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Ribeye steak is one of the most popular cuts of steak for its rich, beefy flavor. Here are average ribeye steak prices in your area along with answers to frequently asked questions:
The average price of ribeye steak per pound ranges from $12-18, depending on the quality and location. Most grocery stores sell ribeye for around $13-15 per pound. Higher-end butchers and steakhouses may charge $16-18 per pound or more for premium cuts.
Several factors influence ribeye steak pricing, including quality of cut, marbling/fat content, location, and source of the beef. Choice or Prime grades with higher marbling command higher prices than Select or lower grades. Organic, grass-fed, and dry-aged ribeyes also tend to be more expensive.
A 1-pound ribeye steak will typically serve 2 people moderately or 1 person very generously. Most recipes calculate 6-8 ounces of cooked ribeye per serving. So a 1-pound or 16-ounce cut would yield about 2-3 servings depending on portion sizes.
More affordable steak options include sirloin, top sirloin, tri-tip, and skirt steak. Chuck eye steak can also be a budget-friendly ribeye alternative with rich marbling and flavor at a lower price point. Other budget cuts include flank, flat iron, and hanger steaks.
Manager's specials or sales around major holidays are generally the best times to find deals on ribeye steak. You may also save a dollar or two per pound by purchasing whole ribeyes instead of pre-cut steaks. Sales tend to decrease ribeye prices the most at the beginning and end of each month.
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