According to the U.S. Bureau of Labor Statistics, prices for bacon, breakfast sausage, and related products are 106.78% higher in 2024 versus 1998 (a $21.36 difference in value).
Between 1998 and 2024: Bacon, breakfast sausage, and related products experienced an average inflation rate of 2.83% per year. This rate of change indicates significant inflation. In other words, bacon, breakfast sausage, and related products costing $20 in the year 1998 would cost $41.36 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for bacon, breakfast sausage, and related products was higher.
In the year 1998: Pricing changed by -3.42%, which is significantly below the average yearly change for bacon, breakfast sausage, and related products during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for bacon, breakfast sausage, and related products was much lower.
Below are calculations of equivalent buying power for Bacon, breakfast sausage, and related products, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | -3.42% |
| 1999 | $19.95 | -0.25% |
| 2000 | $22.40 | 12.28% |
| 2001 | $23.20 | 3.58% |
| 2002 | $23.38 | 0.76% |
| 2003 | $24.04 | 2.83% |
| 2004 | $25.48 | 6.01% |
| 2005 | $25.41 | -0.29% |
| 2006 | $25.49 | 0.31% |
| 2007 | $26.39 | 3.55% |
| 2008 | $26.52 | 0.47% |
| 2009 | $26.45 | -0.26% |
| 2010 | $27.65 | 4.54% |
| 2011 | $30.47 | 10.20% |
| 2012 | $30.68 | 0.70% |
| 2013 | $31.75 | 3.47% |
| 2014 | $34.20 | 7.72% |
| 2015 | $32.44 | -5.15% |
| 2016 | $31.98 | -1.39% |
| 2017 | $33.14 | 3.61% |
| 2018 | $32.82 | -0.95% |
| 2019 | $33.26 | 1.33% |
| 2020 | $34.51 | 3.76% |
| 2021 | $37.99 | 10.08% |
| 2022 | $42.00 | 10.55% |
| 2023 | $40.87 | -2.67% |
| 2024 | $41.36 | 1.18%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bacon, breakfast sausage, and related products:
| Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 96.577 | 96.331 | 108.162 | 112.038 | 112.885 | 116.077 | 123.054 | 122.692 | 123.069 | 127.438 | 128.039 | 127.702 | 133.498 | 147.120 | 148.154 | 153.299 | 165.127 | 156.629 | 154.445 | 160.015 | 158.501 | 160.603 | 166.643 | 183.445 | 202.794 | 197.375 | 199.697 |