THE GROCERY PRICE INDEX

How much did bacon cost in 2007?

Bacon averaged $3.66 per lb in 2007 — about $5.92 in 2026 dollars.

Monthly average price (USD per lb) · 2007

$3.43$3.55$3.67$3.80$3.92 $3.69 200720072007200720072007

In 2007, bacon averaged $3.66 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 $3.46 in March to $3.88 in October. Over the year it rose from $3.51 in January to $3.69 in December, a 5.1% increase.

Adjusted for inflation, $3.66 in 2007 is worth about $5.92 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 13% more expensive than it was in 2007. In plain (unadjusted) dollars the price is up 83% versus the 2007 average.

2007 monthly prices

MonthPriceMoM
January $3.51 ▲ 1.5%
February $3.57 ▲ 1.6%
March $3.46 ▼ 2.9%
April $3.50 ▲ 0.9%
May $3.65 ▲ 4.4%
June $3.66 ▲ 0.2%
July $3.72 ▲ 1.8%
August $3.80 ▲ 2.0%
September $3.78 ▼ 0.4%
October $3.88 ▲ 2.6%
November $3.66 ▼ 5.8%
December $3.69 ▲ 0.9%
2007 average$3.66

FAQ

What was the average price of bacon in 2007?

Bacon averaged $3.66 per lb in 2007, based on 12 months of BLS average price data.

How much is $3.66 of 2007 bacon worth today?

Adjusted for inflation with the CPI-U, $3.66 in 2007 is about $5.92 in 2026 dollars.

How does the 2007 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 83% from the 2007 average of $3.66.