Bacon and related products priced at $20 in 2000 $33.40 in 2018

Historical Price Inflation for Bacon and related products

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Prices for Bacon And Related Products, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for bacon and related products were 67.02% higher in 2018 versus 2000 (a $13.40 difference in value).

Between 2000 and 2018: Bacon and related products experienced an average inflation rate of 2.89% per year. This rate of change indicates significant inflation. In other words, bacon and related products costing $20 in the year 2000 would cost $33.40 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for bacon and related products was higher.

In the year 2000: Pricing changed by 17.14%, which is significantly above the average yearly change for bacon and related products during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for bacon and related products was much higher.

Price Inflation for Bacon and related products since 1947

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1973 (37.35%), 1975 (34.28%), and 1957 (28.29%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bacon and related products:

Year 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
CPI 32.683 32.433 28.083 26.817 28.333 27.292 33.192 34.558 27.883 24.542 31.483 33.792 28.317 27.825 30.342 29.975 29.067 29.250 35.533 41.950 36.792 35.817 38.767 41.933 35.525 42.925 58.958 58.975 79.192 77.475 71.008 81.750 75.992 73.442 83.367 102.150 100.050 97.908 101.358 108.533 114.575 100.875 95.825 113.392 119.825 104.600 110.742 118.108 119.833 148.700 164.083 152.108 151.525 177.492 184.550 186.275 196.592 212.017 209.908 212.950 220.919 219.340 215.882 232.086 263.310 267.665 283.803 299.707 280.966 282.736 301.901 296.440

View price changes for other categories
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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Bacon and related products, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 17.14%
2001 $20.80 3.98%
2002 $20.99 0.93%
2003 $22.15 5.54%
2004 $23.89 7.85%
2005 $23.65 -0.99%
2006 $24.00 1.45%
2007 $24.89 3.74%
2008 $24.72 -0.72%
2009 $24.33 -1.58%
2010 $26.15 7.51%
2011 $29.67 13.45%
2012 $30.16 1.65%
2013 $31.98 6.03%
2014 $33.77 5.60%
2015 $31.66 -6.25%
2016 $31.86 0.63%
2017 $34.02 6.78%
2018 $33.40 -1.81%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for bacon and related products, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Bacon and related products was 177.492 in the year 2000 and 296.440 in 2018:

296.440 / 177.492 * $20 = $33.40

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $33.40 in 2018 (in the CPI category of Bacon and related products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Bacon and related products in 1947. In addition to bacon and related products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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