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 April 2026 (our latest available CPI data baseline).

Key Takeaways
  • The latest average price for a pound of bananas was $0.654, in April 2026.
  • In January 1980, the nominal price was $0.319, which is equivalent to $1.365 in today's dollars.
  • Since January 1980, the inflation-adjusted price has fallen 52.1%, an average decline of -1.58% per year.
  • The peak inflation-adjusted price was $1.54, 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
Apr 2026 0.654 0.654
Mar 2026 0.657 0.663
Feb 2026 0.653 0.665
Jan 2026 0.653 0.669
Dec 2025 0.656 0.674
Nov 2025 0.664 0.682
Sep 2025 0.67 0.687
Aug 2025 0.666 0.685
Jul 2025 0.657 0.677
Jun 2025 0.654 0.675
May 2025 0.655 0.679
Apr 2025 0.635 0.659
Mar 2025 0.625 0.651
Feb 2025 0.619 0.646
Jan 2025 0.621 0.651
Dec 2024 0.615 0.649
Nov 2024 0.622 0.657
Oct 2024 0.619 0.653
Sep 2024 0.617 0.652
Aug 2024 0.612 0.647
Jul 2024 0.613 0.649
Jun 2024 0.625 0.662
May 2024 0.622 0.66
Apr 2024 0.626 0.665
Mar 2024 0.629 0.671
Feb 2024 0.625 0.671
Jan 2024 0.617 0.666
Dec 2023 0.625 0.679
Nov 2023 0.627 0.68
Oct 2023 0.626 0.678
Sep 2023 0.625 0.676
Aug 2023 0.631 0.684
Jul 2023 0.631 0.687
Jun 2023 0.625 0.682
May 2023 0.628 0.688
Apr 2023 0.635 0.697
Mar 2023 0.632 0.697
Feb 2023 0.641 0.71
Jan 2023 0.639 0.711
Dec 2022 0.628 0.705
Nov 2022 0.631 0.706
Oct 2022 0.634 0.708
Sep 2022 0.643 0.721
Aug 2022 0.643 0.723
Jul 2022 0.64 0.719
Jun 2022 0.64 0.719
May 2022 0.642 0.731
Apr 2022 0.637 0.734
Mar 2022 0.642 0.744
Feb 2022 0.628 0.737
Jan 2022 0.63 0.746
Dec 2021 0.622 0.743
Nov 2021 0.619 0.742
Oct 2021 0.6 0.722
Sep 2021 0.597 0.725
Aug 2021 0.589 0.717
Jul 2021 0.594 0.725
Jun 2021 0.595 0.729
May 2021 0.6 0.742
Apr 2021 0.604 0.753
Mar 2021 0.594 0.747
Feb 2021 0.59 0.747
Jan 2021 0.597 0.76
Dec 2020 0.572 0.731
Nov 2020 0.578 0.74
Oct 2020 0.577 0.738
Sep 2020 0.574 0.734
Aug 2020 0.576 0.738
Jul 2020 0.58 0.745
Jun 2020 0.588 0.76
May 2020 0.589 0.765
Apr 2020 0.581 0.755
Mar 2020 0.576 0.743
Feb 2020 0.574 0.739
Jan 2020 0.57 0.736
Dec 2019 0.573 0.743
Nov 2019 0.573 0.742
Oct 2019 0.573 0.741
Sep 2019 0.569 0.738
Aug 2019 0.578 0.75
Jul 2019 0.569 0.739
Jun 2019 0.574 0.746
May 2019 0.579 0.753
Apr 2019 0.567 0.739
Mar 2019 0.581 0.761
Feb 2019 0.571 0.752
Jan 2019 0.576 0.762
Dec 2018 0.577 0.765
Nov 2018 0.566 0.748
Oct 2018 0.574 0.756
Sep 2018 0.573 0.756
