According to the U.S. Bureau of Labor Statistics, prices for meats are 2,105.74% higher in 2024 versus 1942 (a $421.15 difference in value).
Between 1942 and 2024: Meats experienced an average inflation rate of 3.84% per year. This rate of change indicates significant inflation. In other words, meats costing $20 in the year 1942 would cost $441.15 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.67% during this same period, inflation for meats was higher.
In the year 1942: Pricing changed by 15.06%, which is significantly above the average yearly change for meats during the 1942-2024 time period. Compared to inflation for all items in 1942 (10.92%), inflation for meats was much higher.
Below are calculations of equivalent buying power for Meats, over time, for $20 beginning in 1942. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1942 | $20.00 | 15.06% |
1943 | $20.25 | 1.27% |
1944 | $19.26 | -4.91% |
1945 | $19.26 | 0.00% ** |
1946 | $24.61 | 27.77% |
1947 | $35.04 | 42.39% |
1948 | $39.80 | 13.58% |
1949 | $37.41 | -5.99% |
1950 | $39.48 | 5.53% |
1951 | $44.72 | 13.26% |
1952 | $44.29 | -0.95% |
1953 | $41.36 | -6.62% |
1954 | $41.17 | -0.47% |
1955 | $37.87 | -8.01% |
1956 | $36.65 | -3.22% |
1957 | $40.66 | 10.94% |
1958 | $45.25 | 11.28% |
1959 | $43.63 | -3.57% |
1960 | $42.85 | -1.79% |
1961 | $43.40 | 1.28% |
1962 | $44.25 | 1.96% |
1963 | $43.53 | -1.63% |
1964 | $42.90 | -1.45% |
1965 | $46.14 | 7.54% |
1966 | $50.44 | 9.32% |
1967 | $49.11 | -2.64% |
1968 | $50.24 | 2.29% |
1969 | $54.77 | 9.03% |
1970 | $57.76 | 5.45% |
1971 | $57.36 | -0.69% |
1972 | $63.48 | 10.67% |
1973 | $79.13 | 24.65% |
1974 | $80.64 | 1.91% |
1975 | $87.39 | 8.37% |
1976 | $87.55 | 0.19% |
1977 | $85.62 | -2.20% |
1978 | $101.59 | 18.65% |
1979 | $118.85 | 16.99% |
1980 | $122.23 | 2.84% |
1981 | $126.67 | 3.63% |
1982 | $132.78 | 4.82% |
1983 | $131.26 | -1.14% |
1984 | $131.70 | 0.33% |
1985 | $130.44 | -0.96% |
1986 | $134.54 | 3.14% |
1987 | $144.64 | 7.50% |
1988 | $147.99 | 2.32% |
1989 | $153.94 | 4.02% |
1990 | $169.45 | 10.07% |
1991 | $174.84 | 3.18% |
1992 | $172.35 | -1.42% |
1993 | $177.60 | 3.04% |
1994 | $178.55 | 0.54% |
1995 | $178.70 | 0.09% |
1996 | $184.88 | 3.46% |
1997 | $190.43 | 3.00% |
1998 | $186.83 | -1.89% |
1999 | $187.74 | 0.49% |
2000 | $198.82 | 5.90% |
2001 | $210.14 | 5.69% |
2002 | $211.42 | 0.61% |
2003 | $222.91 | 5.44% |
2004 | $241.65 | 8.41% |
2005 | $247.39 | 2.37% |
2006 | $249.08 | 0.68% |
2007 | $257.21 | 3.26% |
2008 | $266.22 | 3.50% |
2009 | $264.54 | -0.63% |
2010 | $272.05 | 2.84% |
2011 | $296.06 | 8.83% |
2012 | $306.01 | 3.36% |
2013 | $309.70 | 1.21% |
2014 | $338.32 | 9.24% |
2015 | $348.56 | 3.03% |
2016 | $333.11 | -4.43% |
2017 | $331.16 | -0.58% |
2018 | $332.52 | 0.41% |
2019 | $336.83 | 1.30% |
2020 | $361.68 | 7.38% |
2021 | $389.39 | 7.66% |
2022 | $421.33 | 8.20% |
2023 | $430.04 | 2.07% |
2024 | $441.15 | 2.58%* |
* 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 Meats:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 12.454 | 12.192 | 13.162 | 12.085 | 11.954 | 11.669 | 13.177 | 15.162 | 15.354 | 14.600 | 14.600 | 18.654 | 26.562 | 30.169 | 28.362 | 29.931 | 33.900 | 33.577 | 31.354 | 31.208 | 28.708 | 27.785 | 30.823 | 34.300 | 33.077 | 32.485 | 32.900 | 33.546 | 33.000 | 32.523 | 34.977 | 38.238 | 37.231 | 38.085 | 41.523 | 43.785 | 43.485 | 48.123 | 59.985 | 61.131 | 66.246 | 66.369 | 64.908 | 77.015 | 90.100 | 92.662 | 96.023 | 100.654 | 99.508 | 99.838 | 98.885 | 101.992 | 109.646 | 112.185 | 116.700 | 128.454 | 132.538 | 130.654 | 134.631 | 135.354 | 135.469 | 140.154 | 144.362 | 141.631 | 142.323 | 150.723 | 159.300 | 160.269 | 168.985 | 183.192 | 187.538 | 188.823 | 194.983 | 201.815 | 200.545 | 206.232 | 224.439 | 231.981 | 234.778 | 256.469 | 264.232 | 252.521 | 251.048 | 252.076 | 255.341 | 274.178 | 295.191 | 319.398 | 326.000 | 334.424 |