Carbonated drinks priced at $20 in 1983 $45.73 in 2024

Carbonated Drinks Inflation Calculator

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Prices for Carbonated Drinks, 1983-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for carbonated drinks are 128.64% higher in 2024 versus 1983 (a $25.73 difference in value).

Between 1983 and 2024: Carbonated drinks experienced an average inflation rate of 2.04% per year. This rate of change indicates significant inflation. In other words, carbonated drinks costing $20 in the year 1983 would cost $45.73 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for carbonated drinks was lower.

In the year 1983: Pricing changed by 2.46%, which is above the average yearly change for carbonated drinks during the 1983-2024 time period. Compared to inflation for all items in 1983 (3.21%), inflation for carbonated drinks was lower.

Price Inflation for Carbonated drinks since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (12%), 2022 (10.61%), and 1981 (10.02%).

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Buying power of $20.00 since 1983

Below are calculations of equivalent buying power for Carbonated drinks, over time, for $20 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$20.002.46%
1984$20.311.57%
1985$20.510.97%
1986$20.670.76%
1987$21.092.03%
1988$21.08-0.01%
1989$21.632.57%
1990$22.363.40%
1991$22.540.81%
1992$22.921.67%
1993$23.110.84%
1994$23.08-0.13%
1995$23.843.28%
1996$23.920.32%
1997$23.59-1.37%
1998$23.43-0.68%
1999$23.691.13%
2000$24.613.87%
2001$25.011.63%
2002$25.050.15%
2003$25.050.00% **
2004$25.511.83%
2005$26.313.14%
2006$26.771.74%
2007$27.954.42%
2008$29.324.87%
2009$30.734.84%
2010$30.850.39%
2011$31.672.64%
2012$32.111.39%
2013$31.82-0.89%
2014$31.68-0.44%
2015$31.840.51%
2016$32.130.90%
2017$32.240.34%
2018$32.641.26%
2019$33.813.57%
2020$35.695.56%
2021$37.083.89%
2022$41.0110.61%
2023$44.197.76%
2024$45.733.47%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Carbonated drinks:

Year19781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI70.84677.33186.60895.28597.862100.269101.846102.838103.615105.715105.708108.423112.108113.015114.908115.869115.723119.523119.900118.262117.462118.785123.385125.400125.585125.585127.885131.900134.200140.138146.970154.082154.676158.760160.959159.528158.832159.645161.075161.619163.661169.500178.916185.875205.595221.557229.254

Adjust carbonated drinks prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1983 * 1983 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Carbonated drinks was 100.269 in the year 1983 and 229.254 in 2024:

229.254 / 100.269 * $20 = $45.73

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1983 has the same "purchasing power" as $45.73 in 2024 (in the CPI category of Carbonated drinks).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Carbonated drinks in 1978. In addition to carbonated drinks, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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