GROCERY BASKET PRICE INDEX
Latest data: September 2026 Released: October 14, 2026 Next update: November 10, 2026

Explainer

Why is bacon so expensive?

The sliced-bacon price is 11.2% below the October 2022 record. A pound averages $6.76, −7.3% versus a year ago, as the pork-belly cut commands its own premium.

  • 2 min read
  • Data through September 2026
  • BLS-based
Quick answer

Bacon reflects the belly cut, processing and the wider hog market.

A pound of sliced bacon averages $6.76 — 11.2% below the October 2022 record and −7.3% versus last year.

−11.2% vs. record price

Where bacon prices stand

The sliced-bacon price is 11.2% below the October 2022 record. Sliced bacon averaged $6.76 per pound for September 2026. It changed +2.3% from the prior month and −7.3% from a year earlier. Its latest observation is 11.2% below the October 2022 record; that historical comparison does not establish the direction of its next move.

What drives bacon prices

Bacon is cured pork belly, and the belly is a single cut whose price often moves on its own: when demand for bacon outruns the rest of the carcass, belly prices can jump even while overall pork is calm. Underneath that, bacon still rides the broader hog market — how many animals come to slaughter and the cost of corn and soybean-meal feed — and curing and slicing add a processing margin on top of the raw belly. Those stages help explain why a packaged bacon price differs from a raw hog or belly quotation.

A real shelf price

Every figure here is the BLS average retail price for sliced bacon, tracked monthly since January 1980 — an actual dollar amount shoppers paid, not a wholesale belly quote or a forecast.

Illustration related to why is bacon so expensive?

Frequently asked questions

How much does bacon cost right now?

Sliced bacon averaged $6.76 per pound at the U.S. city average in September 2026, per BLS CPI Average Price Data.

Why is bacon so expensive?

Bacon is cured pork belly — a single cut that commands its own premium when bacon demand runs high, on top of hog-market and feed costs plus a curing margin. Bacon is −7.3% year over year as of September 2026.

Is bacon cheaper than last year?

As of September 2026 bacon is −7.3% versus a year ago and 11.2% below the October 2022 record of $7.61.

Sources and methodology

Data through September 2026 · Editorial prose reviewed for September 2026 · Source data is independently analyzed by Basket Report and does not imply BLS endorsement.

Explore bacon prices

See the full price history and how bacon tracks the pork-belly market.

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