Fresh whole chicken priced at $20 in 2021 $23.71 in 2023

Fresh Whole Chicken Inflation Calculator


Prices for Fresh Whole Chicken, 2021-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken are 18.53% higher in 2023 versus 2021 (a $3.71 difference in value).

Between 2021 and 2023: Fresh whole chicken experienced an average inflation rate of 8.87% per year. This rate of change indicates significant inflation. In other words, fresh whole chicken costing $20 in the year 2021 would cost $23.71 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 5.97% during this same period, inflation for fresh whole chicken was higher.

In the year 2021: Pricing changed by 3.74%, which is significantly below the average yearly change for fresh whole chicken during the 2021-2023 time period. Compared to inflation for all items in 2021 (4.70%), 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 2021

Below are calculations of equivalent buying power for Fresh whole chicken, over time, for $20 beginning in 2021. 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 2023 / CPI in 2021 * 2021 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Fresh whole chicken was 270.383 in the year 2021 and 320.476 in 2023:

320.476 / 270.383 * $20 = $23.71

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $23.71 in 2023 (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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