US Average Bread Price Adjusted for Inflation

Tracking inflation-adjusted bread prices reveals how consumer purchasing power has changed over time, providing a clearer picture of real price trends.

The prices in this page represent white bread sold by the pound (453.6 grams) in urban areas across the United States. This includes all white pre-packaged regular bread regardless of size, both frozen and fresh.

Adjusted prices are shown in "today’s dollars", meaning they are benchmarked to the purchasing power of September 2025 (our latest available CPI data baseline).

Key Takeaways
  • The latest average price for a pound of bread was $1.867, in September 2025.
  • In January 1980, the nominal price was $0.501, which is equivalent to $2.092 in today's dollars.
  • Since January 1980, the inflation-adjusted price has fallen 10.74%, an average decline of -0.25% per year.
  • The peak inflation-adjusted price was $2.186, reached in December 2008.

As one of America's fundamental dietary components, bread serves as a key economic indicator in consumer spending patterns and food price monitoring systems nationwide.

This historical data reveals how bread prices have changed over time due to factors such as wheat prices, production costs, market competition and consumer preferences.

Although nominal prices have risen steadily, inflation-adjusted values show that the real cost of bread has remained relatively stable, with only modest fluctuations over time.

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 bread, separate from the general rise in the cost of living.

The following table provides a month-by-month breakdown.

