Dec 1990 0.43 1.073
Nov 1990 0.429 1.071
Oct 1990 0.432 1.081
Sep 1990 0.465 1.17
Aug 1990 0.463 1.175
Jul 1990 0.529 1.355
Jun 1990 0.447 1.149
May 1990 0.462 1.194
Apr 1990 0.481 1.246
Mar 1990 0.5 1.297
Feb 1990 0.492 1.284
Jan 1990 0.429 1.125
Dec 1989 0.416 1.102
Nov 1989 0.435 1.154
Oct 1989 0.432 1.149
Sep 1989 0.428 1.143
Aug 1989 0.434 1.163
Jul 1989 0.456 1.224
Jun 1989 0.479 1.289
May 1989 0.522 1.408
Apr 1989 0.523 1.419
Mar 1989 0.45 1.229
Feb 1989 0.415 1.14
Jan 1989 0.394 1.087
Dec 1988 0.407 1.128
Nov 1988 0.423 1.174
Oct 1988 0.421 1.17
Sep 1988 0.389 1.084
Aug 1988 0.397 1.114
Jul 1988 0.433 1.22
Jun 1988 0.501 1.418
May 1988 0.422 1.199
Apr 1988 0.423 1.206
Mar 1988 0.413 1.184
Feb 1988 0.415 1.195
Jan 1988 0.374 1.079
Dec 1987 0.375 1.085
Nov 1987 0.343 0.993
Oct 1987 0.346 1.002
Sep 1987 0.363 1.054
Aug 1987 0.367 1.071
Jul 1987 0.35 1.027
Jun 1987 0.39 1.148
May 1987 0.357 1.054
Apr 1987 0.381 1.129
Mar 1987 0.376 1.12
Dec 1986 0.333 1.006
Nov 1986 0.371 1.122
Oct 1986 0.372 1.126
Sep 1986 0.384 1.164
Aug 1986 0.369 1.123
Jul 1986 0.371 1.131
Jun 1986 0.376 1.147
May 1986 0.461 1.414
Apr 1986 0.464 1.427
Mar 1986 0.402 1.234
Feb 1986 0.378 1.155
Jan 1986 0.337 1.027
Dec 1985 0.321 0.981
Nov 1985 0.316 0.968
Oct 1985 0.346 1.063
Sep 1985 0.376 1.159
Aug 1985 0.361 1.116
Jul 1985 0.348 1.078
Jun 1985 0.399 1.238
May 1985 0.392 1.22
Apr 1985 0.422 1.318
Mar 1985 0.394 1.237
Feb 1985 0.378 1.191
Jan 1985 0.35 1.108
Dec 1984 0.317 1.005
Nov 1984 0.333 1.056
Oct 1984 0.341 1.081
Sep 1984 0.35 1.113
Aug 1984 0.362 1.157
Jul 1984 0.386 1.238
Jun 1984 0.391 1.259
May 1984 0.354 1.143
Apr 1984 0.389 1.26
Mar 1984 0.373 1.214
Feb 1984 0.373 1.216
Jan 1984 0.344 1.127
Dec 1983 0.315 1.038
Nov 1983 0.327 1.079
Oct 1983 0.385 1.273
Sep 1983 0.394 1.307
Aug 1983 0.403 1.343
Jul 1983 0.462 1.544
Jun 1983 0.449 1.507
May 1983 0.438 1.475
Apr 1983 0.416 1.409
Mar 1983 0.357 1.218
Feb 1983 0.352 1.201
Jan 1983 0.332 1.134
Dec 1982 0.337 1.153
Nov 1982 0.344 1.172
Oct 1982 0.317 1.078
Sep 1982 0.343 1.17
Aug 1982 0.332 1.135
Jul 1982 0.344 1.178
Jun 1982 0.381 1.312
May 1982 0.372 1.297
Apr 1982 0.38 1.337
Mar 1982 0.373 1.318
Feb 1982 0.359 1.267
Jan 1982 0.364 1.289
Dec 1981 0.364 1.293
Nov 1981 0.355 1.265
Oct 1981 0.364 1.301
Sep 1981 0.358 1.283
Aug 1981 0.351 1.27
Jul 1981 0.341 1.243
Jun 1981 0.369 1.36
May 1981 0.379 1.409
Apr 1981 0.377 1.413
Mar 1981 0.377 1.423
Feb 1981 0.366 1.391
Jan 1981 0.343 1.317
Dec 1980 0.349 1.351
Nov 1980 0.339 1.324
Oct 1980 0.335 1.319
Sep 1980 0.335 1.332
Aug 1980 0.335 1.343
Jul 1980 0.332 1.341
Jun 1980 0.348 1.405
May 1980 0.357 1.457
Apr 1980 0.353 1.455
Mar 1980 0.355 1.48
Feb 1980 0.345 1.46
Jan 1980 0.319 1.369

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.