According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages were 127.70% higher in 2021 versus 1987 (a $12.77 difference in value).
Between 1987 and 2021: Alcohol experienced an average inflation rate of 2.45% per year. This rate of change indicates significant inflation. In other words, alcohol costing $10 in the year 1987 would cost $22.77 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for alcohol was lower.
In the year 1987: Pricing changed by 2.66%, which is above the average yearly change for alcohol during the 1987-2021 time period. Compared to inflation for all items in 1987 (3.66%), inflation for alcohol was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Alcoholic beverages:
Year | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 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 |
CPI | 39.400 | 39.720 | 40.540 | 40.440 | 41.020 | 42.080 | 42.000 | 42.460 | 43.100 | 43.240 | 43.400 | 43.860 | 44.200 | 44.700 | 45.440 | 46.377 | 48.023 | 49.700 | 52.062 | 54.177 | 55.423 | 56.800 | 61.131 | 65.877 | 68.069 | 69.969 | 74.077 | 79.900 | 86.369 | 92.508 | 96.662 | 100.377 | 102.962 | 106.385 | 111.131 | 114.085 | 118.554 | 123.477 | 129.254 | 142.785 | 147.262 | 149.631 | 151.492 | 153.900 | 158.515 | 162.815 | 165.731 | 169.708 | 174.654 | 179.285 | 183.600 | 187.177 | 192.131 | 195.923 | 200.715 | 207.026 | 214.484 | 220.751 | 223.291 | 226.685 | 230.800 | 234.623 | 237.305 | 239.530 | 242.526 | 245.419 | 249.134 | 252.542 | 257.246 | 259.765 |
Below are calculations of equivalent buying power for Alcohol, over time, for $10 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1987 | $10.00 | 2.66% |
1988 | $10.39 | 3.92% |
1989 | $10.82 | 4.15% |
1990 | $11.33 | 4.68% |
1991 | $12.52 | 10.47% |
1992 | $12.91 | 3.14% |
1993 | $13.12 | 1.61% |
1994 | $13.28 | 1.24% |
1995 | $13.49 | 1.59% |
1996 | $13.89 | 3.00% |
1997 | $14.27 | 2.71% |
1998 | $14.53 | 1.79% |
1999 | $14.88 | 2.40% |
2000 | $15.31 | 2.91% |
2001 | $15.72 | 2.65% |
2002 | $16.09 | 2.41% |
2003 | $16.41 | 1.95% |
2004 | $16.84 | 2.65% |
2005 | $17.17 | 1.97% |
2006 | $17.59 | 2.45% |
2007 | $18.15 | 3.14% |
2008 | $18.80 | 3.60% |
2009 | $19.35 | 2.92% |
2010 | $19.57 | 1.15% |
2011 | $19.87 | 1.52% |
2012 | $20.23 | 1.82% |
2013 | $20.57 | 1.66% |
2014 | $20.80 | 1.14% |
2015 | $21.00 | 0.94% |
2016 | $21.26 | 1.25% |
2017 | $21.51 | 1.19% |
2018 | $21.84 | 1.51% |
2019 | $22.14 | 1.37% |
2020 | $22.55 | 1.86% |
2021 | $22.77 | 0.98%* |