Aug 2018 0.569 0.752
Jul 2018 0.575 0.76
Jun 2018 0.575 0.76
May 2018 0.575 0.761
Apr 2018 0.578 0.768
Mar 2018 0.582 0.777
Feb 2018 0.574 0.768
Jan 2018 0.568 0.763
Dec 2017 0.558 0.754
Nov 2017 0.551 0.744
Oct 2017 0.548 0.74
Sep 2017 0.544 0.734
Aug 2017 0.561 0.761
Jul 2017 0.565 0.769
Jun 2017 0.572 0.778
May 2017 0.564 0.767
Apr 2017 0.571 0.778
Mar 2017 0.571 0.78
Feb 2017 0.573 0.783
Jan 2017 0.573 0.786
Dec 2016 0.576 0.795
Nov 2016 0.573 0.791
Oct 2016 0.57 0.785
Sep 2016 0.575 0.793
Aug 2016 0.562 0.777
Jul 2016 0.567 0.785
Jun 2016 0.569 0.786
May 2016 0.57 0.79
Apr 2016 0.574 0.799
Mar 2016 0.586 0.82
Feb 2016 0.573 0.805
Jan 2016 0.581 0.817
Dec 2015 0.58 0.817
Nov 2015 0.575 0.807
Oct 2015 0.577 0.808
Sep 2015 0.58 0.812
Aug 2015 0.58 0.81
Jul 2015 0.581 0.811
Jun 2015 0.574 0.801
May 2015 0.582 0.815
Apr 2015 0.597 0.84
Mar 2015 0.593 0.836
Feb 2015 0.591 0.839
Jan 2015 0.583 0.831
Dec 2014 0.585 0.83
Nov 2014 0.592 0.835
Oct 2014 0.582 0.816
Sep 2014 0.606 0.848
Aug 2014 0.608 0.851
Jul 2014 0.606 0.847
Jun 2014 0.607 0.848
May 2014 0.603 0.844
Apr 2014 0.597 0.839
Mar 2014 0.597 0.841
Feb 2014 0.599 0.85
Jan 2014 0.595 0.847
Dec 2013 0.592 0.846
Nov 2013 0.587 0.839
Oct 2013 0.586 0.836
Sep 2013 0.601 0.855
Aug 2013 0.595 0.847
Jul 2013 0.602 0.858
Jun 2013 0.603 0.86
May 2013 0.603 0.862
Apr 2013 0.597 0.855
Mar 2013 0.609 0.871
Feb 2013 0.611 0.876
Jan 2013 0.609 0.881
Dec 2012 0.606 0.879
Nov 2012 0.6 0.868
Oct 2012 0.602 0.867
Sep 2012 0.597 0.859
Aug 2012 0.595 0.86
Jul 2012 0.604 0.878
Jun 2012 0.605 0.878
May 2012 0.599 0.868
Apr 2012 0.603 0.873
Mar 2012 0.607 0.881
Feb 2012 0.603 0.882
Jan 2012 0.604 0.887
Dec 2011 0.599 0.884
Nov 2011 0.598 0.88
Oct 2011 0.607 0.893
Sep 2011 0.607 0.891
Aug 2011 0.606 0.891
Jul 2011 0.611 0.901
Jun 2011 0.614 0.906
May 2011 0.617 0.909
Apr 2011 0.621 0.92
Mar 2011 0.621 0.925
Feb 2011 0.625 0.94
Jan 2011 0.596 0.901
Dec 2010 0.587 0.892
Nov 2010 0.581 0.884
Oct 2010 0.58 0.883
Sep 2010 0.573 0.874
Aug 2010 0.576 0.879
Jul 2010 0.583 0.891
Jun 2010 0.577 0.882
May 2010 0.571 0.872
Apr 2010 0.58 0.886
Mar 2010 0.575 0.88
Feb 2010 0.587 0.902
Jan 2010 0.586 0.901
Dec 2009 0.571 0.881
Nov 2009 0.561 0.864
Oct 2009 0.598 0.921
Sep 2009 0.605 0.933
Aug 2009 0.611 0.943
Jul 2009 0.616 0.953
Jun 2009 0.617 0.953
May 2009 0.622 0.969
Apr 2009 0.629 0.982
Mar 2009 0.634 0.993
Feb 2009 0.641 1.006
Jan 2009 0.629 0.992
