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1943. Cost of Bacon: $0.35 Inflation-Adjusted Cost: $6.18 To help counteract the rising prices of bacon and other goods during the war, the U.S. government instituted a complex rationing program.
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In September, bacon averaged $6.95 a pound, 25% higher than five years ago. That's in line with a 29% increase in overall food prices over that period, according to the Labor Department. Still, September bacon prices were 1.8% lower than they were a year ago. Prices for bacon are always volatile.
America has an enduring love for bacon. But whether we’re eating it for breakfast, topping our burgers, or enjoying bacon-infused desserts, the price of bacon has changed dramatically over the ...
Bacon is more expensive than it was a year ago, with prices up 6.9% from May 2023 to May of this year, according to inflation data from the Bureau of Labor Statistics. Pork chops were up too, by 4.6%.
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Per the report, the biggest jump has been for cereal and baked goods, which are up 16.2% over this time last year while dairy is up 15.9% and meats/poultry/fish/eggs are up 9%.
The pandemic made bacon prices sizzle, peaking at over $7.60 a pound in October 2022. While breakfaster lovers got some temporary relief in the ensuing months, it’s now back over $7.00, up from ...