According to the U.S. Bureau of Labor Statistics, prices for beverage materials including coffee and tea were 4.20% higher in 2021 versus 2010 (a $0.84 difference in value).
Between 2010 and 2021: Beverage materials including coffee and tea experienced an average inflation rate of 0.37% per year. In other words, beverage materials including coffee and tea costing $20 in the year 2010 would cost $20.84 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.67% during this same period, inflation for beverage materials including coffee and tea was lower.
In the year 2010: Pricing changed by 0.63%, which is above the average yearly change for beverage materials including coffee and tea during the 2010-2021 time period. Compared to inflation for all items in 2010 (1.64%), inflation for beverage materials including coffee and tea was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Beverage materials including coffee and tea:
Below are calculations of equivalent buying power for Beverage materials including coffee and tea, over time, for $20 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|