Bacon, breakfast sausage, and related products priced at $20 in 2002 $35.06 in 2024

Bacon, Breakfast Sausage, And Related Products Inflation Calculator

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Prices for Bacon, Breakfast Sausage, And Related Products, 2002-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for bacon, breakfast sausage, and related products are 75.28% higher in 2024 versus 2002 (a $15.06 difference in value).

Between 2002 and 2024: Bacon, breakfast sausage, and related products experienced an average inflation rate of 2.58% per year. This rate of change indicates significant inflation. In other words, bacon, breakfast sausage, and related products costing $20 in the year 2002 would cost $35.06 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for bacon, breakfast sausage, and related products was higher.

In the year 2002: Pricing changed by 0.76%, which is below the average yearly change for bacon, breakfast sausage, and related products during the 2002-2024 time period. Compared to inflation for all items in 2002 (1.59%), inflation for bacon, breakfast sausage, and related products was 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%), 2022 (10.55%), and 2011 (10.20%).

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Buying power of $20.00 since 2002

Below are calculations of equivalent buying power for Bacon, breakfast sausage, and related products, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$20.000.76%
2003$20.572.83%
2004$21.806.01%
2005$21.74-0.29%
2006$21.800.31%
2007$22.583.55%
2008$22.680.47%
2009$22.63-0.26%
2010$23.654.54%
2011$26.0710.20%
2012$26.250.70%
2013$27.163.47%
2014$29.267.72%
2015$27.75-5.15%
2016$27.36-1.39%
2017$28.353.61%
2018$28.08-0.95%
2019$28.451.33%
2020$29.523.76%
2021$32.5010.08%
2022$35.9310.55%
2023$34.97-2.67%
2024$35.060.25%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


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

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.00096.57796.331108.162112.038112.885116.077123.054122.692123.069127.438128.039127.702133.498147.120148.154153.299165.127156.629154.445160.015158.501160.603166.643183.445202.794197.375197.862

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

Start with the inflation rate formula:

CPI in 2024 / CPI in 2002 * 2002 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Bacon, breakfast sausage, and related products was 112.885 in the year 2002 and 197.862 in 2024:

197.862 / 112.885 * $20 = $35.06

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2002 has the same "purchasing power" as $35.06 in 2024 (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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