Distilled spirits at home price history from 2016 through 2020

Distilled Spirits At Home Inflation Calculator

Prices for Distilled Spirits At Home, 2016-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for distilled spirits at home were 1.49% higher in 2020 versus 2016 (a $0.30 difference in value).

Between 2016 and 2020: Distilled spirits at home experienced an average inflation rate of 0.37% per year. In other words, distilled spirits at home costing $20 in the year 2016 would cost $20.30 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for distilled spirits at home was lower.

In the year 2016: Pricing changed by 0.36%, which is below the average yearly change for distilled spirits at home during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for distilled spirits at home was lower.

Price Inflation for Distilled spirits at home since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1991 (10.77%), 1986 (7.65%), and 1981 (5.60%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Distilled spirits at home:

Year	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	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	82.023	85.115	89.831	94.862	98.192	100.377	101.438	105.269	113.323	114.469	116.092	119.885	125.662	139.200	141.538	143.231	144.262	145.700	147.538	150.777	152.708	156.177	162.277	167.969	171.392	173.115	175.285	177.400	179.654	180.984	185.032	189.207	188.781	188.970	188.919	191.033	192.392	192.607	193.291	192.505	191.962	194.772	196.176

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Buying power of $20 since 2016

Below are calculations of equivalent buying power for Distilled spirits at home, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2016	$20.00	0.36%
2017	$19.92	-0.41%
2018	$19.86	-0.28%
2019	$20.15	1.46%
2020	$20.30	0.72%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for distilled spirits at home, 2016-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2016 * 2016 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Distilled spirits at home was 193.291 in the year 2016 and 196.176 in 2020:

196.176 / 193.291 * $20 = $20.30

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $20.30 in 2020 (in the CPI category of Distilled spirits at home).

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