Special Report

The Price of Steak the Year You Were Born

LauriPatterson / Getty Images

Who doesn’t love a good steak? Well, vegans and vegetarians, maybe, but when dinner time rolls around, there are few meals that get most of us to the table quicker than a perfectly cooked steak hot out of the frying pan. 

Steak has long been synonymous with good eatin’, but it has also always been considered a luxury item.  A top-notch example like Japanese wagyu is up there with the most expensive foods on earth. At Scottsdale’s acclaimed Roka Akor, for instance, real-deal Tajima Kobe beef will set you back $68 an ounce, or almost $1,100 a pound! And even a “normal” steak will cost a pretty penny at a good steakhouse, with prices easily topping $50 or $60 for a rib eye or filet mignon. (These are America’s best steakhouses, according to Yelp.) 

The price of most foods, including steak, has seen an increase in recent months, due in part to supply chain shortages. But inflation has always been an aspect of everyday life, and it’s obvious that a dollar doesn’t get you nearly as far as it used to. That said, you might be surprised to learn that the cost of a pound of sirloin steak in 1950, when adjusted for inflation, is almost the same as the cost today.

Click here to see the cost of steak the year you were born

To determine the cost of steak the year you were born, 24/7 Wall St. calculated the average retail price of a pound of boneless USDA Choice sirloin steak at home in U.S. cities for every year from 1935 to 2020. Based on data from the Bureau of Labor Statistics, steak prices were adjusted using the annual consumer price index for beef and veal. For each year, we also adjusted steak prices for overall inflation using the annual consumer price index for all items. (For a more season-specific comparison, check out the cost of a Thanksgiving meal the year you were born.)

Source: Wikimedia Commons

1935
> Price of 1 pound of sirloin steak: $0.22
> Inflation-adjusted price of 1 pound of sirloin steak: $4.32

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Source: St. Paul Pioneer Press / Wikimedia Commons

1936
> Price of 1 pound of sirloin steak: $0.21
> Inflation-adjusted price of 1 pound of sirloin steak: $4.07

Source: State Library of New South Wales / Flickr

1937
> Price of 1 pound of sirloin steak: $0.23
> Inflation-adjusted price of 1 pound of sirloin steak: $4.43

Source: Wikimedia Commons

1938
> Price of 1 pound of sirloin steak: $0.22
> Inflation-adjusted price of 1 pound of sirloin steak: $4.20

Source: Library of Congress / Wikimedia Commons

1939
> Price of 1 pound of sirloin steak: $0.22
> Inflation-adjusted price of 1 pound of sirloin steak: $4.37

Source: Wikimedia Commons

1940
> Price of 1 pound of sirloin steak: $0.23
> Inflation-adjusted price of 1 pound of sirloin steak: $4.41

Source: National Archives and Records Administration, Franklin D. Roosevelt Library (NLFDR) / Wikimedia Commons

1941
> Price of 1 pound of sirloin steak: $0.24
> Inflation-adjusted price of 1 pound of sirloin steak: $4.51

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Source: National Archives / Getty Images

1942
> Price of 1 pound of sirloin steak: $0.27
> Inflation-adjusted price of 1 pound of sirloin steak: $4.54

Source: pingnews.com / Flickr

1943
> Price of 1 pound of sirloin steak: $0.27
> Inflation-adjusted price of 1 pound of sirloin steak: $4.30

Source: U.S. Navy National Museum of Naval Aviation / Wikimedia Commons

1944
> Price of 1 pound of sirloin steak: $0.26
> Inflation-adjusted price of 1 pound of sirloin steak: $4.03

Source: National Archives and Records Administration / Wikimedia Commons

1945
> Price of 1 pound of sirloin steak: $0.26
> Inflation-adjusted price of 1 pound of sirloin steak: $3.94

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Source: Wikimedia Commons

1946
> Price of 1 pound of sirloin steak: $0.33
> Inflation-adjusted price of 1 pound of sirloin steak: $4.63

Source: National Archives and Records Administration / Wikimedia Commons

1947
> Price of 1 pound of sirloin steak: $0.47
> Inflation-adjusted price of 1 pound of sirloin steak: $5.74

Source: Wikimedia Commons

1948
> Price of 1 pound of sirloin steak: $0.57
> Inflation-adjusted price of 1 pound of sirloin steak: $6.43

Source: The U.S. National Archives / Flickr

1949
> Price of 1 pound of sirloin steak: $0.53
> Inflation-adjusted price of 1 pound of sirloin steak: $6.06

Source: National Archives and Records Administration / Wikimedia Commons

1950
> Price of 1 pound of sirloin steak: $0.58
> Inflation-adjusted price of 1 pound of sirloin steak: $6.60

