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How Much Does Raw Lobster Cost? A Complete Pricing Guide for Lobster Lovers

Lobster is one of the most prized and decadent seafood delicacies but it often comes with a hefty price tag that gives pause to fans of this tasty crustacean treat. If you love indulging in fresh raw lobster straight from the ocean, you may often wonder exactly how much it costs to buy. The price of raw lobster can vary quite a bit based on several key factors like lobster size quality level, geographic source location, and time of year. I did extensive research from multiple authoritative sources to provide a detailed pricing guide on current market rates for raw lobster so you can make informed purchasing decisions.

Average Price Per Pound for Raw Lobster in the Retail Market

According to my research, the average retail price for raw lobster currently ranges from $13 to $15 per pound for live Maine lobster as of March 2025. Lobster prices typically follow these general ranges:

  • Small lobsters (1-1.25 lbs each): $25 to $30 per lobster
  • Medium lobsters (1.25-1.5 lbs each): $29 to $34 per lobster
  • Large lobsters (1.5-2 lbs each): $34 to $49 per lobster
  • Jumbo lobsters (2+ lbs each): $49 to $89 per lobster

Lobster tails, which many fans consider the most desirable lobster meat, cost more per pound than whole live lobsters Frozen raw lobster tails weighing between 4-8 ounces each currently average $2999 to $32.99 per pound at retail. Whole raw lobster meat averages between $35 to $120 per pound depending on the specific source and quality attributes.

Key Factors that Influence Raw Lobster Pricing

Several pivotal factors impact the retail and wholesale prices that sellers can command for fresh raw lobster:

  • Size – Larger lobsters cost more per pound. Jumbo lobsters over 3 pounds can cost up to $50 per pound, while smaller 1 pound lobsters are more affordable around $25 each. Bigger claws and tails fetch higher pricing.

  • Processing – Raw lobster tails or extracted meat cost noticeably more than whole live lobsters. The labor involved in processing and extracting the tail and claw meat adds to production costs.

  • Source Location – Lobster fished near prime cold water areas like Maine and Nova Scotia is pricier than lobster imported from other global sources. There is higher demand for lobes from top regions.

  • Catch Method – Wild caught lobsters pulled from the ocean tend to have higher market values than lobsters raised via aquaculture or farmed methods. Many fans believe wild caught tastes better.

  • Season – Prices typically spike in late winter/early spring as lobsters migrate to deeper offshore waters and become more scarce near coastal areas. Prices are lower in summer when coastal supply is abundant.

  • Quality & Hardness – Hard-shell lobsters with premium meat quality, coloration, and texture can fetch top dollar pricing in the market. Soft-shell lobsters are cheaper.

  • Live vs. Fresh – Live lobsters command slightly higher pricing than fresh raw lobsters that were previously living but are no longer active. Live is perceived as the absolute peak of freshness.

  • Supply & Demand – When market inventory levels of lobster are low compared to buyer demand, prices climb. High supply and low demand brings prices back down.

Comparing Retail vs. Wholesale Pricing for Raw Lobster

Raw lobster aimed at individual consumers in retail markets is sold at premium price points, while wholesale pricing offered to volume purchasers like restaurants and seafood markets is noticeably lower. Here are some current example pricing ranges:

  • Retail fresh live Maine lobster: $13 to $15 per pound

  • Wholesale fresh live Maine lobster: $8 to $12 per pound

  • Retail frozen raw lobster tails (4-8 oz each): $29.95 per tail

  • Wholesale frozen raw lobster tails (4-8 oz each): $13 to $25 per tail

  • Retail raw lobster meat: $35 to $120 per pound

  • Wholesale raw lobster meat: $28 to $80 per pound

The ability to purchase larger bulk quantities of raw lobster helps reduce per-unit costs at both retail and wholesale levels. But overall, wholesale raw lobster can currently cost around 30% less than buying individual portions and partial pounds at typical retail rates.

