Uncooked beef roasts priced at $20 in 1997 $53.32 in 2020

Uncooked Beef Roasts Inflation Calculator

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Prices for Uncooked Beef Roasts, 1997-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for uncooked beef roasts were 166.62% higher in 2020 versus 1997 (a $33.32 difference in value).

Between 1997 and 2020: Uncooked beef roasts experienced an average inflation rate of 4.36% per year. This rate of change indicates significant inflation. In other words, uncooked beef roasts costing $20 in the year 1997 would cost $53.32 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.09% during this same period, inflation for uncooked beef roasts was higher.

Price Inflation for Uncooked beef roasts since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2014 (13.72%), 2020 (13.34%), and 2011 (10.69%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Uncooked beef roasts:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 100.000 99.538 101.100 108.115 118.692 117.554 129.315 142.308 146.500 145.554 154.365 160.700 158.000 163.334 180.798 190.902 196.722 223.718 238.607 224.511 221.426 226.849 235.252 266.624

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Buying power of $20 since 1997

Below are calculations of equivalent buying power for Uncooked beef roasts, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1997 $20.00 -
1998 $19.91 -0.46%
1999 $20.22 1.57%
2000 $21.62 6.94%
2001 $23.74 9.78%
2002 $23.51 -0.96%
2003 $25.86 10.01%
2004 $28.46 10.05%
2005 $29.30 2.95%
2006 $29.11 -0.65%
2007 $30.87 6.05%
2008 $32.14 4.10%
2009 $31.60 -1.68%
2010 $32.67 3.38%
2011 $36.16 10.69%
2012 $38.18 5.59%
2013 $39.34 3.05%
2014 $44.74 13.72%
2015 $47.72 6.66%
2016 $44.90 -5.91%
2017 $44.29 -1.37%
2018 $45.37 2.45%
2019 $47.05 3.70%
2020 $53.32 13.34%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for uncooked beef roasts, 1997-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1997 * 1997 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Uncooked beef roasts was 100.000 in the year 1997 and 266.624 in 2020:

266.624 / 100.000 * $20 = $53.32

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $53.32 in 2020 (in the CPI category of Uncooked beef roasts).


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

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