According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages at home are 219.18% higher in 2024 versus 1977 (a $43.84 difference in value).
Between 1977 and 2024: Alcohol at home experienced an average inflation rate of 2.50% per year. This rate of change indicates significant inflation. In other words, alcohol at home costing $20 in the year 1977 would cost $63.84 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.56% during this same period, inflation for alcohol at home was lower.
Below are calculations of equivalent buying power for Alcohol at home, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1977 | $20.00 | - |
1978 | $20.81 | 4.03% |
1979 | $22.41 | 7.70% |
1980 | $24.28 | 8.33% |
1981 | $25.89 | 6.67% |
1982 | $26.99 | 4.22% |
1983 | $27.96 | 3.60% |
1984 | $28.49 | 1.91% |
1985 | $29.26 | 2.70% |
1986 | $30.40 | 3.88% |
1987 | $31.02 | 2.03% |
1988 | $31.76 | 2.40% |
1989 | $32.79 | 3.25% |
1990 | $34.21 | 4.31% |
1991 | $38.32 | 12.04% |
1992 | $39.40 | 2.80% |
1993 | $39.56 | 0.42% |
1994 | $39.63 | 0.16% |
1995 | $39.81 | 0.45% |
1996 | $40.82 | 2.55% |
1997 | $41.57 | 1.84% |
1998 | $41.90 | 0.78% |
1999 | $42.76 | 2.05% |
2000 | $43.97 | 2.83% |
2001 | $44.81 | 1.92% |
2002 | $45.63 | 1.82% |
2003 | $46.32 | 1.52% |
2004 | $47.35 | 2.23% |
2005 | $47.92 | 1.20% |
2006 | $48.64 | 1.50% |
2007 | $49.82 | 2.42% |
2008 | $51.43 | 3.24% |
2009 | $52.93 | 2.91% |
2010 | $53.12 | 0.36% |
2011 | $53.35 | 0.42% |
2012 | $53.80 | 0.85% |
2013 | $54.43 | 1.18% |
2014 | $54.79 | 0.66% |
2015 | $54.88 | 0.15% |
2016 | $55.35 | 0.86% |
2017 | $55.72 | 0.66% |
2018 | $56.33 | 1.11% |
2019 | $57.16 | 1.47% |
2020 | $58.14 | 1.71% |
2021 | $59.10 | 1.65% |
2022 | $60.97 | 3.16% |
2023 | $62.87 | 3.11% |
2024 | $63.84 | 1.54%* |
* 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 Alcoholic beverages at home:
Year | 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 71.900 | 74.800 | 80.562 | 87.269 | 93.092 | 97.023 | 100.515 | 102.431 | 105.200 | 109.285 | 111.500 | 114.177 | 117.885 | 122.969 | 137.769 | 141.631 | 142.223 | 142.454 | 143.100 | 146.754 | 149.454 | 150.615 | 153.708 | 158.062 | 161.100 | 164.031 | 166.531 | 170.238 | 172.285 | 174.869 | 179.094 | 184.904 | 190.281 | 190.966 | 191.776 | 193.405 | 195.690 | 196.983 | 197.284 | 198.977 | 200.300 | 202.521 | 205.490 | 209.012 | 212.468 | 219.177 | 226.001 | 229.490 |