How much did bacon cost in 2022?
Bacon averaged $7.31 per lb in 2022 — about $8.37 in 2026 dollars.
Monthly average price (USD per lb) · 2022
In 2022, bacon averaged $7.31 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 $6.96 in December to $7.61 in October. Over the year it fell from $7.22 in January to $6.96 in December, a 3.7% decline.
Adjusted for inflation, $7.31 in 2022 is worth about $8.37 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 20% cheaper than it was in 2022. In plain (unadjusted) dollars the price is down 8% versus the 2022 average.
2022 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $7.22 | ▲ 0.1% |
| February | $7.10 | ▼ 1.7% |
| March | $7.20 | ▲ 1.5% |
| April | $7.42 | ▲ 3.0% |
| May | $7.36 | ▼ 0.8% |
| June | $7.40 | ▲ 0.5% |
| July | $7.42 | ▲ 0.2% |
| August | $7.37 | ▼ 0.6% |
| September | $7.38 | ▲ 0.1% |
| October | $7.61 | ▲ 3.0% |
| November | $7.24 | ▼ 4.8% |
| December | $6.96 | ▼ 4.0% |
| 2022 average | $7.31 |
FAQ
What was the average price of bacon in 2022?
Bacon averaged $7.31 per lb in 2022, based on 12 months of BLS average price data.
How much is $7.31 of 2022 bacon worth today?
Adjusted for inflation with the CPI-U, $7.31 in 2022 is about $8.37 in 2026 dollars.
How does the 2022 price of bacon compare to now?
Bacon now averages $6.71 per lb, down 8% from the 2022 average of $7.31.