According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages at home were 8.99% higher in 2020 versus 2011 (a $1.80 difference in value).
Between 2011 and 2020: Alcohol at home experienced an average inflation rate of 0.96% per year. In other words, alcohol at home costing $20 in the year 2011 would cost $21.80 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.57% during this same period, inflation for alcohol at home was lower.
In the year 2011: Pricing changed by 0.42%, which is below the average yearly change for alcohol at home during the 2011-2020 time period. Compared to inflation for all items in 2011 (3.16%), inflation for alcohol at home was lower.
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 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|