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 September 2026 (our latest available CPI data baseline).

Key Takeaways
  • The latest average price for a pound of bananas was $0.656, in September 2026.
  • In January 1980, the nominal price was $0.319, which is equivalent to $1.382 in today's dollars.
  • Since January 1980, the inflation-adjusted price has fallen 52.52%, an average decline of -1.58% per year.
  • The peak inflation-adjusted price was $1.558, 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
Sep 2026 0.656 0.656
Aug 2026 0.652 0.656
Jul 2026 0.65 0.656
Jun 2026 0.645 0.651
May 2026 0.646 0.65
Apr 2026 0.654 0.662
Mar 2026 0.657 0.67
Feb 2026 0.653 0.673
Jan 2026 0.653 0.676
Dec 2025 0.656 0.682
Nov 2025 0.664 0.69
Sep 2025 0.67 0.695
Aug 2025 0.666 0.693
Jul 2025 0.657 0.685
Jun 2025 0.654 0.683
May 2025 0.655 0.687
Apr 2025 0.635 0.667
Mar 2025 0.625 0.658
Feb 2025 0.619 0.654
Jan 2025 0.621 0.659
Dec 2024 0.615 0.657
Nov 2024 0.622 0.664
Oct 2024 0.619 0.661
Sep 2024 0.617 0.659
Aug 2024 0.612 0.655
Jul 2024 0.613 0.657
Jun 2024 0.625 0.67
May 2024 0.622 0.667
Apr 2024 0.626 0.673
Mar 2024 0.629 0.679
Feb 2024 0.625 0.679
Jan 2024 0.617 0.674
Dec 2023 0.625 0.687
Nov 2023 0.627 0.688
Oct 2023 0.626 0.686
Sep 2023 0.625 0.684
Aug 2023 0.631 0.692
Jul 2023 0.631 0.696
Jun 2023 0.625 0.69
May 2023 0.628 0.696
Apr 2023 0.635 0.705
Mar 2023 0.632 0.706
Feb 2023 0.641 0.718
Jan 2023 0.639 0.72
Dec 2022 0.628 0.713
Nov 2022 0.631 0.714
Oct 2022 0.634 0.717
Sep 2022 0.643 0.73
Aug 2022 0.643 0.732
Jul 2022 0.64 0.728
Jun 2022 0.64 0.728
May 2022 0.642 0.74
Apr 2022 0.637 0.742
Mar 2022 0.642 0.752
Feb 2022 0.628 0.746
Jan 2022 0.63 0.755
Dec 2021 0.622 0.752
Nov 2021 0.619 0.75
Oct 2021 0.6 0.731
Sep 2021 0.597 0.733
Aug 2021 0.589 0.725
Jul 2021 0.594 0.733
Jun 2021 0.595 0.738
May 2021 0.6 0.751
Apr 2021 0.604 0.762
Mar 2021 0.594 0.756
Feb 2021 0.59 0.756
Jan 2021 0.597 0.769
Dec 2020 0.572 0.74
Nov 2020 0.578 0.748
Oct 2020 0.577 0.747
Sep 2020 0.574 0.743
Aug 2020 0.576 0.747
Jul 2020 0.58 0.754
Jun 2020 0.588 0.769
May 2020 0.589 0.774
Apr 2020 0.581 0.764
Mar 2020 0.576 0.752
Feb 2020 0.574 0.748
Jan 2020 0.57 0.744
Dec 2019 0.573 0.751
Nov 2019 0.573 0.751
Oct 2019 0.573 0.75
Sep 2019 0.569 0.747
Aug 2019 0.578 0.759
Jul 2019 0.569 0.747
Jun 2019 0.574 0.755
May 2019 0.579 0.762
Apr 2019 0.567 0.748
Mar 2019 0.581 0.77
Feb 2019 0.571 0.761
Jan 2019 0.576 0.771
