According to the U.S. Bureau of Labor Statistics, prices for bacon and related products were 622.29% higher in 2020 versus 1972 (a $124.46 difference in value).
Between 1972 and 2020: Bacon and related products experienced an average inflation rate of 4.21% per year. This rate of change indicates significant inflation. In other words, bacon and related products costing $20 in the year 1972 would cost $144.46 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.87% during this same period, inflation for bacon and related products was higher.
In the year 1972: Pricing changed by 21%, which is significantly above the average yearly change for bacon and related products during the 1972-2020 time period. Compared to inflation for all items in 1972 (3.27%), inflation for bacon and related products was much higher.
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 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1972 | $20.00 | 21.00% |
| 1973 | $27.56 | 37.81% |
| 1974 | $27.46 | -0.36% |
| 1975 | $36.90 | 34.38% |
| 1976 | $36.00 | -2.43% |
| 1977 | $33.00 | -8.33% |
| 1978 | $38.00 | 15.14% |
| 1979 | $35.28 | -7.17% |
| 1980 | $34.21 | -3.02% |
| 1981 | $38.76 | 13.31% |
| 1982 | $47.51 | 22.58% |
| 1983 | $46.51 | -2.12% |
| 1984 | $45.54 | -2.09% |
| 1985 | $47.14 | 3.53% |
| 1986 | $50.49 | 7.10% |
| 1987 | $53.30 | 5.57% |
| 1988 | $46.93 | -11.96% |
| 1989 | $44.58 | -5.01% |
| 1990 | $52.75 | 18.34% |
| 1991 | $55.74 | 5.67% |
| 1992 | $48.66 | -12.70% |
| 1993 | $51.55 | 5.93% |
| 1994 | $54.95 | 6.61% |
| 1995 | $55.80 | 1.54% |
| 1996 | $69.27 | 24.13% |
| 1997 | $76.31 | 10.16% |
| 1998 | $70.71 | -7.33% |
| 1999 | $70.47 | -0.34% |
| 2000 | $82.59 | 17.20% |
| 2001 | $85.87 | 3.97% |
| 2002 | $86.64 | 0.89% |
| 2003 | $91.44 | 5.54% |
| 2004 | $98.63 | 7.86% |
| 2005 | $97.60 | -1.04% |
| 2006 | $99.08 | 1.51% |
| 2007 | $102.80 | 3.76% |
| 2008 | $102.04 | -0.74% |
| 2009 | $100.42 | -1.59% |
| 2010 | $108.02 | 7.57% |
| 2011 | $122.54 | 13.44% |
| 2012 | $124.53 | 1.63% |
| 2013 | $132.05 | 6.04% |
| 2014 | $139.41 | 5.58% |
| 2015 | $130.71 | -6.25% |
| 2016 | $131.50 | 0.61% |
| 2017 | $140.48 | 6.83% |
| 2018 | $138.06 | -1.73% |
| 2019 | $140.78 | 1.97% |
| 2020 | $144.46 | 2.61%* |