Beverage materials including coffee and tea priced at $20 in 2018 $20 in 2019

Beverage Materials Including Coffee And Tea Inflation Calculator

$

Prices for Beverage Materials Including Coffee And Tea, 2018-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for beverage materials including coffee and tea were 0.01% higher in 2019 versus 2018 (a $0 difference in value).

Between 2018 and 2019: Beverage materials including coffee and tea experienced an average inflation rate of 0.01% per year. In other words, beverage materials including coffee and tea costing $20 in the year 2018 would cost $20 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for beverage materials including coffee and tea was lower.

Price Inflation for Beverage materials including coffee and tea since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: and 2019 (0.01%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Beverage materials including coffee and tea:

Year 2018 2019
CPI 116.709 116.717

View price changes for other categories
San Diego, California · Airline fares · Baby food · Gasoline (all types) · More

Buying power of $20 since 2018

Below are calculations of equivalent buying power for Beverage materials including coffee and tea, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2018 $20.00 -
2019 $20.00 0.01%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for beverage materials including coffee and tea, 2018-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2018 * 2018 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Beverage materials including coffee and tea was 116.709 in the year 2018 and 116.717 in 2019:

116.717 / 116.709 * $20 = $20

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $20 in 2019 (in the CPI category of Beverage materials including coffee and tea).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Beverage materials including coffee and tea in 2018. In addition to beverage materials including coffee and tea, 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.