THE GROCERY PRICE INDEX

How much did bacon cost in 1992?

Bacon averaged $1.92 per lb in 1992 — about $4.59 in 2026 dollars.

Monthly average price (USD per lb) · 1992

$1.84$1.87$1.90$1.93$1.97 $1.86 199219921992199219921992

In 1992, bacon averaged $1.92 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 $1.85 in November to $1.96 in January. Over the year it fell from $1.96 in January to $1.86 in December, a 4.8% decline.

Adjusted for inflation, $1.92 in 1992 is worth about $4.59 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 46% more expensive than it was in 1992. In plain (unadjusted) dollars the price is up 250% versus the 1992 average.

1992 monthly prices

MonthPriceMoM
January $1.96 ▼ 1.9%
February $1.95 ▼ 0.1%
March $1.92 ▼ 1.6%
April $1.92 ▼ 0.4%
May $1.90 ▼ 0.6%
June $1.93 ▲ 1.2%
July $1.94 ▲ 0.6%
August $1.94 ▲ 0.1%
September $1.93 ▼ 0.7%
October $1.89 ▼ 1.7%
November $1.85 ▼ 2.2%
December $1.86 ▲ 0.7%
1992 average$1.92

FAQ

What was the average price of bacon in 1992?

Bacon averaged $1.92 per lb in 1992, based on 12 months of BLS average price data.

How much is $1.92 of 1992 bacon worth today?

Adjusted for inflation with the CPI-U, $1.92 in 1992 is about $4.59 in 2026 dollars.

How does the 1992 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 250% from the 1992 average of $1.92.