THE GROCERY PRICE INDEX

How much did bacon cost in 1997?

Bacon averaged $2.68 per lb in 1997 — about $5.60 in 2026 dollars.

Monthly average price (USD per lb) · 1997

$2.60$2.64$2.68$2.72$2.77 $2.61 199719971997199719971997

In 1997, bacon averaged $2.68 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 $2.61 in December to $2.76 in August. Over the year it fell from $2.66 in January to $2.61 in December, a 2.1% decline.

Adjusted for inflation, $2.68 in 1997 is worth about $5.60 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 20% more expensive than it was in 1997. In plain (unadjusted) dollars the price is up 150% versus the 1997 average.

1997 monthly prices

MonthPriceMoM
January $2.66 ▲ 0.8%
February $2.65 ▼ 0.5%
March $2.66 ▲ 0.2%
April $2.66 ▲ 0.1%
May $2.63 ▼ 1.2%
June $2.69 ▲ 2.5%
July $2.72 ▲ 0.9%
August $2.76 ▲ 1.4%
September $2.75 ▼ 0.2%
October $2.73 ▼ 0.7%
November $2.67 ▼ 2.4%
December $2.61 ▼ 2.2%
1997 average$2.68

FAQ

What was the average price of bacon in 1997?

Bacon averaged $2.68 per lb in 1997, based on 12 months of BLS average price data.

How much is $2.68 of 1997 bacon worth today?

Adjusted for inflation with the CPI-U, $2.68 in 1997 is about $5.60 in 2026 dollars.

How does the 1997 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 150% from the 1997 average of $2.68.