THE GROCERY PRICE INDEX

How much did bacon cost in 2021?

Bacon averaged $6.64 per lb in 2021 — about $8.21 in 2026 dollars.

Monthly average price (USD per lb) · 2021

$5.65$6.10$6.55$6.99$7.44 $7.21 202120212021202120212021

In 2021, bacon averaged $6.64 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 $5.78 in February to $7.32 in October. Over the year it rose from $5.83 in January to $7.21 in December, a 23.7% increase.

Adjusted for inflation, $6.64 in 2021 is worth about $8.21 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 18% cheaper than it was in 2021. In plain (unadjusted) dollars the price is up 1% versus the 2021 average.

2021 monthly prices

MonthPriceMoM
January $5.83 — 0.0%
February $5.78 ▼ 0.9%
March $5.85 ▲ 1.3%
April $6.22 ▲ 6.2%
May $6.35 ▲ 2.1%
June $6.67 ▲ 5.1%
July $6.86 ▲ 2.8%
August $7.10 ▲ 3.5%
September $7.22 ▲ 1.8%
October $7.32 ▲ 1.3%
November $7.27 ▼ 0.7%
December $7.21 ▼ 0.7%
2021 average$6.64

FAQ

What was the average price of bacon in 2021?

Bacon averaged $6.64 per lb in 2021, based on 12 months of BLS average price data.

How much is $6.64 of 2021 bacon worth today?

Adjusted for inflation with the CPI-U, $6.64 in 2021 is about $8.21 in 2026 dollars.

How does the 2021 price of bacon compare to now?

Bacon now averages $6.71 per lb, up 1% from the 2021 average of $6.64.