According to the U.S. Bureau of Labor Statistics, prices for bacon and related products were 2.25% higher in 2020 versus 2018 (a $0.45 difference in value).
Between 2018 and 2020: Bacon and related products experienced an average inflation rate of 1.12% per year. In other words, bacon and related products costing $20 in the year 2018 would cost $20.45 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.37% during this same period, inflation for bacon and related products was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bacon and related products:
Below are calculations of equivalent buying power for Bacon and related products, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|