Bacon prices are 0.66% higher in 2026 versus 2022 (a $0.05 difference in value).
The latest available average price is $6.61 in August 2026 for Bacon, sliced, per lb. (453.6 gm). See observed price history.
Between 2022 and 2026, Bacon experienced an average inflation rate of 0.16% per year. In other words, bacon costing $7.31 in the year 2022 would cost $7.36 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.18% during this same period, inflation for bacon was significantly lower.
In the year 2022: Pricing changed by 9.01%, which is significantly above the average yearly change for bacon during the 2022-2026 time period. Compared to inflation for all items in 2022 (8%), inflation for bacon was higher.
According to the U.S. Bureau of Labor Statistics, the average price of bacon fell 10%, from $7.31 per pound in 2022 to $6.61 in August 2026. Overall prices rose 14% over the same period, so bacon got cheaper while most prices went up. This data is collected by a national survey and can vary from region to region.
● Price● Price, inflation-adjusted
The average price for bacon is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. The table below shows the average U.S. price of bacon, sliced, per lb. (453.6 gm) each year, along with the same price adjusted for inflation. To understand how price levels differ from inflation rates, see this article published by the BLS.
| Year | Price (per pound) | Price, inflation-adjusted |
|---|---|---|
| 2026 (partial) | $6.75 | $6.75 |
| 2025 | $7.02 | $7.30 |
| 2024 | $6.78 | $7.24 |
| 2023 | $6.65 | $7.31 |
| 2022 | $7.31 | $8.36 |
| 2021 | $6.64 | $8.21 |
| 2020 | $5.58 | $7.22 |
| 2019 | $5.61 | $7.35 |
| 2018 | $5.47 | $7.29 |
| 2017 | $5.77 | $7.88 |
| 2016 | $5.42 | $7.57 |
| 2015 | $5.45 | $7.71 |
| 2014 | $5.78 | $8.17 |
| 2013 | $5.29 | $7.60 |
| 2012 | $4.56 | $6.65 |
| 2011 | $4.63 | $6.89 |
| 2010 | $4.11 | $6.31 |
| 2009 | $3.61 | $5.63 |
| 2008 | $3.66 | $5.70 |
| 2007 | $3.66 | $5.91 |
| 2006 | $3.44 | $5.72 |
| 2005 | $3.39 | $5.82 |
| 2004 | $3.38 | $5.99 |
| 2003 | $3.20 | $5.82 |
| 2002 | $3.24 | $6.03 |
| 2001 | $3.25 | $6.16 |
| 2000 | $3.03 | $5.90 |
| 1999 | $2.55 | $5.12 |
| 1998 | $2.54 | $5.23 |
| 1997 | $2.68 | $5.60 |
| 1996 | $2.47 | $5.28 |
| 1995 | $1.99 | $4.36 |
| 1994 | $1.99 | $4.50 |
| 1993 | $1.93 | $4.48 |
| 1992 | $1.92 | $4.57 |
| 1991 | $2.22 | $5.46 |
| 1990 | $2.12 | $5.45 |
| 1989 | $1.77 | $4.77 |
| 1988 | $1.88 | $5.33 |
| 1987 | $2.14 | $6.31 |
| 1986 | $2.08 | $6.36 |
| 1985 | $1.94 | $6.04 |
| 1984 | $1.86 | $5.99 |
| 1983 | $1.94 | $6.53 |
| 1982 | $2.05 | $7.13 |
| 1981 | $1.67 | $6.14 |
| 1980 | $1.46 | $5.95 |
Yearly averages; 2026 is through August. Inflation-adjusted to 2026 dollars.
Below are calculations of equivalent buying power for Bacon, over time, for $7.31 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2022 | $7.31 | 9.01% |
| 2023 | $6.93 | -5.17% |
| 2024 | $7.11 | 2.54% |
| 2025 | $7.41 | 4.28% |
| 2026 | $7.36 | -0.73%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bacon and related products:
| Year | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 13.600 | 11.892 | 14.983 | 17.225 | 17.983 | 17.100 | 17.233 | 22.483 | 32.742 | 32.425 | 28.033 | 26.842 | 28.300 | 27.317 | 33.267 | 34.500 | 27.867 | 24.550 | 31.542 | 33.775 | 28.283 | 27.858 | 30.342 | 29.975 | 29.083 | 29.225 | 35.617 | 41.908 | 36.792 | 35.800 | 38.775 | 41.950 | 35.533 | 42.992 | 59.242 | 59.033 | 79.325 | 77.392 | 70.942 | 81.683 | 75.833 | 73.542 | 83.325 | 102.133 | 99.975 | 97.883 | 101.342 | 108.533 | 114.575 | 100.875 | 95.825 | 113.392 | 119.825 | 104.600 | 110.808 | 118.133 | 119.950 | 148.900 | 164.033 | 152.000 | 151.475 | 177.542 | 184.592 | 186.242 | 196.558 | 212.008 | 209.800 | 212.975 | 220.978 | 219.349 | 215.861 | 232.207 | 263.405 | 267.691 | 283.854 | 299.687 | 280.969 | 282.682 | 301.979 | 296.766 | 302.619 | 310.531 | 351.377 | 383.043 | 363.239 | 372.455 | 388.405 | 385.568 |