Fresh whole chicken priced at $20 in 2001 $31.11 in 2020

Fresh Whole Chicken Inflation Calculator

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Prices for Fresh Whole Chicken, 2001-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken were 55.55% higher in 2020 versus 2001 (a $11.11 difference in value).

Between 2001 and 2020: Fresh whole chicken experienced an average inflation rate of 2.35% per year. This rate of change indicates significant inflation. In other words, fresh whole chicken costing $20 in the year 2001 would cost $31.11 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.00% during this same period, inflation for fresh whole chicken was higher.

In the year 2001: Pricing changed by 3.13%, which is above the average yearly change for fresh whole chicken during the 2001-2020 time period. Compared to inflation for all items in 2001 (2.83%), inflation for fresh whole chicken was higher.

Price Inflation for Fresh whole chicken since 1994

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2004 (10%), 1996 (7.27%), and 2007 (6.60%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh whole chicken:

Year 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
CPI 140.083 142.225 152.558 158.467 159.575 161.825 162.875 167.975 169.092 165.792 182.367 186.708 184.033 196.176 207.853 211.823 211.065 219.049 229.451 243.490 252.024 253.482 249.434 244.847 248.459 247.733 261.279

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Buying power of $20 since 2001

Below are calculations of equivalent buying power for Fresh whole chicken, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2001 $20.00 3.13%
2002 $20.13 0.66%
2003 $19.74 -1.95%
2004 $21.71 10.00%
2005 $22.23 2.38%
2006 $21.91 -1.43%
2007 $23.36 6.60%
2008 $24.75 5.95%
2009 $25.22 1.91%
2010 $25.13 -0.36%
2011 $26.08 3.78%
2012 $27.32 4.75%
2013 $28.99 6.12%
2014 $30.01 3.51%
2015 $30.18 0.58%
2016 $29.70 -1.60%
2017 $29.15 -1.84%
2018 $29.58 1.48%
2019 $29.50 -0.29%
2020 $31.11 5.47%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for fresh whole chicken, 2001-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2001 * 2001 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Fresh whole chicken was 167.975 in the year 2001 and 261.279 in 2020:

261.279 / 167.975 * $20 = $31.11

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $31.11 in 2020 (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 1994. 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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