Source: Public Domain / Wikimedia Commons

1951
> Price of 1 pound of sirloin steak: $0.68
> Inflation-adjusted price of 1 pound of sirloin steak: $7.16

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Source: Wikimedia Commons

1952
> Price of 1 pound of sirloin steak: $0.67
> Inflation-adjusted price of 1 pound of sirloin steak: $6.97

Source: Library of Congress / Wikimedia Commons

1953
> Price of 1 pound of sirloin steak: $0.53
> Inflation-adjusted price of 1 pound of sirloin steak: $5.44

Source: Seattle Municipal Archives / Wikimedia Commons

1954
> Price of 1 pound of sirloin steak: $0.51
> Inflation-adjusted price of 1 pound of sirloin steak: $5.20

Source: Seattle Municipal Archives / Wikimedia Commons

1955
> Price of 1 pound of sirloin steak: $0.50
> Inflation-adjusted price of 1 pound of sirloin steak: $5.16

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Source: ABC Television / Wikimedia Commons

1956
> Price of 1 pound of sirloin steak: $0.50
> Inflation-adjusted price of 1 pound of sirloin steak: $5.01

Source: Public Domain / Wikimedia Commons

1957
> Price of 1 pound of sirloin steak: $0.53
> Inflation-adjusted price of 1 pound of sirloin steak: $5.21

Source: National Archives and Records Administration / Wikimedia Commons

1958
> Price of 1 pound of sirloin steak: $0.62
> Inflation-adjusted price of 1 pound of sirloin steak: $5.89

Source: The Sporting News Archives / Wikimedia Commons

1959
> Price of 1 pound of sirloin steak: $0.64
> Inflation-adjusted price of 1 pound of sirloin steak: $6.03

Source: Alden Jewell / Wikimedia Commons

1960
> Price of 1 pound of sirloin steak: $0.62
> Inflation-adjusted price of 1 pound of sirloin steak: $5.77

Source: The U.S. National Archives / Wikimedia Commons

1961
> Price of 1 pound of sirloin steak: $0.61
> Inflation-adjusted price of 1 pound of sirloin steak: $5.63

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Source: Wikimedia Commons

1962
> Price of 1 pound of sirloin steak: $0.64
> Inflation-adjusted price of 1 pound of sirloin steak: $5.78

Source: Executive Office of the President of the United States / Wikimedia Commons

1963
> Price of 1 pound of sirloin steak: $0.63
> Inflation-adjusted price of 1 pound of sirloin steak: $5.63

Source: Harry Pot, / Wikimedia Commons

1964
> Price of 1 pound of sirloin steak: $0.61
> Inflation-adjusted price of 1 pound of sirloin steak: $5.40

Source: Seattle Municipal Archives / Wikimedia Commons

1965
> Price of 1 pound of sirloin steak: $0.64
> Inflation-adjusted price of 1 pound of sirloin steak: $5.57

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Source: Nationaal Archief / Wikimedia Commons

1966
> Price of 1 pound of sirloin steak: $0.67
> Inflation-adjusted price of 1 pound of sirloin steak: $5.70

Source: JOHN LLOYD / Flickr

1967
> Price of 1 pound of sirloin steak: $0.68
> Inflation-adjusted price of 1 pound of sirloin steak: $5.56

Source: Ollie Atkins, White House photographer / Library of Congress / Wikimedia Commons

1968
> Price of 1 pound of sirloin steak: $0.70
> Inflation-adjusted price of 1 pound of sirloin steak: $5.55

Source: NASA / Wikimedia Commons

1969
> Price of 1 pound of sirloin steak: $0.78
> Inflation-adjusted price of 1 pound of sirloin steak: $5.80

Source: CBS Television / Wikimedia Commons

1970
> Price of 1 pound of sirloin steak: $0.81
> Inflation-adjusted price of 1 pound of sirloin steak: $5.72

Source: Leena A. Krohn / Wikimedia Commons

1971
> Price of 1 pound of sirloin steak: $0.85
> Inflation-adjusted price of 1 pound of sirloin steak: $5.73

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Source: U.S. National Archives and Records Administration / Wikimedia Commons

1972
> Price of 1 pound of sirloin steak: $0.92
> Inflation-adjusted price of 1 pound of sirloin steak: $6.06

Source: sterferg / Wikimedia Commons

1973
> Price of 1 pound of sirloin steak: $1.11
> Inflation-adjusted price of 1 pound of sirloin steak: $6.85

Source: ABC Television / Wikimedia Commons

1974
> Price of 1 pound of sirloin steak: $1.14
> Inflation-adjusted price of 1 pound of sirloin steak: $6.34

