According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages were 41.48% higher in 2021 versus 2002 (a $4.15 difference in value).
Between 2002 and 2021: Alcohol experienced an average inflation rate of 1.84% per year. In other words, alcohol costing $10 in the year 2002 would cost $14.15 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.99% during this same period, inflation for alcohol was lower.
In the year 2002: Pricing changed by 2.41%, which is above the average yearly change for alcohol during the 2002-2021 time period. Compared to inflation for all items in 2002 (1.59%), inflation for alcohol was higher.
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 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2002 | $10.00 | 2.41% |
2003 | $10.19 | 1.95% |
2004 | $10.46 | 2.65% |
2005 | $10.67 | 1.97% |
2006 | $10.93 | 2.45% |
2007 | $11.28 | 3.14% |
2008 | $11.68 | 3.60% |
2009 | $12.02 | 2.92% |
2010 | $12.16 | 1.15% |
2011 | $12.35 | 1.52% |
2012 | $12.57 | 1.82% |
2013 | $12.78 | 1.66% |
2014 | $12.93 | 1.14% |
2015 | $13.05 | 0.94% |
2016 | $13.21 | 1.25% |
2017 | $13.37 | 1.19% |
2018 | $13.57 | 1.51% |
2019 | $13.76 | 1.37% |
2020 | $14.01 | 1.86% |
2021 | $14.15 | 0.98%* |