According to the U.S. Bureau of Labor Statistics, prices for uncooked beef roasts are 241.48% higher in 2024 versus 1997 (a $48.30 difference in value).
Between 1997 and 2024: Uncooked beef roasts experienced an average inflation rate of 4.65% per year. This rate of change indicates significant inflation. In other words, uncooked beef roasts costing $20 in the year 1997 would cost $68.30 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for uncooked beef roasts was higher.
Below are calculations of equivalent buying power for Uncooked beef roasts, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1997 | $20.00 | - |
| 1998 | $19.91 | -0.46% |
| 1999 | $20.22 | 1.57% |
| 2000 | $21.62 | 6.94% |
| 2001 | $23.74 | 9.78% |
| 2002 | $23.51 | -0.96% |
| 2003 | $25.86 | 10.01% |
| 2004 | $28.46 | 10.05% |
| 2005 | $29.30 | 2.95% |
| 2006 | $29.11 | -0.65% |
| 2007 | $30.87 | 6.05% |
| 2008 | $32.14 | 4.10% |
| 2009 | $31.60 | -1.68% |
| 2010 | $32.67 | 3.38% |
| 2011 | $36.16 | 10.69% |
| 2012 | $38.18 | 5.59% |
| 2013 | $39.34 | 3.05% |
| 2014 | $44.74 | 13.72% |
| 2015 | $47.72 | 6.66% |
| 2016 | $44.90 | -5.91% |
| 2017 | $44.29 | -1.37% |
| 2018 | $45.37 | 2.45% |
| 2019 | $47.05 | 3.70% |
| 2020 | $52.81 | 12.23% |
| 2021 | $58.80 | 11.35% |
| 2022 | $61.89 | 5.25% |
| 2023 | $63.92 | 3.28% |
| 2024 | $68.30 | 6.84%* |
* 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 Uncooked beef roasts:
| Year | 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 | 100.000 | 99.538 | 101.100 | 108.115 | 118.692 | 117.554 | 129.315 | 142.308 | 146.500 | 145.554 | 154.365 | 160.700 | 158.000 | 163.334 | 180.798 | 190.902 | 196.722 | 223.718 | 238.607 | 224.511 | 221.426 | 226.849 | 235.252 | 264.031 | 294.007 | 309.455 | 319.614 | 341.477 |