The average loaf of white bread cost 12 cents in 1947. Market variations affected local and seasonal prices just as they do in 2014, but that number represented a national average in the United States.
As of July 2014, the cost of the average, comparable loaf of bread ranges from $2.42 to $2.99.
One dollar in 1947 represented the same consumer buying power as $9.79 in 2014. A quick look at the math suggests that the increase in the cost of bread has exceeded inflation generally. The rate of inflation by decade for the cost of bread has been variable, with the largest increase, substantial 165 percent, occurring between 1990 and 2000.