Meats priced at $20 in 2004 $29.93 in 2020

Meats Inflation Calculator

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Prices for Meats, 2004-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for meats were 49.67% higher in 2020 versus 2004 (a $9.93 difference in value).

Between 2004 and 2020: Meats experienced an average inflation rate of 2.55% per year. This rate of change indicates significant inflation. In other words, meats costing $20 in the year 2004 would cost $29.93 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.99% during this same period, inflation for meats was higher.

In the year 2004: Pricing changed by 8.41%, which is significantly above the average yearly change for meats during the 2004-2020 time period. Compared to inflation for all items in 2004 (2.68%), inflation for meats was much higher.

Price Inflation for Meats since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (42.39%), 1946 (27.77%), and 1973 (24.65%).

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Buying power of $20.00 since 2004

Below are calculations of equivalent buying power for Meats, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2004$20.008.41%
2005$20.472.37%
2006$20.610.68%
2007$21.293.26%
2008$22.033.50%
2009$21.89-0.63%
2010$22.522.84%
2011$24.508.83%
2012$25.333.36%
2013$25.631.21%
2014$28.009.24%
2015$28.853.03%
2016$27.57-4.43%
2017$27.41-0.58%
2018$27.520.41%
2019$27.881.30%
2020$29.937.38%
2021$32.237.66%
2022$34.878.21%*

* 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:

Year1935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI12.45412.19213.16212.08511.95411.66913.17715.16215.35414.60014.60018.65426.56230.16928.36229.93133.90033.57731.35431.20828.70827.78530.82334.30033.07732.48532.90033.54633.00032.52334.97738.23837.23138.08541.52343.78543.48548.12359.98561.13166.24666.36964.90877.01590.10092.66296.023100.65499.50899.83898.885101.992109.646112.185116.700128.454132.538130.654134.631135.354135.469140.154144.362141.631142.323150.723159.300160.269168.985183.192187.538188.823194.983201.815200.545206.232224.439231.981234.778256.469264.232252.521251.048252.076255.341274.178295.191319.428

Adjust meats prices for inflation

Start with the inflation rate formula:

CPI in 2020 / CPI in 2004 * 2004 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Meats was 183.192 in the year 2004 and 274.178 in 2020:

274.178 / 183.192 * $20 = $29.93

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2004 has the same "purchasing power" as $29.93 in 2020 (in the CPI category of Meats).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Meats in 1935. In addition to meats, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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