How Geographic Source Location Impacts Raw Lobster Prices

The source location where raw lobster is harvested plays a major role in impacting the pricing sellers are able to command. Here are some current general pricing guidelines based on lobster origin:

  • Maine lobster: Highest valued, $25 to $50 per pound for prime quality

  • Canada (Nova Scotia): High quality with good value, $15 to $35 per pound

  • Massachusetts: Very good quality, $12 to $25 per pound

  • New Zealand: Reasonable pricing around $10 to $15 per pound

  • Honduras or Nicaragua: Lower priced imports, $8 to $12 per pound

  • Warm water spiny lobsters: Cheaper pricing around $5 to $10 per pound

For absolute peak eating quality and authentic briny flavor, wild caught lobsters harvested from the cold North Atlantic waters of Maine and Nova Scotia generally provide a premium product. But you can sometimes find more budget-friendly raw lobster options sourced from other global fishing regions.

Tips for Getting the Best Deal on Raw Lobster Purchases

For lobster fans who want to buy quality fresh raw lobster without breaking the bank, here are some tips for scoring good deals:

  • Buy directly from reputable local Maine seafood suppliers and fish markets if possible

  • Check prices and product availability at high-end grocery store seafood counters

  • Buy in larger bulk quantities when lobsters are in peak season

  • Opt for whole live lobsters instead of pre-processed lobster meat or tails

  • Avoid tourist hotspots and peak tourist seasons when visiting lobster fishing areas

  • Consider purchasing lobster imported from Canada or other global sources

  • Learn how to prepare and cook raw lobster yourself instead of dining out

With the right sourcing, timing, and shopping strategies, you can still indulge in fresh succulent lobster even on a budget. Don’t let lobster sticker shock deter you – know where to shop at the optimal seasonal times to maximize value.

Answers to Common Raw Lobster Pricing Questions

Here are some quick answers to other frequent questions lobster fans have about buying fresh raw product:

What is the most expensive part of a lobster?

The lobster tail is generally the priciest part per pound due to incredible demand for the sweet tender tail meat. Fresh raw lobster tails currently average $55 to $75 per pound at retail.

How big of a lobster do I need for 2 people?

A 3-4 pound live lobster should provide enough quality meat for a main shared meal between 2 people. For surf and turf dishes with other foods, you can buy smaller portions from a large lobster.

What is a fair price per pound for quality raw lobster?

For fresh wild-caught raw lobster in peak condition, aim for $15 to $25 per pound from a reputable seafood source during optimal season for a fair deal.

Can I get premium raw lobster shipped overnight?

Many top seafood suppliers can ship live lobsters packed in seaweed or gel packs overnight right to your door. Order early in the week to ensure timely next day delivery.

Should I buy cooked or raw lobster?

Raw lobster ensures maximum freshness and flexibility for cooking preparations. But pre-cooked lobster still provides wonderful flavor and saves effort while only losing minimal quality.

Is raw or frozen lobster better?

Never frozen raw lobster is ideal for both texture and taste. But frozen lobster, when thawed using proper methods, still retains excellent quality and can be significantly more affordable.

When buying decadent fresh raw lobster for your next seafood feast, prices can initially seem astronomical. But arming yourself with knowledge of the factors impacting market rates, like seasonality, preparation, and geography, helps you find fair prices for prime lobster. With smart sourcing and strategic buying times, you can savor memorable lobster experiences without draining your wallet. The reward of indulging that untreated raw lobster makes finding a great deal well worth the effort.

how much is a raw lobster

Best Surf and Turf Recipes

To get your planning process started, here are some of the best surf and turf pairings to try at home. These pairings are restaurant-quality and easier than you might think to pull together.

Steak and shrimp is a beloved surf and turf pairing. Shrimp are naturally sweet and light to balance the richness of the steak. Plus, perfectly cooked shrimp add a nice pop of pale pink to the plate for an effortless (and edible) decoration.

how much is a raw lobster

Filet mignon is the perfect accompaniment to large, juicy shrimp. This buttery-soft cut is tender and juicy when cooked on the grill. Use our tips to know the exact moment to pull your steaks from the flames.

