Special Report

Here’s What’s Happened to the Price of Bacon and Eggs in the Past 80 Years

Parkerla / Getty Images

Which came first, the bacon or the egg?

That’s an easy one: Eggs win by millions of years. As early as 7000 B.C., people in India and China had domesticated chickens and were eating their eggs — and long before that, folks had probably figured out that they could snatch the edible eggs of wild birds directly from their nests.

Bacon is no youngster, of course. It probably didn’t much resemble what’s on our breakfast plates and in our sandwiches today, but the Chinese started curing pork belly around 1500 B.C., and the Greeks and Romans later made their own versions of cured pork. (Bacon is just meat from the back, sides, or belly of a pig — traditionally — that is cured and/or smoked.) 

And Englishman figured out how to mass-produce lean English-style back bacon in the 1770s, and in 1924 a German immigrant named Oscar Mayer introduced America to presliced, commercially packaged bacon that was basically what we know today.

It took another immigrant, Austrian-born Edward Bernays — a nephew of Sigmund Freud — to bring bacon to the breakfast table and unite it with eggs. An advertising and publicity genius, considered “the grandfather of public relations,” Bernays was approached in the latter ‘20s by the Beech-Nut Packing Company, which cured and sold bacon, and asked to come up with a campaign to encourage bacon sales.

At the time, most Americans ate modest breakfasts of fruit, porridge, some kind of bread — but Bernays got a doctor on his payroll to declare that a heartier, protein-rich morning meal was preferable. The ideal menu, according to Bernays, was of course bacon and eggs. The next thing anybody knew, there was the Egg McMuffin. This is the best breakfast sandwich in every state.

Today 70% of all bacon eaten in the U.S. is consumed for breakfast. It also turns up as a flavoring in all kinds of things. Here are 20 bacon-flavored foods the world doesn’t need.

Click here to see what’s happened to the price of eggs and bacon in the past 80 years.

Prices for bacon and eggs have both varied quite a bit over the years, the former more than the latter. That’s because bacon prices reflect production costs and supply and demand, while supermarkets typically sell eggs cheap as a loss leader. They might actually lose money on them, that is, but they get people into the store where they might buy something with a higher profit margin. Like, say, bacon.

To determine the cost of bacon and eggs the year you were born, 24/7 Tempo adjusted the average price of a pound of sliced bacon and a dozen grade A eggs in U.S. cities for every year from 1939 to 2019. Based on data from the Bureau of Labor Statistics, bacon prices were adjusted using the annual consumer price index for bacon and related products; egg prices were adjusted using the consumer price index for eggs. Historical prices of bacon and eggs were adjusted for overall inflation using the annual consumer price index for all items.

Source: Library of Congress / Wikimedia Commons

1939
> Price of 1 pound of bacon: $0.26
> Inflation-adjusted price of 1 pound of bacon: $4.73
> Price of a dozen eggs: $0.06
> Inflation-adjusted price of a dozen eggs: $1.03

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Source: Wikimedia Commons

1940
> Price of 1 pound of bacon: $0.23
> Inflation-adjusted price of 1 pound of bacon: $4.11
> Price of a dozen eggs: $0.05
> Inflation-adjusted price of a dozen eggs: $0.90

Source: National Archives and Records Administration, Franklin D. Roosevelt Library (NLFDR) / Wikimedia Commons

1941
> Price of 1 pound of bacon: $0.28
> Inflation-adjusted price of 1 pound of bacon: $4.93
> Price of a dozen eggs: $0.06
> Inflation-adjusted price of a dozen eggs: $1.07

Source: Australian War Memorial collection / Wikimedia Commons

1942
> Price of 1 pound of bacon: $0.33
> Inflation-adjusted price of 1 pound of bacon: $5.10
> Price of a dozen eggs: $0.07
> Inflation-adjusted price of a dozen eggs: $1.11

Source: pingnews.com / Flickr

1943
> Price of 1 pound of bacon: $0.34
> Inflation-adjusted price of 1 pound of bacon: $5.03
> Price of a dozen eggs: $0.07
> Inflation-adjusted price of a dozen eggs: $1.10

Source: U.S. Navy National Museum of Naval Aviation / Wikimedia Commons

1944
> Price of 1 pound of bacon: $0.32
> Inflation-adjusted price of 1 pound of bacon: $4.69
> Price of a dozen eggs: $0.07
> Inflation-adjusted price of a dozen eggs: $1.02

