According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages at home were 2.79% higher in 2020 versus 2018 (a $0.56 difference in value).
Between 2018 and 2020: Alcohol at home experienced an average inflation rate of 1.39% per year. In other words, alcohol at home costing $20 in the year 2018 would cost $20.56 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.37% during this same period, inflation for alcohol at home was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Alcoholic beverages at home:
Below are calculations of equivalent buying power for Alcohol at home, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|