According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken are 352.60% higher in 2024 versus 1974 (a $70.52 difference in value).
Between 1974 and 2024: Fresh whole chicken experienced an average inflation rate of 3.07% per year. This rate of change indicates significant inflation. In other words, fresh whole chicken costing $20 in the year 1974 would cost $90.52 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.77% during this same period, inflation for fresh whole chicken was lower.
In the year 1974: Pricing changed by -6.25%, which is significantly below the average yearly change for fresh whole chicken during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), 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 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1974 | $20.00 | -6.25% |
1975 | $22.53 | 12.64% |
1976 | $21.27 | -5.57% |
1977 | $21.38 | 0.49% |
1978 | $23.70 | 10.85% |
1979 | $24.14 | 1.87% |
1980 | $26.12 | 8.22% |
1981 | $26.70 | 2.22% |
1982 | $26.22 | -1.83% |
1983 | $26.64 | 1.60% |
1984 | $30.15 | 13.19% |
1985 | $28.91 | -4.10% |
1986 | $31.93 | 10.45% |
1987 | $31.34 | -1.85% |
1988 | $34.60 | 10.41% |
1989 | $37.94 | 9.63% |
1990 | $37.34 | -1.59% |
1991 | $36.44 | -2.40% |
1992 | $36.49 | 0.13% |
1993 | $38.18 | 4.65% |
1994 | $38.76 | 1.51% |
1995 | $39.35 | 1.53% |
1996 | $42.21 | 7.27% |
1997 | $43.85 | 3.87% |
1998 | $44.15 | 0.70% |
1999 | $44.77 | 1.41% |
2000 | $45.07 | 0.65% |
2001 | $46.48 | 3.13% |
2002 | $46.79 | 0.66% |
2003 | $45.87 | -1.95% |
2004 | $50.46 | 10.00% |
2005 | $51.66 | 2.38% |
2006 | $50.92 | -1.43% |
2007 | $54.28 | 6.60% |
2008 | $57.51 | 5.95% |
2009 | $58.61 | 1.91% |
2010 | $58.40 | -0.36% |
2011 | $60.61 | 3.78% |
2012 | $63.49 | 4.75% |
2013 | $67.37 | 6.12% |
2014 | $69.73 | 3.50% |
2015 | $70.13 | 0.58% |
2016 | $69.01 | -1.60% |
2017 | $67.75 | -1.84% |
2018 | $68.74 | 1.48% |
2019 | $68.54 | -0.29% |
2020 | $72.11 | 5.21% |
2021 | $74.81 | 3.74% |
2022 | $84.82 | 13.38% |
2023 | $88.97 | 4.89% |
2024 | $90.52 | 1.74%* |
* 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 | 327.163 |