And while you have the grill fired up, assemble your shrimp on skewers for a quick and easy preparation. If you choose large shrimp two or three per person should be sufficient with the steak.

And if you plan to serve the shrimp on the skewer, opt for short wooden skewers that will fit nicely on your dinner plates. Be sure to soak the wood for at least 30 minutes before grilling to prevent charring.

When you’re ready to cook:

  • Preheat a gas or charcoal grill over medium-high heat.
  • Pat your steaks and shrimp dry and season both sides with salt and pepper. Brush with a thin coating of neutral oil.
  • Place the steaks on the grill and cook according to the times in this chart, flipping once with tongs.
  • After you’ve removed the steak to rest, place the shrimp skewers on the grill for 1 to 2 minutes per side.
  • Remove the shrimp when they are bright pink and curled into a “C” shape. Keep a close eye on the shrimp, as they cook quickly.

Or, If you like, you can add a boost of flavor by marinating the shrimp for 15 minutes in a simple mixture of:

  • Citrus juice (lemon, orange or lime juice)
  • A teaspoon of dried herbs (basil, oregano, thyme or parsley)
  • A minced garlic clove.

While you can technically use any size shrimp for surf and turf, you’ll get the most flavor and a stunning presentation with colossal shrimp. These are best for grilling as they can withstand direct heat without overcooking or turning rubbery. Plus, they won’t fall through the grates!

Also Read: Shrimp Sizing Guide: Large, Jumbo, Colossal, And Beyond

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FAQ

How much is a 1 lb lobster?

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Is a whole lobster enough for 2 people?

Allow 1 to 1 1/2 pounds of lobster per person, and add a few more in for hungry enthusiasts or good measure—remembering that lobster meat freezes beautifully for next-day chowder!

Why is Maine lobster so cheap right now?

Abundance of Supply: Maine lobster prices are lower when there is an abundant supply, usually between June and December. During these months, lobsters migrate closer to the shore, making it easier for fishermen to catch more, leading to lower prices.

How many lobsters is 1 pound?

How many lobsters yield a pound lobster lobster meat? It would require about five 1 lb. live lobsters to make a pound of cooked meat.

How much does a live lobster cost?

Live lobster prices vary depending on the time of year, market conditions, and supplier. In March 2023, the average price for live Maine lobster was around $13–$15 per pound, with lobster tails falling between $29.99 and $32.99.

How much does Maine lobster cost?

Lowest price: $22.39 per pound Highest price: $38.49 per pound Because of its meaty content and sweet tender flesh, Maine lobster is costly. The lowest cost for live Maine lobster, especially across online seafood marketplaces is between $22.39 and $27.99 per pound.

How much does a pound of lobster meat cost?

A pound of lobster meat can cost between $45 and $65. Every five pounds of lobster yields about one pound of meat, so the cost for five pounds of lobster would be between $225 and $325. Lobster tails, which usually weigh about four to five ounces, can cost between $8 and $15 each.

Can you buy a whole lobster?

You can buy whole lobsters either live or pre-cooked. Live lobsters tend to be more affordable since you have to do the cooking yourself. Pre-cooked lobsters offer more convenience at a premium price. On average, live lobsters cost $2 to $5 less per pound compared to pre-cooked lobsters sold at supermarkets and seafood restaurants.

Where are lobster prices cheapest?

Location – Lobster prices are generally cheapest near major fishing areas like Maine. Prices increase the farther you are from the source. Supply and Demand – When lobster catches are high prices fall. During peak tourist seasons demand rises and pushes up costs.

How much does a 5 lb lobster cost?

With lobster tails, you will get about 15% meat from its whole tail weight With this, we can find that buying a 5-lb lobster will yield 1 pound of pure lobster meat. A lobster this heavy will cost $114.50 on average while buying pure lobster meat will be $90 on average.

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