How Much Does Filet Mignon Cost?

Written by: Staff

Filet mignon is known as the steak cut of beef that’s taken from the end of the tenderloin, which runs along both sides of the spine, of either a steer or heifer.  The average steer, according to Wikipedia, will no more than 500 grams of filet mignon.

Filet Mignon with Blue Cheese by naotakem, on Flickr
Filet Mignon with Blue Cheese” (CC BY 2.0) by  naotakem

How much does filet mignon cost per pound?

On average, plan on spending anywhere from $13 to as much as $25 per pound at your local grocery store or butcher.  The price will depend on the size, if it’s organic, your geographical location and where you purchase it.  Since this cut of beef is known to be the most tender part of a cow, it’s often the most desirable, hence the inflated cost.

Bone-in filet mignon, which isn’t a cut that’s found very often, can be much more, often costing up to $80 per 12 to 14 ounces.

For instance, on this thread, one member said he paid about $20 per pound at his local Wegman’s and a similar price at a local butcher located in New Jersey.

At Trader’s Joe, for example, the average USDA Choice premium steak can cost anywhere from $13 to $22 per pound.  Whole Foods, a similar grocery store, averages about $20 per pound, according to our research. says Costco charges around $13.99 per pound and will refer to it as a tenderloin steak, not filet mignon.

Filet mignon overview

Filet mignon is often one to two inches thick on average and can either be served as-is or wrapped in bacon.  Some butchers or grocery stores may already prep it with the bacon, while others will sell as is.

The average steak will have 278 calories, 18 grams of fat, 101 mg of cholesterol and 28 grams of protein.

Tips to know:

Filet mignon does not contain a lot of fat since it’s considered to be very lean, and because of this, you may need to make certain adjustments when cooking this type of meat since it can become dry.  Filet mignon, for example, can often be wrapped in bacon which can supply the fat, or you can consider brushing it with olive oil.

High heat is the most common method when prepping the meat and is often served alongside a cognac cream sauce.

How to grill filet mignon

How can I save money?

Consider looking manager specials at local grocery stores of meat markets.  If you’re able to find this type of deal, it often means it will either expire that day or the next.

According to Ask The Meat Man, most local butchers will include the weight of the bacon when you purchase your filet mignon.  With the average strip of bacon weighing close to one ounce, this means you’re actually purchasing five ounces of filet mignon if you were to purchase a “six-ounce filet.”  He said not all meat markets do this, but it doesn’t hurt to ask or purchase the bacon separately.  He also recommends picking up a Porterhouse steak to get two prime cuts at once.  The small piece at the end on the one side of the “T” shape bone is filet mignon, while the other side is known as the New York strip.  If you’re able to find a porterhouse, it can often be $1 to $3 per pound cheaper.

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Average Reported Cost: $7

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Less Expensive $1 $1.5K $3K $5K $6.5K More Expensive $8k

How much did you spend?

Was it worth it?  

  1. Michele Rasmussen (Baton Rouge,  Louisiana) paid $ and said:

    I paid $9.99 per pound.

    Was it worth it? Yes

  2. Poppy S (Nashville,  Tennessee) paid $14 and said:

    I paid $14

    Was it worth it? Yes

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