Month Nominal Inflation-Adjusted
Sep 2025 1.867 1.867
Aug 2025 1.841 1.846
Jul 2025 1.851 1.861
Jun 2025 1.864 1.877
May 2025 1.876 1.895
Apr 2025 1.913 1.937
Mar 2025 1.88 1.909
Feb 2025 1.925 1.959
Jan 2025 1.925 1.968
Dec 2024 1.912 1.968
Nov 2024 1.916 1.973
Oct 2024 1.937 1.993
Sep 2024 1.976 2.036
Aug 2024 1.951 2.013
Jul 2024 1.975 2.039
Jun 2024 1.973 2.04
May 2024 1.971 2.038
Apr 2024 1.998 2.07
Mar 2024 1.997 2.077
Feb 2024 2.006 2.1
Jan 2024 2.033 2.141
Dec 2023 2.024 2.143
Nov 2023 1.976 2.09
Oct 2023 2.002 2.113
Sep 2023 1.972 2.081
Aug 2023 1.97 2.084
Jul 2023 1.98 2.104
Jun 2023 1.937 2.062
May 2023 1.951 2.084
Apr 2023 1.989 2.13
Mar 2023 1.936 2.083
Feb 2023 1.896 2.047
Jan 2023 1.888 2.05
Dec 2022 1.873 2.05
Nov 2022 1.847 2.015
Oct 2022 1.814 1.977
Sep 2022 1.749 1.914
Aug 2022 1.756 1.926
Jul 2022 1.715 1.88
Jun 2022 1.691 1.854
May 2022 1.606 1.785
Apr 2022 1.612 1.811
Mar 2022 1.607 1.815
Feb 2022 1.578 1.807
Jan 2022 1.555 1.796
Dec 2021 1.532 1.785
Nov 2021 1.547 1.808
Oct 2021 1.526 1.792
Sep 2021 1.58 1.871
Aug 2021 1.467 1.742
Jul 2021 1.491 1.774
Jun 2021 1.51 1.805
May 2021 1.511 1.823
Apr 2021 1.51 1.837
Mar 2021 1.526 1.871
Feb 2021 1.537 1.898
Jan 2021 1.546 1.92
Dec 2020 1.538 1.918
Nov 2020 1.515 1.891
Oct 2020 1.503 1.875
Sep 2020 1.492 1.862
Aug 2020 1.495 1.868
Jul 2020 1.485 1.862
Jun 2020 1.474 1.857
May 2020 1.412 1.789
Apr 2020 1.406 1.781
Mar 2020 1.374 1.729
Feb 2020 1.375 1.726
Jan 2020 1.351 1.701
Dec 2019 1.363 1.723
Nov 2019 1.361 1.719
Oct 2019 1.325 1.672
Sep 2019 1.296 1.639
Aug 2019 1.275 1.614
Jul 2019 1.281 1.622
Jun 2019 1.28 1.623
May 2019 1.289 1.635
Apr 2019 1.285 1.633
Mar 2019 1.261 1.611
Feb 2019 1.282 1.647
Jan 2019 1.274 1.644
Dec 2018 1.29 1.668
Nov 2018 1.274 1.642
Oct 2018 1.277 1.64
Sep 2018 1.288 1.657
Aug 2018 1.302 1.677
Jul 2018 1.293 1.666
Jun 2018 1.279 1.649
May 2018 1.293 1.669
Apr 2018 1.281 1.661
Mar 2018 1.309 1.704
Feb 2018 1.265 1.65
Jan 2018 1.281 1.679
Dec 2017 1.316 1.734
Nov 2017 1.295 1.705
Oct 2017 1.328 1.749
Sep 2017 1.349 1.775
Aug 2017 1.348 1.783
Jul 2017 1.327 1.761
Jun 2017 1.335 1.77
May 2017 1.327 1.761
Apr 2017 1.328 1.764
Mar 2017 1.329 1.771
Feb 2017 1.358 1.811
Jan 2017 1.351 1.807
Dec 2016 1.362 1.832
Nov 2016 1.362 1.833
Oct 2016 1.343 1.805
Sep 2016 1.329 1.788
Aug 2016 1.341 1.808
Jul 2016 1.349 1.821
Jun 2016 1.333 1.796
May 2016 1.382 1.869
Apr 2016 1.406 1.909
Mar 2016 1.416 1.931
Feb 2016 1.407 1.927
Jan 2016 1.425 1.954
Dec 2015 1.428 1.961
Nov 2015 1.409 1.928
Oct 2015 1.418 1.936
Sep 2015 1.432 1.955
Aug 2015 1.42 1.935
Jul 2015 1.447 1.969
Jun 2015 1.467 1.997
May 2015 1.463 1.998
Apr 2015 1.454 1.996
Mar 2015 1.44 1.981
Feb 2015 1.435 1.986
Jan 2015 1.479 2.055
Dec 2014 1.466 2.028
Nov 2014 1.42 1.953
Oct 2014 1.414 1.934
Sep 2014 1.405 1.917
Aug 2014 1.396 1.906
Jul 2014 1.413 1.926
Jun 2014 1.4 1.908
May 2014 1.401 1.913
Apr 2014 1.388 1.902
Mar 2014 1.359 1.868
Feb 2014 1.388 1.92
Jan 2014 1.365 1.895
Dec 2013 1.385 1.93
Nov 2013 1.382 1.926
Oct 2013 1.358 1.889
Sep 2013 1.419 1.968
Aug 2013 1.408 1.955
Jul 2013 1.434 1.994
