Fresh whole chicken priced at $20 in 2016 $24.41 in 2022

Fresh Whole Chicken Inflation Calculator


Prices for Fresh Whole Chicken, 2016-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken are 22.07% higher in 2022 versus 2016 (a $4.41 difference in value).

Between 2016 and 2022: Fresh whole chicken experienced an average inflation rate of 3.38% per year. This rate of change indicates significant inflation. In other words, fresh whole chicken costing $20 in the year 2016 would cost $24.41 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.31% during this same period, inflation for fresh whole chicken was higher.

In the year 2016: Pricing changed by -1.60%, which is significantly below the average yearly change for fresh whole chicken during the 2016-2022 time period. Compared to inflation for all items in 2016 (1.26%), inflation for fresh whole chicken was 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%).

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Buying power of $20.00 since 2016

Below are calculations of equivalent buying power for Fresh whole chicken, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust fresh whole chicken prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2016 * 2016 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Fresh whole chicken was 249.434 in the year 2016 and 304.476 in 2022:

304.476 / 249.434 * $20 = $24.41

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $24.41 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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