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What things cost in 1981

In 1981, a gallon of regular gas cost $1.38, a dozen large eggs $0.899 and a pound of white bread $0.525 on average, according to the U.S. Bureau of Labor Statistics. Prices overall were 3.5 times higher by 2025, so $1.00 in 1981 bought about as much as $3.54 did in 2025.

By category

Energy: a gallon of regular gas $1.38, a gallon of heating oil $1.25 and a kilowatt-hour of electricity $0.069. Bread, grains and baking: a pound of white bread $0.525, a pound of whole wheat bread $0.776, a pound of all-purpose flour $0.224, a pound of white rice $0.563 and a pound of chocolate chip cookies $1.73. Meat and poultry in 1981: a pound of whole chicken $0.732, a pound of frozen whole turkey $0.978, a pound of sliced bacon $1.67, a pound of pork chops $2.13, a pound of hot dogs $1.77 and a pound of bologna $2.11. In eggs and dairy, a dozen large eggs cost $0.899 and a half gallon of ice cream cost $2.02. Fruit and vegetables: a pound of bananas $0.362, a pound of lemons $0.70, a pound of iceberg lettuce $0.487 and a pound of tomatoes $0.77. Pantry and snacks in 1981: a pound of white sugar $0.40 and 16 ounces of potato chips $2.28. In coffee, beer and wine, a pound of ground coffee cost $2.53.

What changed

Compared with 1980, the biggest increases were for a gallon of heating oil (up 24%), a kilowatt-hour of electricity (up 15%) and a pound of sliced bacon (up 14%), and the biggest decreases were for a pound of ground coffee (down 19%) and a pound of white sugar (down 6%).

Since 1981, 3 of these 23 items have risen faster than overall inflation, so they cost more today even after adjusting for it: a dozen large eggs, a pound of sliced bacon and a pound of white bread. The other 20 are cheaper in real terms than in 1981; the biggest real-terms drops were for a pound of bologna (55% lower), a pound of bananas (50% lower) and a pound of white rice (47% lower). Some of these series end before 2025; for those, the comparison uses the last year the Bureau published.

Every item in 1981

Everyday prices in 1981
ItemPrice in 1981In 2025 dollarsLatest priceReal change to latest
A gallon of regular gas$1.38$4.89$3.26 (2025)−33%
A gallon of heating oil$1.25$4.43$3.62 (2025)−18%
A kilowatt-hour of electricity$0.069$0.244$0.185 (2025)−24%
A pound of white bread$0.525$1.86$1.87 (2025)+1%
A pound of whole wheat bread$0.776$2.75$2.70 (2025)−2%
A pound of all-purpose flour$0.224$0.793$0.56 (2025)−29%
A pound of white rice$0.563$1.99$1.05 (2025)−47%
A pound of chocolate chip cookies$1.73$6.13$5.05 (2025)−18%
A pound of whole chicken$0.732$2.59$2.06 (2025)−21%
A pound of frozen whole turkey$0.978$3.46$1.52 (2019)−45%
A pound of sliced bacon$1.67$5.91$7.02 (2025)+19%
A pound of pork chops$2.13$7.54$4.56 (2025)−40%
A pound of hot dogs$1.77$6.27$4.01 (2021)−24%
A pound of bologna$2.11$7.47$2.70 (2019)−55%
A dozen large eggs$0.899$3.18$4.25 (2025)+33%
A half gallon of ice cream$2.02$7.15$6.37 (2025)−11%
A pound of bananas$0.362$1.28$0.647 (2025)−50%
A pound of lemons$0.70$2.48$2.00 (2025)−19%
A pound of iceberg lettuce$0.487$1.72$1.59 (2025)−8%
A pound of tomatoes$0.77$2.73$1.84 (2025)−33%
A pound of white sugar$0.40$1.42$1.02 (2025)−28%
16 ounces of potato chips$2.28$8.08$6.71 (2025)−17%
A pound of ground coffee$2.53$8.96$8.18 (2025)−9%

Average prices are U.S. city averages from the U.S. Bureau of Labor Statistics (average price data), averaged over each calendar year. A year is included only when the Bureau published at least nine months of prices for it. Values in 2025 dollars use the Consumer Price Index for All Urban Consumers (CPI-U) annual average. See how Sticker Shock builds its data. Figures may contain errors and are not financial advice.