Bacon, breakfast sausage, and related products priced at $20 in 1998 $41.72 in 2022

Bacon, Breakfast Sausage, And Related Products Inflation Calculator

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Prices for Bacon, Breakfast Sausage, And Related Products, 1998-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for bacon, breakfast sausage, and related products are 108.62% higher in 2022 versus 1998 (a $21.72 difference in value).

Between 1998 and 2022: Bacon, breakfast sausage, and related products experienced an average inflation rate of 3.11% per year. This rate of change indicates significant inflation. In other words, bacon, breakfast sausage, and related products costing $20 in the year 1998 would cost $41.72 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.42% during this same period, inflation for bacon, breakfast sausage, and related products was higher.

In the year 1998: Pricing changed by -3.42%, which is significantly below the average yearly change for bacon, breakfast sausage, and related products during the 1998-2022 time period. Compared to inflation for all items in 1998 (1.55%), inflation for bacon, breakfast sausage, and related products was much lower.

Price Inflation for Bacon, breakfast sausage, and related products since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2000 (12.28%), 2011 (10.20%), and 2021 (10.08%).

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Buying power of $20.00 since 1998

Below are calculations of equivalent buying power for Bacon, breakfast sausage, and related products, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$20.00-3.42%
1999$19.95-0.25%
2000$22.4012.28%
2001$23.203.58%
2002$23.380.76%
2003$24.042.83%
2004$25.486.01%
2005$25.41-0.29%
2006$25.490.31%
2007$26.393.55%
2008$26.520.47%
2009$26.45-0.26%
2010$27.654.54%
2011$30.4710.20%
2012$30.680.70%
2013$31.753.47%
2014$34.207.72%
2015$32.44-5.15%
2016$31.98-1.39%
2017$33.143.61%
2018$32.82-0.95%
2019$33.261.33%
2020$34.513.76%
2021$37.9910.08%
2022$41.729.83%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bacon, breakfast sausage, and related products:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.00096.57796.331108.162112.038112.885116.077123.054122.692123.069127.438128.039127.702133.498147.120148.154153.299165.127156.629154.445160.015158.501160.603166.643183.445201.481

Adjust bacon, breakfast sausage, and related products prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1998 * 1998 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Bacon, breakfast sausage, and related products was 96.577 in the year 1998 and 201.481 in 2022:

201.481 / 96.577 * $20 = $41.72

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $41.72 in 2022 (in the CPI category of Bacon, breakfast sausage, and related products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Bacon, breakfast sausage, and related products in 1997. In addition to bacon, breakfast sausage, and related products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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