According to the U.S. Bureau of Labor Statistics, prices for tobacco and smoking products are 8,498.69% higher in 2026 versus 1947 (a $1,699.74 difference in value).
Between 1947 and 2026: Tobacco and smoking products experienced an average inflation rate of 5.80% per year. This rate of change indicates significant inflation. In other words, tobacco and smoking products costing $20 in the year 1947 would cost $1,719.74 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for tobacco and smoking products was higher.
Below are calculations of equivalent buying power for Tobacco and smoking products, over time, for $20 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1947 | $20.00 | - |
| 1948 | $20.90 | 4.52% |
| 1949 | $21.61 | 3.35% |
| 1950 | $21.93 | 1.53% |
| 1951 | $22.61 | 3.08% |
| 1952 | $23.80 | 5.27% |
| 1953 | $24.82 | 4.30% |
| 1954 | $25.25 | 1.70% |
| 1955 | $25.31 | 0.27% |
| 1956 | $25.85 | 2.10% |
| 1957 | $26.48 | 2.45% |
| 1958 | $27.41 | 3.51% |
| 1959 | $28.35 | 3.42% |
| 1960 | $29.44 | 3.85% |
| 1961 | $29.66 | 0.75% |
| 1962 | $29.93 | 0.91% |
| 1963 | $30.74 | 2.71% |
| 1964 | $31.55 | 2.64% |
| 1965 | $32.45 | 2.84% |
| 1966 | $34.59 | 6.61% |
| 1967 | $36.00 | 4.08% |
| 1968 | $38.24 | 6.22% |
| 1969 | $40.32 | 5.44% |
| 1970 | $43.65 | 8.26% |
| 1971 | $45.55 | 4.36% |
| 1972 | $48.02 | 5.42% |
| 1973 | $49.35 | 2.76% |
| 1974 | $51.77 | 4.91% |
| 1975 | $55.45 | 7.10% |
| 1976 | $57.83 | 4.30% |
| 1977 | $60.58 | 4.76% |
| 1978 | $63.87 | 5.43% |
| 1979 | $67.70 | 5.99% |
| 1980 | $72.97 | 7.79% |
| 1981 | $78.84 | 8.05% |
| 1982 | $87.71 | 11.25% |
| 1983 | $104.82 | 19.50% |
| 1984 | $111.69 | 6.56% |
| 1985 | $118.31 | 5.92% |
| 1986 | $126.45 | 6.88% |
| 1987 | $135.49 | 7.15% |
| 1988 | $147.82 | 9.10% |
| 1989 | $166.73 | 12.80% |
| 1990 | $184.06 | 10.39% |
| 1991 | $205.55 | 11.68% |
| 1992 | $222.90 | 8.44% |
| 1993 | $231.58 | 3.89% |
| 1994 | $223.10 | -3.66% |
| 1995 | $228.89 | 2.59% |
| 1996 | $235.99 | 3.10% |
| 1997 | $247.09 | 4.70% |
| 1998 | $278.61 | 12.76% |
| 1999 | $360.75 | 29.48% |
| 2000 | $400.41 | 10.99% |
| 2001 | $431.14 | 7.67% |
| 2002 | $467.93 | 8.54% |
| 2003 | $475.53 | 1.62% |
| 2004 | $484.65 | 1.92% |
| 2005 | $509.77 | 5.18% |
| 2006 | $527.11 | 3.40% |
| 2007 | $561.91 | 6.60% |
| 2008 | $596.89 | 6.23% |
| 2009 | $740.50 | 24.06% |
| 2010 | $818.59 | 10.55% |
| 2011 | $846.41 | 3.40% |
| 2012 | $865.36 | 2.24% |
| 2013 | $889.05 | 2.74% |
| 2014 | $915.89 | 3.02% |
| 2015 | $943.83 | 3.05% |
| 2016 | $976.81 | 3.49% |
| 2017 | $1,037.04 | 6.17% |
| 2018 | $1,078.28 | 3.98% |
| 2019 | $1,131.50 | 4.94% |
| 2020 | $1,187.89 | 4.98% |
| 2021 | $1,273.95 | 7.24% |
| 2022 | $1,366.27 | 7.25% |
| 2023 | $1,455.73 | 6.55% |
| 2024 | $1,563.21 | 7.38% |
| 2025 | $1,662.26 | 6.34% |
| 2026 | $1,719.74 | 3.46%* |
* 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 Tobacco and smoking products:
| Year | 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 19.725 | 20.617 | 21.308 | 21.633 | 22.300 | 23.475 | 24.483 | 24.900 | 24.967 | 25.492 | 26.117 | 27.033 | 27.958 | 29.033 | 29.250 | 29.517 | 30.317 | 31.117 | 32.000 | 34.117 | 35.508 | 37.717 | 39.767 | 43.050 | 44.925 | 47.358 | 48.667 | 51.058 | 54.683 | 57.033 | 59.750 | 62.992 | 66.767 | 71.967 | 77.758 | 86.508 | 103.375 | 110.158 | 116.683 | 124.708 | 133.625 | 145.783 | 164.442 | 181.525 | 202.725 | 219.833 | 228.392 | 220.033 | 225.742 | 232.750 | 243.692 | 274.775 | 355.792 | 394.908 | 425.208 | 461.500 | 468.992 | 477.983 | 502.758 | 519.858 | 554.184 | 588.682 | 730.316 | 807.330 | 834.769 | 853.459 | 876.822 | 903.299 | 930.848 | 963.380 | 1022.785 | 1063.453 | 1115.941 | 1171.554 | 1256.433 | 1347.485 | 1435.718 | 1541.715 | 1639.408 | 1696.091 |