Dec 2018 0.577 0.774
Nov 2018 0.566 0.757
Oct 2018 0.574 0.765
Sep 2018 0.573 0.765
Aug 2018 0.569 0.76
Jul 2018 0.575 0.769
Jun 2018 0.575 0.769
May 2018 0.575 0.77
Apr 2018 0.578 0.777
Mar 2018 0.582 0.786
Feb 2018 0.574 0.777
Jan 2018 0.568 0.772
Dec 2017 0.558 0.763
Nov 2017 0.551 0.753
Oct 2017 0.548 0.749
Sep 2017 0.544 0.743
Aug 2017 0.561 0.77
Jul 2017 0.565 0.778
Jun 2017 0.572 0.787
May 2017 0.564 0.776
Apr 2017 0.571 0.787
Mar 2017 0.571 0.789
Feb 2017 0.573 0.793
Jan 2017 0.573 0.795
Dec 2016 0.576 0.804
Nov 2016 0.573 0.8
Oct 2016 0.57 0.795
Sep 2016 0.575 0.802
Aug 2016 0.562 0.786
Jul 2016 0.567 0.794
Jun 2016 0.569 0.795
May 2016 0.57 0.799
Apr 2016 0.574 0.808
Mar 2016 0.586 0.829
Feb 2016 0.573 0.814
Jan 2016 0.581 0.826
Dec 2015 0.58 0.826
Nov 2015 0.575 0.816
Oct 2015 0.577 0.817
Sep 2015 0.58 0.821
Aug 2015 0.58 0.82
Jul 2015 0.581 0.82
Jun 2015 0.574 0.81
May 2015 0.582 0.825
Apr 2015 0.597 0.85
Mar 2015 0.593 0.846
Feb 2015 0.591 0.848
Jan 2015 0.583 0.841
Dec 2014 0.585 0.839
Nov 2014 0.592 0.845
Oct 2014 0.582 0.826
Sep 2014 0.606 0.858
Aug 2014 0.608 0.861
Jul 2014 0.606 0.857
Jun 2014 0.607 0.858
May 2014 0.603 0.854
Apr 2014 0.597 0.848
Mar 2014 0.597 0.851
Feb 2014 0.599 0.86
Jan 2014 0.595 0.857
Dec 2013 0.592 0.856
Nov 2013 0.587 0.849
Oct 2013 0.586 0.845
Sep 2013 0.601 0.865
Aug 2013 0.595 0.857
Jul 2013 0.602 0.868
Jun 2013 0.603 0.87
May 2013 0.603 0.872
Apr 2013 0.597 0.865
Mar 2013 0.609 0.882
Feb 2013 0.611 0.887
Jan 2013 0.609 0.891
Dec 2012 0.606 0.889
Nov 2012 0.6 0.878
Oct 2012 0.602 0.877
Sep 2012 0.597 0.869
Aug 2012 0.595 0.87
Jul 2012 0.604 0.888
Jun 2012 0.605 0.888
May 2012 0.599 0.878
Apr 2012 0.603 0.883
Mar 2012 0.607 0.892
Feb 2012 0.603 0.892
Jan 2012 0.604 0.898
Dec 2011 0.599 0.894
Nov 2011 0.598 0.891
Oct 2011 0.607 0.903
Sep 2011 0.607 0.901
Aug 2011 0.606 0.901
Jul 2011 0.611 0.911
Jun 2011 0.614 0.917
May 2011 0.617 0.92
Apr 2011 0.621 0.93
Mar 2011 0.621 0.936
Feb 2011 0.625 0.952
Jan 2011 0.596 0.912
Dec 2010 0.587 0.902
Nov 2010 0.581 0.895
Oct 2010 0.58 0.894
Sep 2010 0.573 0.884
Aug 2010 0.576 0.889
Jul 2010 0.583 0.901
Jun 2010 0.577 0.892
May 2010 0.571 0.882
Apr 2010 0.58 0.896
Mar 2010 0.575 0.89
Feb 2010 0.587 0.913
Jan 2010 0.586 0.911
Dec 2009 0.571 0.891
Nov 2009 0.561 0.874
Oct 2009 0.598 0.932
Sep 2009 0.605 0.944
Aug 2009 0.611 0.954
Jul 2009 0.616 0.964
Jun 2009 0.617 0.964
May 2009 0.622 0.98
Apr 2009 0.629 0.994
