Lamb and organ meats price inflation, 1992→2017

Lamb And Organ Meats Inflation Calculator

Prices for Lamb And Organ Meats, 1992-2017 ($20)

According to the U.S. Bureau of Labor Statistics, prices for lamb and organ meats are 144.03% higher in 2017 versus 1992 (a $28.81 difference in value).

Between 1992 and 2017:Lamb and organ meats experienced an average inflation rate of 3.63% per year. This rate of change indicates significant inflation. In other words, lamb and organ meats costing $20 in the year 1992 would cost $48.81 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.26% during this same period, inflation for lamb and organ meats was higher.

In the year 1992: Pricing changed by 1.74%, which is below the average yearly change for lamb and organ meats during the 1992-2017 time period. Compared to inflation for all items in 1992 (3.03%), inflation for lamb and organ meats was lower.

Price Inflation for Lamb and organ meats since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1979 (18.17%), 2011 (15.39%), and 1978 (13.89%).

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Buying power of $20.00 since 1992

Below are calculations of equivalent buying power for Lamb and organ meats, over time, for $20 beginning in 1992. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1992	$20.00	1.74%
1993	$20.93	4.65%
1994	$21.47	2.59%
1995	$22.35	4.07%
1996	$23.70	6.06%
1997	$24.60	3.81%
1998	$25.16	2.27%
1999	$24.66	-2.01%
2000	$25.73	4.35%
2001	$26.47	2.87%
2002	$28.81	8.86%
2003	$30.28	5.09%
2004	$31.11	2.75%
2005	$32.38	4.07%
2006	$34.37	6.15%
2007	$33.77	-1.73%
2008	$38.22	13.17%
2009	$38.59	0.97%
2010	$42.18	9.31%
2011	$48.67	15.39%
2012	$48.23	-0.91%
2013	$46.82	-2.93%
2014	$48.21	2.98%
2015	$50.24	4.20%
2016	$50.24	-0.01%
2017	$48.81	-2.85%*

* 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 Lamb and organ meats:

Year	1977	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017
CPI	72.300	82.342	97.300	102.467	104.433	101.092	98.733	100.158	101.442	103.633	110.825	115.558	119.625	125.508	129.125	131.367	137.475	141.042	146.783	155.675	161.600	165.267	161.950	168.992	173.842	189.250	198.875	204.342	212.658	225.731	221.835	251.049	253.482	277.069	319.703	316.804	307.526	316.680	329.991	329.970	320.579

Adjust lamb and organ meats prices for inflation

Start with the inflation rate formula:

CPI in 2017 / CPI in 1992* 1992 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Lamb and organ meats was 131.367 in the year 1992 and 320.579 in 2017:

320.579 / 131.367* $20 = $48.81

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1992 has the same "purchasing power" as $48.81 in 2017 (in the CPI category of Lamb and organ meats).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Lamb and organ meats in 1977. In addition to lamb and organ meats, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.