Source: National Archives and Records Administration / Wikimedia Commons

1945
> Price of 1 pound of bacon: $0.33
> Inflation-adjusted price of 1 pound of bacon: $4.62
> Price of a dozen eggs: $0.07
> Inflation-adjusted price of a dozen eggs: $1.01

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Source: Wikimedia Commons

1946
> Price of 1 pound of bacon: $0.43
> Inflation-adjusted price of 1 pound of bacon: $5.57
> Price of a dozen eggs: $0.09
> Inflation-adjusted price of a dozen eggs: $1.22

Source: National Archives and Records Administration / Wikimedia Commons

1947
> Price of 1 pound of bacon: $0.62
> Inflation-adjusted price of 1 pound of bacon: $7.10
> Price of a dozen eggs: $0.14
> Inflation-adjusted price of a dozen eggs: $1.55

Source: Wikimedia Commons

1948
> Price of 1 pound of bacon: $0.62
> Inflation-adjusted price of 1 pound of bacon: $6.49
> Price of a dozen eggs: $0.13
> Inflation-adjusted price of a dozen eggs: $1.42

Source: The U.S. National Archives / Flickr

1949
> Price of 1 pound of bacon: $0.53
> Inflation-adjusted price of 1 pound of bacon: $5.70
> Price of a dozen eggs: $0.12
> Inflation-adjusted price of a dozen eggs: $1.24

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Source: National Archives and Records Administration / Wikimedia Commons

1950
> Price of 1 pound of bacon: $0.51
> Inflation-adjusted price of 1 pound of bacon: $5.39
> Price of a dozen eggs: $0.11
> Inflation-adjusted price of a dozen eggs: $1.18

Source: Public Domain / Wikimedia Commons

1951
> Price of 1 pound of bacon: $0.54
> Inflation-adjusted price of 1 pound of bacon: $5.26
> Price of a dozen eggs: $0.12
> Inflation-adjusted price of a dozen eggs: $1.15

Source: Wikimedia Commons

1952
> Price of 1 pound of bacon: $0.52
> Inflation-adjusted price of 1 pound of bacon: $4.98
> Price of a dozen eggs: $0.11
> Inflation-adjusted price of a dozen eggs: $1.08

Source: Library of Congress / Wikimedia Commons

1953
> Price of 1 pound of bacon: $0.63
> Inflation-adjusted price of 1 pound of bacon: $6.02
> Price of a dozen eggs: $0.14
> Inflation-adjusted price of a dozen eggs: $1.31

Source: Seattle Municipal Archives / Wikimedia Commons

1954
> Price of 1 pound of bacon: $0.66
> Inflation-adjusted price of 1 pound of bacon: $6.20
> Price of a dozen eggs: $0.14
> Inflation-adjusted price of a dozen eggs: $1.35

Source: Seattle Municipal Archives / Wikimedia Commons

1955
> Price of 1 pound of bacon: $0.53
> Inflation-adjusted price of 1 pound of bacon: $5.01
> Price of a dozen eggs: $0.12
> Inflation-adjusted price of a dozen eggs: $1.09

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Source: ABC Television / Wikimedia Commons

1956
> Price of 1 pound of bacon: $0.47
> Inflation-adjusted price of 1 pound of bacon: $4.37
> Price of a dozen eggs: $0.10
> Inflation-adjusted price of a dozen eggs: $0.95

Source: Public Domain / Wikimedia Commons

1957
> Price of 1 pound of bacon: $0.60
> Inflation-adjusted price of 1 pound of bacon: $5.43
> Price of a dozen eggs: $0.13
> Inflation-adjusted price of a dozen eggs: $1.18

Source: National Archives and Records Administration / Wikimedia Commons

1958
> Price of 1 pound of bacon: $0.64
> Inflation-adjusted price of 1 pound of bacon: $5.65
> Price of a dozen eggs: $0.14
> Inflation-adjusted price of a dozen eggs: $1.23

Source: The Sporting News Archives / Wikimedia Commons

1959
> Price of 1 pound of bacon: $0.54
> Inflation-adjusted price of 1 pound of bacon: $4.70
> Price of a dozen eggs: $0.12
> Inflation-adjusted price of a dozen eggs: $1.02