Mar 2009 0.634 1.004
Feb 2009 0.641 1.018
Jan 2009 0.629 1.004
Dec 2008 0.617 0.989
Nov 2008 0.626 0.993
Oct 2008 0.629 0.979
Sep 2008 0.631 0.972
Aug 2008 0.634 0.975
Jul 2008 0.627 0.96
Jun 2008 0.633 0.975
May 2008 0.63 0.98
Apr 2008 0.627 0.983
Mar 2008 0.597 0.942
Feb 2008 0.54 0.859
Jan 2008 0.521 0.832
Dec 2007 0.525 0.842
Nov 2007 0.515 0.826
Oct 2007 0.508 0.819
Sep 2007 0.505 0.816
Aug 2007 0.506 0.82
Jul 2007 0.509 0.823
Jun 2007 0.512 0.828
May 2007 0.503 0.815
Apr 2007 0.517 0.843
Mar 2007 0.51 0.837
Feb 2007 0.507 0.839
Jan 2007 0.505 0.841
Dec 2006 0.499 0.833
Nov 2006 0.498 0.833
Oct 2006 0.489 0.816
Sep 2006 0.479 0.795
Aug 2006 0.492 0.813
Jul 2006 0.508 0.841
Jun 2006 0.511 0.849
May 2006 0.514 0.855
Apr 2006 0.508 0.849
Mar 2006 0.508 0.857
Feb 2006 0.508 0.861
Jan 2006 0.49 0.833
Dec 2005 0.482 0.825
Nov 2005 0.48 0.818
Oct 2005 0.491 0.831
Sep 2005 0.485 0.822
Aug 2005 0.487 0.835
Jul 2005 0.494 0.852
Jun 2005 0.493 0.854
May 2005 0.497 0.861
Apr 2005 0.503 0.871
Mar 2005 0.507 0.884
Feb 2005 0.502 0.882
Jan 2005 0.485 0.857
Dec 2004 0.474 0.839
Nov 2004 0.469 0.827
Oct 2004 0.485 0.856
Sep 2004 0.488 0.866
Aug 2004 0.507 0.901
Jul 2004 0.51 0.907
Jun 2004 0.498 0.885
May 2004 0.491 0.875
Apr 2004 0.505 0.905
Mar 2004 0.5 0.899
Feb 2004 0.504 0.912
Jan 2004 0.512 0.931
Dec 2003 0.504 0.921
Nov 2003 0.498 0.909
Oct 2003 0.49 0.892
Sep 2003 0.494 0.899
Aug 2003 0.514 0.938
Jul 2003 0.514 0.942
Jun 2003 0.521 0.956
May 2003 0.505 0.927
Apr 2003 0.517 0.948
Mar 2003 0.513 0.938
Feb 2003 0.508 0.935
Jan 2003 0.526 0.975
Dec 2002 0.504 0.939
Nov 2002 0.505 0.939
Oct 2002 0.504 0.937
Sep 2002 0.498 0.927
Aug 2002 0.499 0.93
Jul 2002 0.517 0.967
Jun 2002 0.512 0.959
May 2002 0.515 0.965
Apr 2002 0.504 0.944
Mar 2002 0.519 0.978
Feb 2002 0.504 0.955
Jan 2002 0.509 0.968
Dec 2001 0.505 0.963
Nov 2001 0.509 0.967
Oct 2001 0.503 0.954
Sep 2001 0.508 0.96
Aug 2001 0.519 0.985
Jul 2001 0.523 0.993
Jun 2001 0.506 0.958
May 2001 0.509 0.965
Apr 2001 0.492 0.937
Mar 2001 0.51 0.975
Feb 2001 0.496 0.951
Jan 2001 0.5 0.962
Dec 2000 0.487 0.943
Nov 2000 0.479 0.927
Oct 2000 0.496 0.96
Sep 2000 0.488 0.947
Aug 2000 0.49 0.955
Jul 2000 0.512 0.998
Jun 2000 0.506 0.989
May 2000 0.509 1
Apr 2000 0.51 1.003
Mar 2000 0.517 1.018
Feb 2000 0.528 1.048
Jan 2000 0.49 0.978
Dec 1999 0.494 0.989
Nov 1999 0.48 0.961
Oct 1999 0.471 0.944
Sep 1999 0.481 0.965
Aug 1999 0.49 0.988
Jul 1999 0.494 0.998
Jun 1999 0.502 1.018
