Pork chops priced at $20 in 2000 $24.79 in 2018

Historical Price Inflation for Pork chops

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Prices for Pork Chops, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for pork chops were 23.96% higher in 2018 versus 2000 (a $4.79 difference in value).

Between 2000 and 2018: Pork chops experienced an average inflation rate of 1.20% per year. In other words, pork chops costing $20 in the year 2000 would cost $24.79 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for pork chops was lower.

In the year 2000: Pricing changed by 6.03%, which is significantly above the average yearly change for pork chops during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for pork chops was higher.

Price Inflation for Pork chops since 1939

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (49%), 1946 (30.82%), and 1973 (25.07%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pork chops:

Year 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 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 2018
CPI 11.969 11.100 13.654 16.508 16.123 14.985 15.000 19.623 29.238 31.277 30.077 30.423 32.054 32.438 34.215 35.638 32.769 32.485 35.946 38.077 35.423 35.777 36.677 37.462 36.746 37.008 40.954 44.900 42.385 43.362 47.308 49.038 45.485 52.408 65.546 65.838 77.754 77.331 75.969 84.238 87.008 82.923 91.008 100.485 99.631 99.915 98.669 109.492 120.469 118.785 122.677 140.185 141.669 138.915 144.608 144.231 144.231 153.038 155.238 146.777 143.538 152.192 159.023 156.023 160.885 170.400 170.154 167.762 170.165 174.611 168.362 175.416 188.201 189.344 187.744 205.412 197.342 189.268 183.691 188.660

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Pork chops, 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 6.03%
2001 $20.90 4.49%
2002 $20.50 -1.89%
2003 $21.14 3.12%
2004 $22.39 5.91%
2005 $22.36 -0.14%
2006 $22.05 -1.41%
2007 $22.36 1.43%
2008 $22.95 2.61%
2009 $22.12 -3.58%
2010 $23.05 4.19%
2011 $24.73 7.29%
2012 $24.88 0.61%
2013 $24.67 -0.85%
2014 $26.99 9.41%
2015 $25.93 -3.93%
2016 $24.87 -4.09%
2017 $24.14 -2.95%
2018 $24.79 2.71%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for pork chops, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Pork chops was 152.192 in the year 2000 and 188.660 in 2018:

188.660 / 152.192 * $20 = $24.79

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $24.79 in 2018 (in the CPI category of Pork chops).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Pork chops in 1939. In addition to pork chops, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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