Carbonated drinks priced at $20 in 1996 $38.39 in 2024

Carbonated Drinks Inflation Calculator

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Prices for Carbonated Drinks, 1996-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for carbonated drinks are 91.97% higher in 2024 versus 1996 (a $18.39 difference in value).

Between 1996 and 2024: Carbonated drinks experienced an average inflation rate of 2.36% per year. This rate of change indicates significant inflation. In other words, carbonated drinks costing $20 in the year 1996 would cost $38.39 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.47% during this same period, inflation for carbonated drinks was lower.

In the year 1996: Pricing changed by 0.32%, which is below the average yearly change for carbonated drinks during the 1996-2024 time period. Compared to inflation for all items in 1996 (2.93%), 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%).

View price changes for other categories
Wine at home · Rent of primary residence · Dental services · Juices and nonalcoholic drinks · More

Buying power of $20.00 since 1996

Below are calculations of equivalent buying power for Carbonated drinks, over time, for $20 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$20.000.32%
1997$19.73-1.37%
1998$19.59-0.68%
1999$19.811.13%
2000$20.583.87%
2001$20.921.63%
2002$20.950.15%
2003$20.950.00% **
2004$21.331.83%
2005$22.003.14%
2006$22.391.74%
2007$23.384.42%
2008$24.524.87%
2009$25.704.84%
2010$25.800.39%
2011$26.482.64%
2012$26.851.39%
2013$26.61-0.89%
2014$26.49-0.44%
2015$26.630.51%
2016$26.870.90%
2017$26.960.34%
2018$27.301.26%
2019$28.273.57%
2020$29.845.56%
2021$31.003.89%
2022$34.2910.61%
2023$36.967.76%
2024$38.393.89%*

* 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
CPI70.84677.33186.60895.28597.862100.269101.846102.838103.615105.715105.708108.423112.108113.015114.908115.869115.723119.523119.900118.262117.462118.785123.385125.400125.585125.585127.885131.900134.200140.138146.970154.082154.676158.760160.959159.528158.832159.645161.075161.619163.661169.500178.916185.875205.595221.557230.177

Adjust carbonated drinks prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1996 * 1996 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Carbonated drinks was 119.900 in the year 1996 and 230.177 in 2024:

230.177 / 119.900 * $20 = $38.39

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1996 has the same "purchasing power" as $38.39 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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