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Source: Alden Jewell / Wikimedia Commons

1960
> Price of 1 pound of bacon: $0.53
> Inflation-adjusted price of 1 pound of bacon: $4.54
> Price of a dozen eggs: $0.12
> Inflation-adjusted price of a dozen eggs: $0.99

Source: The U.S. National Archives / Wikimedia Commons

1961
> Price of 1 pound of bacon: $0.58
> Inflation-adjusted price of 1 pound of bacon: $4.89
> Price of a dozen eggs: $0.13
> Inflation-adjusted price of a dozen eggs: $1.07

Source: Wikimedia Commons

1962
> Price of 1 pound of bacon: $0.57
> Inflation-adjusted price of 1 pound of bacon: $4.80
> Price of a dozen eggs: $0.12
> Inflation-adjusted price of a dozen eggs: $1.05

Source: Executive Office of the President of the United States / Wikimedia Commons

1963
> Price of 1 pound of bacon: $0.55
> Inflation-adjusted price of 1 pound of bacon: $4.59
> Price of a dozen eggs: $0.12
> Inflation-adjusted price of a dozen eggs: $1.00

Source: Harry Pot, / Wikimedia Commons

1964
> Price of 1 pound of bacon: $0.55
> Inflation-adjusted price of 1 pound of bacon: $4.55
> Price of a dozen eggs: $0.12
> Inflation-adjusted price of a dozen eggs: $0.99

Source: Seattle Municipal Archives / Wikimedia Commons

1965
> Price of 1 pound of bacon: $0.68
> Inflation-adjusted price of 1 pound of bacon: $5.46
> Price of a dozen eggs: $0.15
> Inflation-adjusted price of a dozen eggs: $1.19

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Source: Nationaal Archief / Wikimedia Commons

1966
> Price of 1 pound of bacon: $0.80
> Inflation-adjusted price of 1 pound of bacon: $6.25
> Price of a dozen eggs: $0.17
> Inflation-adjusted price of a dozen eggs: $1.36

Source: JOHN LLOYD / Flickr

1967
> Price of 1 pound of bacon: $0.70
> Inflation-adjusted price of 1 pound of bacon: $5.32
> Price of a dozen eggs: $0.15
> Inflation-adjusted price of a dozen eggs: $1.16

Source: Ollie Atkins, White House photographer / Library of Congress / Wikimedia Commons

1968
> Price of 1 pound of bacon: $0.68
> Inflation-adjusted price of 1 pound of bacon: $4.97
> Price of a dozen eggs: $0.15
> Inflation-adjusted price of a dozen eggs: $1.08

Source: NASA / Wikimedia Commons

1969
> Price of 1 pound of bacon: $0.74
> Inflation-adjusted price of 1 pound of bacon: $5.11
> Price of a dozen eggs: $0.16
> Inflation-adjusted price of a dozen eggs: $1.11

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Source: CBS Television / Wikimedia Commons

1970
> Price of 1 pound of bacon: $0.80
> Inflation-adjusted price of 1 pound of bacon: $5.22
> Price of a dozen eggs: $0.17
> Inflation-adjusted price of a dozen eggs: $1.14

Source: Leena A. Krohn / Wikimedia Commons

1971
> Price of 1 pound of bacon: $0.67
> Inflation-adjusted price of 1 pound of bacon: $4.23
> Price of a dozen eggs: $0.15
> Inflation-adjusted price of a dozen eggs: $0.92

Source: U.S. National Archives and Records Administration / Wikimedia Commons

1972
> Price of 1 pound of bacon: $0.82
> Inflation-adjusted price of 1 pound of bacon: $4.97
> Price of a dozen eggs: $0.18
> Inflation-adjusted price of a dozen eggs: $1.08

Source: sterferg / Wikimedia Commons

1973
> Price of 1 pound of bacon: $1.13
> Inflation-adjusted price of 1 pound of bacon: $6.45
> Price of a dozen eggs: $0.25
> Inflation-adjusted price of a dozen eggs: $1.41

Source: ABC Television / Wikimedia Commons

1974
> Price of 1 pound of bacon: $1.12
> Inflation-adjusted price of 1 pound of bacon: $5.78
> Price of a dozen eggs: $0.24
> Inflation-adjusted price of a dozen eggs: $1.26

