Uncooked beef roasts priced at $20 in 2000 $42.02 in 2018

Historical Price Inflation for Uncooked beef roasts

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Prices for Uncooked Beef Roasts, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for uncooked beef roasts were 110.08% higher in 2018 versus 2000 (a $22.02 difference in value).

Between 2000 and 2018: Uncooked beef roasts experienced an average inflation rate of 4.21% per year. This rate of change indicates significant inflation. In other words, uncooked beef roasts costing $20 in the year 2000 would cost $42.02 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for uncooked beef roasts was higher.

In the year 2000: Pricing changed by 6.94%, which is above the average yearly change for uncooked beef roasts during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for uncooked beef roasts was much 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%), 2011 (10.69%), and 2004 (10.05%).

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
CPI 100.000 99.538 101.100 108.115 118.692 117.554 129.315 142.308 146.500 145.554 154.365 160.700 158.000 163.334 180.798 190.902 196.722 223.718 238.607 224.511 221.426 227.128

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Uncooked beef roasts, 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 6.94%
2001 $21.96 9.78%
2002 $21.75 -0.96%
2003 $23.92 10.01%
2004 $26.33 10.05%
2005 $27.10 2.95%
2006 $26.93 -0.65%
2007 $28.56 6.05%
2008 $29.73 4.10%
2009 $29.23 -1.68%
2010 $30.21 3.38%
2011 $33.45 10.69%
2012 $35.31 5.59%
2013 $36.39 3.05%
2014 $41.39 13.72%
2015 $44.14 6.66%
2016 $41.53 -5.91%
2017 $40.96 -1.37%
2018 $42.02 2.58%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for uncooked beef roasts, 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 Uncooked beef roasts was 108.115 in the year 2000 and 227.128 in 2018:

227.128 / 108.115 * $20 = $42.02

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $42.02 in 2018 (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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