According to the U.S. Bureau of Labor Statistics, prices for pork chops are 705.24% higher in 2024 versus 1950 (a $141.05 difference in value).
Between 1950 and 2024: Pork chops experienced an average inflation rate of 2.86% per year. This rate of change indicates significant inflation. In other words, pork chops costing $20 in the year 1950 would cost $161.05 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.53% during this same period, inflation for pork chops was lower.
In the year 1950: Pricing changed by 1.15%, which is below the average yearly change for pork chops during the 1950-2024 time period. Compared to inflation for all items in 1950 (1.10%), inflation for pork chops was higher.
Below are calculations of equivalent buying power for Pork chops, over time, for $20 beginning in 1950. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1950 | $20.00 | 1.15% |
| 1951 | $21.07 | 5.36% |
| 1952 | $21.32 | 1.20% |
| 1953 | $22.49 | 5.48% |
| 1954 | $23.43 | 4.16% |
| 1955 | $21.54 | -8.05% |
| 1956 | $21.36 | -0.87% |
| 1957 | $23.63 | 10.66% |
| 1958 | $25.03 | 5.93% |
| 1959 | $23.29 | -6.97% |
| 1960 | $23.52 | 1.00% |
| 1961 | $24.11 | 2.52% |
| 1962 | $24.63 | 2.14% |
| 1963 | $24.16 | -1.91% |
| 1964 | $24.33 | 0.71% |
| 1965 | $26.92 | 10.66% |
| 1966 | $29.52 | 9.64% |
| 1967 | $27.86 | -5.60% |
| 1968 | $28.51 | 2.30% |
| 1969 | $31.10 | 9.10% |
| 1970 | $32.24 | 3.66% |
| 1971 | $29.90 | -7.25% |
| 1972 | $34.45 | 15.22% |
| 1973 | $43.09 | 25.07% |
| 1974 | $43.28 | 0.45% |
| 1975 | $51.12 | 18.10% |
| 1976 | $50.84 | -0.54% |
| 1977 | $49.94 | -1.76% |
| 1978 | $55.38 | 10.88% |
| 1979 | $57.20 | 3.29% |
| 1980 | $54.51 | -4.69% |
| 1981 | $59.83 | 9.75% |
| 1982 | $66.06 | 10.41% |
| 1983 | $65.50 | -0.85% |
| 1984 | $65.68 | 0.29% |
| 1985 | $64.86 | -1.25% |
| 1986 | $71.98 | 10.97% |
| 1987 | $79.20 | 10.03% |
| 1988 | $78.09 | -1.40% |
| 1989 | $80.65 | 3.28% |
| 1990 | $92.16 | 14.27% |
| 1991 | $93.13 | 1.06% |
| 1992 | $91.32 | -1.94% |
| 1993 | $95.06 | 4.10% |
| 1994 | $94.82 | -0.26% |
| 1995 | $94.82 | 0.00% ** |
| 1996 | $100.61 | 6.11% |
| 1997 | $102.05 | 1.44% |
| 1998 | $96.49 | -5.45% |
| 1999 | $94.36 | -2.21% |
| 2000 | $100.05 | 6.03% |
| 2001 | $104.54 | 4.49% |
| 2002 | $102.57 | -1.89% |
| 2003 | $105.76 | 3.12% |
| 2004 | $112.02 | 5.91% |
| 2005 | $111.86 | -0.14% |
| 2006 | $110.29 | -1.41% |
| 2007 | $111.87 | 1.43% |
| 2008 | $114.79 | 2.61% |
| 2009 | $110.68 | -3.58% |
| 2010 | $115.32 | 4.19% |
| 2011 | $123.72 | 7.29% |
| 2012 | $124.47 | 0.61% |
| 2013 | $123.42 | -0.85% |
| 2014 | $135.04 | 9.41% |
| 2015 | $129.73 | -3.93% |
| 2016 | $124.42 | -4.09% |
| 2017 | $120.76 | -2.95% |
| 2018 | $124.01 | 2.69% |
| 2019 | $124.43 | 0.34% |
| 2020 | $136.67 | 9.84% |
| 2021 | $145.62 | 6.54% |
| 2022 | $156.35 | 7.37% |
| 2023 | $156.35 | 0.01% |
| 2024 | $161.05 | 3.00%* |
* 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 | 244.978 |