Jun 2013 1.439 2.002
May 2013 1.401 1.953
Apr 2013 1.409 1.968
Mar 2013 1.412 1.97
Feb 2013 1.411 1.974
Jan 2013 1.422 2.006
Dec 2012 1.436 2.031
Nov 2012 1.418 2.001
Oct 2012 1.422 1.997
Sep 2012 1.401 1.966
Aug 2012 1.407 1.984
Jul 2012 1.427 2.023
Jun 2012 1.403 1.986
May 2012 1.412 1.996
Apr 2012 1.426 2.013
Mar 2012 1.395 1.975
Feb 2012 1.442 2.057
Jan 2012 1.423 2.039
Dec 2011 1.42 2.044
Nov 2011 1.399 2.009
Oct 2011 1.457 2.09
Sep 2011 1.477 2.114
Aug 2011 1.474 2.113
Jul 2011 1.513 2.175
Jun 2011 1.49 2.144
May 2011 1.472 2.116
Apr 2011 1.42 2.051
Mar 2011 1.415 2.057
Feb 2011 1.398 2.052
Jan 2011 1.401 2.066
Dec 2010 1.386 2.054
Nov 2010 1.375 2.041
Oct 2010 1.407 2.089
Sep 2010 1.386 2.061
Aug 2010 1.372 2.041
Jul 2010 1.36 2.026
Jun 2010 1.383 2.061
May 2010 1.359 2.023
Apr 2010 1.363 2.031
Mar 2010 1.368 2.042
Feb 2010 1.361 2.04
Jan 2010 1.36 2.039
Dec 2009 1.39 2.091
Nov 2009 1.373 2.061
Oct 2009 1.392 2.091
Sep 2009 1.34 2.015
Aug 2009 1.375 2.069
Jul 2009 1.391 2.098
Jun 2009 1.385 2.086
May 2009 1.413 2.146
Apr 2009 1.395 2.125
Mar 2009 1.41 2.153
Feb 2009 1.404 2.149
Jan 2009 1.381 2.124
Dec 2008 1.415 2.186
Nov 2008 1.377 2.105
Oct 2008 1.393 2.089
Sep 2008 1.379 2.047
Aug 2008 1.381 2.047
Jul 2008 1.384 2.044
Jun 2008 1.373 2.038
May 2008 1.37 2.054
Apr 2008 1.373 2.076
Mar 2008 1.35 2.054
Feb 2008 1.321 2.027
Jan 2008 1.281 1.971
Dec 2007 1.28 1.979
Nov 2007 1.235 1.909
Oct 2007 1.274 1.98
Sep 2007 1.212 1.888
Aug 2007 1.21 1.89
Jul 2007 1.209 1.885
Jun 2007 1.193 1.86
May 2007 1.192 1.862
Apr 2007 1.201 1.887
Mar 2007 1.161 1.836
Feb 2007 1.168 1.864
Jan 2007 1.153 1.85
Dec 2006 1.137 1.83
Nov 2006 1.143 1.842
Oct 2006 1.097 1.766
Sep 2006 1.083 1.734
Aug 2006 1.088 1.733
Jul 2006 1.071 1.709
Jun 2006 1.074 1.719
May 2006 1.086 1.742
Apr 2006 1.072 1.728
Mar 2006 1.04 1.691
Feb 2006 1.029 1.682
Jan 2006 1.046 1.713
Dec 2005 1.046 1.726
Nov 2005 1.055 1.734
Oct 2005 1.043 1.701
Sep 2005 1.052 1.719
Aug 2005 1.06 1.753
Jul 2005 1.067 1.774
Jun 2005 1.09 1.82
May 2005 1.086 1.814
Apr 2005 1.004 1.676
Mar 2005 1.002 1.684
Feb 2005 0.982 1.663
Jan 2005 0.997 1.698
Dec 2004 0.97 1.656
Nov 2004 0.976 1.66
Oct 2004 0.972 1.654
Sep 2004 0.985 1.685
Aug 2004 0.996 1.707
Jul 2004 0.985 1.689
Jun 2004 0.979 1.676
May 2004 0.96 1.649
Apr 2004 0.974 1.683
Mar 2004 0.947 1.641
Feb 2004 0.943 1.645
Jan 2004 0.946 1.659
Dec 2003 0.954 1.681
Nov 2003 0.953 1.678
Oct 2003 0.969 1.701
Sep 2003 0.994 1.743
Aug 2003 0.996 1.752
Jul 2003 1.002 1.77
Jun 2003 0.961 1.699
May 2003 1.001 1.772
Apr 2003 1.047 1.85
Mar 2003 1.042 1.837
Feb 2003 1.048 1.859
Jan 2003 1.042 1.863
Dec 2002 1.026 1.842
Nov 2002 1.054 1.888
Oct 2002 1.015 1.818
Sep 2002 1.016 1.823
Aug 2002 1.012 1.819
Jul 2002 1.015 1.83
Jun 2002 1.011 1.825
May 2002 1.012 1.828
Apr 2002 1.005 1.815
Mar 2002 1.012 1.838
Feb 2002 1.008 1.841
Jan 2002 1.001 1.836
Dec 2001 1.005 1.847
Nov 2001 1.012 1.853
Oct 2001 1.01 1.846
Sep 2001 0.996 1.814
Aug 2001 0.991 1.813
Jul 2001 0.987 1.806
Jun 2001 0.989 1.805
May 2001 0.995 1.819
Apr 2001 1.008 1.851
Mar 2001 1.02 1.88
Feb 2001 0.994 1.836
Jan 2001 0.982 1.822
