Beer, ale, and other malt beverages at home priced at $20 in 1955 $133.06 in 2023

Beer, Ale, And Other Malt Beverages At Home Inflation Calculator

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Prices for Beer, Ale, And Other Malt Beverages At Home, 1955-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for beer, ale, and other malt beverages at home are 565.30% higher in 2023 versus 1955 (a $113.06 difference in value).

Between 1955 and 2023: Beer, ale, and other malt beverages at home experienced an average inflation rate of 2.83% per year. This rate of change indicates significant inflation. In other words, beer, ale, and other malt beverages at home costing $20 in the year 1955 would cost $133.06 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.63% during this same period, inflation for beer, ale, and other malt beverages at home was lower.

In the year 1955: Pricing changed by -0.74%, which is significantly below the average yearly change for beer, ale, and other malt beverages at home during the 1955-2023 time period. Compared to inflation for all items in 1955 (-0.29%), inflation for beer, ale, and other malt beverages at home was lower.

Price Inflation for Beer, ale, and other malt beverages at home since 1952

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (12.01%), 1975 (10.67%), and 1979 (10.45%).

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Buying power of $20.00 since 1955

Below are calculations of equivalent buying power for Beer, ale, and other malt beverages at home, over time, for $20 beginning in 1955. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1955$20.00-0.74%
1956$20.351.75%
1957$20.721.82%
1958$20.66-0.29%
1959$20.840.87%
1960$21.151.49%
1961$21.180.14%
1962$21.310.61%
1963$21.500.89%
1964$21.670.79%
1965$21.881.00%
1966$22.191.38%
1967$22.631.98%
1968$23.212.56%
1969$23.802.56%
1970$24.593.34%
1971$25.493.64%
1972$25.700.84%
1973$26.091.49%
1974$28.629.70%
1975$31.6710.67%
1976$32.442.44%
1977$32.931.50%
1978$34.755.53%
1979$38.3810.45%
1980$42.3110.24%
1981$45.377.22%
1982$47.514.72%
1983$50.265.78%
1984$52.013.48%
1985$53.302.49%
1986$54.291.85%
1987$55.341.95%
1988$57.093.16%
1989$59.013.36%
1990$61.704.56%
1991$69.1112.01%
1992$71.653.67%
1993$71.49-0.21%
1994$71.610.17%
1995$71.830.31%
1996$73.612.48%
1997$73.970.49%
1998$74.120.20%
1999$75.842.33%
2000$78.303.24%
2001$80.252.48%
2002$82.232.47%
2003$84.122.30%
2004$87.183.63%
2005$88.051.00%
2006$88.931.00%
2007$91.923.37%
2008$95.023.36%
2009$98.583.75%
2010$100.351.80%
2011$101.791.43%
2012$103.641.82%
2013$105.381.68%
2014$106.741.29%
2015$107.350.58%
2016$109.301.82%
2017$111.301.82%
2018$112.811.36%
2019$114.881.84%
2020$118.853.45%
2021$120.961.77%
2022$126.994.99%
2023$133.064.78%*

* 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 Beer, ale, and other malt beverages at home:

Year195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI38.60039.08040.36040.06040.76041.50041.38041.74042.36042.42042.68043.06043.40043.83344.44045.32046.48047.66949.26251.05451.48552.25457.32363.43864.98565.96269.60876.88584.75490.87795.169100.669104.169106.762108.738110.854114.354118.200123.585138.423143.508143.200143.438143.877147.438148.162148.462151.915156.838160.731164.708168.500174.623176.362178.123184.125190.320197.448201.000203.878207.581211.069213.790215.026218.937222.924225.956230.114238.062242.278254.360266.521

Adjust beer, ale, and other malt beverages at home prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1955 * 1955 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Beer, ale, and other malt beverages at home was 40.060 in the year 1955 and 266.521 in 2023:

266.521 / 40.060 * $20 = $133.06

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1955 has the same "purchasing power" as $133.06 in 2023 (in the CPI category of Beer, ale, and other malt beverages at home).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Beer, ale, and other malt beverages at home in 1952. In addition to beer, ale, and other malt beverages at 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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