average cost of a pound of bacon
In January 1980, when BLS started tracking the price of these commodities, ground chuck cost $1.82 per pound and bacon cost $1.45 per pound.By this June 2014, ground chuck cost $3.91 per pound and bacon cost $6.11 per pound.A decade ago, in June 2004, a pound of ground chuck cost $2.49, which means that the commodity has increased by 57 percent since then.Bacon has increased by 78.7 percent from the $3.42 it cost in June 2004 to the $6.11 it costs now. In one month, beef increased from $3.85 in May 2014 to $3.91 in June 2014.Bacon increased from $6.05 in May 2014 to $6.11 in June 2014.acon has increased by 78.7 percent from the $3.42 it cost in June 2004 to the $6.11 it costs now. In one month, beef increased from $3.85 in May 2014 to $3.91 in June 2014. Bacon increased from $6.05 in May 2014 to $6.11 in June 2014.