Distilled spirits away from home priced at $20 in 2004 $32.80 in 2021

Distilled Spirits Away From Home Inflation Calculator

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Prices for Distilled Spirits Away From Home, 2004-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for distilled spirits away from home were 64.02% higher in 2021 versus 2004 (a $12.80 difference in value).

Between 2004 and 2021: Distilled spirits away from home experienced an average inflation rate of 2.95% per year. This rate of change indicates significant inflation. In other words, distilled spirits away from home costing $20 in the year 2004 would cost $32.80 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.93% during this same period, inflation for distilled spirits away from home was higher.

In the year 2004: Pricing changed by 4%, which is above the average yearly change for distilled spirits away from home during the 2004-2021 time period. Compared to inflation for all items in 2004 (2.68%), 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: 2007 (4.88%), 2008 (4.85%), and 2001 (4.55%).

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
CPI 100.000 101.277 103.877 107.569 112.462 115.877 120.008 124.808 129.031 134.285 140.844 147.671 150.414 152.862 157.430 163.496 168.048 171.147 176.945 182.417 185.586 189.652 190.926 199.139 204.712

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Buying power of $20 since 2004

Below are calculations of equivalent buying power for Distilled spirits away from home, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2004 $20.00 4.00%
2005 $20.68 3.38%
2006 $21.52 4.07%
2007 $22.57 4.88%
2008 $23.66 4.85%
2009 $24.10 1.86%
2010 $24.50 1.63%
2011 $25.23 2.99%
2012 $26.20 3.85%
2013 $26.93 2.78%
2014 $27.43 1.84%
2015 $28.35 3.39%
2016 $29.23 3.09%
2017 $29.74 1.74%
2018 $30.39 2.19%
2019 $30.60 0.67%
2020 $31.91 4.30%
2021 $32.80 2.80%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for distilled spirits away from home, 2004-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2004 * 2004 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Distilled spirits away from home was 124.808 in the year 2004 and 204.712 in 2021:

204.712 / 124.808 * $20 = $32.80

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2004 has the same "purchasing power" as $32.80 in 2021 (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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