Fresh whole chicken priced at $20 in 1948 $79.56 in 2022

Fresh Whole Chicken Inflation Calculator

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Prices for Fresh Whole Chicken, 1948-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken are 297.78% higher in 2022 versus 1948 (a $59.56 difference in value).

Between 1948 and 2022: Fresh whole chicken experienced an average inflation rate of 1.88% per year. In other words, fresh whole chicken costing $20 in the year 1948 would cost $79.56 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.43% during this same period, inflation for fresh whole chicken was lower.

In the year 1948: Pricing changed by 10.89%, which is significantly above the average yearly change for fresh whole chicken during the 1948-2022 time period. Compared to inflation for all items in 1948 (7.72%), inflation for fresh whole chicken was much higher.

Price Inflation for Fresh whole chicken since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1973 (44.27%), 1942 (20.18%), and 1943 (19.06%).

View price changes for other categories
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Buying power of $20.00 since 1948

Below are calculations of equivalent buying power for Fresh whole chicken, over time, for $20 beginning in 1948. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1948$20.0010.89%
1949$18.86-5.71%
1950$18.04-4.32%
1951$18.914.79%
1952$18.980.37%
1953$18.50-2.49%
1954$16.71-9.70%
1955$17.394.06%
1956$15.24-12.34%
1957$14.87-2.42%
1958$14.68-1.27%
1959$13.38-8.85%
1960$13.601.64%
1961$12.29-9.66%
1962$12.985.59%
1963$12.79-1.48%
1964$12.50-2.23%
1965$12.923.35%
1966$13.685.92%
1967$12.65-7.56%
1968$13.274.92%
1969$14.055.82%
1970$13.58-3.30%
1971$13.731.12%
1972$13.870.99%
1973$20.0144.27%
1974$18.76-6.25%
1975$21.1312.64%
1976$19.95-5.57%
1977$20.050.49%
1978$22.2310.85%
1979$22.641.87%
1980$24.508.22%
1981$25.052.22%
1982$24.59-1.83%
1983$24.981.60%
1984$28.2813.19%
1985$27.12-4.10%
1986$29.9510.45%
1987$29.40-1.85%
1988$32.4610.41%
1989$35.589.63%
1990$35.02-1.59%
1991$34.18-2.40%
1992$34.220.13%
1993$35.814.65%
1994$36.351.51%
1995$36.911.53%
1996$39.597.27%
1997$41.123.87%
1998$41.410.70%
1999$41.991.41%
2000$42.270.65%
2001$43.593.13%
2002$43.880.66%
2003$43.02-1.95%
2004$47.3310.00%
2005$48.452.38%
2006$47.76-1.43%
2007$50.916.60%
2008$53.945.95%
2009$54.971.91%
2010$54.77-0.36%
2011$56.843.78%
2012$59.544.75%
2013$63.196.12%
2014$65.403.50%
2015$65.780.58%
2016$64.73-1.60%
2017$63.54-1.84%
2018$64.481.48%
2019$64.29-0.29%
2020$67.645.21%
2021$70.173.74%
2022$79.5613.38%*

* 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 whole chicken:

Year1935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI36.22338.33139.80839.68535.58535.96938.72346.53855.40857.27758.59265.97769.50077.06972.66969.53172.86273.13171.30864.39267.00858.73857.31556.58551.57752.42347.36250.00849.26948.16949.78552.73148.74651.14654.12352.33852.92353.44677.10872.28581.42376.88577.26285.64687.24694.41596.51594.75496.269108.969104.500115.415113.277125.069137.115134.938131.700131.869138.000140.085142.223152.562158.469159.577161.823162.877167.977169.092165.792182.369186.708184.031196.176207.853211.823211.065219.049229.451243.490252.024253.483249.434244.847248.459247.733260.639270.383306.568

Adjust fresh whole chicken prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1948 * 1948 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Fresh whole chicken was 77.069 in the year 1948 and 306.568 in 2022:

306.568 / 77.069 * $20 = $79.56

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1948 has the same "purchasing power" as $79.56 in 2022 (in the CPI category of Fresh whole chicken).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fresh whole chicken in 1935. In addition to fresh whole chicken, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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