Dec 2008 0.617 0.977
Nov 2008 0.626 0.981
Oct 2008 0.629 0.967
Sep 2008 0.631 0.96
Aug 2008 0.634 0.964
Jul 2008 0.627 0.949
Jun 2008 0.633 0.963
May 2008 0.63 0.968
Apr 2008 0.627 0.972
Mar 2008 0.597 0.931
Feb 2008 0.54 0.849
Jan 2008 0.521 0.822
Dec 2007 0.525 0.832
Nov 2007 0.515 0.816
Oct 2007 0.508 0.81
Sep 2007 0.505 0.807
Aug 2007 0.506 0.81
Jul 2007 0.509 0.814
Jun 2007 0.512 0.818
May 2007 0.503 0.806
Apr 2007 0.517 0.833
Mar 2007 0.51 0.827
Feb 2007 0.507 0.83
Jan 2007 0.505 0.831
Dec 2006 0.499 0.823
Nov 2006 0.498 0.823
Oct 2006 0.489 0.807
Sep 2006 0.479 0.786
Aug 2006 0.492 0.804
Jul 2006 0.508 0.831
Jun 2006 0.511 0.839
May 2006 0.514 0.845
Apr 2006 0.508 0.84
Mar 2006 0.508 0.847
Feb 2006 0.508 0.851
Jan 2006 0.49 0.823
Dec 2005 0.482 0.816
Nov 2005 0.48 0.809
Oct 2005 0.491 0.821
Sep 2005 0.485 0.812
Aug 2005 0.487 0.826
Jul 2005 0.494 0.842
Jun 2005 0.493 0.844
May 2005 0.497 0.851
Apr 2005 0.503 0.861
Mar 2005 0.507 0.873
Feb 2005 0.502 0.872
Jan 2005 0.485 0.847
Dec 2004 0.474 0.829
Nov 2004 0.469 0.818
Oct 2004 0.485 0.846
Sep 2004 0.488 0.856
Aug 2004 0.507 0.891
Jul 2004 0.51 0.897
Jun 2004 0.498 0.874
May 2004 0.491 0.865
Apr 2004 0.505 0.895
Mar 2004 0.5 0.889
Feb 2004 0.504 0.901
Jan 2004 0.512 0.921
Dec 2003 0.504 0.911
Nov 2003 0.498 0.899
Oct 2003 0.49 0.882
Sep 2003 0.494 0.888
Aug 2003 0.514 0.927
Jul 2003 0.514 0.931
Jun 2003 0.521 0.944
May 2003 0.505 0.916
Apr 2003 0.517 0.937
Mar 2003 0.513 0.927
Feb 2003 0.508 0.924
Jan 2003 0.526 0.964
Dec 2002 0.504 0.928
Nov 2002 0.505 0.928
Oct 2002 0.504 0.926
Sep 2002 0.498 0.916
Aug 2002 0.499 0.92
Jul 2002 0.517 0.956
Jun 2002 0.512 0.948
May 2002 0.515 0.954
Apr 2002 0.504 0.933
Mar 2002 0.519 0.967
Feb 2002 0.504 0.944
Jan 2002 0.509 0.957
Dec 2001 0.505 0.952
Nov 2001 0.509 0.956
Oct 2001 0.503 0.943
Sep 2001 0.508 0.949
Aug 2001 0.519 0.974
Jul 2001 0.523 0.981
Jun 2001 0.506 0.947
May 2001 0.509 0.954
Apr 2001 0.492 0.926
Mar 2001 0.51 0.964
Feb 2001 0.496 0.94
Jan 2001 0.5 0.951
Dec 2000 0.487 0.932
Nov 2000 0.479 0.916
Oct 2000 0.496 0.949
Sep 2000 0.488 0.936
Aug 2000 0.49 0.944
Jul 2000 0.512 0.987
Jun 2000 0.506 0.977
May 2000 0.509 0.988
Apr 2000 0.51 0.991
Mar 2000 0.517 1.006
Feb 2000 0.528 1.036
Jan 2000 0.49 0.967
Dec 1999 0.494 0.977
Nov 1999 0.48 0.95
Oct 1999 0.471 0.933
Sep 1999 0.481 0.954
Aug 1999 0.49 0.977
Jul 1999 0.494 0.987
Jun 1999 0.502 1.006
May 1999 0.492 0.986
