Beer, ale, and other malt beverages away from home priced at $20 in 2016 $21.76 in 2021

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

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Prices for Beer, Ale, And Other Malt Beverages Away From Home, 2016-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for beer, ale, and other malt beverages away from home were 8.78% higher in 2021 versus 2016 (a $1.76 difference in value).

Between 2016 and 2021: Beer, ale, and other malt beverages away from home experienced an average inflation rate of 1.70% per year. In other words, beer, ale, and other malt beverages away from home costing $20 in the year 2016 would cost $21.76 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.01% during this same period, inflation for beer, ale, and other malt beverages away from home was lower.

In the year 2016: Pricing changed by 1.73%, which is above the average yearly change for beer, ale, and other malt beverages away from home during the 2016-2021 time period. Compared to inflation for all items in 2016 (1.26%), 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: 2006 (4.46%), 2008 (3.92%), and 2007 (3.81%).

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

Year 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
CPI 100.000 100.892 103.885 107.262 110.208 113.438 116.969 121.054 124.077 129.608 134.542 139.817 143.517 147.233 150.848 153.640 157.392 160.431 163.567 166.397 170.501 173.547 174.959 177.451 181.003

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Buying power of $20 since 2016

Below are calculations of equivalent buying power for Beer, ale, and other malt beverages away from home, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2016 $20.00 1.73%
2017 $20.49 2.47%
2018 $20.86 1.79%
2019 $21.03 0.81%
2020 $21.33 1.42%
2021 $21.76 2.00%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for beer, ale, and other malt beverages away from home, 2016-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2016 * 2016 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Beer, ale, and other malt beverages away from home was 166.397 in the year 2016 and 181.003 in 2021:

181.003 / 166.397 * $20 = $21.76

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $21.76 in 2021 (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.

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