Pork chops priced at $20 in 1987 $40.67 in 2024

Pork Chops Inflation Calculator

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Prices for Pork Chops, 1987-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for pork chops are 103.35% higher in 2024 versus 1987 (a $20.67 difference in value).

Between 1987 and 2024: Pork chops experienced an average inflation rate of 1.94% per year. In other words, pork chops costing $20 in the year 1987 would cost $40.67 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation for pork chops was lower.

In the year 1987: Pricing changed by 10.03%, which is significantly above the average yearly change for pork chops during the 1987-2024 time period. Compared to inflation for all items in 1987 (3.66%), inflation for pork chops was much higher.

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%).

View price changes for other categories
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Buying power of $20.00 since 1987

Below are calculations of equivalent buying power for Pork chops, over time, for $20 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$20.0010.03%
1988$19.72-1.40%
1989$20.373.28%
1990$23.2714.27%
1991$23.521.06%
1992$23.06-1.94%
1993$24.014.10%
1994$23.94-0.26%
1995$23.940.00% **
1996$25.416.11%
1997$25.771.44%
1998$24.37-5.45%
1999$23.83-2.21%
2000$25.276.03%
2001$26.404.49%
2002$25.90-1.89%
2003$26.713.12%
2004$28.295.91%
2005$28.25-0.14%
2006$27.85-1.41%
2007$28.251.43%
2008$28.992.61%
2009$27.95-3.58%
2010$29.124.19%
2011$31.247.29%
2012$31.430.61%
2013$31.17-0.85%
2014$34.109.41%
2015$32.76-3.93%
2016$31.42-4.09%
2017$30.50-2.95%
2018$31.322.69%
2019$31.420.34%
2020$34.529.84%
2021$36.776.54%
2022$39.487.37%
2023$39.490.01%
2024$40.673.00%*

* 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 1987 * 1987 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Pork chops was 120.469 in the year 1987 and 244.978 in 2024:

244.978 / 120.469 * $20 = $40.67

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1987 has the same "purchasing power" as $40.67 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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