Source: O'Halloran, Thomas J. / Library of Congress / Wikimedia Commons

1975
> Price of 1 pound of bacon: $1.51
> Inflation-adjusted price of 1 pound of bacon: $7.12
> Price of a dozen eggs: $0.33
> Inflation-adjusted price of a dozen eggs: $1.55

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Source: White House Photograph Courtesy Gerald R. Ford Library / Wikimedia Commons

1976
> Price of 1 pound of bacon: $1.47
> Inflation-adjusted price of 1 pound of bacon: $6.57
> Price of a dozen eggs: $0.32
> Inflation-adjusted price of a dozen eggs: $1.43

Source: Keystone / Getty Images

1977
> Price of 1 pound of bacon: $1.35
> Inflation-adjusted price of 1 pound of bacon: $5.66
> Price of a dozen eggs: $0.29
> Inflation-adjusted price of a dozen eggs: $1.23

Source: Steve Morgan / Wikimedia Commons

1978
> Price of 1 pound of bacon: $1.55
> Inflation-adjusted price of 1 pound of bacon: $6.05
> Price of a dozen eggs: $0.34
> Inflation-adjusted price of a dozen eggs: $1.32

Source: Thomas J. O'Halloran, U.S. News & World Report / Library of Congress / Wikimedia Commons

1979
> Price of 1 pound of bacon: $1.44
> Inflation-adjusted price of 1 pound of bacon: $5.04
> Price of a dozen eggs: $0.31
> Inflation-adjusted price of a dozen eggs: $1.10

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Source: Bogaerts, Rob / Anefo / Wikimedia Commons

1980
> Price of 1 pound of bacon: $1.37
> Inflation-adjusted price of 1 pound of bacon: $4.31
> Price of a dozen eggs: $0.78
> Inflation-adjusted price of a dozen eggs: $0.94

Source: White House Photographic Office / The National Archives and Records Administration / Wikimedia Commons

1981
> Price of 1 pound of bacon: $1.67
> Inflation-adjusted price of 1 pound of bacon: $4.43
> Price of a dozen eggs: $0.86
> Inflation-adjusted price of a dozen eggs: $0.97

Source: Wikimedia Commons

1982
> Price of 1 pound of bacon: $2.10
> Inflation-adjusted price of 1 pound of bacon: $5.12
> Price of a dozen eggs: $0.85
> Inflation-adjusted price of a dozen eggs: $1.12

Source: Wikimedia Commons

1983
> Price of 1 pound of bacon: $1.92
> Inflation-adjusted price of 1 pound of bacon: $4.85
> Price of a dozen eggs: $0.85
> Inflation-adjusted price of a dozen eggs: $1.06

Source: Marcin Wichary / Wikimedia Commons

1984
> Price of 1 pound of bacon: $1.90
> Inflation-adjusted price of 1 pound of bacon: $4.55
> Price of a dozen eggs: $0.88
> Inflation-adjusted price of a dozen eggs: $0.99

Source: Wikimedia Commons

1985
> Price of 1 pound of bacon: $1.95
> Inflation-adjusted price of 1 pound of bacon: $4.55
> Price of a dozen eggs: $0.79
> Inflation-adjusted price of a dozen eggs: $0.99

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Source: A1C Nancy Smelser / Wikimedia Commons

1986
> Price of 1 pound of bacon: $2.16
> Inflation-adjusted price of 1 pound of bacon: $4.78
> Price of a dozen eggs: $0.83
> Inflation-adjusted price of a dozen eggs: $1.04

Source: Virginia Tehan / Wikimedia Commons

1987
> Price of 1 pound of bacon: $2.23
> Inflation-adjusted price of 1 pound of bacon: $4.87
> Price of a dozen eggs: $0.76
> Inflation-adjusted price of a dozen eggs: $1.06

Source: National Park Service / Wikimedia Commons

1988
> Price of 1 pound of bacon: $1.91
> Inflation-adjusted price of 1 pound of bacon: $4.12
> Price of a dozen eggs: $0.80
> Inflation-adjusted price of a dozen eggs: $0.90

Source: Library of Congress / Wikimedia Commons

1989
> Price of 1 pound of bacon: $1.71
> Inflation-adjusted price of 1 pound of bacon: $3.73
> Price of a dozen eggs: $0.96
> Inflation-adjusted price of a dozen eggs: $0.81

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Source: Andrew Thomas / Wikimedia Commons

