Other pork including roasts, steaks, and ribs priced at $20 in 1997 $32.72 in 2022

Other Pork Including Roasts, Steaks, And Ribs Inflation Calculator

$

Prices for Other Pork Including Roasts, Steaks, And Ribs, 1997-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other pork including roasts, steaks, and ribs are 63.58% higher in 2022 versus 1997 (a $12.72 difference in value).

Between 1997 and 2022: Other pork including roasts, steaks, and ribs experienced an average inflation rate of 1.99% per year. In other words, other pork including roasts, steaks, and ribs costing $20 in the year 1997 would cost $32.72 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.40% during this same period, inflation for other pork including roasts, steaks, and ribs was lower.

Price Inflation for Other pork including roasts, steaks, and ribs since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2014 (12.94%), 2021 (11.87%), and 2020 (9.27%).

View price changes for other categories
Airline fares · Parking fees and tolls · Juices and nonalcoholic drinks · New cars · More

Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Other pork including roasts, steaks, and ribs, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$20.00-
1998$19.34-3.32%
1999$18.71-3.25%
2000$19.574.62%
2001$20.374.10%
2002$19.84-2.63%
2003$19.83-0.03%
2004$21.468.21%
2005$22.303.89%
2006$22.29-0.02%
2007$22.631.53%
2008$23.574.15%
2009$22.52-4.46%
2010$24.016.61%
2011$26.078.59%
2012$25.71-1.37%
2013$25.23-1.88%
2014$28.4912.94%
2015$27.52-3.42%
2016$25.76-6.39%
2017$25.31-1.73%
2018$25.08-0.91%
2019$25.160.31%
2020$27.499.27%
2021$30.7511.87%
2022$32.726.38%*

* 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 Other pork including roasts, steaks, and ribs:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.00096.68593.53897.862101.86999.19299.162107.300111.477111.454113.155117.852112.591120.031130.343128.557126.146142.465137.591128.797126.564125.406125.790137.449153.769163.583

Adjust other pork including roasts, steaks, and ribs prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1997 * 1997 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Other pork including roasts, steaks, and ribs was 100.000 in the year 1997 and 163.583 in 2022:

163.583 / 100.000 * $20 = $32.72

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $32.72 in 2022 (in the CPI category of Other pork including roasts, steaks, and ribs).


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

» Read more about inflation and investment.