Pork chops priced at $20 in 1963 $133.34 in 2024

Pork Chops Inflation Calculator

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Prices for Pork Chops, 1963-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for pork chops are 566.68% higher in 2024 versus 1963 (a $113.34 difference in value).

Between 1963 and 2024: Pork chops experienced an average inflation rate of 3.16% per year. This rate of change indicates significant inflation. In other words, pork chops costing $20 in the year 1963 would cost $133.34 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.89% during this same period, inflation for pork chops was lower.

In the year 1963: Pricing changed by -1.91%, which is significantly below the average yearly change for pork chops during the 1963-2024 time period. Compared to inflation for all items in 1963 (1.25%), inflation for pork chops was much lower.

Price Inflation for Pork chops since 1939

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (49%), 1946 (30.82%), and 1973 (25.07%).

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Buying power of $20.00 since 1963

Below are calculations of equivalent buying power for Pork chops, over time, for $20 beginning in 1963. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1963$20.00-1.91%
1964$20.140.71%
1965$22.2910.66%
1966$24.449.64%
1967$23.07-5.60%
1968$23.602.30%
1969$25.759.10%
1970$26.693.66%
1971$24.76-7.25%
1972$28.5215.22%
1973$35.6825.07%
1974$35.830.45%
1975$42.3218.10%
1976$42.09-0.54%
1977$41.35-1.76%
1978$45.8510.88%
1979$47.363.29%
1980$45.13-4.69%
1981$49.539.75%
1982$54.6910.41%
1983$54.23-0.85%
1984$54.380.29%
1985$53.70-1.25%
1986$59.5910.97%
1987$65.5710.03%
1988$64.65-1.40%
1989$66.773.28%
1990$76.3014.27%
1991$77.111.06%
1992$75.61-1.94%
1993$78.714.10%
1994$78.50-0.26%
1995$78.500.00% **
1996$83.296.11%
1997$84.491.44%
1998$79.89-5.45%
1999$78.12-2.21%
2000$82.836.03%
2001$86.554.49%
2002$84.92-1.89%
2003$87.573.12%
2004$92.745.91%
2005$92.61-0.14%
2006$91.31-1.41%
2007$92.621.43%
2008$95.042.61%
2009$91.63-3.58%
2010$95.474.19%
2011$102.437.29%
2012$103.060.61%
2013$102.18-0.85%
2014$111.809.41%
2015$107.41-3.93%
2016$103.01-4.09%
2017$99.98-2.95%
2018$102.672.69%
2019$103.020.34%
2020$113.159.84%
2021$120.566.54%
2022$129.447.37%
2023$129.450.01%
2024$133.343.00%*

* 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:

Year19391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI11.96911.10013.65416.50816.12314.98515.00019.62329.23831.27730.07730.42332.05432.43834.21535.63832.76932.48535.94638.07735.42335.77736.67737.46236.74637.00840.95444.90042.38543.36247.30849.03845.48552.40865.54665.83877.75477.33175.96984.23887.00882.92391.008100.48599.63199.91598.669109.492120.469118.785122.677140.185141.669138.915144.608144.231144.231153.038155.238146.777143.538152.192159.023156.023160.885170.400170.154167.762170.165174.611168.362175.416188.201189.344187.744205.412197.342189.268183.691188.637189.275207.900221.506237.826237.839244.978

Adjust pork chops prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1963 * 1963 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Pork chops was 36.746 in the year 1963 and 244.978 in 2024:

244.978 / 36.746 * $20 = $133.34

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1963 has the same "purchasing power" as $133.34 in 2024 (in the CPI category of Pork chops).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Pork chops in 1939. In addition to pork chops, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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