Ham priced at $5.35 in 1978 $14.79 in 2022

Ham Inflation Calculator

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Prices for Ham, 1978-2022 ($5.35)

According to the U.S. Bureau of Labor Statistics, prices for ham are 176.51% higher in 2022 versus 1978 (a $9.44 difference in value).

The current national average price is $5.35 for "Ham, boneless, excluding canned, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.

Between 1978 and 2022: Ham experienced an average inflation rate of 2.34% per year. This rate of change indicates significant inflation. In other words, ham costing $5.35 in the year 1978 would cost $14.79 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.45% during this same period, inflation for ham was lower.

Price Inflation for Ham since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (12.85%), 1982 (10.88%), and 2022 (7.80%).

Price history

The average price for Ham 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 Ham, boneless, excluding canned, per lb. (453.6 gm):

YearAverage price (Ham)Inflation adjusted price (2022 dollars)
2022$5.35 (latest available value)$5.35
2021$4.83$5.20
2020$4.49$5.01
2019$4.24$4.98
2018$4.02$4.85
2017$3.87$4.61
2016$4.03$4.80
2015$4.19$4.67
2014$4.33$4.73
2013$3.98$4.68
2012$3.73$4.42
2011$3.59$4.30
2010$3.39$4.33
2009$3.38$4.47
2008$3.21$4.23
2007$3.13$4.24
2006$3.13$4.29
2005$3.16$4.32
2004$3.05$4.43
2003$2.89$4.30
2002$2.82$4.24
2001$2.74$4.19
2000$2.79$4.40
1999$2.86$4.69
1998$2.81$4.52
1997$2.79$4.29
1996$2.70$4.36
1995$2.54$4.39
1994$2.61$4.51
1993$2.73$4.76
1992$2.75$4.88
1991$2.91$5.00

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Buying power of $5.35 since 1978

Below are calculations of equivalent buying power for Ham, over time, for $5.35 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$5.35-
1979$5.421.31%
1980$5.26-3.04%
1981$5.586.17%
1982$6.1910.88%
1983$6.210.33%
1984$6.05-2.57%
1985$6.141.44%
1986$6.607.63%
1987$7.127.80%
1988$7.160.59%
1989$7.210.72%
1990$8.1412.85%
1991$8.605.68%
1992$8.33-3.10%
1993$8.481.69%
1994$8.571.07%
1995$8.580.19%
1996$9.176.85%
1997$9.614.81%
1998$9.22-4.06%
1999$9.04-1.98%
2000$9.393.89%
2001$9.673.01%
2002$9.841.70%
2003$9.951.20%
2004$10.202.50%
2005$10.816.00%
2006$10.81-0.08%
2007$10.921.02%
2008$11.232.90%
2009$11.19-0.38%
2010$11.583.53%
2011$12.336.47%
2012$12.460.98%
2013$12.581.03%
2014$13.557.64%
2015$13.26-2.13%
2016$12.43-6.20%
2017$12.40-0.25%
2018$12.27-1.09%
2019$12.592.63%
2020$13.255.22%
2021$13.723.60%
2022$14.797.80%*

* 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 Ham:

Year197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI87.02388.16285.48590.762100.638100.96998.37799.792107.408115.785116.469117.308132.385139.908135.577137.869139.338139.608149.169156.338149.992147.015152.731157.323159.992161.908165.962175.915175.769177.557182.700182.013188.430200.627202.600204.695220.332215.633202.259201.745199.538204.777215.466223.219240.632

Adjust ham prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1978 * 1978 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Ham was 87.023 in the year 1978 and 240.632 in 2022:

240.632 / 87.023 * $5.35 = $14.79

Therefore, according to U.S. Bureau of Labor Statistics, $5.35 in 1978 has the same "purchasing power" as $14.79 in 2022 (in the CPI category of Ham).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Ham in 1978. In addition to ham, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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