Source: O'Halloran, Thomas J. / Library of Congress / Wikimedia Commons

1975
> Price of 1 pound of sirloin steak: $1.15
> Inflation-adjusted price of 1 pound of sirloin steak: $5.87

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Source: White House Photograph Courtesy Gerald R. Ford Library / Wikimedia Commons

1976
> Price of 1 pound of sirloin steak: $1.11
> Inflation-adjusted price of 1 pound of sirloin steak: $5.37

Source: Derzsi Elekes Andor / Wikimedia Commons

1977
> Price of 1 pound of sirloin steak: $1.11
> Inflation-adjusted price of 1 pound of sirloin steak: $5.01

Source: Steve Morgan / Wikimedia Commons

1978
> Price of 1 pound of sirloin steak: $1.36
> Inflation-adjusted price of 1 pound of sirloin steak: $5.72

Source: Frances M Ginter / Getty Images

1979
> Price of 1 pound of sirloin steak: $1.73
> Inflation-adjusted price of 1 pound of sirloin steak: $6.54

Source: Bogaerts, Rob / Anefo / Wikimedia Commons

1980
> Price of 1 pound of sirloin steak: $1.83
> Inflation-adjusted price of 1 pound of sirloin steak: $6.09

Source: White House Photographic Office / The National Archives and Records Administration / Wikimedia Commons

1981
> Price of 1 pound of sirloin steak: $1.84
> Inflation-adjusted price of 1 pound of sirloin steak: $5.57

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Source: Wikimedia Commons

1982
> Price of 1 pound of sirloin steak: $1.87
> Inflation-adjusted price of 1 pound of sirloin steak: $5.32

Source: Wikimedia Commons

1983
> Price of 1 pound of sirloin steak: $1.84
> Inflation-adjusted price of 1 pound of sirloin steak: $5.07

Source: Marcin Wichary / Wikimedia Commons

1984
> Price of 1 pound of sirloin steak: $1.86
> Inflation-adjusted price of 1 pound of sirloin steak: $4.92

Source: Wikimedia Commons

1985
> Price of 1 pound of sirloin steak: $1.83
> Inflation-adjusted price of 1 pound of sirloin steak: $4.65

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Source: A1C Nancy Smelser / Wikimedia Commons

1986
> Price of 1 pound of sirloin steak: $1.84
> Inflation-adjusted price of 1 pound of sirloin steak: $4.60

Source: Virginia Tehan / Wikimedia Commons

1987
> Price of 1 pound of sirloin steak: $1.98
> Inflation-adjusted price of 1 pound of sirloin steak: $4.77

Source: National Park Service / Wikimedia Commons

1988
> Price of 1 pound of sirloin steak: $2.08
> Inflation-adjusted price of 1 pound of sirloin steak: $4.83

Source: Library of Congress / Wikimedia Commons

1989
> Price of 1 pound of sirloin steak: $2.22
> Inflation-adjusted price of 1 pound of sirloin steak: $4.91

Source: Andrew Thomas / Wikimedia Commons

1990
> Price of 1 pound of sirloin steak: $2.39
> Inflation-adjusted price of 1 pound of sirloin steak: $5.03

Source: U.S. Air Force / Wikimedia Commons

1991
> Price of 1 pound of sirloin steak: $2.46
> Inflation-adjusted price of 1 pound of sirloin steak: $4.96

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Source: Gary B. Edstrom / Wikimedia Commons

1992
> Price of 1 pound of sirloin steak: $2.46
> Inflation-adjusted price of 1 pound of sirloin steak: $4.81

Source: Official White House photograph / Wikimedia Commons

1993
> Price of 1 pound of sirloin steak: $2.55
> Inflation-adjusted price of 1 pound of sirloin steak: $4.84

Source: Andrea Booher / FEMA / Wikimedia Commons

1994
> Price of 1 pound of sirloin steak: $2.53
> Inflation-adjusted price of 1 pound of sirloin steak: $4.68

Source: NASA / Wikimedia Commons

1995
> Price of 1 pound of sirloin steak: $2.51
> Inflation-adjusted price of 1 pound of sirloin steak: $4.51

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Source: Public Domain / Wikimedia Commons

1996
> Price of 1 pound of sirloin steak: $2.50
> Inflation-adjusted price of 1 pound of sirloin steak: $4.37

Source: Jeff J Mitchell / Getty Images

1997
> Price of 1 pound of sirloin steak: $2.54
> Inflation-adjusted price of 1 pound of sirloin steak: $4.35

Source: Flickr user Kevin Jarrett / Wikimedia Commons

1998
> Price of 1 pound of sirloin steak: $2.54
> Inflation-adjusted price of 1 pound of sirloin steak: $4.27

