According to the U.S. Bureau of Labor Statistics, prices for chicken were 5.07% higher in 2021 versus 2018 (a $1.01 difference in value).
Between 2018 and 2021: Chicken experienced an average inflation rate of 1.66% per year. In other words, chicken costing $20 in the year 2018 would cost $21.01 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.37% during this same period, inflation for chicken was higher.
In the year 2018: Pricing changed by 1.15%, which is below the average yearly change for chicken during the 2018-2021 time period. Compared to inflation for all items in 2018 (2.44%), 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 | 2021 |
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 | 157.889 |
Below are calculations of equivalent buying power for Chicken, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2018 | $20.00 | 1.15% |
2019 | $19.95 | -0.24% |
2020 | $20.94 | 4.96% |
2021 | $21.01 | 0.34%* |