May 1999 0.492 0.997
Apr 1999 0.482 0.977
Mar 1999 0.506 1.033
Feb 1999 0.509 1.043
Jan 1999 0.489 1.003
Dec 1998 0.51 1.048
Nov 1998 0.487 1.001
Oct 1998 0.47 0.966
Sep 1998 0.476 0.98
Aug 1998 0.489 1.008
Jul 1998 0.53 1.094
Jun 1998 0.507 1.048
May 1998 0.51 1.056
Apr 1998 0.511 1.06
Mar 1998 0.475 0.987
Feb 1998 0.489 1.018
Jan 1998 0.473 0.986
Dec 1997 0.461 0.963
Nov 1997 0.468 0.976
Oct 1997 0.459 0.957
Sep 1997 0.458 0.957
Aug 1997 0.475 0.995
Jul 1997 0.487 1.022
Jun 1997 0.488 1.026
May 1997 0.484 1.019
Apr 1997 0.512 1.077
Mar 1997 0.532 1.12
Feb 1997 0.518 1.094
Jan 1997 0.497 1.053
Dec 1996 0.481 1.022
Nov 1996 0.477 1.013
Oct 1996 0.465 0.99
Sep 1996 0.458 0.978
Aug 1996 0.478 1.024
Jul 1996 0.498 1.069
Jun 1996 0.498 1.071
May 1996 0.512 1.102
Apr 1996 0.505 1.089
Mar 1996 0.539 1.166
Feb 1996 0.501 1.09
Jan 1996 0.463 1.01
Dec 1995 0.454 0.997
Nov 1995 0.462 1.013
Oct 1995 0.471 1.033
Sep 1995 0.49 1.078
Aug 1995 0.512 1.128
Jul 1995 0.522 1.153
Jun 1995 0.49 1.083
May 1995 0.483 1.069
Apr 1995 0.485 1.076
Mar 1995 0.508 1.131
Feb 1995 0.496 1.108
Jan 1995 0.503 1.128
Dec 1994 0.458 1.031
Nov 1994 0.434 0.977
Oct 1994 0.43 0.969
Sep 1994 0.453 1.022
Aug 1994 0.48 1.085
Jul 1994 0.452 1.026
Jun 1994 0.447 1.018
May 1994 0.469 1.071
Apr 1994 0.469 1.072
Mar 1994 0.5 1.144
Feb 1994 0.514 1.181
Jan 1994 0.44 1.014
Dec 1993 0.414 0.957
Nov 1993 0.404 0.934
Oct 1993 0.405 0.937
Sep 1993 0.395 0.917
Aug 1993 0.422 0.982
Jul 1993 0.448 1.045
Jun 1993 0.446 1.041
May 1993 0.472 1.103
Apr 1993 0.483 1.13
Mar 1993 0.475 1.115
Feb 1993 0.475 1.118
Jan 1993 0.426 1.007
Dec 1992 0.404 0.959
Nov 1992 0.422 1.001
Oct 1992 0.442 1.05
Sep 1992 0.459 1.095
Aug 1992 0.509 1.217
Jul 1992 0.431 1.034
Jun 1992 0.463 1.113
May 1992 0.445 1.073
Apr 1992 0.484 1.169
Mar 1992 0.517 1.251
Feb 1992 0.493 1.198
Jan 1992 0.428 1.044
Dec 1991 0.419 1.024
Nov 1991 0.431 1.054
Oct 1991 0.395 0.969
Sep 1991 0.432 1.061
Aug 1991 0.416 1.026
Jul 1991 0.516 1.277
Jun 1991 0.532 1.318
May 1991 0.584 1.451
Apr 1991 0.547 1.363
Mar 1991 0.577 1.44
Feb 1991 0.485 1.212
Jan 1991 0.438 1.096
Dec 1990 0.43 1.083
Nov 1990 0.429 1.08
Oct 1990 0.432 1.09
Sep 1990 0.465 1.181
Aug 1990 0.463 1.185
Jul 1990 0.529 1.367
Jun 1990 0.447 1.159
May 1990 0.462 1.205
Apr 1990 0.481 1.257
Mar 1990 0.5 1.309
Feb 1990 0.492 1.295
Jan 1990 0.429 1.135
Dec 1989 0.416 1.112
Nov 1989 0.435 1.164
Oct 1989 0.432 1.159
Sep 1989 0.428 1.154
