According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages at home were 4.35% higher in 2020 versus 2017 (a $0.87 difference in value).
Between 2017 and 2020: Alcohol at home experienced an average inflation rate of 1.43% per year. In other words, alcohol at home costing $20 in the year 2017 would cost $20.87 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.83% during this same period, inflation for alcohol at home was lower.
In the year 2017: Pricing changed by 0.66%, which is below the average yearly change for alcohol at home during the 2017-2020 time period. Compared to inflation for all items in 2017 (2.13%), 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 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|