Apr 1999 0.482 0.966
Mar 1999 0.506 1.021
Feb 1999 0.509 1.03
Jan 1999 0.489 0.991
Dec 1998 0.51 1.036
Nov 1998 0.487 0.989
Oct 1998 0.47 0.954
Sep 1998 0.476 0.969
Aug 1998 0.489 0.997
Jul 1998 0.53 1.081
Jun 1998 0.507 1.036
May 1998 0.51 1.043
Apr 1998 0.511 1.047
Mar 1998 0.475 0.975
Feb 1998 0.489 1.006
Jan 1998 0.473 0.975
Dec 1997 0.461 0.952
Nov 1997 0.468 0.965
Oct 1997 0.459 0.946
Sep 1997 0.458 0.946
Aug 1997 0.475 0.984
Jul 1997 0.487 1.01
Jun 1997 0.488 1.014
May 1997 0.484 1.007
Apr 1997 0.512 1.064
Mar 1997 0.532 1.107
Feb 1997 0.518 1.081
Jan 1997 0.497 1.04
Dec 1996 0.481 1.01
Nov 1996 0.477 1.002
Oct 1996 0.465 0.978
Sep 1996 0.458 0.967
Aug 1996 0.478 1.012
Jul 1996 0.498 1.056
Jun 1996 0.498 1.058
May 1996 0.512 1.089
Apr 1996 0.505 1.076
Mar 1996 0.539 1.153
Feb 1996 0.501 1.077
Jan 1996 0.463 0.999
Dec 1995 0.454 0.985
Nov 1995 0.462 1.002
Oct 1995 0.471 1.021
Sep 1995 0.49 1.065
Aug 1995 0.512 1.115
Jul 1995 0.522 1.14
Jun 1995 0.49 1.07
May 1995 0.483 1.057
Apr 1995 0.485 1.063
Mar 1995 0.508 1.117
Feb 1995 0.496 1.095
Jan 1995 0.503 1.114
Dec 1994 0.458 1.019
Nov 1994 0.434 0.965
Oct 1994 0.43 0.958
Sep 1994 0.453 1.01
Aug 1994 0.48 1.073
Jul 1994 0.452 1.014
Jun 1994 0.447 1.006
May 1994 0.469 1.059
Apr 1994 0.469 1.06
Mar 1994 0.5 1.131
Feb 1994 0.514 1.167
Jan 1994 0.44 1.002
Dec 1993 0.414 0.946
Nov 1993 0.404 0.923
Oct 1993 0.405 0.926
Sep 1993 0.395 0.907
Aug 1993 0.422 0.971
Jul 1993 0.448 1.033
Jun 1993 0.446 1.029
May 1993 0.472 1.09
Apr 1993 0.483 1.117
Mar 1993 0.475 1.102
Feb 1993 0.475 1.105
Jan 1993 0.426 0.995
Dec 1992 0.404 0.948
Nov 1992 0.422 0.99
Oct 1992 0.442 1.038
Sep 1992 0.459 1.082
Aug 1992 0.509 1.203
Jul 1992 0.431 1.022
Jun 1992 0.463 1.1
May 1992 0.445 1.061
Apr 1992 0.484 1.155
Mar 1992 0.517 1.236
Feb 1992 0.493 1.185
Jan 1992 0.428 1.032
Dec 1991 0.419 1.012
Nov 1991 0.431 1.042
Oct 1991 0.395 0.957
Sep 1991 0.432 1.049
Aug 1991 0.416 1.014
Jul 1991 0.516 1.262
Jun 1991 0.532 1.303
May 1991 0.584 1.434
Apr 1991 0.547 1.347
Mar 1991 0.577 1.423
Feb 1991 0.485 1.198
Jan 1991 0.438 1.084
Dec 1990 0.43 1.07
Nov 1990 0.429 1.068
Oct 1990 0.432 1.078
Sep 1990 0.465 1.167
Aug 1990 0.463 1.172
Jul 1990 0.529 1.351
Jun 1990 0.447 1.146
May 1990 0.462 1.191
Apr 1990 0.481 1.243
Mar 1990 0.5 1.294
Feb 1990 0.492 1.28
Jan 1990 0.429 1.121
Dec 1989 0.416 1.099
Nov 1989 0.435 1.151
Oct 1989 0.432 1.145
Sep 1989 0.428 1.14
Aug 1989 0.434 1.16
