According to the U.S. Bureau of Labor Statistics, prices for beer, ale, and other malt beverages at home are 564.99% higher in 2024 versus 1958 (a $113 difference in value).
Between 1958 and 2024: Beer, ale, and other malt beverages at home experienced an average inflation rate of 2.91% 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 1958 would cost $133 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.68% during this same period, inflation for beer, ale, and other malt beverages at home was lower.
In the year 1958: Pricing changed by -0.29%, which is significantly below the average yearly change for beer, ale, and other malt beverages at home during the 1958-2024 time period. Compared to inflation for all items in 1958 (2.74%), inflation for beer, ale, and other malt beverages at home was much lower.
Below are calculations of equivalent buying power for Beer, ale, and other malt beverages at home, over time, for $20 beginning in 1958. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1958 | $20.00 | -0.29% |
1959 | $20.17 | 0.87% |
1960 | $20.47 | 1.49% |
1961 | $20.50 | 0.14% |
1962 | $20.63 | 0.61% |
1963 | $20.81 | 0.89% |
1964 | $20.98 | 0.79% |
1965 | $21.19 | 1.00% |
1966 | $21.48 | 1.38% |
1967 | $21.90 | 1.98% |
1968 | $22.46 | 2.56% |
1969 | $23.04 | 2.56% |
1970 | $23.81 | 3.34% |
1971 | $24.68 | 3.64% |
1972 | $24.88 | 0.84% |
1973 | $25.26 | 1.49% |
1974 | $27.71 | 9.70% |
1975 | $30.66 | 10.67% |
1976 | $31.41 | 2.44% |
1977 | $31.88 | 1.50% |
1978 | $33.64 | 5.53% |
1979 | $37.16 | 10.45% |
1980 | $40.96 | 10.24% |
1981 | $43.92 | 7.22% |
1982 | $46.00 | 4.72% |
1983 | $48.66 | 5.78% |
1984 | $50.35 | 3.48% |
1985 | $51.60 | 2.49% |
1986 | $52.56 | 1.85% |
1987 | $53.58 | 1.95% |
1988 | $55.27 | 3.16% |
1989 | $57.13 | 3.36% |
1990 | $59.73 | 4.56% |
1991 | $66.90 | 12.01% |
1992 | $69.36 | 3.67% |
1993 | $69.21 | -0.21% |
1994 | $69.33 | 0.17% |
1995 | $69.54 | 0.31% |
1996 | $71.26 | 2.48% |
1997 | $71.61 | 0.49% |
1998 | $71.76 | 0.20% |
1999 | $73.42 | 2.33% |
2000 | $75.80 | 3.24% |
2001 | $77.69 | 2.48% |
2002 | $79.61 | 2.47% |
2003 | $81.44 | 2.30% |
2004 | $84.40 | 3.63% |
2005 | $85.24 | 1.00% |
2006 | $86.09 | 1.00% |
2007 | $88.99 | 3.37% |
2008 | $91.99 | 3.36% |
2009 | $95.43 | 3.75% |
2010 | $97.15 | 1.80% |
2011 | $98.54 | 1.43% |
2012 | $100.33 | 1.82% |
2013 | $102.01 | 1.68% |
2014 | $103.33 | 1.29% |
2015 | $103.93 | 0.58% |
2016 | $105.82 | 1.82% |
2017 | $107.74 | 1.82% |
2018 | $109.21 | 1.36% |
2019 | $111.22 | 1.84% |
2020 | $115.06 | 3.45% |
2021 | $117.10 | 1.77% |
2022 | $122.94 | 4.99% |
2023 | $129.25 | 5.14% |
2024 | $133.00 | 2.90%* |
* 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:
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 | 2022 | 2023 | 2024 |
CPI | 38.600 | 39.080 | 40.360 | 40.060 | 40.760 | 41.500 | 41.380 | 41.740 | 42.360 | 42.420 | 42.680 | 43.060 | 43.400 | 43.833 | 44.440 | 45.320 | 46.480 | 47.669 | 49.262 | 51.054 | 51.485 | 52.254 | 57.323 | 63.438 | 64.985 | 65.962 | 69.608 | 76.885 | 84.754 | 90.877 | 95.169 | 100.669 | 104.169 | 106.762 | 108.738 | 110.854 | 114.354 | 118.200 | 123.585 | 138.423 | 143.508 | 143.200 | 143.438 | 143.877 | 147.438 | 148.162 | 148.462 | 151.915 | 156.838 | 160.731 | 164.708 | 168.500 | 174.623 | 176.362 | 178.123 | 184.125 | 190.320 | 197.448 | 201.000 | 203.878 | 207.581 | 211.069 | 213.790 | 215.026 | 218.937 | 222.924 | 225.956 | 230.114 | 238.062 | 242.278 | 254.360 | 267.426 | 275.175 |