Cigarettes priced at $5 in 1999 $19.09 in 2022

Cigarettes Inflation Calculator

$

Prices for Cigarettes, 1999-2022 ($5)

According to the U.S. Bureau of Labor Statistics, prices for cigarettes are 281.73% higher in 2022 versus 1999 (a $14.09 difference in value).

Between 1999 and 2022: Cigarettes experienced an average inflation rate of 6% per year. This rate of change indicates significant inflation. In other words, cigarettes costing $5 in the year 1999 would cost $19.09 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.43% during this same period, inflation for cigarettes was significantly higher.

In the year 1999: Pricing changed by 30.95%, which is significantly above the average yearly change for cigarettes during the 1999-2022 time period. Compared to inflation for all items in 1999 (2.19%), inflation for cigarettes was much higher.

Price Inflation for Cigarettes since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1999 (30.95%), 2009 (24.45%), and 2000 (11.21%).

View price changes for other categories
Medical care · Juices and nonalcoholic drinks · College tuition and fees · Women's apparel · More

Buying power of $5.00 since 1999

Below are calculations of equivalent buying power for Cigarettes, over time, for $5 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1999$5.0030.95%
2000$5.5611.21%
2001$6.007.90%
2002$6.538.80%
2003$6.621.45%
2004$6.731.60%
2005$7.085.17%
2006$7.323.40%
2007$7.826.85%
2008$8.316.30%
2009$10.3424.45%
2010$11.4410.65%
2011$11.833.34%
2012$12.092.21%
2013$12.422.75%
2014$12.813.18%
2015$13.213.13%
2016$13.683.56%
2017$14.556.30%
2018$15.123.97%
2019$15.895.09%
2020$16.755.37%
2021$18.027.59%
2022$19.095.93%*
* Not final. See inflation summary for latest details.

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

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000109.792143.769159.885172.515187.692190.408193.454203.462210.369224.787238.951297.381329.046340.026347.536357.104368.444379.982393.495418.274434.883457.011481.555518.090548.805

Adjust cigarettes prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1999 * 1999 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Cigarettes was 143.769 in the year 1999 and 548.805 in 2022:

548.805 / 143.769 * $5 = $19.09

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 1999 has the same "purchasing power" as $19.09 in 2022 (in the CPI category of Cigarettes).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Cigarettes in 1997. In addition to cigarettes, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.