According to the U.S. Bureau of Labor Statistics, prices for fresh and frozen chicken parts are 254.70% higher in 2024 versus 1978 (a $50.94 difference in value).
Between 1978 and 2024: Fresh and frozen chicken parts experienced an average inflation rate of 2.79% per year. This rate of change indicates significant inflation. In other words, fresh and frozen chicken parts costing $20 in the year 1978 would cost $70.94 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for fresh and frozen chicken parts was lower.
In the year 1978: Pricing changed by 10.23%, which is significantly above the average yearly change for fresh and frozen chicken parts during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), inflation for fresh and frozen chicken parts was higher.
Below are calculations of equivalent buying power for Fresh and frozen chicken parts, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1978 | $20.00 | 10.23% |
| 1979 | $21.07 | 5.37% |
| 1980 | $22.37 | 6.16% |
| 1981 | $23.57 | 5.37% |
| 1982 | $23.15 | -1.77% |
| 1983 | $23.57 | 1.81% |
| 1984 | $26.43 | 12.14% |
| 1985 | $25.50 | -3.53% |
| 1986 | $27.94 | 9.56% |
| 1987 | $27.89 | -0.15% |
| 1988 | $30.06 | 7.77% |
| 1989 | $33.10 | 10.10% |
| 1990 | $33.14 | 0.11% |
| 1991 | $32.85 | -0.85% |
| 1992 | $32.77 | -0.25% |
| 1993 | $34.18 | 4.28% |
| 1994 | $35.51 | 3.91% |
| 1995 | $35.61 | 0.29% |
| 1996 | $37.81 | 6.16% |
| 1997 | $38.39 | 1.53% |
| 1998 | $38.34 | -0.12% |
| 1999 | $38.23 | -0.28% |
| 2000 | $38.45 | 0.57% |
| 2001 | $39.78 | 3.46% |
| 2002 | $40.61 | 2.08% |
| 2003 | $41.47 | 2.11% |
| 2004 | $44.62 | 7.61% |
| 2005 | $45.59 | 2.17% |
| 2006 | $43.90 | -3.70% |
| 2007 | $46.43 | 5.75% |
| 2008 | $48.72 | 4.93% |
| 2009 | $49.19 | 0.98% |
| 2010 | $48.96 | -0.48% |
| 2011 | $49.33 | 0.76% |
| 2012 | $51.80 | 5.01% |
| 2013 | $54.37 | 4.95% |
| 2014 | $55.07 | 1.29% |
| 2015 | $55.03 | -0.07% |
| 2016 | $53.12 | -3.47% |
| 2017 | $53.89 | 1.45% |
| 2018 | $54.60 | 1.32% |
| 2019 | $54.45 | -0.28% |
| 2020 | $57.06 | 4.79% |
| 2021 | $60.50 | 6.03% |
| 2022 | $70.10 | 15.87% |
| 2023 | $70.54 | 0.63% |
| 2024 | $70.94 | 0.56%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh and frozen chicken parts:
| Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 2023 | 2024 |
| CPI | 74.400 | 82.008 | 86.408 | 91.731 | 96.654 | 94.938 | 96.654 | 108.385 | 104.554 | 114.554 | 114.377 | 123.269 | 135.715 | 135.869 | 134.708 | 134.377 | 140.131 | 145.615 | 146.031 | 155.031 | 157.408 | 157.215 | 156.769 | 157.662 | 163.115 | 166.508 | 170.023 | 182.954 | 186.931 | 180.023 | 190.371 | 199.765 | 201.717 | 200.742 | 202.272 | 212.405 | 222.919 | 225.804 | 225.646 | 217.811 | 220.979 | 223.894 | 223.269 | 233.970 | 248.068 | 287.443 | 289.251 | 290.883 |