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The latest report shows ground beef continues to steadily increase. Last May, the average price of ground beef per pound was $5.33. This May, it reached $6.02, a 12.15% price difference.

However, when you look at the price of Kirkland Signature Ground Beef at a Southern California Costco, it breaks down to about $6.21 per pound, which our experts say is too much.

The latest report shows ground beef continues to steadily increase. Last May, the average price of ground beef per pound was $5.33. This May, it reached $6.02, a 12.15% price difference.