According to the U.S. Bureau of Labor Statistics, prices for instant coffee are 677.50% higher in 2024 versus 1962 (a $135.50 difference in value).
Between 1962 and 2024: Instant coffee experienced an average inflation rate of 3.36% per year. This rate of change indicates significant inflation. In other words, instant coffee costing $20 in the year 1962 would cost $155.50 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.84% during this same period, inflation for instant coffee was lower.
In the year 1962: Pricing changed by -2.49%, which is significantly below the average yearly change for instant coffee during the 1962-2024 time period. Compared to inflation for all items in 1962 (1.18%), inflation for instant coffee was much lower.
Below are calculations of equivalent buying power for Instant coffee, over time, for $20 beginning in 1962. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1962 | $20.00 | -2.49% |
1963 | $20.33 | 1.66% |
1964 | $23.64 | 16.26% |
1965 | $21.13 | -10.63% |
1966 | $20.24 | -4.17% |
1967 | $20.02 | -1.13% |
1968 | $20.35 | 1.68% |
1969 | $21.35 | 4.92% |
1970 | $23.92 | 12.02% |
1971 | $24.95 | 4.32% |
1972 | $24.83 | -0.48% |
1973 | $26.31 | 5.93% |
1974 | $31.57 | 20.01% |
1975 | $35.64 | 12.88% |
1976 | $45.49 | 27.65% |
1977 | $68.77 | 51.17% |
1978 | $72.38 | 5.24% |
1979 | $69.30 | -4.24% |
1980 | $75.27 | 8.61% |
1981 | $67.49 | -10.33% |
1982 | $68.78 | 1.90% |
1983 | $70.17 | 2.02% |
1984 | $73.14 | 4.24% |
1985 | $75.84 | 3.69% |
1986 | $91.78 | 21.02% |
1987 | $85.21 | -7.16% |
1988 | $83.22 | -2.34% |
1989 | $83.68 | 0.55% |
1990 | $83.33 | -0.41% |
1991 | $82.76 | -0.69% |
1992 | $81.02 | -2.10% |
1993 | $80.56 | -0.57% |
1994 | $95.10 | 18.05% |
1995 | $107.89 | 13.45% |
1996 | $104.30 | -3.33% |
1997 | $108.69 | 4.21% |
1998 | $109.00 | 0.28% |
1999 | $113.36 | 4.01% |
2000 | $113.21 | -0.13% |
2001 | $115.11 | 1.67% |
2002 | $115.83 | 0.63% |
2003 | $116.25 | 0.37% |
2004 | $117.44 | 1.02% |
2005 | $124.56 | 6.07% |
2006 | $126.47 | 1.53% |
2007 | $133.71 | 5.72% |
2008 | $144.70 | 8.22% |
2009 | $142.01 | -1.86% |
2010 | $140.70 | -0.92% |
2011 | $149.43 | 6.20% |
2012 | $151.54 | 1.41% |
2013 | $146.83 | -3.11% |
2014 | $145.07 | -1.20% |
2015 | $143.89 | -0.82% |
2016 | $139.47 | -3.07% |
2017 | $139.48 | 0.00% |
2018 | $132.92 | -4.70% |
2019 | $133.62 | 0.53% |
2020 | $131.75 | -1.40% |
2021 | $133.35 | 1.22% |
2022 | $147.78 | 10.82% |
2023 | $154.40 | 4.48% |
2024 | $155.50 | 0.71%* |
* 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 Instant coffee:
Year | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 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 | 2021 | 2022 | 2023 | 2024 |
CPI | 29.014 | 28.292 | 28.762 | 33.438 | 29.885 | 28.638 | 28.315 | 28.792 | 30.208 | 33.838 | 35.300 | 35.131 | 37.215 | 44.662 | 50.415 | 64.354 | 97.285 | 102.385 | 98.038 | 106.477 | 95.477 | 97.292 | 99.262 | 103.469 | 107.285 | 129.838 | 120.546 | 117.723 | 118.369 | 117.885 | 117.077 | 114.615 | 113.962 | 134.531 | 152.623 | 147.538 | 153.754 | 154.190 | 160.367 | 160.154 | 162.831 | 163.854 | 164.454 | 166.131 | 176.208 | 178.908 | 189.145 | 204.694 | 200.884 | 199.038 | 211.388 | 214.372 | 207.707 | 205.218 | 203.545 | 197.301 | 197.304 | 188.031 | 189.023 | 186.379 | 188.645 | 209.055 | 218.413 | 219.973 |