Source: Grj23 / Wikimedia Commons

1999
> Price of 1 pound of sirloin steak: $2.59
> Inflation-adjusted price of 1 pound of sirloin steak: $4.26

Source: Rob Boudon / Wikimedia Commons

2000
> Price of 1 pound of sirloin steak: $2.75
> Inflation-adjusted price of 1 pound of sirloin steak: $4.39

Source: SFC Thomas R. Roberts / Wikimedia Commons

2001
> Price of 1 pound of sirloin steak: $2.98
> Inflation-adjusted price of 1 pound of sirloin steak: $4.62

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Source: Sergeant Joseph R. Chenelly, United States Marine Corps / Wikimedia Commons

2002
> Price of 1 pound of sirloin steak: $2.99
> Inflation-adjusted price of 1 pound of sirloin steak: $4.55

Source: National Archive Catalog / Wikimedia Commons

2003
> Price of 1 pound of sirloin steak: $3.26
> Inflation-adjusted price of 1 pound of sirloin steak: $4.85

Source: Tech. Sgt. Jerry Morrison Jr., U.S. Air Force / Wikimedia Commons

2004
> Price of 1 pound of sirloin steak: $3.63
> Inflation-adjusted price of 1 pound of sirloin steak: $5.27

Source: Jocelyn Augustino / Wikimedia Commons

2005
> Price of 1 pound of sirloin steak: $3.73
> Inflation-adjusted price of 1 pound of sirloin steak: $5.23

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Source: Kjetil Ree / Wikimedia Commons

2006
> Price of 1 pound of sirloin steak: $3.76
> Inflation-adjusted price of 1 pound of sirloin steak: $5.11

Source: Ben Stanfield / Wikimedia Commons

2007
> Price of 1 pound of sirloin steak: $3.92
> Inflation-adjusted price of 1 pound of sirloin steak: $5.19

Source: CODEPINK Women For Peace / Wikimedia Commons

2008
> Price of 1 pound of sirloin steak: $4.10
> Inflation-adjusted price of 1 pound of sirloin steak: $5.23

Source: Master Sgt. Cecilio Ricardo, U.S. Air Force / Wikimedia Commons

2009
> Price of 1 pound of sirloin steak: $4.06
> Inflation-adjusted price of 1 pound of sirloin steak: $5.19

Source: U.S. Coast Guard / Wikimedia Commons

2010
> Price of 1 pound of sirloin steak: $4.17
> Inflation-adjusted price of 1 pound of sirloin steak: $5.25

Source: David Shankbone / Wikimedia Commons

2011
> Price of 1 pound of sirloin steak: $4.60
> Inflation-adjusted price of 1 pound of sirloin steak: $5.61

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Source: New Jersey National Guard / Wikimedia Commons

2012
> Price of 1 pound of sirloin steak: $4.89
> Inflation-adjusted price of 1 pound of sirloin steak: $5.84

Source: White House / Sonya Hebert / Wikimedia Commons

2013
> Price of 1 pound of sirloin steak: $4.99
> Inflation-adjusted price of 1 pound of sirloin steak: $5.87

Source: TechCrunch / Wikimedia Commons

2014
> Price of 1 pound of sirloin steak: $5.59
> Inflation-adjusted price of 1 pound of sirloin steak: $6.48

Source: Difference engine / Wikimedia Commons

2015
> Price of 1 pound of sirloin steak: $6.00
> Inflation-adjusted price of 1 pound of sirloin steak: $6.94

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Source: Krassotkin, Gage Skidmore / Wikimedia Commons

2016
> Price of 1 pound of sirloin steak: $5.62
> Inflation-adjusted price of 1 pound of sirloin steak: $6.42

Source: Wikimedia Commons

2017
> Price of 1 pound of sirloin steak: $5.55
> Inflation-adjusted price of 1 pound of sirloin steak: $6.21

Source: Photo by Clive Brunskill / Getty Images
PARIS, FRANCE – MAY 31: Serena Williams of The United States celebrates during the ladies singles second round match against Ashleigh Barty of Ausralia during day five of the 2018 French Open at Roland Garros on May 31, 2018 in Paris, France. (Photo by Clive Brunskill/Getty Images)

2018
> Price of 1 pound of sirloin steak: $5.63
> Inflation-adjusted price of 1 pound of sirloin steak: $6.15

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Source: United States House of Representatives or Office of the Speaker of the House, Public domain, via Wikimedia Commons

2019
> Price of 1 pound of sirloin steak: $5.71
> Inflation-adjusted price of 1 pound of sirloin steak: $6.13

Source: Spencer Platt / Staff / Getty Images

2020
> Price of 1 pound of sirloin steak: $6.27
> Inflation-adjusted price of 1 pound of sirloin steak: $6.64

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