Dec 2000 0.987 1.842
Nov 2000 0.953 1.778
Oct 2000 0.934 1.743
Sep 2000 0.918 1.717
Aug 2000 0.923 1.735
Jul 2000 0.935 1.757
Jun 2000 0.915 1.724
May 2000 0.915 1.733
Apr 2000 0.927 1.758
Mar 2000 0.924 1.753
Feb 2000 0.924 1.767
Jan 2000 0.907 1.745
Dec 1999 0.899 1.735
Nov 1999 0.899 1.735
Oct 1999 0.889 1.717
Sep 1999 0.878 1.698
Aug 1999 0.884 1.718
Jul 1999 0.893 1.74
Jun 1999 0.885 1.73
May 1999 0.886 1.731
Apr 1999 0.897 1.753
Mar 1999 0.883 1.738
Feb 1999 0.88 1.738
Jan 1999 0.872 1.724
Dec 1998 0.866 1.716
Nov 1998 0.855 1.693
Oct 1998 0.849 1.681
Sep 1998 0.86 1.707
Aug 1998 0.869 1.727
Jul 1998 0.867 1.726
Jun 1998 0.859 1.712
May 1998 0.866 1.728
Apr 1998 0.863 1.725
Mar 1998 0.853 1.708
Feb 1998 0.86 1.725
Jan 1998 0.855 1.718
Dec 1997 0.884 1.78
Nov 1997 0.897 1.804
Oct 1997 0.899 1.807
Sep 1997 0.885 1.783
Aug 1997 0.872 1.761
Jul 1997 0.872 1.765
Jun 1997 0.874 1.771
May 1997 0.854 1.733
Apr 1997 0.855 1.733
Mar 1997 0.855 1.736
Feb 1997 0.858 1.746
Jan 1997 0.862 1.76
Dec 1996 0.875 1.792
Nov 1996 0.88 1.802
Oct 1996 0.873 1.791
Sep 1996 0.886 1.824
Aug 1996 0.915 1.889
Jul 1996 0.889 1.839
Jun 1996 0.886 1.836
May 1996 0.869 1.802
Apr 1996 0.865 1.798
Mar 1996 0.852 1.777
Feb 1996 0.858 1.799
Jan 1996 0.86 1.809
Dec 1995 0.837 1.771
Nov 1995 0.821 1.736
Oct 1995 0.809 1.71
Sep 1995 0.808 1.713
Aug 1995 0.797 1.693
Jul 1995 0.789 1.68
Jun 1995 0.781 1.663
May 1995 0.768 1.639
Apr 1995 0.776 1.659
Mar 1995 0.775 1.663
Feb 1995 0.767 1.651
Jan 1995 0.767 1.657
Dec 1994 0.748 1.623
Nov 1994 0.766 1.662
Oct 1994 0.756 1.642
Sep 1994 0.776 1.687
Aug 1994 0.753 1.641
Jul 1994 0.759 1.661
Jun 1994 0.761 1.67
May 1994 0.765 1.685
Apr 1994 0.765 1.686
Mar 1994 0.755 1.666
Feb 1994 0.756 1.674
Jan 1994 0.768 1.706
Dec 1993 0.76 1.693
Nov 1993 0.771 1.718
Oct 1993 0.75 1.672
Sep 1993 0.748 1.674
Aug 1993 0.745 1.671
Jul 1993 0.762 1.714
Jun 1993 0.752 1.691
May 1993 0.752 1.694
Apr 1993 0.744 1.678
Mar 1993 0.742 1.678
Feb 1993 0.751 1.705
Jan 1993 0.748 1.704
Dec 1992 0.738 1.689
Nov 1992 0.747 1.709
Oct 1992 0.752 1.722
Sep 1992 0.756 1.738
Aug 1992 0.776 1.789
Jul 1992 0.771 1.782
Jun 1992 0.757 1.754
May 1992 0.752 1.748
Apr 1992 0.746 1.737
Mar 1992 0.747 1.742
Feb 1992 0.73 1.711
Jan 1992 0.726 1.707
Dec 1991 0.717 1.689
Nov 1991 0.731 1.723
Oct 1991 0.72 1.702
Sep 1991 0.717 1.697
Aug 1991 0.714 1.698
Jul 1991 0.7 1.669
Jun 1991 0.705 1.684
May 1991 0.705 1.689
Apr 1991 0.701 1.684
Mar 1991 0.702 1.689
Feb 1991 0.701 1.689
Jan 1991 0.705 1.701
Dec 1990 0.7 1.699
Nov 1990 0.71 1.724
Oct 1990 0.706 1.718
Sep 1990 0.7 1.713
Aug 1990 0.713 1.76
Jul 1990 0.685 1.706
Jun 1990 0.687 1.718
May 1990 0.678 1.704
Apr 1990 0.686 1.729
Mar 1990 0.68 1.716
Feb 1990 0.701 1.779
Jan 1990 0.689 1.757
Dec 1989 0.688 1.772
Nov 1989 0.676 1.744
Oct 1989 0.674 1.743
Sep 1989 0.671 1.744
Aug 1989 0.674 1.757
Jul 1989 0.671 1.752
Jun 1989 0.664 1.738
May 1989 0.655 1.718
Apr 1989 0.655 1.728
Mar 1989 0.654 1.737
Feb 1989 0.652 1.742
Jan 1989 0.653 1.751
Dec 1988 0.657 1.771
Nov 1988 0.645 1.741
Oct 1988 0.642 1.735
Sep 1988 0.636 1.724
