Fresh whole chicken priced at $20 in 1994 $35.41 in 2019

Historical Price Inflation for Fresh whole chicken

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Prices for Fresh Whole Chicken, 1994-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken were 77.03% higher in 2019 versus 1994 (a $15.41 difference in value).

Between 1994 and 2019: Fresh whole chicken experienced an average inflation rate of 2.31% per year. This rate of change indicates significant inflation. In other words, fresh whole chicken costing $20 in the year 1994 would cost $35.41 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.18% during this same period, inflation for fresh whole chicken was higher.

Price Inflation for Fresh whole chicken since 1994

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2004 (10%), 1996 (7.27%), and 2007 (6.60%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh whole chicken:

Year 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
CPI 140.083 142.225 152.558 158.467 159.575 161.825 162.875 167.975 169.092 165.792 182.367 186.708 184.033 196.176 207.853 211.823 211.065 219.049 229.451 243.490 252.024 253.482 249.434 244.847 248.459 247.994

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Buying power of $20 since 1994

Below are calculations of equivalent buying power for Fresh whole chicken, over time, for $20 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1994 $20.00 -
1995 $20.31 1.53%
1996 $21.78 7.27%
1997 $22.62 3.87%
1998 $22.78 0.70%
1999 $23.10 1.41%
2000 $23.25 0.65%
2001 $23.98 3.13%
2002 $24.14 0.66%
2003 $23.67 -1.95%
2004 $26.04 10.00%
2005 $26.66 2.38%
2006 $26.27 -1.43%
2007 $28.01 6.60%
2008 $29.68 5.95%
2009 $30.24 1.91%
2010 $30.13 -0.36%
2011 $31.27 3.78%
2012 $32.76 4.75%
2013 $34.76 6.12%
2014 $35.98 3.51%
2015 $36.19 0.58%
2016 $35.61 -1.60%
2017 $34.96 -1.84%
2018 $35.47 1.48%
2019 $35.41 -0.19%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for fresh whole chicken, 1994-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 1994 * 1994 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Fresh whole chicken was 140.083 in the year 1994 and 247.994 in 2019:

247.994 / 140.083 * $20 = $35.41

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1994 has the same "purchasing power" as $35.41 in 2019 (in the CPI category of Fresh whole chicken).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fresh whole chicken in 1994. In addition to fresh whole chicken, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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