According to the U.S. Bureau of Labor Statistics, prices for chicken are 79.39% higher in 2022 versus 1997 (a $1.42 difference in value).
The current national average price is $1.79 for "Chicken, fresh, whole, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.
Between 1997 and 2022: Chicken experienced an average inflation rate of 2.37% per year. This rate of change indicates significant inflation. In other words, chicken costing $1.79 in the year 1997 would cost $3.21 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.33% during this same period, inflation for chicken was higher.
The average price for Chicken is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.
Average prices for Chicken, fresh, whole, per lb. (453.6 gm):
| Year | Average price (Chicken) | Inflation adjusted price (2022 dollars) |
|---|---|---|
| 2022 | $1.79 (latest available value) | $1.79 |
| 2021 | $1.53 | $1.65 |
| 2020 | $1.56 | $1.78 |
| 2019 | $1.50 | $1.79 |
| 2018 | $1.50 | $1.79 |
| 2017 | $1.47 | $1.78 |
| 2016 | $1.46 | $1.78 |
| 2015 | $1.49 | $1.75 |
| 2014 | $1.53 | $1.81 |
| 2013 | $1.50 | $1.81 |
| 2012 | $1.42 | $1.81 |
| 2011 | $1.29 | $1.73 |
| 2010 | $1.26 | $1.72 |
| 2009 | $1.28 | $1.73 |
| 2008 | $1.21 | $1.66 |
| 2007 | $1.12 | $1.61 |
| 2006 | $1.05 | $1.60 |
| 2005 | $1.06 | $1.57 |
| 2004 | $1.07 | $1.62 |
| 2003 | $1.03 | $1.70 |
| 2002 | $1.07 | $1.79 |
| 2001 | $1.11 | $1.88 |
| 2000 | $1.07 | $1.88 |
| 1999 | $1.06 | $1.86 |
| 1998 | $1.04 | $1.85 |
| 1997 | $1.00 | $1.80 |
| 1996 | $0.97 | No data |
| 1995 | $0.92 | No data |
| 1994 | $0.90 | No data |
| 1993 | $0.89 | No data |
| 1992 | $0.87 | No data |
| 1991 | $0.88 | No data |
| 1990 | $0.90 | No data |
| 1989 | $0.93 | No data |
| 1988 | $0.85 | No data |
| 1987 | $0.78 | No data |
| 1986 | $0.84 | No data |
| 1985 | $0.76 | No data |
| 1984 | $0.81 | No data |
| 1983 | $0.72 | No data |
| 1982 | $0.71 | No data |
| 1981 | $0.73 | No data |
| 1980 | $0.71 | No data |
Below are calculations of equivalent buying power for Chicken, over time, for $1.79 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1997 | $1.79 | - |
| 1998 | $1.81 | 1.38% |
| 1999 | $1.82 | 0.42% |
| 2000 | $1.83 | 0.63% |
| 2001 | $1.89 | 2.98% |
| 2002 | $1.93 | 1.95% |
| 2003 | $1.95 | 1.22% |
| 2004 | $2.12 | 8.53% |
| 2005 | $2.16 | 2.05% |
| 2006 | $2.11 | -2.48% |
| 2007 | $2.23 | 5.75% |
| 2008 | $2.34 | 5.12% |
| 2009 | $2.37 | 1.45% |
| 2010 | $2.36 | -0.60% |
| 2011 | $2.40 | 1.84% |
| 2012 | $2.52 | 4.84% |
| 2013 | $2.65 | 5.32% |
| 2014 | $2.71 | 2.31% |
| 2015 | $2.72 | 0.31% |
| 2016 | $2.64 | -3.04% |
| 2017 | $2.66 | 0.71% |
| 2018 | $2.69 | 1.15% |
| 2019 | $2.68 | -0.24% |
| 2020 | $2.82 | 4.96% |
| 2021 | $2.97 | 5.28% |
| 2022 | $3.21 | 8.29%* |
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Chicken:
| Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| CPI | 100.000 | 101.385 | 101.815 | 102.454 | 105.508 | 107.569 | 108.877 | 118.169 | 120.592 | 117.600 | 124.363 | 130.727 | 132.622 | 131.821 | 134.250 | 140.754 | 148.246 | 151.667 | 152.141 | 147.513 | 148.556 | 150.268 | 149.907 | 157.347 | 165.657 | 179.390 |