According to the U.S. Bureau of Labor Statistics, prices for bacon and related products were 1,715.97% higher in 2020 versus 1944 (a $343.19 difference in value).
Between 1944 and 2020: Bacon and related products experienced an average inflation rate of 3.89% per year. This rate of change indicates significant inflation. In other words, bacon and related products costing $20 in the year 1944 would cost $363.19 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.60% during this same period, inflation for bacon and related products was higher.
In the year 1944: Pricing changed by -4.92%, which is significantly below the average yearly change for bacon and related products during the 1944-2020 time period. Compared to inflation for all items in 1944 (1.64%), inflation for bacon and related products was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bacon and related products:
| Year | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 13.600 | 11.892 | 14.985 | 17.223 | 17.985 | 17.100 | 17.231 | 22.485 | 32.746 | 32.423 | 28.038 | 26.846 | 28.300 | 27.315 | 33.269 | 34.500 | 27.862 | 24.554 | 31.546 | 33.777 | 28.285 | 27.854 | 30.338 | 29.977 | 29.085 | 29.223 | 35.615 | 41.908 | 36.792 | 35.800 | 38.777 | 41.946 | 35.531 | 42.992 | 59.246 | 59.031 | 79.323 | 77.392 | 70.946 | 81.685 | 75.831 | 73.538 | 83.323 | 102.138 | 99.977 | 97.885 | 101.338 | 108.531 | 114.577 | 100.877 | 95.823 | 113.392 | 119.823 | 104.600 | 110.808 | 118.131 | 119.954 | 148.900 | 164.031 | 152.000 | 151.477 | 177.538 | 184.592 | 186.238 | 196.562 | 212.008 | 209.800 | 212.977 | 220.978 | 219.349 | 215.861 | 232.207 | 263.405 | 267.691 | 283.854 | 299.687 | 280.969 | 282.682 | 301.979 | 296.766 | 302.619 | 310.531 |
Below are calculations of equivalent buying power for Bacon and related products, over time, for $20 beginning in 1944. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1944 | $20.00 | -4.92% |
| 1945 | $20.15 | 0.76% |
| 1946 | $26.30 | 30.49% |
| 1947 | $38.30 | 45.64% |
| 1948 | $37.92 | -0.99% |
| 1949 | $32.79 | -13.52% |
| 1950 | $31.40 | -4.25% |
| 1951 | $33.10 | 5.42% |
| 1952 | $31.95 | -3.48% |
| 1953 | $38.91 | 21.80% |
| 1954 | $40.35 | 3.70% |
| 1955 | $32.59 | -19.24% |
| 1956 | $28.72 | -11.87% |
| 1957 | $36.90 | 28.48% |
| 1958 | $39.51 | 7.07% |
| 1959 | $33.08 | -16.26% |
| 1960 | $32.58 | -1.52% |
| 1961 | $35.48 | 8.92% |
| 1962 | $35.06 | -1.19% |
| 1963 | $34.02 | -2.98% |
| 1964 | $34.18 | 0.48% |
| 1965 | $41.66 | 21.87% |
| 1966 | $49.01 | 17.67% |
| 1967 | $43.03 | -12.21% |
| 1968 | $41.87 | -2.70% |
| 1969 | $45.35 | 8.32% |
| 1970 | $49.06 | 8.17% |
| 1971 | $41.56 | -15.29% |
| 1972 | $50.28 | 21.00% |
| 1973 | $69.29 | 37.81% |
| 1974 | $69.04 | -0.36% |
| 1975 | $92.78 | 34.38% |
| 1976 | $90.52 | -2.43% |
| 1977 | $82.98 | -8.33% |
| 1978 | $95.54 | 15.14% |
| 1979 | $88.69 | -7.17% |
| 1980 | $86.01 | -3.02% |
| 1981 | $97.45 | 13.31% |
| 1982 | $119.46 | 22.58% |
| 1983 | $116.93 | -2.12% |
| 1984 | $114.48 | -2.09% |
| 1985 | $118.52 | 3.53% |
| 1986 | $126.94 | 7.10% |
| 1987 | $134.01 | 5.57% |
| 1988 | $117.98 | -11.96% |
| 1989 | $112.07 | -5.01% |
| 1990 | $132.62 | 18.34% |
| 1991 | $140.14 | 5.67% |
| 1992 | $122.34 | -12.70% |
| 1993 | $129.60 | 5.93% |
| 1994 | $138.16 | 6.61% |
| 1995 | $140.30 | 1.54% |
| 1996 | $174.15 | 24.13% |
| 1997 | $191.85 | 10.16% |
| 1998 | $177.78 | -7.33% |
| 1999 | $177.17 | -0.34% |
| 2000 | $207.65 | 17.20% |
| 2001 | $215.90 | 3.97% |
| 2002 | $217.82 | 0.89% |
| 2003 | $229.90 | 5.54% |
| 2004 | $247.96 | 7.86% |
| 2005 | $245.38 | -1.04% |
| 2006 | $249.10 | 1.51% |
| 2007 | $258.45 | 3.76% |
| 2008 | $256.55 | -0.74% |
| 2009 | $252.47 | -1.59% |
| 2010 | $271.59 | 7.57% |
| 2011 | $308.08 | 13.44% |
| 2012 | $313.09 | 1.63% |
| 2013 | $331.99 | 6.04% |
| 2014 | $350.51 | 5.58% |
| 2015 | $328.62 | -6.25% |
| 2016 | $330.62 | 0.61% |
| 2017 | $353.19 | 6.83% |
| 2018 | $347.09 | -1.73% |
| 2019 | $353.94 | 1.97% |
| 2020 | $363.19 | 2.61%* |