THE GROCERY PRICE INDEX

How much did bacon cost in 2008?

Bacon averaged $3.66 per lb in 2008 — about $5.70 in 2026 dollars.

Monthly average price (USD per lb) · 2008

$3.53$3.61$3.70$3.78$3.87 $3.67 200820082008200820082008

In 2008, 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 $3.55 in April to $3.84 in August. Over the year it was little changed from $3.65 in January to $3.67 in December.

Adjusted for inflation, $3.66 in 2008 is worth about $5.70 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 18% more expensive than it was in 2008. In plain (unadjusted) dollars the price is up 83% versus the 2008 average.

2008 monthly prices

MonthPriceMoM
January $3.65 ▼ 1.0%
February $3.62 ▼ 0.9%
March $3.62 ▲ 0.1%
April $3.55 ▼ 1.9%
May $3.64 ▲ 2.3%
June $3.66 ▲ 0.5%
July $3.61 ▼ 1.4%
August $3.84 ▲ 6.6%
September $3.73 ▼ 3.0%
October $3.75 ▲ 0.5%
November $3.60 ▼ 4.0%
December $3.67 ▲ 2.0%
2008 average$3.66

FAQ

What was the average price of bacon in 2008?

Bacon averaged $3.66 per lb in 2008, based on 12 months of BLS average price data.

How much is $3.66 of 2008 bacon worth today?

Adjusted for inflation with the CPI-U, $3.66 in 2008 is about $5.70 in 2026 dollars.

How does the 2008 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 83% from the 2008 average of $3.66.