Cigarettes priced at $5 in 2014 $6.53 in 2020

Cigarettes Inflation Calculator

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Prices for Cigarettes, 2014-2020 ($5)

According to the U.S. Bureau of Labor Statistics, prices for cigarettes were 30.70% higher in 2020 versus 2014 (a $1.53 difference in value).

Between 2014 and 2020: Cigarettes experienced an average inflation rate of 4.56% per year. This rate of change indicates significant inflation. In other words, cigarettes costing $5 in the year 2014 would cost $6.53 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.50% during this same period, inflation for cigarettes was significantly higher.

In the year 2014: Pricing changed by 3.18%, which is below the average yearly change for cigarettes during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation for cigarettes was 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%).

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

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 100.000 109.792 143.769 159.885 172.515 187.692 190.408 193.454 203.462 210.369 224.787 238.951 297.381 329.046 340.026 347.536 357.104 368.444 379.982 393.495 418.274 434.883 457.011 481.555

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Buying power of $5 since 2014

Below are calculations of equivalent buying power for Cigarettes, over time, for $5 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2014 $5.00 3.18%
2015 $5.16 3.13%
2016 $5.34 3.56%
2017 $5.68 6.30%
2018 $5.90 3.97%
2019 $6.20 5.09%
2020 $6.53 5.37%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for cigarettes, 2014-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2014 * 2014 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Cigarettes was 368.444 in the year 2014 and 481.555 in 2020:

481.555 / 368.444 * $5 = $6.53

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 2014 has the same "purchasing power" as $6.53 in 2020 (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.

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