Fresh whole chicken priced at $20 in 1979 $74.66 in 2024

Fresh Whole Chicken Inflation Calculator

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Prices for Fresh Whole Chicken, 1979-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken are 273.29% higher in 2024 versus 1979 (a $54.66 difference in value).

Between 1979 and 2024: Fresh whole chicken experienced an average inflation rate of 2.97% per year. This rate of change indicates significant inflation. In other words, fresh whole chicken costing $20 in the year 1979 would cost $74.66 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.29% during this same period, inflation for fresh whole chicken was lower.

In the year 1979: Pricing changed by 1.87%, which is below the average yearly change for fresh whole chicken during the 1979-2024 time period. Compared to inflation for all items in 1979 (11.26%), inflation for fresh whole chicken was much lower.

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 1979

Below are calculations of equivalent buying power for Fresh whole chicken, over time, for $20 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$20.001.87%
1980$21.648.22%
1981$22.122.22%
1982$21.72-1.83%
1983$22.071.60%
1984$24.9813.19%
1985$23.96-4.10%
1986$26.4610.45%
1987$25.97-1.85%
1988$28.6710.41%
1989$31.439.63%
1990$30.93-1.59%
1991$30.19-2.40%
1992$30.230.13%
1993$31.634.65%
1994$32.111.51%
1995$32.601.53%
1996$34.977.27%
1997$36.333.87%
1998$36.580.70%
1999$37.101.41%
2000$37.340.65%
2001$38.513.13%
2002$38.760.66%
2003$38.01-1.95%
2004$41.8110.00%
2005$42.802.38%
2006$42.19-1.43%
2007$44.976.60%
2008$47.655.95%
2009$48.561.91%
2010$48.38-0.36%
2011$50.213.78%
2012$52.604.75%
2013$55.826.12%
2014$57.773.50%
2015$58.110.58%
2016$57.18-1.60%
2017$56.13-1.84%
2018$56.961.48%
2019$56.79-0.29%
2020$59.755.21%
2021$61.983.74%
2022$70.2813.38%
2023$73.714.89%
2024$74.661.28%*

* 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:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI36.22338.33139.80839.68535.58535.96938.72346.53855.40857.27758.59265.97769.50077.06972.66969.53172.86273.13171.30864.39267.00858.73857.31556.58551.57752.42347.36250.00849.26948.16949.78552.73148.74651.14654.12352.33852.92353.44677.10872.28581.42376.88577.26285.64687.24694.41596.51594.75496.269108.969104.500115.415113.277125.069137.115134.938131.700131.869138.000140.085142.223152.562158.469159.577161.823162.877167.977169.092165.792182.369186.708184.031196.176207.853211.823211.065219.049229.451243.490252.024253.483249.434244.847248.459247.733260.639270.383306.568321.563325.678

Adjust fresh whole chicken prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1979 * 1979 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Fresh whole chicken was 87.246 in the year 1979 and 325.678 in 2024:

325.678 / 87.246 * $20 = $74.66

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1979 has the same "purchasing power" as $74.66 in 2024 (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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