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2023: what things cost, the #1 song and more

In 2023, a gallon of gas cost $3.66, a gallon of milk was $4.03, a stamp was 63¢ and the median house sold for $426,500. If you were born in 2023, you turn 3 in 2026. Here's how 2023 prices compare with today.

Born in
2023
Gen Alpha
🏠House$426,500Today: $393,300
⛽Gas$3.66Today: $4.48
🥛Milk$4.03Today: $4.11
🥚Eggs$2.80Today: $2.27
🍞Bread$1.96Today: $1.83
☕Coffee$6.16Today: $9.33
✉️Stamp63¢Today: 82¢
🎵 #1 song: “Last Night”
Morgan Wallen

Prices in 2023 vs. today

“In today's money” adjusts the 2023 price for inflation (CPI-U, Sep 2026). If today's price is higher than that, the item really did get more expensive, not just the dollar.

Item2023In today's moneyToday
🏠 Median price of a house soldmedian sale price$426,500$471,624$393,300
-8%
⛽ Gallon of regular gasper gallon$3.66$4.05$4.48
+23%
🥛 Gallon of whole milkper gallon$4.03$4.45$4.11
+2%
🥚 Dozen large eggsper dozen$2.80$3.09$2.27
-19%
🍞 Loaf of white breadper pound$1.96$2.17$1.83
-7%
☕ Pound of ground coffeeper pound$6.16$6.81$9.33
+52%
✉️ First-class postage stampper letter63¢70¢82¢
+30%
💡 Kilowatt-hour of home electricityper kWh, residential16.0¢17.7¢18.3¢
+14%
⏱️ Federal minimum wageper hour$7.25$8.02$7.25
+0%
🧰 Average factory worker's hourly payper hour, manufacturing production workers$26.35$29.14$30.21
+15%
👪 Median family incomeper year$100,800$111,465$110,500
+10%
🍔 Pound of ground beefper pound$5.02$5.55$6.79
+35%
🥓 Pound of baconper pound$6.65$7.36$6.76
+2%
🍗 Pound of whole chickenper pound$1.91$2.12$2.06
+8%
🧀 Pound of cheddar cheeseper pound$5.82$6.44$6.13
+5%
🍌 Pound of bananasper pound63¢70¢66¢
+4%
🍅 Pound of tomatoesper pound$1.92$2.12$1.99
+4%
🍬 Pound of white sugarper pound92¢$1.02$1.02
+11%
🌾 Pound of flourper pound55¢61¢55¢
-1%

2023 at a glance

Turning this year3 years old
GenerationGen Alpha
PresidentJoe Biden
U.S. population337.1 million
$1 back then is worth$1.11 today
#1 albumOne Thing at a Time – Morgan Wallen
🎵
Song of the year
“Last Night”
Morgan Wallen · Billboard Year-End #1

Questions people ask about 2023

How much was a gallon of gas in 2023?

Regular gasoline averaged $3.66 a gallon in 2023 (U.S. city average, including taxes). That's about $4.05 in today's money. In Sep 2026 it averaged $4.48.

How much was a postage stamp in 2023?

A first-class stamp cost 63¢ in 2023. Today it costs 82¢.

How much did a house cost in 2023?

The median price of a house sold in the U.S. in 2023 was $426,500, about $471,624 adjusted for inflation. The latest median (Q3 2026) is $393,300.

What was the minimum wage in 2023?

The federal minimum wage was $7.25 an hour in 2023, worth about $8.02 an hour today. It has been $7.25 since July 2009.

How much was milk in 2023?

A gallon of whole milk averaged $4.03 in 2023. Today: $4.11.

How much were eggs in 2023?

A dozen large Grade A eggs averaged $2.80 in 2023. Today: $2.27.

What was the #1 song of 2023?

Billboard's top song of 2023 was “Last Night” by Morgan Wallen.

How much is $1 from 2023 worth today?

$1 in 2023 buys about as much as $1.11 did in Sep 2026, based on the Consumer Price Index (CPI-U).

Sources: U.S. Census Bureau & HUD, Median Sales Price of Houses Sold; U.S. Energy Information Administration (regular gasoline, U.S. city average retail price incl. taxes; leaded until 1975, unleaded from 1976); U.S. Bureau of Labor Statistics, Average Price Data (U.S. city average); U.S. Postal Service rate history (rate in effect July 1); U.S. Energy Information Administration (average residential price incl. taxes); U.S. Department of Labor (rate in effect July 1); U.S. Bureau of Labor Statistics, Current Employment Statistics; U.S. Census Bureau, Current Population Survey; Billboard Year-End Hot 100. How we calculate these.