Distilled spirits away from home priced at $20 in 2017 $21.46 in 2020

Distilled Spirits Away From Home Inflation Calculator

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Prices for Distilled Spirits Away From Home, 2017-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for distilled spirits away from home were 7.30% higher in 2020 versus 2017 (a $1.46 difference in value).

Between 2017 and 2020: Distilled spirits away from home experienced an average inflation rate of 2.38% per year. This rate of change indicates significant inflation. In other words, distilled spirits away from home costing $20 in the year 2017 would cost $21.46 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.83% during this same period, inflation for distilled spirits away from home was higher.

In the year 2017: Pricing changed by 1.74%, which is below the average yearly change for distilled spirits away from home during the 2017-2020 time period. Compared to inflation for all items in 2017 (2.13%), inflation for distilled spirits away from home was lower.

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
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

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Buying power of $20 since 2017

Below are calculations of equivalent buying power for Distilled spirits away from home, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2017 $20.00 1.74%
2018 $20.44 2.19%
2019 $20.58 0.67%
2020 $21.46 4.30%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for distilled spirits away from home, 2017-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2017 * 2017 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Distilled spirits away from home was 185.586 in the year 2017 and 199.139 in 2020:

199.139 / 185.586 * $20 = $21.46

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2017 has the same "purchasing power" as $21.46 in 2020 (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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