Beer, ale, and other malt beverages away from home priced at $20 in 2014 $23.85 in 2022

Beer, Ale, And Other Malt Beverages Away From Home Inflation Calculator

$

Prices for Beer, Ale, And Other Malt Beverages Away From Home, 2014-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for beer, ale, and other malt beverages away from home are 19.23% higher in 2022 versus 2014 (a $3.85 difference in value).

Between 2014 and 2022: Beer, ale, and other malt beverages away from home experienced an average inflation rate of 2.22% per year. This rate of change indicates significant inflation. In other words, beer, ale, and other malt beverages away from home costing $20 in the year 2014 would cost $23.85 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for beer, ale, and other malt beverages away from home was lower.

In the year 2014: Pricing changed by 1.93%, which is below the average yearly change for beer, ale, and other malt beverages away from home during the 2014-2022 time period. Compared to inflation for all items in 2014 (1.62%), inflation for beer, ale, and other malt beverages away from home was higher.

Price Inflation for Beer, ale, and other malt beverages away from home since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (4.64%), 2006 (4.46%), and 2008 (3.92%).

View price changes for other categories
Admission to sporting events · Houston, Texas · Fish and seafood · Chicago, Illinois · More

Buying power of $20.00 since 2014

Below are calculations of equivalent buying power for Beer, ale, and other malt beverages away from home, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2014$20.001.93%
2015$20.391.96%
2016$20.741.73%
2017$21.262.47%
2018$21.641.79%
2019$21.810.81%
2020$22.121.42%
2021$22.793.01%
2022$23.854.64%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Beer, ale, and other malt beverages away from home:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000100.892103.885107.262110.208113.438116.969121.054124.077129.608134.542139.817143.517147.233150.848153.640157.392160.431163.567166.397170.501173.547174.959177.451182.795191.284

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

Start with the inflation rate formula:

CPI in 2022 / CPI in 2014 * 2014 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Beer, ale, and other malt beverages away from home was 160.431 in the year 2014 and 191.284 in 2022:

191.284 / 160.431 * $20 = $23.85

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $23.85 in 2022 (in the CPI category of Beer, ale, and other malt beverages away from home).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Beer, ale, and other malt beverages away from home in 1997. In addition to beer, ale, and other malt beverages away from home, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.