According to the U.S. Bureau of Labor Statistics, prices for chicken were 26.52% higher in 2020 versus 2007 (a $5.30 difference in value).
Between 2007 and 2020: Chicken experienced an average inflation rate of 1.83% per year. In other words, chicken costing $20 in the year 2007 would cost $25.30 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.72% during this same period, inflation for chicken was higher.
In the year 2007: Pricing changed by 5.75%, which is significantly above the average yearly change for chicken during the 2007-2020 time period. Compared to inflation for all items in 2007 (2.85%), inflation for chicken was higher.
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 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2007 | $20.00 | 5.75% |
2008 | $21.02 | 5.12% |
2009 | $21.33 | 1.45% |
2010 | $21.20 | -0.60% |
2011 | $21.59 | 1.84% |
2012 | $22.64 | 4.84% |
2013 | $23.84 | 5.32% |
2014 | $24.39 | 2.31% |
2015 | $24.47 | 0.31% |
2016 | $23.72 | -3.04% |
2017 | $23.89 | 0.71% |
2018 | $24.17 | 1.15% |
2019 | $24.11 | -0.24% |
2020 | $25.30 | 4.96%* |