“A chicken’s price is probably the most expensive food in the world,” says Dr. Stephen Miller of the University of Arizona in Tucson.
We’ll take the question of most expensive food first. When it comes to a chicken, the top four are chicken breasts (or thighs, chicken wings, boneless chicken breast), ground beef, and pork.
Of course, “food” is a subjective topic, so this question assumes that those who eat the most expensive food (like, say, the owner of the supermarket) are the healthiest people. We want to hear your favorite expensive food of the past six months and we’ll give you two guesses.
Chicken Breast – $12.88 per pound
Bacon – $11.69 per pound
Ground Beef – $11.29 per pound
Pork – $31.50 per pound
For your second guess, let’s calculate what would it take to reach the average price per pound of bacon. We think that the most expensive hamburger at the grocery store is $17.75 per pound, so let’s use $12.88 per pound as the price for bacon.
Bacon – $12.88 per pound = $21.08 per pound
Ground beef – $11.29 per pound = $10.53 per pound
Chicken breasts – $28.06 per pound = $19.75 per pound
Our guess is, we can buy two chickens for more, but in reality, it would cost considerably more. Chicken breasts cost about 16 bucks per pound and ground beef costs about 6 bucks per pound.
So we do the math: $22.08 per pound = $16.78 per pound. Bacon is more expensive because it is more expensive for us to order it. Chicken breasts and ground beef go to about half the price, so the real difference is the purchase price we can afford. In this case, about one third of the savings would go into the pocket of the supermarket owner. The other two thirds were the other owner’s profits. Chicken breasts probably cost more than $5, whereas the other items are worth about $10. So Bacon’s prices were worth about $2.
On the other hand, the price of pork goes up by a factor of six, which is still a very cheap price.
So, does chicken cost more than bacon? Not really. Chicken breasts cost $12 to produce while bacon costs $11.69 to
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