Uncooked other beef and veal price inflation, 2019→2024

Uncooked Other Beef And Veal Inflation Calculator

Prices for Uncooked Other Beef And Veal, 2019-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for uncooked other beef and veal are 39.72% higher in 2024 versus 2019 (a $7.94 difference in value).

Between 2019 and 2024: Uncooked other beef and veal experienced an average inflation rate of 6.92% per year. This rate of change indicates significant inflation. In other words, uncooked other beef and veal costing $20 in the year 2019 would cost $27.94 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.15% during this same period, inflation for uncooked other beef and veal was higher.

In the year 2019: Pricing changed by 2.46%, which is significantly below the average yearly change for uncooked other beef and veal during the 2019-2024 time period. Compared to inflation for all items in 2019 (1.81%), inflation for uncooked other beef and veal was higher.

Price Inflation for Uncooked other beef and veal since 1997

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

Years with the largest changes in pricing: 2014 (14.23%), 2021 (12.66%), and 2011 (10.31%).

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Buying power of $20.00 since 2019

Below are calculations of equivalent buying power for Uncooked other beef and veal, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2019	$20.00	2.46%
2020	$21.84	9.21%
2021	$24.61	12.66%
2022	$26.12	6.16%
2023	$26.21	0.35%
2024	$27.94	6.60%*

* 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 other beef and veal:

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	99.138	99.623	106.608	112.869	112.700	123.615	130.900	131.938	137.892	142.998	150.909	151.201	160.184	176.702	184.948	190.727	217.866	237.096	229.885	232.083	240.956	246.878	269.625	303.762	322.464	323.577	344.936

Adjust uncooked other beef and veal prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2019 * 2019 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Uncooked other beef and veal was 246.878 in the year 2019 and 344.936 in 2024:

344.936 / 246.878 * $20 = $27.94

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2019 has the same "purchasing power" as $27.94 in 2024 (in the CPI category of Uncooked other beef and veal).

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