THE GROCERY PRICE INDEX

How much did bacon cost in 1987?

Bacon averaged $2.14 per lb in 1987 — about $6.31 in 2026 dollars.

Monthly average price (USD per lb) · 1987

$2.00$2.08$2.15$2.23$2.31 $2.02 198719871987198719871987

In 1987, bacon averaged $2.14 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 $2.02 in December to $2.28 in August. Over the year it fell from $2.12 in January to $2.02 in December, a 4.6% decline.

Adjusted for inflation, $2.14 in 1987 is worth about $6.31 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 6% more expensive than it was in 1987. In plain (unadjusted) dollars the price is up 214% versus the 1987 average.

1987 monthly prices

MonthPriceMoM
January $2.12 ▼ 1.9%
February $2.09 ▼ 1.3%
March $2.10 ▲ 0.2%
April $2.08 ▼ 0.9%
May $2.11 ▲ 1.7%
June $2.13 ▲ 0.7%
July $2.23 ▲ 4.9%
August $2.28 ▲ 2.4%
September $2.28 ▼ 0.2%
October $2.19 ▼ 3.8%
November $2.07 ▼ 5.6%
December $2.02 ▼ 2.5%
1987 average$2.14

FAQ

What was the average price of bacon in 1987?

Bacon averaged $2.14 per lb in 1987, based on 12 months of BLS average price data.

How much is $2.14 of 1987 bacon worth today?

Adjusted for inflation with the CPI-U, $2.14 in 1987 is about $6.31 in 2026 dollars.

How does the 1987 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 214% from the 1987 average of $2.14.