According to the U.S. Bureau of Labor Statistics, prices for bacon and related products were 186.12% higher in 2020 versus 1986 (a $37.22 difference in value).
Between 1986 and 2020: Bacon and related products experienced an average inflation rate of 3.14% per year. This rate of change indicates significant inflation. In other words, bacon and related products costing $20 in the year 1986 would cost $57.22 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for bacon and related products was higher.
In the year 1986: Pricing changed by 7.10%, which is significantly above the average yearly change for bacon and related products during the 1986-2020 time period. Compared to inflation for all items in 1986 (1.90%), 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 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1986 | $20.00 | 7.10% |
1987 | $21.11 | 5.57% |
1988 | $18.59 | -11.96% |
1989 | $17.66 | -5.01% |
1990 | $20.90 | 18.34% |
1991 | $22.08 | 5.67% |
1992 | $19.28 | -12.70% |
1993 | $20.42 | 5.93% |
1994 | $21.77 | 6.61% |
1995 | $22.11 | 1.54% |
1996 | $27.44 | 24.13% |
1997 | $30.23 | 10.16% |
1998 | $28.01 | -7.33% |
1999 | $27.91 | -0.34% |
2000 | $32.72 | 17.20% |
2001 | $34.02 | 3.97% |
2002 | $34.32 | 0.89% |
2003 | $36.22 | 5.54% |
2004 | $39.07 | 7.86% |
2005 | $38.66 | -1.04% |
2006 | $39.25 | 1.51% |
2007 | $40.72 | 3.76% |
2008 | $40.42 | -0.74% |
2009 | $39.78 | -1.59% |
2010 | $42.79 | 7.57% |
2011 | $48.54 | 13.44% |
2012 | $49.33 | 1.63% |
2013 | $52.31 | 6.04% |
2014 | $55.23 | 5.58% |
2015 | $51.78 | -6.25% |
2016 | $52.09 | 0.61% |
2017 | $55.65 | 6.83% |
2018 | $54.69 | -1.73% |
2019 | $55.77 | 1.97% |
2020 | $57.22 | 2.61%* |