1990
> Price of 1 pound of bacon: $2.21
> Inflation-adjusted price of 1 pound of bacon: $4.19
> Price of a dozen eggs: $0.90
> Inflation-adjusted price of a dozen eggs: $0.91

Source: U.S. Air Force / Wikimedia Commons

1991
> Price of 1 pound of bacon: $2.31
> Inflation-adjusted price of 1 pound of bacon: $4.25
> Price of a dozen eggs: $0.97
> Inflation-adjusted price of a dozen eggs: $0.93

Source: Gary B. Edstrom / Wikimedia Commons

1992
> Price of 1 pound of bacon: $1.94
> Inflation-adjusted price of 1 pound of bacon: $3.60
> Price of a dozen eggs: $0.83
> Inflation-adjusted price of a dozen eggs: $0.79

Source: Official White House photograph / Wikimedia Commons

1993
> Price of 1 pound of bacon: $1.96
> Inflation-adjusted price of 1 pound of bacon: $3.70
> Price of a dozen eggs: $0.90
> Inflation-adjusted price of a dozen eggs: $0.81

Source: Andrea Booher / FEMA / Wikimedia Commons

1994
> Price of 1 pound of bacon: $2.00
> Inflation-adjusted price of 1 pound of bacon: $3.85
> Price of a dozen eggs: $0.82
> Inflation-adjusted price of a dozen eggs: $0.84

Source: NASA / Wikimedia Commons

1995
> Price of 1 pound of bacon: $1.91
> Inflation-adjusted price of 1 pound of bacon: $3.80
> Price of a dozen eggs: $0.88
> Inflation-adjusted price of a dozen eggs: $0.83

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Source: Public Domain / Wikimedia Commons

1996
> Price of 1 pound of bacon: $2.54
> Inflation-adjusted price of 1 pound of bacon: $4.58
> Price of a dozen eggs: $1.04
> Inflation-adjusted price of a dozen eggs: $1.00

Source: Kees de Vos / Wikimedia Commons

1997
> Price of 1 pound of bacon: $2.72
> Inflation-adjusted price of 1 pound of bacon: $4.94
> Price of a dozen eggs: $0.98
> Inflation-adjusted price of a dozen eggs: $1.08

Source: Flickr user Kevin Jarrett / Wikimedia Commons

1998
> Price of 1 pound of bacon: $2.52
> Inflation-adjusted price of 1 pound of bacon: $4.50
> Price of a dozen eggs: $0.97
> Inflation-adjusted price of a dozen eggs: $0.98

Source: Grj23 / Wikimedia Commons

1999
> Price of 1 pound of bacon: $2.50
> Inflation-adjusted price of 1 pound of bacon: $4.39
> Price of a dozen eggs: $0.88
> Inflation-adjusted price of a dozen eggs: $0.96

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Source: Rob Boudon / Wikimedia Commons

2000
> Price of 1 pound of bacon: $3.17
> Inflation-adjusted price of 1 pound of bacon: $4.98
> Price of a dozen eggs: $0.87
> Inflation-adjusted price of a dozen eggs: $1.09

Source: SFC Thomas R. Roberts / Wikimedia Commons

2001
> Price of 1 pound of bacon: $3.32
> Inflation-adjusted price of 1 pound of bacon: $5.03
> Price of a dozen eggs: $0.86
> Inflation-adjusted price of a dozen eggs: $1.10

Source: Sergeant Joseph R. Chenelly, United States Marine Corps / Wikimedia Commons

2002
> Price of 1 pound of bacon: $3.23
> Inflation-adjusted price of 1 pound of bacon: $5.00
> Price of a dozen eggs: $0.99
> Inflation-adjusted price of a dozen eggs: $1.09

Source: National Archive Catalog / Wikimedia Commons

2003
> Price of 1 pound of bacon: $3.16
> Inflation-adjusted price of 1 pound of bacon: $5.16
> Price of a dozen eggs: $1.15
> Inflation-adjusted price of a dozen eggs: $1.13

Source: Tech. Sgt. Jerry Morrison Jr., U.S. Air Force / Wikimedia Commons

2004
> Price of 1 pound of bacon: $3.47
> Inflation-adjusted price of 1 pound of bacon: $5.42
> Price of a dozen eggs: $1.25
> Inflation-adjusted price of a dozen eggs: $1.18

