Alcohol priced at $10 in 2003 $14.48 in 2022

Alcohol Inflation Calculator

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Prices for Alcohol, 2003-2022 ($10)

According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages are 44.84% higher in 2022 versus 2003 (a $4.48 difference in value).

The current national average price is $1.67 for "Malt beverages, all types, all sizes, any origin, per 16 oz. (473.2 ml)". This data is collected by a national survey and can vary from region to region.

Between 2003 and 2022: Alcohol experienced an average inflation rate of 1.97% per year. In other words, alcohol costing $10 in the year 2003 would cost $14.48 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.41% during this same period, inflation for alcohol was lower.

In the year 2003: Pricing changed by 1.95%, which is below the average yearly change for alcohol during the 2003-2022 time period. Compared to inflation for all items in 2003 (2.27%), inflation for alcohol was lower.

Price Inflation for Alcoholic beverages since 1952

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (10.47%), 1980 (8.10%), and 1979 (7.86%).

Price history

The average price for Alcohol is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Malt beverages, all types, all sizes, any origin, per 16 oz. (473.2 ml):

YearAverage price (Alcohol)Inflation adjusted price (2022 dollars)
2022$1.67 (latest available value)$1.67
2021$1.53$1.58
2020$1.48$1.56
2019$1.44$1.54
2018$1.41$1.54
2017$1.39$1.53
2016$1.35$1.51
2015$1.32$1.49
2014$1.28$1.47
2013$1.28$1.48
2012$1.25$1.47
2011$1.24$1.49
2010$1.23$1.50
2009$1.21$1.48
2008$1.16$1.47
2007$1.12$1.47
2006$1.11$1.50
2005$1.09$1.50
2004$1.07$1.50
2003$1.01$1.47
2002$0.99$1.46
2001$0.96$1.44
2000$0.92$1.43
1999$0.88$1.40
1998$0.86$1.41
1997$0.84$1.41
1996$0.84$1.43
1995$0.81$1.43

View price changes for other categories
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Buying power of $10.00 since 2003

Below are calculations of equivalent buying power for Alcohol, over time, for $10 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$10.001.95%
2004$10.262.65%
2005$10.471.97%
2006$10.722.45%
2007$11.063.14%
2008$11.463.60%
2009$11.792.92%
2010$11.931.15%
2011$12.111.52%
2012$12.331.82%
2013$12.531.66%
2014$12.681.14%
2015$12.800.94%
2016$12.961.25%
2017$13.111.19%
2018$13.311.51%
2019$13.491.37%
2020$13.741.86%
2021$14.042.17%
2022$14.483.15%*
* Not final. See inflation summary for latest details.

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

Year19521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI39.40039.72040.54040.44041.02042.08042.00042.46043.10043.24043.40043.86044.20044.70045.44046.37748.02349.70052.06254.17755.42356.80061.13165.87768.06969.96974.07779.90086.36992.50896.662100.377102.962106.385111.131114.085118.554123.477129.254142.785147.262149.631151.492153.900158.515162.815165.731169.708174.654179.285183.600187.177192.131195.923200.715207.026214.484220.751223.291226.685230.800234.623237.305239.530242.526245.419249.134252.542257.246262.829271.111

Adjust alcohol prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2003 * 2003 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Alcoholic beverages was 187.177 in the year 2003 and 271.111 in 2022:

271.111 / 187.177 * $10 = $14.48

Therefore, according to U.S. Bureau of Labor Statistics, $10 in 2003 has the same "purchasing power" as $14.48 in 2022 (in the CPI category of Alcoholic beverages).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Alcoholic beverages in 1952. In addition to alcohol, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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