According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages at home are 28.04% higher in 2024 versus 2007 (a $5.61 difference in value).
Between 2007 and 2024: Alcohol at home experienced an average inflation rate of 1.46% per year. In other words, alcohol at home costing $20 in the year 2007 would cost $25.61 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation for alcohol at home was lower.
In the year 2007: Pricing changed by 2.42%, which is above the average yearly change for alcohol at home during the 2007-2024 time period. Compared to inflation for all items in 2007 (2.85%), inflation for alcohol at home was lower.
Below are calculations of equivalent buying power for Alcohol at home, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2007 | $20.00 | 2.42% |
2008 | $20.65 | 3.24% |
2009 | $21.25 | 2.91% |
2010 | $21.33 | 0.36% |
2011 | $21.42 | 0.42% |
2012 | $21.60 | 0.85% |
2013 | $21.85 | 1.18% |
2014 | $22.00 | 0.66% |
2015 | $22.03 | 0.15% |
2016 | $22.22 | 0.86% |
2017 | $22.37 | 0.66% |
2018 | $22.62 | 1.11% |
2019 | $22.95 | 1.47% |
2020 | $23.34 | 1.71% |
2021 | $23.73 | 1.65% |
2022 | $24.48 | 3.16% |
2023 | $25.24 | 3.11% |
2024 | $25.61 | 1.47%* |
* 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 | 229.320 |