Aug 1989 0.434 1.174
Jul 1989 0.456 1.235
Jun 1989 0.479 1.301
May 1989 0.522 1.421
Apr 1989 0.523 1.432
Mar 1989 0.45 1.24
Feb 1989 0.415 1.15
Jan 1989 0.394 1.096
Dec 1988 0.407 1.138
Nov 1988 0.423 1.185
Oct 1988 0.421 1.18
Sep 1988 0.389 1.094
Aug 1988 0.397 1.124
Jul 1988 0.433 1.231
Jun 1988 0.501 1.431
May 1988 0.422 1.21
Apr 1988 0.423 1.217
Mar 1988 0.413 1.194
Feb 1988 0.415 1.205
Jan 1988 0.374 1.089
Dec 1987 0.375 1.095
Nov 1987 0.343 1.001
Oct 1987 0.346 1.011
Sep 1987 0.363 1.064
Aug 1987 0.367 1.081
Jul 1987 0.35 1.036
Jun 1987 0.39 1.158
May 1987 0.357 1.064
Apr 1987 0.381 1.139
Mar 1987 0.376 1.13
Dec 1986 0.333 1.015
Nov 1986 0.371 1.132
Oct 1986 0.372 1.136
Sep 1986 0.384 1.174
Aug 1986 0.369 1.133
Jul 1986 0.371 1.142
Jun 1986 0.376 1.157
May 1986 0.461 1.426
Apr 1986 0.464 1.44
Mar 1986 0.402 1.245
Feb 1986 0.378 1.165
Jan 1986 0.337 1.036
Dec 1985 0.321 0.99
Nov 1985 0.316 0.977
Oct 1985 0.346 1.073
Sep 1985 0.376 1.17
Aug 1985 0.361 1.126
Jul 1985 0.348 1.088
Jun 1985 0.399 1.249
May 1985 0.392 1.231
Apr 1985 0.422 1.33
Mar 1985 0.394 1.248
Feb 1985 0.378 1.202
Jan 1985 0.35 1.118
Dec 1984 0.317 1.014
Nov 1984 0.333 1.066
Oct 1984 0.341 1.091
Sep 1984 0.35 1.123
Aug 1984 0.362 1.167
Jul 1984 0.386 1.249
Jun 1984 0.391 1.27
May 1984 0.354 1.154
Apr 1984 0.389 1.271
Mar 1984 0.373 1.225
Feb 1984 0.373 1.227
Jan 1984 0.344 1.137
Dec 1983 0.315 1.048
Nov 1983 0.327 1.089
Oct 1983 0.385 1.284
Sep 1983 0.394 1.318
Aug 1983 0.403 1.355
Jul 1983 0.462 1.558
Jun 1983 0.449 1.52
May 1983 0.438 1.488
Apr 1983 0.416 1.422
Mar 1983 0.357 1.229
Feb 1983 0.352 1.211
Jan 1983 0.332 1.144
Dec 1982 0.337 1.163
Nov 1982 0.344 1.183
Oct 1982 0.317 1.088
Sep 1982 0.343 1.18
Aug 1982 0.332 1.145
Jul 1982 0.344 1.189
Jun 1982 0.381 1.323
May 1982 0.372 1.308
Apr 1982 0.38 1.349
Mar 1982 0.373 1.33
Feb 1982 0.359 1.279
Jan 1982 0.364 1.301
Dec 1981 0.364 1.305
Nov 1981 0.355 1.277
Oct 1981 0.364 1.313
Sep 1981 0.358 1.294
Aug 1981 0.351 1.281
Jul 1981 0.341 1.254
Jun 1981 0.369 1.372
May 1981 0.379 1.422
Apr 1981 0.377 1.426
Mar 1981 0.377 1.435
Feb 1981 0.366 1.403
Jan 1981 0.343 1.328
Dec 1980 0.349 1.363
Nov 1980 0.339 1.336
Oct 1980 0.335 1.331
Sep 1980 0.335 1.344
Aug 1980 0.335 1.355
Jul 1980 0.332 1.353
Jun 1980 0.348 1.418
May 1980 0.357 1.471
Apr 1980 0.353 1.468
Mar 1980 0.355 1.493
Feb 1980 0.345 1.473
Jan 1980 0.319 1.382

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.