It's happened to all of us: You notice a favorite product at the
grocery store is suddenly smaller than it used to be. This year,
it's costing a lot more money to bring home the bacon.
Pricier...and Smaller too!
Not only are prices up, but when you start cooking it up,
you'll find you're also getting less sizzle for your buck.
Tony Harris found that what was been a pound of bacon -- 16
ounces -- in many cases is now just 12 ounces. That's typical
of many products these days.
However, if only the price were the same. We paid
$6.59 for a pound of Oscar Mayer, and
just 12 ounces (the "new pound") of Hormel.
A year ago bacon was just $3.50 pound according to
CNN/Money, which blames soaring pork prices, due to a hot, dry
year, and rising feed prices.
You Can Still Avoid the Price Hike
With most shrinking products, whether it's bacon, cereal, or
toilet paper, not all brands are taking part in the size reduction.
We found some store brands still giving a full pound of bacon in a
pack for a reasonable $4.50.
So if you're ticked off, it's a great time to give another
brand a try, so you don't waste your money.