Uncooked beef steaks priced at $20 in 2003 $46.46 in 2025

Uncooked Beef Steaks Inflation Calculator

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Prices for Uncooked Beef Steaks, 2003-2025 ($20)

According to the U.S. Bureau of Labor Statistics, prices for uncooked beef steaks are 132.29% higher in 2025 versus 2003 (a $26.46 difference in value).

Between 2003 and 2025: Uncooked beef steaks experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, uncooked beef steaks costing $20 in the year 2003 would cost $46.46 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for uncooked beef steaks was higher.

In the year 2003: Pricing changed by 9.45%, which is significantly above the average yearly change for uncooked beef steaks during the 2003-2025 time period. Compared to inflation for all items in 2003 (2.27%), inflation for uncooked beef steaks was much higher.

Price Inflation for Uncooked beef steaks since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2004 (13.38%), 2021 (12.01%), and 2014 (11.16%).

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Buying power of $20.00 since 2003

Below are calculations of equivalent buying power for Uncooked beef steaks, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$20.009.45%
2004$22.6813.38%
2005$22.740.26%
2006$22.900.73%
2007$23.803.91%
2008$24.342.29%
2009$23.52-3.37%
2010$24.022.13%
2011$26.098.60%
2012$27.746.34%
2013$28.191.63%
2014$31.3411.16%
2015$33.647.35%
2016$32.32-3.94%
2017$31.52-2.47%
2018$31.931.30%
2019$32.511.82%
2020$35.228.33%
2021$39.4512.01%
2022$40.462.58%
2023$42.545.13%
2024$44.454.50%
2025$46.464.51%*

* 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 steaks:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI100.00099.908102.269109.069118.100116.585127.600144.677145.054146.108151.817155.301150.065153.264166.451177.001179.878199.945214.645206.190201.094203.703207.405224.679251.665258.164271.409283.622296.401

Adjust uncooked beef steaks prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 2003 * 2003 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Uncooked beef steaks was 127.600 in the year 2003 and 296.401 in 2025:

296.401 / 127.600 * $20 = $46.46

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $46.46 in 2025 (in the CPI category of Uncooked beef steaks).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Uncooked beef steaks in 1997. In addition to uncooked beef steaks, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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