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By the. late 1990âs, the price of lead had increased tenfold compared. with the price at the beginning of the century. In terms of. 1992 dollars, however, the price of primary refined lead was. $0.39 per pound in 1998 compared with $0.59 per pound in. 1959. Historically, lead has not been and is not a price-elastic.
Like all commodities, the prices will greatly depend on the current market conditions. On average, bacon is going to cost about $5 to $7 per pound. According to BLS.gov, the average prices in the past were $5.33, $6.04 and $6.10 in early 2014. CNBC.com noted that in February of 2014, the average price was $5.46 per pound.