How much did bacon cost in 2024?
Bacon averaged $6.78 per lb in 2024 — about $7.24 in 2026 dollars.
Monthly average price (USD per lb) · 2024
In 2024, bacon averaged $6.78 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 $6.56 in February to $6.96 in September. Over the year it rose from $6.61 in January to $6.92 in December, a 4.6% increase.
Adjusted for inflation, $6.78 in 2024 is worth about $7.24 in 2026 dollars. Today bacon averages $6.71 per lb, so in real terms it is 7% cheaper than it was in 2024. In plain (unadjusted) dollars the price is down 1% versus the 2024 average.
2024 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $6.61 | ▼ 2.4% |
| February | $6.56 | ▼ 0.8% |
| March | $6.61 | ▲ 0.8% |
| April | $6.64 | ▲ 0.4% |
| May | $6.82 | ▲ 2.7% |
| June | $6.83 | ▲ 0.1% |
| July | $6.88 | ▲ 0.8% |
| August | $6.79 | ▼ 1.4% |
| September | $6.96 | ▲ 2.5% |
| October | $6.87 | ▼ 1.2% |
| November | $6.84 | ▼ 0.4% |
| December | $6.92 | ▲ 1.1% |
| 2024 average | $6.78 |
FAQ
What was the average price of bacon in 2024?
Bacon averaged $6.78 per lb in 2024, based on 12 months of BLS average price data.
How much is $6.78 of 2024 bacon worth today?
Adjusted for inflation with the CPI-U, $6.78 in 2024 is about $7.24 in 2026 dollars.
How does the 2024 price of bacon compare to now?
Bacon now averages $6.71 per lb, down 1% from the 2024 average of $6.78.