According to the U.S. Bureau of Labor Statistics, prices for fresh and frozen chicken parts are 290.75% higher in 2024 versus 1977 (a $58.15 difference in value).
Between 1977 and 2024: Fresh and frozen chicken parts experienced an average inflation rate of 2.94% per year. This rate of change indicates significant inflation. In other words, fresh and frozen chicken parts costing $20 in the year 1977 would cost $78.15 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.56% during this same period, inflation for fresh and frozen chicken parts was lower.
Below are calculations of equivalent buying power for Fresh and frozen chicken parts, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1977 | $20.00 | - |
1978 | $22.05 | 10.23% |
1979 | $23.23 | 5.37% |
1980 | $24.66 | 6.16% |
1981 | $25.98 | 5.37% |
1982 | $25.52 | -1.77% |
1983 | $25.98 | 1.81% |
1984 | $29.14 | 12.14% |
1985 | $28.11 | -3.53% |
1986 | $30.79 | 9.56% |
1987 | $30.75 | -0.15% |
1988 | $33.14 | 7.77% |
1989 | $36.48 | 10.10% |
1990 | $36.52 | 0.11% |
1991 | $36.21 | -0.85% |
1992 | $36.12 | -0.25% |
1993 | $37.67 | 4.28% |
1994 | $39.14 | 3.91% |
1995 | $39.26 | 0.29% |
1996 | $41.67 | 6.16% |
1997 | $42.31 | 1.53% |
1998 | $42.26 | -0.12% |
1999 | $42.14 | -0.28% |
2000 | $42.38 | 0.57% |
2001 | $43.85 | 3.46% |
2002 | $44.76 | 2.08% |
2003 | $45.71 | 2.11% |
2004 | $49.18 | 7.61% |
2005 | $50.25 | 2.17% |
2006 | $48.39 | -3.70% |
2007 | $51.18 | 5.75% |
2008 | $53.70 | 4.93% |
2009 | $54.22 | 0.98% |
2010 | $53.96 | -0.48% |
2011 | $54.37 | 0.76% |
2012 | $57.10 | 5.01% |
2013 | $59.92 | 4.95% |
2014 | $60.70 | 1.29% |
2015 | $60.66 | -0.07% |
2016 | $58.55 | -3.47% |
2017 | $59.40 | 1.45% |
2018 | $60.19 | 1.32% |
2019 | $60.02 | -0.28% |
2020 | $62.90 | 4.79% |
2021 | $66.68 | 6.03% |
2022 | $77.27 | 15.87% |
2023 | $77.76 | 0.63% |
2024 | $78.15 | 0.51%* |
* 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 Fresh and frozen chicken parts:
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 74.400 | 82.008 | 86.408 | 91.731 | 96.654 | 94.938 | 96.654 | 108.385 | 104.554 | 114.554 | 114.377 | 123.269 | 135.715 | 135.869 | 134.708 | 134.377 | 140.131 | 145.615 | 146.031 | 155.031 | 157.408 | 157.215 | 156.769 | 157.662 | 163.115 | 166.508 | 170.023 | 182.954 | 186.931 | 180.023 | 190.371 | 199.765 | 201.717 | 200.742 | 202.272 | 212.405 | 222.919 | 225.804 | 225.646 | 217.811 | 220.979 | 223.894 | 223.269 | 233.970 | 248.068 | 287.443 | 289.251 | 290.716 |