THE GROCERY PRICE INDEX

How much did bacon cost in 2011?

Bacon averaged $4.63 per lb in 2011 — about $6.90 in 2026 dollars.

Monthly average price (USD per lb) · 2011

$4.20$4.37$4.55$4.72$4.89 $4.55 201120112011201120112011

In 2011, bacon averaged $4.63 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 $4.25 in January to $4.84 in June. Over the year it rose from $4.25 in January to $4.55 in December, a 7.1% increase.

Adjusted for inflation, $4.63 in 2011 is worth about $6.90 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 3% cheaper than it was in 2011. In plain (unadjusted) dollars the price is up 45% versus the 2011 average.

2011 monthly prices

MonthPriceMoM
January $4.25 ▲ 2.2%
February $4.37 ▲ 2.7%
March $4.54 ▲ 3.9%
April $4.66 ▲ 2.8%
May $4.77 ▲ 2.3%
June $4.84 ▲ 1.5%
July $4.76 ▼ 1.8%
August $4.77 ▲ 0.3%
September $4.82 ▲ 1.0%
October $4.59 ▼ 4.8%
November $4.64 ▲ 1.1%
December $4.55 ▼ 1.9%
2011 average$4.63

FAQ

What was the average price of bacon in 2011?

Bacon averaged $4.63 per lb in 2011, based on 12 months of BLS average price data.

How much is $4.63 of 2011 bacon worth today?

Adjusted for inflation with the CPI-U, $4.63 in 2011 is about $6.90 in 2026 dollars.

How does the 2011 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 45% from the 2011 average of $4.63.