Distilled spirits at home priced at $12.54 in 1978 $32.11 in 2024

Distilled Spirits At Home Inflation Calculator

$

Prices for Distilled Spirits At Home, 1978-2024 ($12.54)

According to the U.S. Bureau of Labor Statistics, prices for distilled spirits at home are 156.10% higher in 2024 versus 1978 (a $19.57 difference in value).

The current national average price is $12.54 for "Vodka, all types, all sizes, any origin, per 1 liter (33.8 oz)". This data is collected by a national survey and can vary from region to region.

Between 1978 and 2024: Distilled spirits at home experienced an average inflation rate of 2.07% per year. This rate of change indicates significant inflation. In other words, distilled spirits at home costing $12.54 in the year 1978 would cost $32.11 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for distilled spirits at home was lower.

Price Inflation for Distilled spirits at home since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (10.77%), 1986 (7.65%), and 1981 (5.60%).

Price history

The average price for Distilled spirits at home is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Vodka, all types, all sizes, any origin, per 1 liter (33.8 oz):

YearAverage price (Distilled spirits at home)Inflation adjusted price (2024 dollars)
2024$12.54 (latest available value)$12.54
2023$14.24$14.30
2022$14.24$14.58
2021$14.24$14.80
2020$14.24$15.25
2019$14.88$16.05
2018$14.88$16.28
2017$14.88$16.24
2016$13.53$14.70
2015$13.53$14.75
2014$15.37$16.78
2013$15.37$16.90
2012$15.37$17.08
2011$14.64$16.27
2010$10.02$11.15
2009$10.02$11.12
2008$10.02$11.37
2007$10.02$11.63
2006$10.02$11.71
2005$10.02$11.86
2004$10.02$12.01
2003$10.02$12.16
2002$10.02$12.28
2001$10.02$12.53
2000$9.79$12.67
1999$9.41$12.65
1998$9.00$12.38
1997$9.47$13.20
1996$9.10$12.95
1995$9.11$13.14

View price changes for other categories
Gasoline (all types) · College tuition and fees · Public transportation · Wine at home · More

Buying power of $12.54 since 1978

Below are calculations of equivalent buying power for Distilled spirits at home, over time, for $12.54 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$12.54-
1979$13.013.77%
1980$13.735.54%
1981$14.505.60%
1982$15.013.51%
1983$15.352.22%
1984$15.511.06%
1985$16.093.78%
1986$17.337.65%
1987$17.501.01%
1988$17.751.42%
1989$18.333.27%
1990$19.214.82%
1991$21.2810.77%
1992$21.641.68%
1993$21.901.20%
1994$22.060.72%
1995$22.281.00%
1996$22.561.26%
1997$23.052.19%
1998$23.351.28%
1999$23.882.27%
2000$24.813.91%
2001$25.683.51%
2002$26.202.04%
2003$26.471.01%
2004$26.801.25%
2005$27.121.21%
2006$27.471.27%
2007$27.670.74%
2008$28.292.24%
2009$28.932.26%
2010$28.86-0.23%
2011$28.890.10%
2012$28.88-0.03%
2013$29.211.12%
2014$29.410.71%
2015$29.450.11%
2016$29.550.36%
2017$29.43-0.41%
2018$29.35-0.28%
2019$29.781.46%
2020$29.990.72%
2021$30.903.03%
2022$31.361.49%
2023$31.971.93%
2024$32.110.46%*

* 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 Distilled spirits at home:

Year19781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI82.02385.11589.83194.86298.192100.377101.438105.269113.323114.469116.092119.885125.662139.200141.538143.231144.262145.700147.538150.777152.708156.177162.277167.969171.392173.115175.285177.400179.654180.984185.032189.207188.781188.970188.919191.033192.392192.607193.291192.505191.962194.772196.176202.129205.142209.095210.061

Adjust distilled spirits at home prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1978 * 1978 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Distilled spirits at home was 82.023 in the year 1978 and 210.061 in 2024:

210.061 / 82.023 * $12.54 = $32.11

Therefore, according to U.S. Bureau of Labor Statistics, $12.54 in 1978 has the same "purchasing power" as $32.11 in 2024 (in the CPI category of Distilled spirits at home).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Distilled spirits at home in 1978. In addition to distilled spirits at home, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.