Alcohol away from home priced at $20 in 1984 $75.09 in 2022

Alcohol Away From Home Inflation Calculator

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Prices for Alcohol Away From Home, 1984-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages away from home are 275.47% higher in 2022 versus 1984 (a $55.09 difference in value).

Between 1984 and 2022: Alcohol away from home experienced an average inflation rate of 3.54% per year. This rate of change indicates significant inflation. In other words, alcohol away from home costing $20 in the year 1984 would cost $75.09 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.76% during this same period, inflation for alcohol away from home was higher.

In the year 1984: Pricing changed by 5.36%, which is above the average yearly change for alcohol away from home during the 1984-2022 time period. Compared to inflation for all items in 1984 (4.30%), inflation for alcohol away from home was higher.

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%).

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Buying power of $20.00 since 1984

Below are calculations of equivalent buying power for Alcohol away from home, over time, for $20 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1984$20.005.36%
1985$21.155.74%
1986$22.546.59%
1987$23.484.15%
1988$24.855.84%
1989$26.145.22%
1990$27.485.12%
1991$29.868.65%
1992$30.913.53%
1993$31.863.05%
1994$32.652.48%
1995$33.582.87%
1996$34.763.52%
1997$36.043.67%
1998$37.112.97%
1999$38.243.03%
2000$39.403.05%
2001$40.943.90%
2002$42.343.41%
2003$43.502.75%
2004$45.023.48%
2005$46.533.35%
2006$48.454.14%
2007$50.614.45%
2008$52.784.30%
2009$54.332.94%
2010$55.542.22%
2011$57.253.08%
2012$59.093.21%
2013$60.492.37%
2014$61.621.86%
2015$62.892.07%
2016$64.051.84%
2017$65.352.04%
2018$66.782.18%
2019$67.581.21%
2020$69.092.23%
2021$71.042.83%
2022$75.095.70%*

* 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 away from home:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI67.70071.25477.22382.86290.11595.14699.762105.108111.138118.462123.377130.585137.400144.431156.923162.462167.415171.569176.492182.700189.408195.038200.954207.085215.169222.508228.631236.585244.515254.638265.969277.394285.550291.892300.886310.539317.910323.813330.513336.583343.459350.931355.164363.080373.354394.646

Adjust alcohol away from home prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1984 * 1984 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Alcoholic beverages away from home was 105.108 in the year 1984 and 394.646 in 2022:

394.646 / 105.108 * $20 = $75.09

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1984 has the same "purchasing power" as $75.09 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.

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