According to the U.S. Bureau of Labor Statistics, prices for fresh and frozen chicken parts are 52.80% higher in 2024 versus 2007 (a $10.56 difference in value).
Between 2007 and 2024: Fresh and frozen chicken parts experienced an average inflation rate of 2.53% per year. This rate of change indicates significant inflation. In other words, fresh and frozen chicken parts costing $20 in the year 2007 would cost $30.56 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation for fresh and frozen chicken parts was higher.
In the year 2007: Pricing changed by 5.75%, which is significantly above the average yearly change for fresh and frozen chicken parts during the 2007-2024 time period. Compared to inflation for all items in 2007 (2.85%), 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 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 | $20.99 | 4.93% |
2009 | $21.19 | 0.98% |
2010 | $21.09 | -0.48% |
2011 | $21.25 | 0.76% |
2012 | $22.31 | 5.01% |
2013 | $23.42 | 4.95% |
2014 | $23.72 | 1.29% |
2015 | $23.71 | -0.07% |
2016 | $22.88 | -3.47% |
2017 | $23.22 | 1.45% |
2018 | $23.52 | 1.32% |
2019 | $23.46 | -0.28% |
2020 | $24.58 | 4.79% |
2021 | $26.06 | 6.03% |
2022 | $30.20 | 15.87% |
2023 | $30.39 | 0.63% |
2024 | $30.56 | 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 |