Bacon · per lb · 1980 Verified
$1.27in June 1980 — about $5.13 in today's money.
- Price in 1980$1.27
- Same money today$5.13
- Actual price now · June 2026$6.56
- Change since 1980+417%
Priced in working time
- Work to buy in 1980 · the federal minimum wage was $3.10/hour25 min
- Work to buy today · at $7.25/hour (2026)54 min
Observed price divided by the observed wage for the same year — nothing here is back-cast. See the minimum wage record →
Price history
Record & method
This is an observed price. The U.S. Bureau of Labor Statistics recorded it in June 1980; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- APU0000704111
- Observed
- June 1980
- Coverage
- January 1980 – June 2026
- Adjusted by
- CPIAUCNS · 82.7 → 333.952 (June 2026)
- License
- Public domain