According to the U.S. Bureau of Labor Statistics, prices for uncooked beef roasts are 164.07% higher in 2024 versus 2003 (a $32.81 difference in value).
Between 2003 and 2024: Uncooked beef roasts experienced an average inflation rate of 4.73% per year. This rate of change indicates significant inflation. In other words, uncooked beef roasts costing $20 in the year 2003 would cost $52.81 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for uncooked beef roasts was higher.
In the year 2003: Pricing changed by 10.01%, which is significantly above the average yearly change for uncooked beef roasts during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for uncooked beef roasts was much higher.
Below are calculations of equivalent buying power for Uncooked beef roasts, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2003 | $20.00 | 10.01% |
2004 | $22.01 | 10.05% |
2005 | $22.66 | 2.95% |
2006 | $22.51 | -0.65% |
2007 | $23.87 | 6.05% |
2008 | $24.85 | 4.10% |
2009 | $24.44 | -1.68% |
2010 | $25.26 | 3.38% |
2011 | $27.96 | 10.69% |
2012 | $29.53 | 5.59% |
2013 | $30.43 | 3.05% |
2014 | $34.60 | 13.72% |
2015 | $36.90 | 6.66% |
2016 | $34.72 | -5.91% |
2017 | $34.25 | -1.37% |
2018 | $35.08 | 2.45% |
2019 | $36.38 | 3.70% |
2020 | $40.84 | 12.23% |
2021 | $45.47 | 11.35% |
2022 | $47.86 | 5.25% |
2023 | $49.43 | 3.28% |
2024 | $52.81 | 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 |