Aug 1988 0.619 1.69
Jul 1988 0.602 1.65
Jun 1988 0.601 1.654
May 1988 0.598 1.653
Apr 1988 0.595 1.65
Mar 1988 0.587 1.637
Feb 1988 0.586 1.641
Jan 1988 0.586 1.645
Dec 1987 0.571 1.607
Nov 1987 0.559 1.573
Oct 1987 0.559 1.575
Sep 1987 0.551 1.556
Aug 1987 0.546 1.55
Jul 1987 0.544 1.553
Jun 1987 0.533 1.525
May 1987 0.54 1.551
Apr 1987 0.542 1.562
Mar 1987 0.541 1.568
Feb 1987 0.539 1.569
Jan 1987 0.544 1.589
Dec 1986 0.566 1.664
Nov 1986 0.564 1.659
Oct 1986 0.565 1.664
Sep 1986 0.566 1.668
Aug 1986 0.57 1.688
Jul 1986 0.564 1.673
Jun 1986 0.569 1.688
May 1986 0.562 1.676
Apr 1986 0.561 1.678
Mar 1986 0.56 1.672
Feb 1986 0.563 1.673
Jan 1986 0.566 1.677
Dec 1985 0.568 1.688
Nov 1985 0.564 1.681
Oct 1985 0.566 1.691
Sep 1985 0.561 1.682
Aug 1985 0.553 1.663
Jul 1985 0.556 1.675
Jun 1985 0.546 1.648
May 1985 0.542 1.641
Apr 1985 0.544 1.653
Mar 1985 0.544 1.661
Feb 1985 0.544 1.667
Jan 1985 0.551 1.696
Dec 1984 0.544 1.678
Nov 1984 0.543 1.675
Oct 1984 0.54 1.666
Sep 1984 0.539 1.667
Aug 1984 0.543 1.688
Jul 1984 0.541 1.688
Jun 1984 0.542 1.698
May 1984 0.541 1.699
Apr 1984 0.536 1.689
Mar 1984 0.542 1.716
Feb 1984 0.541 1.716
Jan 1984 0.543 1.731
Dec 1983 0.547 1.754
Nov 1983 0.547 1.756
Oct 1983 0.535 1.72
Sep 1983 0.536 1.729
Aug 1983 0.539 1.747
Jul 1983 0.544 1.769
Jun 1983 0.542 1.769
May 1983 0.542 1.775
Apr 1983 0.538 1.772
Mar 1983 0.544 1.805
Feb 1983 0.544 1.805
Jan 1983 0.541 1.797
Dec 1982 0.537 1.787
Nov 1982 0.534 1.77
Oct 1982 0.534 1.766
Sep 1982 0.536 1.778
Aug 1982 0.534 1.775
Jul 1982 0.534 1.779
Jun 1982 0.525 1.758
May 1982 0.529 1.794
Apr 1982 0.526 1.8
Mar 1982 0.526 1.808
Feb 1982 0.534 1.833
Jan 1982 0.537 1.85
Dec 1981 0.521 1.8
Nov 1981 0.527 1.827
Oct 1981 0.521 1.812
Sep 1981 0.524 1.826
Aug 1981 0.519 1.826
Jul 1981 0.521 1.847
Jun 1981 0.523 1.875
May 1981 0.525 1.899
Apr 1981 0.519 1.892
Mar 1981 0.538 1.974
Feb 1981 0.533 1.969
Jan 1981 0.531 1.982
Dec 1980 0.519 1.953
Nov 1980 0.519 1.972
Oct 1980 0.514 1.969
Sep 1980 0.511 1.976
Aug 1980 0.507 1.977
Jul 1980 0.511 2.007
Jun 1980 0.503 1.976
May 1980 0.504 2.001
Apr 1980 0.507 2.033
Mar 1980 0.502 2.036
Feb 1980 0.507 2.087
Jan 1980 0.501 2.092

About the Data

Price data is collected and published by the U.S. Bureau of Labor Statistics (BLS) on a monthly basis. The US Average Bread Price represents the average cost of a pound of white, pan bread in urban areas across the United States.

We have adjusted these prices for inflation based on the Consumer Price Index for All Urban Consumers (CPI-U). While a specific CPI for "Food" exists, using the broader CPI-U allows us to compare bread prices against the overall cost of goods and services typically purchased by households, revealing whether bread has become relatively more or less expensive compared to general inflation over time.

This data allows consumers and policymakers to understand trends in staple food prices and their impact on household budgets. By adjusting for inflation, this page provides insights into the real cost of bread over time, helping users make informed decisions and conduct meaningful analyses.