According to the U.S. Bureau of Labor Statistics, prices for chicken were 57.35% higher in 2020 versus 1997 (a $11.47 difference in value).
Between 1997 and 2020: Chicken experienced an average inflation rate of 1.99% per year. In other words, chicken costing $20 in the year 1997 would cost $31.47 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for chicken was lower.
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 |
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 |
Below are calculations of equivalent buying power for Chicken, over time, for $20 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 | $20.00 | - |
1998 | $20.28 | 1.38% |
1999 | $20.36 | 0.42% |
2000 | $20.49 | 0.63% |
2001 | $21.10 | 2.98% |
2002 | $21.51 | 1.95% |
2003 | $21.78 | 1.22% |
2004 | $23.63 | 8.53% |
2005 | $24.12 | 2.05% |
2006 | $23.52 | -2.48% |
2007 | $24.87 | 5.75% |
2008 | $26.15 | 5.12% |
2009 | $26.52 | 1.45% |
2010 | $26.36 | -0.60% |
2011 | $26.85 | 1.84% |
2012 | $28.15 | 4.84% |
2013 | $29.65 | 5.32% |
2014 | $30.33 | 2.31% |
2015 | $30.43 | 0.31% |
2016 | $29.50 | -3.04% |
2017 | $29.71 | 0.71% |
2018 | $30.05 | 1.15% |
2019 | $29.98 | -0.24% |
2020 | $31.47 | 4.96%* |