How much did bacon cost in 2016?
Bacon averaged $5.42 per lb in 2016 — about $7.57 in 2026 dollars.
Monthly average price (USD per lb) · 2016
In 2016, bacon averaged $5.42 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 $5.10 in December to $5.66 in January. Over the year it fell from $5.66 in January to $5.10 in December, a 9.8% decline.
Adjusted for inflation, $5.42 in 2016 is worth about $7.57 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 11% cheaper than it was in 2016. In plain (unadjusted) dollars the price is up 24% versus the 2016 average.
2016 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $5.66 | ▼ 1.4% |
| February | $5.39 | ▼ 4.6% |
| March | $5.49 | ▲ 1.9% |
| April | $5.61 | ▲ 2.2% |
| May | $5.55 | ▼ 1.1% |
| June | $5.37 | ▼ 3.2% |
| July | $5.45 | ▲ 1.5% |
| August | $5.45 | ▼ 0.1% |
| September | $5.48 | ▲ 0.6% |
| October | $5.38 | ▼ 1.9% |
| November | $5.11 | ▼ 5.0% |
| December | $5.10 | ▼ 0.1% |
| 2016 average | $5.42 |
FAQ
What was the average price of bacon in 2016?
Bacon averaged $5.42 per lb in 2016, based on 12 months of BLS average price data.
How much is $5.42 of 2016 bacon worth today?
Adjusted for inflation with the CPI-U, $5.42 in 2016 is about $7.57 in 2026 dollars.
How does the 2016 price of bacon compare to now?
Bacon now averages $6.71 per lb, up 24% from the 2016 average of $5.42.