Hot dogs priced at $5 in 1968→$42.07 in 2026

Hot Dogs Inflation Calculator

Enter a starting cost to estimate an equivalent purchase using the category CPI. This is a hypothetical calculation, not an observed retail price.

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Prices for Hot Dogs, 1968-2026 ($5)

According to the U.S. Bureau of Labor Statistics, prices for frankfurters are 741.41% higher in 2026 versus 1968 (a $37.07 difference in value).

The latest available average price is $5.221 in April 2022 for Frankfurters, all meat or all beef, per lb. (453.6 gm). See observed price history.

The dollar amounts in this section illustrate the category CPI calculation; they are not a series of observed prices.

Between 1968 and 2026:Hot dogs experienced an average inflation rate of 3.74% per year. This rate of change indicates significant inflation. In other words, hot dogs costing $5 in the year 1968 would cost $42.07 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.96% during this same period, inflation for hot dogs was lower.

In the year 1968: Pricing changed by 0.22%, which is significantly below the average yearly change for hot dogs during the 1968-2026 time period. Compared to inflation for all items in 1968 (4.27%), inflation for hot dogs was much lower.

Price Inflation for Frankfurters since 1951

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1973 (30.12%), 1978 (24%), and 1979 (17.60%).

Hot dogs price history

Frankfurters, all meat or all beef, per lb. (453.6 gm). U.S. city average. Source: Bureau of Labor Statistics average prices, through April 2022.

These observed prices cover the specific product and unit above, which may be narrower than the hot dogs CPI category. Local prices vary.

● Average price paid● In 2026 dollars

Annual averages use the available monthly observations; 2022 is a partial year through April 2022. The latest monthly price above may differ from the annual average. Gaps are left blank.

Annual average prices for Frankfurters, all meat or all beef, per lb. (453.6 gm)
YearAverage price paidIn 2026 dollars
2022 (partial)$5.089$5.825
2021$4.008$4.954
2020$3.537$4.578
2019$3.099$4.061
2018$2.915$3.887
2017$2.851$3.897
2016$3.24$4.522
2015$3.57$5.046
2014No observation—
2013No observation—
2012No observation—
2011No observation—
2010No observation—
2009No observation—
2008No observation—
2007No observation—
2006No observation—
2005No observation—
2004No observation—
2003No observation—
2002No observation—
2001No observation—
2000No observation—
1999No observation—
1998No observation—
1997$2.265$4.727
1996$2.08$4.44
1995$2.026$4.454
1994$2.113$4.775
1993$2.107$4.884
1992$2.241$5.35
1991$2.353$5.788
1990$2.289$5.867
1989$2.064$5.575
1988$2.024$5.732
1987$1.989$5.864
1986$1.931$5.902
1985$1.814$5.647
1984$1.799$5.80
1983$1.808$6.08
1982$1.817$6.308
1981$1.768$6.514
1980$1.721$6.995

What did hot dogs cost in earlier years?

How are prices adjusted for inflation?

Price in 2026 dollars = observed annual price × (2026 all-items CPI ÷ that year's all-items CPI). This measures overall purchasing power using the U.S. inflation index; the latest CPI year may be incomplete.

Average prices describe price levels. Changes in the products and stores sampled can affect these averages; category CPI controls for such changes and can follow a different path. Read the BLS explanation of average prices versus indexes.


View price changes for other categories
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Buying power of $5.00 since 1968

Below are calculations of equivalent buying power for Hot dogs, over time, for $5 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$5.000.22%
1969$5.438.66%
1970$5.806.69%
1971$5.74-1.05%
1972$6.228.42%
1973$8.0930.12%
1974$7.98-1.39%
1975$8.263.49%
1976$8.320.80%
1977$8.12-2.40%
1978$10.0724.00%
1979$11.8517.60%
1980$12.263.53%
1981$12.814.41%
1982$13.344.16%
1983$13.22-0.86%
1984$13.230.03%
1985$13.250.16%
1986$13.532.16%
1987$14.527.26%
1988$14.952.97%
1989$15.392.97%
1990$17.1411.35%
1991$17.622.81%
1992$17.41-1.18%
1993$17.621.22%
1994$18.273.65%
1995$18.390.67%
1996$18.852.49%
1997$19.272.22%
1998$19.18-0.48%
1999$19.290.62%
2000$19.712.15%
2001$20.604.54%
2002$20.851.17%
2003$22.055.76%
2004$22.341.34%
2005$22.430.41%
2006$22.761.44%
2007$23.794.52%
2008$24.583.35%
2009$25.041.87%
2010$25.03-0.07%
2011$26.706.69%
2012$27.432.74%
2013$27.40-0.11%
2014$28.624.44%
2015$30.556.75%
2016$29.89-2.16%
2017$30.110.74%
2018$30.431.04%
2019$30.851.41%
2020$33.247.73%
2021$33.480.73%
2022$37.1510.97%
2023$38.463.52%
2024$40.415.06%
2025$40.590.46%
2026$42.073.63%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Frankfurters:

Year1951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI33.55833.05030.08328.80027.60027.04229.50033.67533.33332.50833.02533.15833.10832.84234.95838.20837.61737.70040.96743.70843.25046.89261.01760.16762.26762.76761.25875.95889.32592.47596.550100.56799.70099.72599.883102.042109.450112.700116.050129.225132.858131.292132.892137.742138.658142.117145.275144.583145.475148.600155.350157.175166.233168.467169.150171.592179.344185.350188.824188.694201.309206.830206.612215.781230.354225.371227.044229.406232.631250.606252.430280.130289.987304.673306.085317.210

Adjust hot dogs prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1968* 1968 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Frankfurters was 37.700 in the year 1968 and 317.210 in 2026:

317.210 / 37.700* $5 = $42.07

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 1968 has the same "purchasing power" as $42.07 in 2026 (in the CPI category of Frankfurters).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Frankfurters in 1951. In addition to hot dogs, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.