Source: Jocelyn Augustino / Wikimedia Commons

2005
> Price of 1 pound of bacon: $3.48
> Inflation-adjusted price of 1 pound of bacon: $5.19
> Price of a dozen eggs: $1.17
> Inflation-adjusted price of a dozen eggs: $1.13

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Source: Kjetil Ree / Wikimedia Commons

2006
> Price of 1 pound of bacon: $3.51
> Inflation-adjusted price of 1 pound of bacon: $5.10
> Price of a dozen eggs: $1.21
> Inflation-adjusted price of a dozen eggs: $1.11

Source: Ben Stanfield / Wikimedia Commons

2007
> Price of 1 pound of bacon: $3.72
> Inflation-adjusted price of 1 pound of bacon: $5.15
> Price of a dozen eggs: $1.50
> Inflation-adjusted price of a dozen eggs: $1.12

Source: CODEPINK Women For Peace / Wikimedia Commons

2008
> Price of 1 pound of bacon: $3.61
> Inflation-adjusted price of 1 pound of bacon: $4.92
> Price of a dozen eggs: $2.01
> Inflation-adjusted price of a dozen eggs: $1.07

Source: Master Sgt. Cecilio Ricardo, U.S. Air Force / Wikimedia Commons

2009
> Price of 1 pound of bacon: $3.64
> Inflation-adjusted price of 1 pound of bacon: $4.86
> Price of a dozen eggs: $1.50
> Inflation-adjusted price of a dozen eggs: $1.06

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Source: U.S. Coast Guard / Wikimedia Commons

2010
> Price of 1 pound of bacon: $4.21
> Inflation-adjusted price of 1 pound of bacon: $5.14
> Price of a dozen eggs: $1.44
> Inflation-adjusted price of a dozen eggs: $1.12

Source: David Shankbone / Wikimedia Commons

2011
> Price of 1 pound of bacon: $4.76
> Inflation-adjusted price of 1 pound of bacon: $5.66
> Price of a dozen eggs: $1.65
> Inflation-adjusted price of a dozen eggs: $1.23

Source: New Jersey National Guard / Wikimedia Commons

2012
> Price of 1 pound of bacon: $4.37
> Inflation-adjusted price of 1 pound of bacon: $5.63
> Price of a dozen eggs: $1.65
> Inflation-adjusted price of a dozen eggs: $1.23

Source: White House / Sonya Hebert / Wikimedia Commons

2013
> Price of 1 pound of bacon: $5.49
> Inflation-adjusted price of 1 pound of bacon: $5.89
> Price of a dozen eggs: $1.83
> Inflation-adjusted price of a dozen eggs: $1.28

Source: TechCrunch / Wikimedia Commons

2014
> Price of 1 pound of bacon: $6.01
> Inflation-adjusted price of 1 pound of bacon: $6.11
> Price of a dozen eggs: $1.95
> Inflation-adjusted price of a dozen eggs: $1.33

Source: Difference engine / Wikimedia Commons

2015
> Price of 1 pound of bacon: $5.18
> Inflation-adjusted price of 1 pound of bacon: $5.73
> Price of a dozen eggs: $2.57
> Inflation-adjusted price of a dozen eggs: $1.25

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Source: Krassotkin, Gage Skidmore / Wikimedia Commons

2016
> Price of 1 pound of bacon: $5.45
> Inflation-adjusted price of 1 pound of bacon: $5.69
> Price of a dozen eggs: $1.55
> Inflation-adjusted price of a dozen eggs: $1.24

Source: Wikimedia Commons

2017
> Price of 1 pound of bacon: $5.82
> Inflation-adjusted price of 1 pound of bacon: $5.95
> Price of a dozen eggs: $1.33
> Inflation-adjusted price of a dozen eggs: $1.30

Source: Chip Somodevilla / Getty Images

2018
> Price of 1 pound of bacon: $5.42
> Inflation-adjusted price of 1 pound of bacon: $5.71
> Price of a dozen eggs: $1.73
> Inflation-adjusted price of a dozen eggs: $1.24

Source: Alex Grimm / Getty Images

2019
> Price of 1 pound of bacon: $5.70
> Inflation-adjusted price of 1 pound of bacon: $5.70
> Price of a dozen eggs: $1.24
> Inflation-adjusted price of a dozen eggs: $1.24

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