According to the U.S. Bureau of Labor Statistics, prices for pork chops are 740.94% higher in 2024 versus 1947 (a $148.19 difference in value).
Between 1947 and 2024: Pork chops experienced an average inflation rate of 2.80% per year. This rate of change indicates significant inflation. In other words, pork chops costing $20 in the year 1947 would cost $168.19 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.49% during this same period, inflation for pork chops was lower.
In the year 1947: Pricing changed by 49%, which is significantly above the average yearly change for pork chops during the 1947-2024 time period. Compared to inflation for all items in 1947 (14.39%), inflation for pork chops was much higher.
Below are calculations of equivalent buying power for Pork chops, over time, for $20 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1947 | $20.00 | 49.00% |
1948 | $21.39 | 6.97% |
1949 | $20.57 | -3.84% |
1950 | $20.81 | 1.15% |
1951 | $21.93 | 5.36% |
1952 | $22.19 | 1.20% |
1953 | $23.40 | 5.48% |
1954 | $24.38 | 4.16% |
1955 | $22.42 | -8.05% |
1956 | $22.22 | -0.87% |
1957 | $24.59 | 10.66% |
1958 | $26.05 | 5.93% |
1959 | $24.23 | -6.97% |
1960 | $24.47 | 1.00% |
1961 | $25.09 | 2.52% |
1962 | $25.62 | 2.14% |
1963 | $25.14 | -1.91% |
1964 | $25.31 | 0.71% |
1965 | $28.01 | 10.66% |
1966 | $30.71 | 9.64% |
1967 | $28.99 | -5.60% |
1968 | $29.66 | 2.30% |
1969 | $32.36 | 9.10% |
1970 | $33.54 | 3.66% |
1971 | $31.11 | -7.25% |
1972 | $35.85 | 15.22% |
1973 | $44.84 | 25.07% |
1974 | $45.04 | 0.45% |
1975 | $53.19 | 18.10% |
1976 | $52.90 | -0.54% |
1977 | $51.97 | -1.76% |
1978 | $57.62 | 10.88% |
1979 | $59.52 | 3.29% |
1980 | $56.72 | -4.69% |
1981 | $62.25 | 9.75% |
1982 | $68.73 | 10.41% |
1983 | $68.15 | -0.85% |
1984 | $68.35 | 0.29% |
1985 | $67.49 | -1.25% |
1986 | $74.90 | 10.97% |
1987 | $82.40 | 10.03% |
1988 | $81.25 | -1.40% |
1989 | $83.91 | 3.28% |
1990 | $95.89 | 14.27% |
1991 | $96.91 | 1.06% |
1992 | $95.02 | -1.94% |
1993 | $98.92 | 4.10% |
1994 | $98.66 | -0.26% |
1995 | $98.66 | 0.00% ** |
1996 | $104.68 | 6.11% |
1997 | $106.19 | 1.44% |
1998 | $100.40 | -5.45% |
1999 | $98.18 | -2.21% |
2000 | $104.10 | 6.03% |
2001 | $108.78 | 4.49% |
2002 | $106.72 | -1.89% |
2003 | $110.05 | 3.12% |
2004 | $116.56 | 5.91% |
2005 | $116.39 | -0.14% |
2006 | $114.75 | -1.41% |
2007 | $116.40 | 1.43% |
2008 | $119.44 | 2.61% |
2009 | $115.16 | -3.58% |
2010 | $119.99 | 4.19% |
2011 | $128.74 | 7.29% |
2012 | $129.52 | 0.61% |
2013 | $128.42 | -0.85% |
2014 | $140.51 | 9.41% |
2015 | $134.99 | -3.93% |
2016 | $129.47 | -4.09% |
2017 | $125.65 | -2.95% |
2018 | $129.03 | 2.69% |
2019 | $129.47 | 0.34% |
2020 | $142.21 | 9.84% |
2021 | $151.52 | 6.54% |
2022 | $162.68 | 7.37% |
2023 | $162.69 | 0.01% |
2024 | $168.19 | 3.38%* |
* 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 Pork chops:
Year | 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 | 11.969 | 11.100 | 13.654 | 16.508 | 16.123 | 14.985 | 15.000 | 19.623 | 29.238 | 31.277 | 30.077 | 30.423 | 32.054 | 32.438 | 34.215 | 35.638 | 32.769 | 32.485 | 35.946 | 38.077 | 35.423 | 35.777 | 36.677 | 37.462 | 36.746 | 37.008 | 40.954 | 44.900 | 42.385 | 43.362 | 47.308 | 49.038 | 45.485 | 52.408 | 65.546 | 65.838 | 77.754 | 77.331 | 75.969 | 84.238 | 87.008 | 82.923 | 91.008 | 100.485 | 99.631 | 99.915 | 98.669 | 109.492 | 120.469 | 118.785 | 122.677 | 140.185 | 141.669 | 138.915 | 144.608 | 144.231 | 144.231 | 153.038 | 155.238 | 146.777 | 143.538 | 152.192 | 159.023 | 156.023 | 160.885 | 170.400 | 170.154 | 167.762 | 170.165 | 174.611 | 168.362 | 175.416 | 188.201 | 189.344 | 187.744 | 205.412 | 197.342 | 189.268 | 183.691 | 188.637 | 189.275 | 207.900 | 221.506 | 237.826 | 237.839 | 245.877 |