🥓 Price of Bacon in 1998
Verdict: Inflation Trap
Bacon cost $2.54 in 1998. Adjusted for inflation, that's $4.89 today. The actual price today is $6.78 — 38.5% more expensive.
⏱️ Labor Hours to Buy Bacon
1998
0.1
hours of median work
Today
0.2
hours of median work
In 1998, a median earner worked 0.1 hours to buy bacon. Today, it takes 0.2 hours. It is 1.2x harder to earn.
📈 Bacon Price History
1984
2024