According to the U.S. Bureau of Labor Statistics, prices for bacon, breakfast sausage, and related products were 6.39% higher in 2020 versus 2015 (a $1.28 difference in value).
Between 2015 and 2020: Bacon, breakfast sausage, and related products experienced an average inflation rate of 1.25% per year. In other words, bacon, breakfast sausage, and related products costing $20 in the year 2015 would cost $21.28 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.77% during this same period, inflation for bacon, breakfast sausage, and related products was lower.
In the year 2015: Pricing changed by -5.15%, which is significantly below the average yearly change for bacon, breakfast sausage, and related products during the 2015-2020 time period. Compared to inflation for all items in 2015 (0.12%), inflation for bacon, breakfast sausage, and related products was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bacon, breakfast sausage, and related products:
Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
CPI | 100.000 | 96.577 | 96.331 | 108.162 | 112.038 | 112.885 | 116.077 | 123.054 | 122.692 | 123.069 | 127.438 | 128.039 | 127.702 | 133.498 | 147.120 | 148.154 | 153.299 | 165.127 | 156.629 | 154.445 | 160.015 | 158.501 | 160.603 | 166.643 |
Below are calculations of equivalent buying power for Bacon, breakfast sausage, and related products, over time, for $20 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2015 | $20.00 | -5.15% |
2016 | $19.72 | -1.39% |
2017 | $20.43 | 3.61% |
2018 | $20.24 | -0.95% |
2019 | $20.51 | 1.33% |
2020 | $21.28 | 3.76%* |