THE GROCERY PRICE INDEX

How much did bacon cost in 2018?

Bacon averaged $5.47 per lb in 2018 — about $7.30 in 2026 dollars.

Monthly average price (USD per lb) · 2018

$5.21$5.33$5.45$5.57$5.69 $5.50 201820182018201820182018

In 2018, bacon averaged $5.47 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 $5.25 in June to $5.65 in January. Over the year it fell from $5.65 in January to $5.50 in December, a 2.7% decline.

Adjusted for inflation, $5.47 in 2018 is worth about $7.30 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 8% cheaper than it was in 2018. In plain (unadjusted) dollars the price is up 23% versus the 2018 average.

2018 monthly prices

MonthPriceMoM
January $5.65 ▲ 0.4%
February $5.53 ▼ 2.1%
March $5.53 ▼ 0.1%
April $5.42 ▼ 1.9%
May $5.45 ▲ 0.6%
June $5.25 ▼ 3.8%
July $5.42 ▲ 3.3%
August $5.58 ▲ 2.9%
September $5.50 ▼ 1.4%
October $5.37 ▼ 2.4%
November $5.39 ▲ 0.4%
December $5.50 ▲ 2.0%
2018 average$5.47

FAQ

What was the average price of bacon in 2018?

Bacon averaged $5.47 per lb in 2018, based on 12 months of BLS average price data.

How much is $5.47 of 2018 bacon worth today?

Adjusted for inflation with the CPI-U, $5.47 in 2018 is about $7.30 in 2026 dollars.

How does the 2018 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 23% from the 2018 average of $5.47.