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

BLS average price

How much did long-grain white rice cost in May 1998?

Long-grain white rice averaged $0.54 per pound in May 1998.

$0.54

per pound in May 1998

Adjusted with CPI-U, that is about $1.11 in 2026 dollars.

See calculation

Source: U.S. Bureau of Labor Statistics Average Price Data, APU0000701312. Imported from BLS bulk time-series files (raw published monthly values).

Related historical prices

Long-grain white rice prices in 1998
Historical rice prices
Long-grain white rice prices in April 1998
Long-grain white rice prices in June 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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