Chicken price history from 2012 through 2020

Chicken Inflation Calculator

Prices for Chicken, 2012-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for chicken were 11.79% higher in 2020 versus 2012 (a $2.36 difference in value).

Between 2012 and 2020: Chicken experienced an average inflation rate of 1.40% per year. In other words, chicken costing $20 in the year 2012 would cost $22.36 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.51% during this same period, inflation for chicken was lower.

In the year 2012: Pricing changed by 4.84%, which is significantly above the average yearly change for chicken during the 2012-2020 time period. Compared to inflation for all items in 2012 (2.07%), inflation for chicken was higher.

Price Inflation for Chicken since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2004 (8.53%), 2007 (5.75%), and 2013 (5.32%).

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

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Buying power of $20 since 2012

Below are calculations of equivalent buying power for Chicken, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2012	$20.00	4.84%
2013	$21.06	5.32%
2014	$21.55	2.31%
2015	$21.62	0.31%
2016	$20.96	-3.04%
2017	$21.11	0.71%
2018	$21.35	1.15%
2019	$21.30	-0.24%
2020	$22.36	4.96%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for chicken, 2012-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2012 * 2012 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Chicken was 140.754 in the year 2012 and 157.347 in 2020:

157.347 / 140.754 * $20 = $22.36

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2012 has the same "purchasing power" as $22.36 in 2020 (in the CPI category of Chicken).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Chicken in 1997. In addition to chicken, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.