How much did bacon cost in 1989?
Bacon averaged $1.77 per lb in 1989 — about $4.78 in 2026 dollars.
Monthly average price (USD per lb) · 1989
In 1989, bacon averaged $1.77 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 $1.68 in May to $1.96 in December. Over the year it rose from $1.81 in January to $1.96 in December, a 8.4% increase.
Adjusted for inflation, $1.77 in 1989 is worth about $4.78 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 40% more expensive than it was in 1989. In plain (unadjusted) dollars the price is up 279% versus the 1989 average.
1989 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $1.81 | ▲ 0.7% |
| February | $1.80 | ▼ 0.3% |
| March | $1.79 | ▼ 0.7% |
| April | $1.75 | ▼ 2.2% |
| May | $1.68 | ▼ 3.8% |
| June | $1.69 | ▲ 0.7% |
| July | $1.71 | ▲ 1.1% |
| August | $1.72 | ▲ 0.6% |
| September | $1.72 | ▼ 0.3% |
| October | $1.77 | ▲ 3.0% |
| November | $1.82 | ▲ 2.9% |
| December | $1.96 | ▲ 7.5% |
| 1989 average | $1.77 |
FAQ
What was the average price of bacon in 1989?
Bacon averaged $1.77 per lb in 1989, based on 12 months of BLS average price data.
How much is $1.77 of 1989 bacon worth today?
Adjusted for inflation with the CPI-U, $1.77 in 1989 is about $4.78 in 2026 dollars.
How does the 1989 price of bacon compare to now?
Bacon now averages $6.71 per lb, up 279% from the 1989 average of $1.77.