According to the U.S. Bureau of Labor Statistics, prices for distilled spirits away from home are 134.41% higher in 2024 versus 1998 (a $26.88 difference in value).
Between 1998 and 2024: Distilled spirits away from home experienced an average inflation rate of 3.33% per year. This rate of change indicates significant inflation. In other words, distilled spirits away from home costing $20 in the year 1998 would cost $46.88 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for distilled spirits away from home was higher.
In the year 1998: Pricing changed by 1.28%, which is below the average yearly change for distilled spirits away from home during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for distilled spirits away from home was lower.
Below are calculations of equivalent buying power for Distilled spirits away from home, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | 1.28% |
| 1999 | $20.51 | 2.57% |
| 2000 | $21.24 | 3.55% |
| 2001 | $22.21 | 4.55% |
| 2002 | $22.88 | 3.04% |
| 2003 | $23.70 | 3.56% |
| 2004 | $24.65 | 4.00% |
| 2005 | $25.48 | 3.38% |
| 2006 | $26.52 | 4.07% |
| 2007 | $27.81 | 4.88% |
| 2008 | $29.16 | 4.85% |
| 2009 | $29.70 | 1.86% |
| 2010 | $30.19 | 1.63% |
| 2011 | $31.09 | 2.99% |
| 2012 | $32.29 | 3.85% |
| 2013 | $33.19 | 2.78% |
| 2014 | $33.80 | 1.84% |
| 2015 | $34.94 | 3.39% |
| 2016 | $36.02 | 3.09% |
| 2017 | $36.65 | 1.74% |
| 2018 | $37.45 | 2.19% |
| 2019 | $37.70 | 0.67% |
| 2020 | $39.33 | 4.30% |
| 2021 | $40.81 | 3.76% |
| 2022 | $42.81 | 4.91% |
| 2023 | $45.72 | 6.79% |
| 2024 | $46.88 | 2.55%* |
* 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 Distilled spirits away from home:
| 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 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 101.277 | 103.877 | 107.569 | 112.462 | 115.877 | 120.008 | 124.808 | 129.031 | 134.285 | 140.844 | 147.671 | 150.414 | 152.862 | 157.430 | 163.496 | 168.048 | 171.147 | 176.945 | 182.417 | 185.586 | 189.652 | 190.926 | 199.139 | 206.636 | 216.790 | 231.502 | 237.403 |