THE GROCERY PRICE INDEX

How much did bacon cost in 1984?

Bacon averaged $1.86 per lb in 1984 — about $6.00 in 2026 dollars.

Monthly average price (USD per lb) · 1984

$1.79$1.82$1.85$1.88$1.91 $1.89 198419841984198419841984

In 1984, bacon averaged $1.86 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 $1.80 in April to $1.90 in August. Over the year it rose from $1.81 in January to $1.89 in December, a 4.3% increase.

Adjusted for inflation, $1.86 in 1984 is worth about $6.00 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 12% more expensive than it was in 1984. In plain (unadjusted) dollars the price is up 261% versus the 1984 average.

1984 monthly prices

MonthPriceMoM
January $1.81 ▲ 3.1%
February $1.88 ▲ 3.8%
March $1.80 ▼ 4.2%
April $1.80 ▼ 0.3%
May $1.82 ▲ 1.1%
June $1.83 ▲ 0.8%
July $1.90 ▲ 3.8%
August $1.90 ▲ 0.1%
September $1.89 ▼ 0.7%
October $1.90 ▲ 0.3%
November $1.87 ▼ 1.5%
December $1.89 ▲ 1.2%
1984 average$1.86

FAQ

What was the average price of bacon in 1984?

Bacon averaged $1.86 per lb in 1984, based on 12 months of BLS average price data.

How much is $1.86 of 1984 bacon worth today?

Adjusted for inflation with the CPI-U, $1.86 in 1984 is about $6.00 in 2026 dollars.

How does the 1984 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 261% from the 1984 average of $1.86.