How much did bacon cost in 1982?
Bacon averaged $2.05 per lb in 1982 — about $7.12 in 2026 dollars.
Monthly average price (USD per lb) · 1982
In 1982, bacon averaged $2.05 per lb at the U.S. city average, across all twelve months, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $1.75 in January to $2.36 in September. Over the year it rose from $1.75 in January to $2.13 in December, a 21.8% increase.
Adjusted for inflation, $2.05 in 1982 is worth about $7.12 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 6% cheaper than it was in 1982. In plain (unadjusted) dollars the price is up 227% versus the 1982 average.
1982 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $1.75 | ▼ 0.2% |
| February | $1.81 | ▲ 3.7% |
| March | $1.82 | ▲ 0.7% |
| April | $1.89 | ▲ 3.8% |
| May | $1.98 | ▲ 4.7% |
| June | $2.07 | ▲ 4.4% |
| July | $2.10 | ▲ 1.5% |
| August | $2.20 | ▲ 4.7% |
| September | $2.36 | ▲ 7.3% |
| October | $2.33 | ▼ 1.1% |
| November | $2.19 | ▼ 6.3% |
| December | $2.13 | ▼ 2.6% |
| 1982 average | $2.05 |
FAQ
What was the average price of bacon in 1982?
Bacon averaged $2.05 per lb in 1982, based on 12 months of BLS average price data.
How much is $2.05 of 1982 bacon worth today?
Adjusted for inflation with the CPI-U, $2.05 in 1982 is about $7.12 in 2026 dollars.
How does the 1982 price of bacon compare to now?
Bacon now averages $6.71 per lb, up 227% from the 1982 average of $2.05.