Poultry price inflation, 1948→2024

Poultry Inflation Calculator

Prices for Poultry, 1948-2024 ($2.38)

According to the U.S. Bureau of Labor Statistics, prices for poultry are 296.52% higher in 2024 versus 1948 (a $7.06 difference in value).

The current national average price is $2.38 for "Chicken breast, bone-in, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.

Between 1948 and 2024: Poultry experienced an average inflation rate of 1.83% per year. In other words, poultry costing $2.38 in the year 1948 would cost $9.44 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for poultry was lower.

In the year 1948: Pricing changed by 10.88%, which is significantly above the average yearly change for poultry during the 1948-2024 time period. Compared to inflation for all items in 1948 (7.72%), inflation for poultry was much higher.

Price Inflation for Poultry since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1973 (40.25%), 1942 (20.12%), and 1943 (19.11%).

Price history

The average price for Poultry is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Chicken breast, bone-in, per lb. (453.6 gm):

Year	Average price (Poultry)	Inflation adjusted price (2024 dollars)
2011	$2.28	$2.28
2010	$2.30	$2.37
2009	$2.33	$2.39
2008	$2.36	$2.46
2007	$2.28	$2.50
2006	$2.13	$2.45
2005	$2.26	$2.56
2004	$2.26	$2.61
2003	$2.26	$2.81
2002	$2.21	$2.78
2001	$2.08	$2.65
2000	$2.09	$2.75
1999	$2.08	$2.76
1998	$2.06	$2.75
1997	$2.04	$2.73
1996	$2.03	$2.80
1995	$1.98	$2.90
1994	$2.06	$3.06
1993	$2.08	$3.19
1992	$2.04	$3.25
1991	$2.06	$3.29
1990	$2.07	$3.28
1989	$2.09	$3.31
1988	$1.93	$3.36
1987	$1.80	$3.36
1986	$1.85	$3.40
1985	$1.66	$3.28
1984	$1.70	$3.33
1983	$1.52	$3.28
1982	$1.48	$3.25
1981	$1.49	$3.20
1980	$1.37	$3.07

View price changes for other categories
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Buying power of $2.38 since 1948

Below are calculations of equivalent buying power for Poultry, over time, for $2.38 beginning in 1948. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1948	$2.38	10.88%
1949	$2.24	-5.71%
1950	$2.15	-4.29%
1951	$2.25	4.81%
1952	$2.26	0.36%
1953	$2.20	-2.48%
1954	$1.99	-9.76%
1955	$2.07	4.13%
1956	$1.81	-12.38%
1957	$1.77	-2.41%
1958	$1.75	-1.25%
1959	$1.59	-8.85%
1960	$1.62	1.62%
1961	$1.46	-9.69%
1962	$1.54	5.65%
1963	$1.52	-1.47%
1964	$1.49	-2.21%
1965	$1.53	3.06%
1966	$1.62	5.42%
1967	$1.51	-6.36%
1968	$1.56	3.13%
1969	$1.65	5.64%
1970	$1.64	-0.47%
1971	$1.65	0.58%
1972	$1.67	1.26%
1973	$2.35	40.25%
1974	$2.22	-5.14%
1975	$2.46	10.53%
1976	$2.36	-4.07%
1977	$2.37	0.63%
1978	$2.62	10.32%
1979	$2.75	4.98%
1980	$2.89	5.11%
1981	$3.01	4.10%
1982	$2.96	-1.75%
1983	$2.99	1.21%
1984	$3.31	10.65%
1985	$3.28	-0.98%
1986	$3.53	7.57%
1987	$3.47	-1.47%
1988	$3.72	7.22%
1989	$4.09	9.91%
1990	$4.09	-0.14%
1991	$4.06	-0.76%
1992	$4.05	-0.05%
1993	$4.22	4.20%
1994	$4.37	3.36%
1995	$4.43	1.36%
1996	$4.70	6.24%
1997	$4.83	2.76%
1998	$4.85	0.32%
1999	$4.87	0.49%
2000	$4.93	1.21%
2001	$5.09	3.16%
2002	$5.15	1.32%
2003	$5.22	1.22%
2004	$5.61	7.46%
2005	$5.72	1.96%
2006	$5.61	-1.77%
2007	$5.90	5.15%
2008	$6.20	4.99%
2009	$6.30	1.65%
2010	$6.29	-0.12%
2011	$6.48	2.91%
2012	$6.83	5.46%
2013	$7.15	4.68%
2014	$7.29	1.97%
2015	$7.32	0.40%
2016	$7.13	-2.66%
2017	$7.14	0.17%
2018	$7.16	0.32%
2019	$7.14	-0.25%
2020	$7.54	5.60%
2021	$7.93	5.11%
2022	$9.08	14.58%
2023	$9.36	3.10%
2024	$9.44	0.78%*

* 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 Poultry:

Year	1935	1936	1937	1938	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	36.269	38.392	39.877	39.738	35.623	36.000	38.777	46.577	55.477	57.323	58.669	66.054	69.569	77.138	72.731	69.608	72.954	73.215	71.400	64.431	67.092	58.785	57.369	56.654	51.638	52.477	47.392	50.069	49.331	48.238	49.715	52.408	49.077	50.615	53.469	53.215	53.523	54.200	76.015	72.108	79.700	76.454	76.938	84.877	89.100	93.654	97.492	95.785	96.946	107.269	106.223	114.262	112.577	120.708	132.669	132.477	131.469	131.408	136.931	141.538	143.469	152.423	156.631	157.138	157.908	159.815	164.862	167.038	169.085	181.700	185.262	181.985	191.360	200.901	204.220	203.978	209.916	221.381	231.744	236.314	237.251	230.941	231.332	232.077	231.492	244.446	256.929	294.380	303.518	305.872

Adjust poultry prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1948 * 1948 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Poultry was 77.138 in the year 1948 and 305.872 in 2024:

305.872 / 77.138 * $2.38 = $9.44

Therefore, according to U.S. Bureau of Labor Statistics, $2.38 in 1948 has the same "purchasing power" as $9.44 in 2024 (in the CPI category of Poultry).

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

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