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Financial tools for understanding prices, value, and purchasing power.

BLS average price

How much did lean ground beef cost in August 1998?

Lean ground beef averaged $2.08 per pound in August 1998.

$2.08

per pound in August 1998

Adjusted with CPI-U, that is about $4.25 in 2026 dollars.

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Source: U.S. Bureau of Labor Statistics Average Price Data, APU0000703113. Imported from BLS bulk time-series files (raw published monthly values).

Related historical prices

Lean ground beef prices in 1998
Historical lean ground beef prices
Lean ground beef prices in July 1998
Lean ground beef prices in September 1998
Grocery inflation calculator

Data: U.S. Bureau of Labor Statistics — CPI-U. Series CUUR0000SA0, base period 1982–84 = 100. Coverage: 1913–2026. April CPI is used for 2026 until the annual average is published.

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