Lamb and organ meats priced at $20 in 1977 $88.83 in 2017

Lamb And Organ Meats Inflation Calculator

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Prices for Lamb And Organ Meats, 1977-2017 ($20)

According to the U.S. Bureau of Labor Statistics, prices for lamb and organ meats are 344.13% higher in 2017 versus 1977 (a $68.83 difference in value).

Between 1977 and 2017: Lamb and organ meats experienced an average inflation rate of 3.80% per year. This rate of change indicates significant inflation. In other words, lamb and organ meats costing $20 in the year 1977 would cost $88.83 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 3.56% during this same period, 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%).

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Buying power of $20.00 since 1977

Below are calculations of equivalent buying power for Lamb and organ meats, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$20.00-
1978$22.7813.90%
1979$26.9218.16%
1980$28.355.31%
1981$28.891.91%
1982$27.96-3.20%
1983$27.31-2.33%
1984$27.711.43%
1985$28.061.28%
1986$28.672.16%
1987$30.666.94%
1988$31.974.28%
1989$33.093.51%
1990$34.724.92%
1991$35.722.88%
1992$36.341.74%
1993$38.034.65%
1994$39.012.59%
1995$40.604.07%
1996$43.066.06%
1997$44.703.80%
1998$45.722.27%
1999$44.80-2.01%
2000$46.754.35%
2001$48.092.87%
2002$52.358.87%
2003$55.015.08%
2004$56.532.75%
2005$58.834.07%
2006$63.077.22%
2007$61.99-1.72%
2008$69.4512.03%
2009$70.120.97%
2010$76.649.31%
2011$88.4415.39%
2012$87.64-0.91%
2013$85.07-2.93%
2014$87.602.98%
2015$91.284.20%
2016$91.28-0.01%
2017$88.83-2.69%*

* 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 Lamb and organ meats:

Year19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017
CPI72.30082.34697.300102.469104.431101.09298.738100.154101.438103.631110.823115.562119.623125.508129.123131.369137.477141.038146.785155.677161.600165.269161.954168.992173.838189.254198.877204.338212.662228.011224.081251.049253.482277.069319.703316.804307.526316.680329.991329.970321.106

Adjust lamb and organ meats prices for inflation

Start with the inflation rate formula:

CPI in 2017 / CPI in 1977 * 1977 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Lamb and organ meats was 72.300 in the year 1977 and 321.106 in 2017:

321.106 / 72.300 * $20 = $88.83

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $88.83 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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