THE GROCERY PRICE INDEX

How much did bacon cost in 2003?

Bacon averaged $3.20 per lb in 2003 — about $5.83 in 2026 dollars.

Monthly average price (USD per lb) · 2003

$3.07$3.13$3.19$3.24$3.30 $3.18 200320032003200320032003

In 2003, bacon averaged $3.20 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 $3.09 in May to $3.29 in April. Over the year it was little changed from $3.20 in January to $3.18 in December.

Adjusted for inflation, $3.20 in 2003 is worth about $5.83 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 15% more expensive than it was in 2003. In plain (unadjusted) dollars the price is up 110% versus the 2003 average.

2003 monthly prices

MonthPriceMoM
January $3.20 ▼ 1.4%
February $3.28 ▲ 2.7%
March $3.22 ▼ 2.0%
April $3.29 ▲ 2.2%
May $3.09 ▼ 6.1%
June $3.14 ▲ 1.6%
July $3.16 ▲ 0.6%
August $3.23 ▲ 2.4%
September $3.22 ▼ 0.3%
October $3.16 ▼ 1.8%
November $3.23 ▲ 2.1%
December $3.18 ▼ 1.4%
2003 average$3.20

FAQ

What was the average price of bacon in 2003?

Bacon averaged $3.20 per lb in 2003, based on 12 months of BLS average price data.

How much is $3.20 of 2003 bacon worth today?

Adjusted for inflation with the CPI-U, $3.20 in 2003 is about $5.83 in 2026 dollars.

How does the 2003 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 110% from the 2003 average of $3.20.