How much did bacon cost in 2023?
Bacon averaged $6.65 per lb in 2023 — about $7.31 in 2026 dollars.
Monthly average price (USD per lb) · 2023
In 2023, bacon averaged $6.65 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 $6.22 in June to $7.22 in October. Over the year it was little changed from $6.81 in January to $6.77 in December.
Adjusted for inflation, $6.65 in 2023 is worth about $7.31 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 8% cheaper than it was in 2023. In plain (unadjusted) dollars the price is up 1% versus the 2023 average.
2023 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $6.81 | ▼ 2.1% |
| February | $6.60 | ▼ 3.1% |
| March | $6.61 | ▲ 0.3% |
| April | $6.55 | ▼ 1.0% |
| May | $6.34 | ▼ 3.2% |
| June | $6.22 | ▼ 1.8% |
| July | $6.24 | ▲ 0.2% |
| August | $6.50 | ▲ 4.3% |
| September | $7.08 | ▲ 8.9% |
| October | $7.22 | ▲ 2.0% |
| November | $6.90 | ▼ 4.5% |
| December | $6.77 | ▼ 1.8% |
| 2023 average | $6.65 |
FAQ
What was the average price of bacon in 2023?
Bacon averaged $6.65 per lb in 2023, based on 12 months of BLS average price data.
How much is $6.65 of 2023 bacon worth today?
Adjusted for inflation with the CPI-U, $6.65 in 2023 is about $7.31 in 2026 dollars.
How does the 2023 price of bacon compare to now?
Bacon now averages $6.71 per lb, up 1% from the 2023 average of $6.65.