Chicken priced at $1.95 in 1997 $3.77 in 2024

Chicken Inflation Calculator

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Prices for Chicken, 1997-2024 ($1.95)

According to the U.S. Bureau of Labor Statistics, prices for chicken are 93.40% higher in 2024 versus 1997 (a $1.82 difference in value).

The current national average price is $1.95 for "Chicken, fresh, whole, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.

Between 1997 and 2024: Chicken experienced an average inflation rate of 2.47% per year. This rate of change indicates significant inflation. In other words, chicken costing $1.95 in the year 1997 would cost $3.77 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation for chicken was higher.

Price Inflation for Chicken since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (14.82%), 2004 (8.53%), and 2007 (5.75%).

Price history

The average price for Chicken is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Chicken, fresh, whole, per lb. (453.6 gm):

YearAverage price (Chicken)Inflation adjusted price (2024 dollars)
2024$1.95 (latest available value)$1.95
2023$1.91$1.91
2022$1.80$1.83
2021$1.53$1.78
2020$1.56$1.92
2019$1.50$1.93
2018$1.50$1.93
2017$1.47$1.92
2016$1.46$1.92
2015$1.49$1.89
2014$1.53$1.96
2013$1.50$1.95
2012$1.42$1.95
2011$1.29$1.86
2010$1.26$1.85
2009$1.28$1.86
2008$1.21$1.79
2007$1.12$1.73
2006$1.05$1.73
2005$1.06$1.69
2004$1.07$1.75
2003$1.03$1.84
2002$1.07$1.93
2001$1.11$2.03
2000$1.07$2.02
1999$1.06$2.01
1998$1.04$1.99
1997$1.00$1.94
1996$0.97No data
1995$0.92No data
1994$0.90No data
1993$0.89No data
1992$0.87No data
1991$0.88No data
1990$0.90No data
1989$0.93No data
1988$0.85No data
1987$0.78No data
1986$0.84No data
1985$0.76No data
1984$0.81No data
1983$0.72No data
1982$0.71No data
1981$0.73No data
1980$0.71No data

View price changes for other categories
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Buying power of $1.95 since 1997

Below are calculations of equivalent buying power for Chicken, over time, for $1.95 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$1.95-
1998$1.981.38%
1999$1.990.42%
2000$2.000.63%
2001$2.062.98%
2002$2.101.95%
2003$2.121.22%
2004$2.308.53%
2005$2.352.05%
2006$2.29-2.48%
2007$2.435.75%
2008$2.555.12%
2009$2.591.45%
2010$2.57-0.60%
2011$2.621.84%
2012$2.744.84%
2013$2.895.32%
2014$2.962.31%
2015$2.970.31%
2016$2.88-3.04%
2017$2.900.71%
2018$2.931.15%
2019$2.92-0.24%
2020$3.074.96%
2021$3.235.28%
2022$3.7114.82%
2023$3.781.83%
2024$3.77-0.15%*

* 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 Chicken:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000101.385101.815102.454105.508107.569108.877118.169120.592117.600124.363130.727132.622131.821134.250140.754148.246151.667152.141147.513148.556150.268149.907157.347165.657190.212193.695193.399

Adjust chicken prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Chicken was 100.000 in the year 1997 and 193.399 in 2024:

193.399 / 100.000 * $1.95 = $3.77

Therefore, according to U.S. Bureau of Labor Statistics, $1.95 in 1997 has the same "purchasing power" as $3.77 in 2024 (in the CPI category of Chicken).


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

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