Distilled spirits away from home priced at $20 in 2001 $41.93 in 2024

Distilled Spirits Away From Home Inflation Calculator

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Prices for Distilled Spirits Away From Home, 2001-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for distilled spirits away from home are 109.64% higher in 2024 versus 2001 (a $21.93 difference in value).

Between 2001 and 2024: Distilled spirits away from home experienced an average inflation rate of 3.27% per year. This rate of change indicates significant inflation. In other words, distilled spirits away from home costing $20 in the year 2001 would cost $41.93 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for distilled spirits away from home was higher.

In the year 2001: Pricing changed by 4.55%, which is above the average yearly change for distilled spirits away from home during the 2001-2024 time period. Compared to inflation for all items in 2001 (2.83%), inflation for distilled spirits away from home was higher.

Price Inflation for Distilled spirits away from home since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2023 (6.79%), 2022 (4.91%), and 2007 (4.88%).

View price changes for other categories
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Buying power of $20.00 since 2001

Below are calculations of equivalent buying power for Distilled spirits away from home, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$20.004.55%
2002$20.613.04%
2003$21.343.56%
2004$22.204.00%
2005$22.953.38%
2006$23.884.07%
2007$25.054.88%
2008$26.264.85%
2009$26.751.86%
2010$27.181.63%
2011$28.002.99%
2012$29.083.85%
2013$29.892.78%
2014$30.441.84%
2015$31.473.39%
2016$32.443.09%
2017$33.001.74%
2018$33.732.19%
2019$33.950.67%
2020$35.414.30%
2021$36.753.76%
2022$38.554.91%
2023$41.176.79%
2024$41.931.84%*

* 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:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000101.277103.877107.569112.462115.877120.008124.808129.031134.285140.844147.671150.414152.862157.430163.496168.048171.147176.945182.417185.586189.652190.926199.139206.636216.790231.502235.764

Adjust distilled spirits away from home prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2001 * 2001 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Distilled spirits away from home was 112.462 in the year 2001 and 235.764 in 2024:

235.764 / 112.462 * $20 = $41.93

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $41.93 in 2024 (in the CPI category of Distilled spirits away from home).


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

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