THE GROCERY PRICE INDEX

How much did bacon cost in 2017?

Bacon averaged $5.77 per lb in 2017 — about $7.89 in 2026 dollars.

Monthly average price (USD per lb) · 2017

$5.09$5.43$5.77$6.12$6.46 $5.63 201720172017201720172017

In 2017, bacon averaged $5.77 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 $5.18 in January to $6.37 in September. Over the year it rose from $5.18 in January to $5.63 in December, a 8.7% increase.

Adjusted for inflation, $5.77 in 2017 is worth about $7.89 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 15% cheaper than it was in 2017. In plain (unadjusted) dollars the price is up 16% versus the 2017 average.

2017 monthly prices

MonthPriceMoM
January $5.18 ▲ 1.5%
February $5.33 ▲ 3.0%
March $5.75 ▲ 7.7%
April $5.78 ▲ 0.5%
May $5.70 ▼ 1.3%
June $5.67 ▼ 0.6%
July $5.82 ▲ 2.7%
August $6.24 ▲ 7.3%
September $6.37 ▲ 2.0%
October $6.07 ▼ 4.7%
November $5.71 ▼ 5.9%
December $5.63 ▼ 1.4%
2017 average$5.77

FAQ

What was the average price of bacon in 2017?

Bacon averaged $5.77 per lb in 2017, based on 12 months of BLS average price data.

How much is $5.77 of 2017 bacon worth today?

Adjusted for inflation with the CPI-U, $5.77 in 2017 is about $7.89 in 2026 dollars.

How does the 2017 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 16% from the 2017 average of $5.77.