Fresh whole chicken price history from 2017 through 2020

Fresh Whole Chicken Inflation Calculator

Prices for Fresh Whole Chicken, 2017-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken were 6.57% higher in 2020 versus 2017 (a $1.31 difference in value).

Between 2017 and 2020: Fresh whole chicken experienced an average inflation rate of 2.14% per year. This rate of change indicates significant inflation. In other words, fresh whole chicken costing $20 in the year 2017 would cost $21.31 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.76% during this same period, inflation for fresh whole chicken was higher.

In the year 2017: Pricing changed by -1.84%, which is significantly below the average yearly change for fresh whole chicken during the 2017-2020 time period. Compared to inflation for all items in 2017 (2.13%), inflation for fresh whole chicken was much lower.

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	260.943

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Buying power of $20 since 2017

Below are calculations of equivalent buying power for Fresh whole chicken, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2017	$20.00	-1.84%
2018	$20.30	1.48%
2019	$20.24	-0.29%
2020	$21.31	5.33%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for fresh whole chicken, 2017-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2017 * 2017 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Fresh whole chicken was 244.847 in the year 2017 and 260.943 in 2020:

260.943 / 244.847 * $20 = $21.31

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2017 has the same "purchasing power" as $21.31 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.