According to the U.S. Bureau of Labor Statistics, prices for fresh and frozen chicken parts are 135.16% higher in 2024 versus 1988 (a $27.03 difference in value).
Between 1988 and 2024: Fresh and frozen chicken parts experienced an average inflation rate of 2.40% per year. This rate of change indicates significant inflation. In other words, fresh and frozen chicken parts costing $20 in the year 1988 would cost $47.03 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for fresh and frozen chicken parts was lower.
In the year 1988: Pricing changed by 7.77%, which is significantly above the average yearly change for fresh and frozen chicken parts during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation for fresh and frozen chicken parts was much higher.
Below are calculations of equivalent buying power for Fresh and frozen chicken parts, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1988 | $20.00 | 7.77% |
1989 | $22.02 | 10.10% |
1990 | $22.04 | 0.11% |
1991 | $21.86 | -0.85% |
1992 | $21.80 | -0.25% |
1993 | $22.74 | 4.28% |
1994 | $23.63 | 3.91% |
1995 | $23.69 | 0.29% |
1996 | $25.15 | 6.16% |
1997 | $25.54 | 1.53% |
1998 | $25.51 | -0.12% |
1999 | $25.44 | -0.28% |
2000 | $25.58 | 0.57% |
2001 | $26.46 | 3.46% |
2002 | $27.02 | 2.08% |
2003 | $27.59 | 2.11% |
2004 | $29.68 | 7.61% |
2005 | $30.33 | 2.17% |
2006 | $29.21 | -3.70% |
2007 | $30.89 | 5.75% |
2008 | $32.41 | 4.93% |
2009 | $32.73 | 0.98% |
2010 | $32.57 | -0.48% |
2011 | $32.82 | 0.76% |
2012 | $34.46 | 5.01% |
2013 | $36.17 | 4.95% |
2014 | $36.64 | 1.29% |
2015 | $36.61 | -0.07% |
2016 | $35.34 | -3.47% |
2017 | $35.85 | 1.45% |
2018 | $36.33 | 1.32% |
2019 | $36.22 | -0.28% |
2020 | $37.96 | 4.79% |
2021 | $40.25 | 6.03% |
2022 | $46.64 | 15.87% |
2023 | $46.93 | 0.63% |
2024 | $47.03 | 0.22%* |
* 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 | 289.882 |