According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken are 457.59% higher in 2024 versus 1956 (a $91.52 difference in value).
Between 1956 and 2024: Fresh whole chicken experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, fresh whole chicken costing $20 in the year 1956 would cost $111.52 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.66% during this same period, inflation for fresh whole chicken was lower.
In the year 1956: Pricing changed by -12.34%, which is significantly below the average yearly change for fresh whole chicken during the 1956-2024 time period. Compared to inflation for all items in 1956 (1.52%), inflation for fresh whole chicken was much lower.
Below are calculations of equivalent buying power for Fresh whole chicken, over time, for $20 beginning in 1956. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1956 | $20.00 | -12.34% |
1957 | $19.52 | -2.42% |
1958 | $19.27 | -1.27% |
1959 | $17.56 | -8.85% |
1960 | $17.85 | 1.64% |
1961 | $16.13 | -9.66% |
1962 | $17.03 | 5.59% |
1963 | $16.78 | -1.48% |
1964 | $16.40 | -2.23% |
1965 | $16.95 | 3.35% |
1966 | $17.95 | 5.92% |
1967 | $16.60 | -7.56% |
1968 | $17.41 | 4.92% |
1969 | $18.43 | 5.82% |
1970 | $17.82 | -3.30% |
1971 | $18.02 | 1.12% |
1972 | $18.20 | 0.99% |
1973 | $26.25 | 44.27% |
1974 | $24.61 | -6.25% |
1975 | $27.72 | 12.64% |
1976 | $26.18 | -5.57% |
1977 | $26.31 | 0.49% |
1978 | $29.16 | 10.85% |
1979 | $29.71 | 1.87% |
1980 | $32.15 | 8.22% |
1981 | $32.86 | 2.22% |
1982 | $32.26 | -1.83% |
1983 | $32.78 | 1.60% |
1984 | $37.10 | 13.19% |
1985 | $35.58 | -4.10% |
1986 | $39.30 | 10.45% |
1987 | $38.57 | -1.85% |
1988 | $42.59 | 10.41% |
1989 | $46.69 | 9.63% |
1990 | $45.95 | -1.59% |
1991 | $44.84 | -2.40% |
1992 | $44.90 | 0.13% |
1993 | $46.99 | 4.65% |
1994 | $47.70 | 1.51% |
1995 | $48.43 | 1.53% |
1996 | $51.95 | 7.27% |
1997 | $53.96 | 3.87% |
1998 | $54.33 | 0.70% |
1999 | $55.10 | 1.41% |
2000 | $55.46 | 0.65% |
2001 | $57.19 | 3.13% |
2002 | $57.57 | 0.66% |
2003 | $56.45 | -1.95% |
2004 | $62.10 | 10.00% |
2005 | $63.57 | 2.38% |
2006 | $62.66 | -1.43% |
2007 | $66.80 | 6.60% |
2008 | $70.77 | 5.95% |
2009 | $72.12 | 1.91% |
2010 | $71.87 | -0.36% |
2011 | $74.58 | 3.78% |
2012 | $78.13 | 4.75% |
2013 | $82.91 | 6.12% |
2014 | $85.81 | 3.50% |
2015 | $86.31 | 0.58% |
2016 | $84.93 | -1.60% |
2017 | $83.37 | -1.84% |
2018 | $84.60 | 1.48% |
2019 | $84.35 | -0.29% |
2020 | $88.75 | 5.21% |
2021 | $92.06 | 3.74% |
2022 | $104.38 | 13.38% |
2023 | $109.49 | 4.89% |
2024 | $111.52 | 1.85%* |
* 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:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 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 | 36.223 | 38.331 | 39.808 | 39.685 | 35.585 | 35.969 | 38.723 | 46.538 | 55.408 | 57.277 | 58.592 | 65.977 | 69.500 | 77.069 | 72.669 | 69.531 | 72.862 | 73.131 | 71.308 | 64.392 | 67.008 | 58.738 | 57.315 | 56.585 | 51.577 | 52.423 | 47.362 | 50.008 | 49.269 | 48.169 | 49.785 | 52.731 | 48.746 | 51.146 | 54.123 | 52.338 | 52.923 | 53.446 | 77.108 | 72.285 | 81.423 | 76.885 | 77.262 | 85.646 | 87.246 | 94.415 | 96.515 | 94.754 | 96.269 | 108.969 | 104.500 | 115.415 | 113.277 | 125.069 | 137.115 | 134.938 | 131.700 | 131.869 | 138.000 | 140.085 | 142.223 | 152.562 | 158.469 | 159.577 | 161.823 | 162.877 | 167.977 | 169.092 | 165.792 | 182.369 | 186.708 | 184.031 | 196.176 | 207.853 | 211.823 | 211.065 | 219.049 | 229.451 | 243.490 | 252.024 | 253.483 | 249.434 | 244.847 | 248.459 | 247.733 | 260.639 | 270.383 | 306.568 | 321.563 | 327.519 |