How much did bacon cost in 2020?
Bacon averaged $5.58 per lb in 2020 — about $7.23 in 2026 dollars.
Monthly average price (USD per lb) · 2020
In 2020, bacon averaged $5.58 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 $5.26 in March to $5.83 in December. Over the year it rose from $5.51 in January to $5.83 in December, a 5.9% increase.
Adjusted for inflation, $5.58 in 2020 is worth about $7.23 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 7% cheaper than it was in 2020. In plain (unadjusted) dollars the price is up 20% versus the 2020 average.
2020 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $5.51 | ▲ 0.6% |
| February | $5.50 | ▼ 0.1% |
| March | $5.26 | ▼ 4.4% |
| April | $5.35 | ▲ 1.7% |
| May | $5.35 | ▲ 0.0% |
| June | $5.77 | ▲ 7.9% |
| July | $5.78 | ▲ 0.1% |
| August | $5.56 | ▼ 3.8% |
| September | $5.62 | ▲ 1.1% |
| October | $5.72 | ▲ 1.8% |
| November | $5.75 | ▲ 0.6% |
| December | $5.83 | ▲ 1.3% |
| 2020 average | $5.58 |
FAQ
What was the average price of bacon in 2020?
Bacon averaged $5.58 per lb in 2020, based on 12 months of BLS average price data.
How much is $5.58 of 2020 bacon worth today?
Adjusted for inflation with the CPI-U, $5.58 in 2020 is about $7.23 in 2026 dollars.
How does the 2020 price of bacon compare to now?
Bacon now averages $6.71 per lb, up 20% from the 2020 average of $5.58.