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U.S. Bureau of Labor Statistics, Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in U.S. City Average [APU0000704111] ...
The annual average CPI for Bacon in 2022 was 383.043. The following formula shows how to adjust Bacon prices for inflation: 1980 Bacon Price x (2022 CPI for Bacon / 1980 CPI for Bacon) = Adjusted Bacon Price in 2022 Dollars. Using the actual numbers: $1.46 x (383.043/73.5) = $7.63. Bacon is staple food for many who pair it with eggs for breakfast.
Over the course of 2020, U.S. bacon prices rose 6%. Meat processors faced higher costs. Meat companies paid out pandemic bonuses and invested in protective gear in order to get plants running again.
Get in touch with us now. , Jan 30, 2024. The price of bacon in the United States fluctuates from year to year but overall it has increased significantly over the last decade. As of 2023, a pound ...
Average cost per pound ranges from $3 for basic to $12 for premium. Many factors like processing, branding, and certifications impact prices. Bulk packs at warehouse stores are cost-effective for brand bacon. Local butchers and online specialty sellers command higher prices. Compare prices and buy bulk to get the best supermarket deals.
Bacon is more expensive for Americans than it has been in the past 40 years. And yes, that is accounting for inflation. That hankering for pork chops is costing you about 7% more than 12 months ago.
Bacon price increases spiked at a four-year record high average cost of $5.75 per pound for restaurants in September 2021. The average price restaurants paid for bacon over the past four years is $4.55 — showing a return to the pre-food inflation norms. The price of bacon actually spiked well before the full consumer price index, or CPI ...
According to federal data, U.S. bacon prices peaked in October 2022 at $7.60 a pound, up 30% from October 2019. In September, bacon averaged $6.95 a pound, 25% higher than five years ago. That's ...
Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in U.S. City Average 2021-07-01 2024-09-11 Source U.S. Bureau of Labor Statistics ...
Bacon’s absolute price of $2.12 arrived in 1986. Adjusted for inflation, this price tag would be $4.67 today. In 1987, bacon would price hike once more to $2.23, but would tumble back under $2 ...