THE GROCERY PRICE INDEX

How much did bacon cost in 2004?

Bacon averaged $3.38 per lb in 2004 — about $6.00 in 2026 dollars.

Monthly average price (USD per lb) · 2004

$3.09$3.23$3.38$3.52$3.66 $3.37 200420042004200420042004

In 2004, bacon averaged $3.38 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 $3.13 in March to $3.62 in August. Over the year it rose from $3.16 in January to $3.37 in December, a 6.7% increase.

Adjusted for inflation, $3.38 in 2004 is worth about $6.00 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 12% more expensive than it was in 2004. In plain (unadjusted) dollars the price is up 99% versus the 2004 average.

2004 monthly prices

MonthPriceMoM
January $3.16 ▼ 0.8%
February $3.19 ▲ 1.0%
March $3.13 ▼ 1.9%
April $3.20 ▲ 2.1%
May $3.33 ▲ 4.2%
June $3.42 ▲ 2.7%
July $3.47 ▲ 1.5%
August $3.62 ▲ 4.4%
September $3.59 ▼ 0.9%
October $3.61 ▲ 0.5%
November $3.44 ▼ 4.7%
December $3.37 ▼ 2.0%
2004 average$3.38

FAQ

What was the average price of bacon in 2004?

Bacon averaged $3.38 per lb in 2004, based on 12 months of BLS average price data.

How much is $3.38 of 2004 bacon worth today?

Adjusted for inflation with the CPI-U, $3.38 in 2004 is about $6.00 in 2026 dollars.

How does the 2004 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 99% from the 2004 average of $3.38.