According to the U.S. Bureau of Labor Statistics, prices for bacon, breakfast sausage, and related products were 16.90% higher in 2021 versus 2011 (a $3.38 difference in value).
Between 2011 and 2021: Bacon, breakfast sausage, and related products experienced an average inflation rate of 1.57% per year. In other words, bacon, breakfast sausage, and related products costing $20 in the year 2011 would cost $23.38 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.66% during this same period, inflation for bacon, breakfast sausage, and related products was lower.
In the year 2011: Pricing changed by 10.20%, which is significantly above the average yearly change for bacon, breakfast sausage, and related products during the 2011-2021 time period. Compared to inflation for all items in 2011 (3.16%), inflation for bacon, breakfast sausage, and related products was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bacon, breakfast sausage, and related products:
Below are calculations of equivalent buying power for Bacon, breakfast sausage, and related products, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|