Beverage materials including coffee and tea priced at $20 in 2005 $23.19 in 2021

Beverage Materials Including Coffee And Tea Inflation Calculator

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Prices for Beverage Materials Including Coffee And Tea, 2005-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for beverage materials including coffee and tea were 15.94% higher in 2021 versus 2005 (a $3.19 difference in value).

Between 2005 and 2021: Beverage materials including coffee and tea experienced an average inflation rate of 0.93% per year. In other words, beverage materials including coffee and tea costing $20 in the year 2005 would cost $23.19 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.84% during this same period, inflation for beverage materials including coffee and tea was lower.

In the year 2005: Pricing changed by 4.99%, which is significantly above the average yearly change for beverage materials including coffee and tea during the 2005-2021 time period. Compared to inflation for all items in 2005 (3.39%), inflation for beverage materials including coffee and tea was higher.

Price Inflation for Beverage materials including coffee and tea since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2011 (7.45%), 2005 (4.99%), and 2008 (4.21%).

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

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 98.638 96.769 97.938 96.992 96.315 97.362 97.554 102.423 104.077 108.221 112.780 113.254 113.967 122.458 123.663 119.803 118.856 120.371 118.348 118.292 116.709 116.563 117.751 118.748

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Buying power of $20 since 2005

Below are calculations of equivalent buying power for Beverage materials including coffee and tea, over time, for $20 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2005 $20.00 4.99%
2006 $20.32 1.61%
2007 $21.13 3.98%
2008 $22.02 4.21%
2009 $22.11 0.42%
2010 $22.25 0.63%
2011 $23.91 7.45%
2012 $24.15 0.98%
2013 $23.39 -3.12%
2014 $23.21 -0.79%
2015 $23.50 1.28%
2016 $23.11 -1.68%
2017 $23.10 -0.05%
2018 $22.79 -1.34%
2019 $22.76 -0.12%
2020 $22.99 1.02%
2021 $23.19 0.85%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for beverage materials including coffee and tea, 2005-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2005 * 2005 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Beverage materials including coffee and tea was 102.423 in the year 2005 and 118.748 in 2021:

118.748 / 102.423 * $20 = $23.19

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2005 has the same "purchasing power" as $23.19 in 2021 (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 1997. 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.

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