Experts began predicting that prices would zoom up last year after droughts affected feed crops
, and then a new virus affecting pigs migrated to the U.S. this summer
, further lowering supply of this high-demand meat. According to the Bureau of Labor Statistics
, the average cost per pound of bacon has gone up 56 percent in 10 years (from $3.14 to $4.92)—compare that to beef steaks, which are up 41 percent in 10 years
. In U.S. cities, the climb has been even steeper. Over the last 12 months alone, the average price of a pound of bacon in urban areas rose 22 percent to $5.62 per pound, up from $4.61 a year earlier. But if you use bacon as an accent instead of a main course, you'll get the salty, smoky flavor without spending as much. This stew recipe calls for just two slices.