Lamb and organ meats priced at $20 in 2000 $38 in 2017

Historical Price Inflation for Lamb and organ meats

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Prices for Lamb And Organ Meats, 2000-2017 ($20)

According to the U.S. Bureau of Labor Statistics, prices for lamb and organ meats were 90.01% higher in 2017 versus 2000 (a $18 difference in value).

Between 2000 and 2017: Lamb and organ meats experienced an average inflation rate of 3.85% per year. This rate of change indicates significant inflation. In other words, lamb and organ meats costing $20 in the year 2000 would cost $38 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for lamb and organ meats was higher.

In the year 2000: Pricing changed by 4.35%, which is above the average yearly change for lamb and organ meats during the 2000-2017 time period. Compared to inflation for all items in 2000 (3.38%), inflation for lamb and organ meats was higher.

Price Inflation for Lamb and organ meats since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1979 (18.16%), 2011 (15.39%), and 1978 (13.90%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Lamb and organ meats:

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
CPI 72.300 82.346 97.300 102.469 104.431 101.092 98.738 100.154 101.438 103.631 110.823 115.562 119.623 125.508 129.123 131.369 137.477 141.038 146.785 155.677 161.600 165.269 161.954 168.992 173.838 189.254 198.877 204.338 212.662 228.011 224.081 251.049 253.482 277.069 319.703 316.804 307.526 316.680 329.991 329.970 321.106

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Lamb and organ meats, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 4.35%
2001 $20.57 2.87%
2002 $22.40 8.87%
2003 $23.54 5.08%
2004 $24.18 2.75%
2005 $25.17 4.07%
2006 $26.98 7.22%
2007 $26.52 -1.72%
2008 $29.71 12.03%
2009 $30.00 0.97%
2010 $32.79 9.31%
2011 $37.84 15.39%
2012 $37.49 -0.91%
2013 $36.40 -2.93%
2014 $37.48 2.98%
2015 $39.05 4.20%
2016 $39.05 -0.01%
2017 $38.00 -2.69%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for lamb and organ meats, 2000-2017

Start with the inflation rate formula:

CPI in 2017 / CPI in 2000 * 2000 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Lamb and organ meats was 168.992 in the year 2000 and 321.106 in 2017:

321.106 / 168.992 * $20 = $38

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $38 in 2017 (in the CPI category of Lamb and organ meats).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Lamb and organ meats in 1977. In addition to lamb and organ meats, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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