Alcohol priced at $10 in 2005 $14.54 in 2023

Alcohol Inflation Calculator

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Prices for Alcohol, 2005-2023 ($10)

According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages are 45.43% higher in 2023 versus 2005 (a $4.54 difference in value).

The current national average price is $1.75 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 2005 and 2023: Alcohol experienced an average inflation rate of 2.10% per year. This rate of change indicates significant inflation. In other words, alcohol costing $10 in the year 2005 would cost $14.54 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for alcohol was lower.

In the year 2005: Pricing changed by 1.97%, which is below the average yearly change for alcohol during the 2005-2023 time period. Compared to inflation for all items in 2005 (3.39%), 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 (2023 dollars)
2023$1.75 (latest available value)$1.75
2022$1.66$1.72
2021$1.53$1.66
2020$1.48$1.64
2019$1.44$1.62
2018$1.41$1.62
2017$1.39$1.61
2016$1.35$1.59
2015$1.32$1.57
2014$1.28$1.54
2013$1.28$1.55
2012$1.25$1.55
2011$1.24$1.56
2010$1.23$1.57
2009$1.21$1.56
2008$1.16$1.54
2007$1.12$1.55
2006$1.11$1.58
2005$1.09$1.58
2004$1.07$1.58
2003$1.01$1.54
2002$0.99$1.54
2001$0.96$1.52
2000$0.92$1.50
1999$0.88$1.47
1998$0.86$1.48
1997$0.84$1.48
1996$0.84$1.50
1995$0.81$1.50

View price changes for other categories
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Buying power of $10.00 since 2005

Below are calculations of equivalent buying power for Alcohol, over time, for $10 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2005$10.001.97%
2006$10.242.45%
2007$10.573.14%
2008$10.953.60%
2009$11.272.92%
2010$11.401.15%
2011$11.571.52%
2012$11.781.82%
2013$11.981.66%
2014$12.111.14%
2015$12.230.94%
2016$12.381.25%
2017$12.531.19%
2018$12.721.51%
2019$12.891.37%
2020$13.131.86%
2021$13.412.17%
2022$13.984.24%
2023$14.544.00%*

* 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:

Year195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI39.40039.72040.54040.44041.02042.08042.00042.46043.10043.24043.40043.86044.20044.70045.44046.37748.02349.70052.06254.17755.42356.80061.13165.87768.06969.96974.07779.90086.36992.50896.662100.377102.962106.385111.131114.085118.554123.477129.254142.785147.262149.631151.492153.900158.515162.815165.731169.708174.654179.285183.600187.177192.131195.923200.715207.026214.484220.751223.291226.685230.800234.623237.305239.530242.526245.419249.134252.542257.246262.829273.967284.937

Adjust alcohol prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2005 * 2005 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Alcoholic beverages was 195.923 in the year 2005 and 284.937 in 2023:

284.937 / 195.923 * $10 = $14.54

Therefore, according to U.S. Bureau of Labor Statistics, $10 in 2005 has the same "purchasing power" as $14.54 in 2023 (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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