Retail Ground Beef Prices By Month

Retail ground beef prices were at $4.80/lb. in December, down 5 cents from the month prior and up 20 cents from the same time last year.

Retail ground beef prices down 5 cents

Retail ground beef prices were at $4.80/lb. in December, down 5 cents from the month prior and up 20 cents from the same time last year.   Retail ground beef prices were at $4.94/lb. in August, the highest on record.   Retail ground beef prices averaged $4.81 in 2022, the highest annual average on record.

Retail ground beef prices averaged $4.26 in 2021, up 14 cents from 2020.  This is the highest annual average on record.   Retail ground beef prices averaged $4.12 in 2020, up 31 cents from 2019.  

Retail ground beef prices reached $4 for the first time in history in August 2014.