Poultry priced at $2.38 in 2003 $4.31 in 2024

Poultry Inflation Calculator

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Prices for Poultry, 2003-2024 ($2.38)

According to the U.S. Bureau of Labor Statistics, prices for poultry are 80.90% higher in 2024 versus 2003 (a $1.93 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 2003 and 2024: Poultry experienced an average inflation rate of 2.86% per year. This rate of change indicates significant inflation. In other words, poultry costing $2.38 in the year 2003 would cost $4.31 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for poultry was higher.

In the year 2003: Pricing changed by 1.22%, which is below the average yearly change for poultry during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for poultry was lower.

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):

YearAverage 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
Chicago, Illinois · Jewelry · Fresh fruits · Food · More

Buying power of $2.38 since 2003

Below are calculations of equivalent buying power for Poultry, over time, for $2.38 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$2.381.22%
2004$2.567.46%
2005$2.611.96%
2006$2.56-1.77%
2007$2.695.15%
2008$2.834.99%
2009$2.871.65%
2010$2.87-0.12%
2011$2.952.91%
2012$3.125.46%
2013$3.264.68%
2014$3.331.97%
2015$3.340.40%
2016$3.25-2.66%
2017$3.260.17%
2018$3.270.32%
2019$3.26-0.25%
2020$3.445.60%
2021$3.625.11%
2022$4.1414.58%
2023$4.273.10%
2024$4.310.78%*

* 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:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI36.26938.39239.87739.73835.62336.00038.77746.57755.47757.32358.66966.05469.56977.13872.73169.60872.95473.21571.40064.43167.09258.78557.36956.65451.63852.47747.39250.06949.33148.23849.71552.40849.07750.61553.46953.21553.52354.20076.01572.10879.70076.45476.93884.87789.10093.65497.49295.78596.946107.269106.223114.262112.577120.708132.669132.477131.469131.408136.931141.538143.469152.423156.631157.138157.908159.815164.862167.038169.085181.700185.262181.985191.360200.901204.220203.978209.916221.381231.744236.314237.251230.941231.332232.077231.492244.446256.929294.380303.518305.872

Adjust poultry prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2003 * 2003 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Poultry was 169.085 in the year 2003 and 305.872 in 2024:

305.872 / 169.085 * $2.38 = $4.31

Therefore, according to U.S. Bureau of Labor Statistics, $2.38 in 2003 has the same "purchasing power" as $4.31 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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