Jul 1989 0.456 1.221
Jun 1989 0.479 1.285
May 1989 0.522 1.404
Apr 1989 0.523 1.415
Mar 1989 0.45 1.225
Feb 1989 0.415 1.137
Jan 1989 0.394 1.083
Dec 1988 0.407 1.125
Nov 1988 0.423 1.171
Oct 1988 0.421 1.166
Sep 1988 0.389 1.081
Aug 1988 0.397 1.111
Jul 1988 0.433 1.217
Jun 1988 0.501 1.414
May 1988 0.422 1.196
Apr 1988 0.423 1.203
Mar 1988 0.413 1.181
Feb 1988 0.415 1.191
Jan 1988 0.374 1.076
Dec 1987 0.375 1.082
Nov 1987 0.343 0.99
Oct 1987 0.346 0.999
Sep 1987 0.363 1.051
Aug 1987 0.367 1.068
Jul 1987 0.35 1.024
Jun 1987 0.39 1.144
May 1987 0.357 1.051
Apr 1987 0.381 1.126
Mar 1987 0.376 1.117
Dec 1986 0.333 1.004
Nov 1986 0.371 1.119
Oct 1986 0.372 1.123
Sep 1986 0.384 1.16
Aug 1986 0.369 1.12
Jul 1986 0.371 1.128
Jun 1986 0.376 1.144
May 1986 0.461 1.41
Apr 1986 0.464 1.423
Mar 1986 0.402 1.23
Feb 1986 0.378 1.152
Jan 1986 0.337 1.024
Dec 1985 0.321 0.978
Nov 1985 0.316 0.965
Oct 1985 0.346 1.06
Sep 1985 0.376 1.156
Aug 1985 0.361 1.113
Jul 1985 0.348 1.075
Jun 1985 0.399 1.235
May 1985 0.392 1.217
Apr 1985 0.422 1.315
Mar 1985 0.394 1.233
Feb 1985 0.378 1.188
Jan 1985 0.35 1.105
Dec 1984 0.317 1.003
Nov 1984 0.333 1.053
Oct 1984 0.341 1.078
Sep 1984 0.35 1.11
Aug 1984 0.362 1.154
Jul 1984 0.386 1.235
Jun 1984 0.391 1.256
May 1984 0.354 1.14
Apr 1984 0.389 1.256
Mar 1984 0.373 1.211
Feb 1984 0.373 1.213
Jan 1984 0.344 1.124
Dec 1983 0.315 1.036
Nov 1983 0.327 1.076
Oct 1983 0.385 1.269
Sep 1983 0.394 1.303
Aug 1983 0.403 1.339
Jul 1983 0.462 1.54
Jun 1983 0.449 1.503
May 1983 0.438 1.47
Apr 1983 0.416 1.405
Mar 1983 0.357 1.214
Feb 1983 0.352 1.197
Jan 1983 0.332 1.13
Dec 1982 0.337 1.15
Nov 1982 0.344 1.169
Oct 1982 0.317 1.075
Sep 1982 0.343 1.167
Aug 1982 0.332 1.132
Jul 1982 0.344 1.175
Jun 1982 0.381 1.308
May 1982 0.372 1.293
Apr 1982 0.38 1.333
Mar 1982 0.373 1.314
Feb 1982 0.359 1.264
Jan 1982 0.364 1.285
Dec 1981 0.364 1.29
Nov 1981 0.355 1.262
Oct 1981 0.364 1.298
Sep 1981 0.358 1.279
Aug 1981 0.351 1.266
Jul 1981 0.341 1.24
Jun 1981 0.369 1.356
May 1981 0.379 1.406
Apr 1981 0.377 1.409
Mar 1981 0.377 1.419
Feb 1981 0.366 1.387
Jan 1981 0.343 1.313
Dec 1980 0.349 1.347
Nov 1980 0.339 1.32
Oct 1980 0.335 1.316
Sep 1980 0.335 1.328
Aug 1980 0.335 1.339
Jul 1980 0.332 1.337
Jun 1980 0.348 1.401
May 1980 0.357 1.453
Apr 1980 0.353 1.451
Mar 1980 0.355 1.476
Feb 1980 0.345 1.456
Jan 1980 0.319 1.365

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.