Alcohol away from home priced at $20 in 1980 $93.99 in 2022

Alcohol Away From Home Inflation Calculator

$

Prices for Alcohol Away From Home, 1980-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages away from home are 369.93% higher in 2022 versus 1980 (a $73.99 difference in value).

Between 1980 and 2022: Alcohol away from home experienced an average inflation rate of 3.75% per year. This rate of change indicates significant inflation. In other words, alcohol away from home costing $20 in the year 1980 would cost $93.99 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.04% during this same period, inflation for alcohol away from home was higher.

In the year 1980: Pricing changed by 7.30%, which is significantly above the average yearly change for alcohol away from home during the 1980-2022 time period. Compared to inflation for all items in 1980 (13.55%), inflation for alcohol away from home was much lower.

Price Inflation for Alcoholic beverages away from home since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1981 (8.75%), 1991 (8.65%), and 1979 (8.38%).

View price changes for other categories
Film and photographic supplies · New cars · Minneapolis-St Paul, Minnesota · Milk · More

Buying power of $20.00 since 1980

Below are calculations of equivalent buying power for Alcohol away from home, over time, for $20 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$20.007.30%
1981$21.758.75%
1982$22.975.58%
1983$24.084.85%
1984$25.375.36%
1985$26.835.74%
1986$28.596.59%
1987$29.784.15%
1988$31.525.84%
1989$33.165.22%
1990$34.865.12%
1991$37.888.65%
1992$39.213.53%
1993$40.413.05%
1994$41.412.48%
1995$42.602.87%
1996$44.103.52%
1997$45.723.67%
1998$47.082.97%
1999$48.503.03%
2000$49.983.05%
2001$51.933.90%
2002$53.713.41%
2003$55.182.75%
2004$57.103.48%
2005$59.023.35%
2006$61.464.14%
2007$64.204.45%
2008$66.954.30%
2009$68.922.94%
2010$70.452.22%
2011$72.623.08%
2012$74.953.21%
2013$76.732.37%
2014$78.161.86%
2015$79.772.07%
2016$81.241.84%
2017$82.902.04%
2018$84.702.18%
2019$85.721.21%
2020$87.642.23%
2021$90.122.83%
2022$93.994.30%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Alcoholic beverages away from home:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI67.70071.25477.22382.86290.11595.14699.762105.108111.138118.462123.377130.585137.400144.431156.923162.462167.415171.569176.492182.700189.408195.038200.954207.085215.169222.508228.631236.585244.515254.638265.969277.394285.550291.892300.886310.539317.910323.813330.513336.583343.459350.931355.164363.080373.354389.392

Adjust alcohol away from home prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1980 * 1980 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Alcoholic beverages away from home was 82.862 in the year 1980 and 389.392 in 2022:

389.392 / 82.862 * $20 = $93.99

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1980 has the same "purchasing power" as $93.99 in 2022 (in the CPI category of Alcoholic beverages away from home).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Alcoholic beverages away from home in 1977. In addition to alcohol away from 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.