Carbonated drinks priced at $20 in 2018 $26.87 in 2023

Carbonated Drinks Inflation Calculator

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Prices for Carbonated Drinks, 2018-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for carbonated drinks are 34.37% higher in 2023 versus 2018 (a $6.87 difference in value).

Between 2018 and 2023: Carbonated drinks experienced an average inflation rate of 6.09% per year. This rate of change indicates significant inflation. In other words, carbonated drinks costing $20 in the year 2018 would cost $26.87 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.62% during this same period, inflation for carbonated drinks was higher.

In the year 2018: Pricing changed by 1.26%, which is significantly below the average yearly change for carbonated drinks during the 2018-2023 time period. Compared to inflation for all items in 2018 (2.44%), 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 2018

Below are calculations of equivalent buying power for Carbonated drinks, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2018$20.001.26%
2019$20.713.57%
2020$21.865.56%
2021$22.713.89%
2022$25.1210.61%
2023$26.876.96%*

* 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:

Year1978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI70.84677.33186.60895.28597.862100.269101.846102.838103.615105.715105.708108.423112.108113.015114.908115.869115.723119.523119.900118.262117.462118.785123.385125.400125.585125.585127.885131.900134.200140.138146.970154.082154.676158.760160.959159.528158.832159.645161.075161.619163.661169.500178.916185.875205.595219.906

Adjust carbonated drinks prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2018 * 2018 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Carbonated drinks was 163.661 in the year 2018 and 219.906 in 2023:

219.906 / 163.661 * $20 = $26.87

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $26.87 in 2023 (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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