Nonalcholic beverages priced at $5 in 1947 $92.05 in 2024

Nonalcholic Beverages Inflation Calculator

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Prices for Nonalcholic Beverages, 1947-2024 ($5)

According to the U.S. Bureau of Labor Statistics, prices for nonalcoholic beverages and beverage materials are 1,740.95% higher in 2024 versus 1947 (a $87.05 difference in value).

Between 1947 and 2024: Nonalcholic beverages experienced an average inflation rate of 3.86% per year. This rate of change indicates significant inflation. In other words, nonalcholic beverages costing $5 in the year 1947 would cost $92.05 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.49% during this same period, inflation for nonalcholic beverages was higher.

Price Inflation for Nonalcoholic beverages and beverage materials since 1947

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1977 (50.64%), 1950 (41.57%), and 1976 (19.58%).

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Buying power of $5.00 since 1947

Below are calculations of equivalent buying power for Nonalcholic beverages, over time, for $5 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1947$5.00-
1948$5.499.71%
1949$5.917.74%
1950$8.3741.57%
1951$9.2310.26%
1952$9.280.63%
1953$9.532.70%
1954$11.3318.89%
1955$10.14-10.50%
1956$10.604.50%
1957$10.53-0.64%
1958$9.79-7.08%
1959$8.89-9.17%
1960$8.82-0.76%
1961$8.830.04%
1962$8.69-1.49%
1963$8.811.29%
1964$9.8712.08%
1965$9.80-0.72%
1966$9.74-0.66%
1967$9.66-0.83%
1968$9.851.96%
1969$10.102.58%
1970$11.3212.10%
1971$11.743.66%
1972$11.70-0.27%
1973$12.577.42%
1974$15.0219.46%
1975$17.2715.01%
1976$20.6619.58%
1977$31.1250.64%
1978$32.905.72%
1979$34.534.96%
1980$38.2010.64%
1981$39.824.24%
1982$40.942.82%
1983$41.711.87%
1984$42.762.51%
1985$43.591.96%
1986$46.145.86%
1987$44.93-2.63%
1988$44.950.04%
1989$46.523.51%
1990$47.462.01%
1991$47.700.51%
1992$47.760.13%
1993$47.900.29%
1994$51.497.48%
1995$55.066.94%
1996$53.74-2.39%
1997$55.753.74%
1998$55.60-0.27%
1999$56.140.96%
2000$57.592.58%
2001$58.191.04%
2002$58.190.01%
2003$58.440.43%
2004$58.670.39%
2005$60.342.86%
2006$61.602.08%
2007$64.144.11%
2008$66.904.31%
2009$68.151.87%
2010$67.55-0.88%
2011$69.723.21%
2012$70.481.09%
2013$69.77-1.00%
2014$69.40-0.54%
2015$70.181.13%
2016$69.92-0.37%
2017$70.040.18%
2018$70.050.02%
2019$71.411.94%
2020$73.963.57%
2021$76.012.78%
2022$84.3811.01%
2023$90.297.00%
2024$92.051.95%*

* 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 Nonalcoholic beverages and beverage materials:

Year194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI11.96213.12314.13820.01522.06922.20822.80827.11524.26925.36225.20023.41521.26921.10821.11520.80021.06923.61523.44623.29223.10023.55424.16227.08528.07728.00030.07735.93141.32349.41574.43878.70082.60091.38595.26297.94699.777102.285104.285110.392107.492107.531111.300113.538114.115114.262114.592123.169131.723128.569133.377133.015134.292137.762139.200139.215139.815140.354144.362147.369153.432160.045163.034161.602166.790168.606166.917166.016167.896167.267167.561167.590170.835176.927181.838201.864215.993220.206

Adjust nonalcholic beverages prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1947 * 1947 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Nonalcoholic beverages and beverage materials was 11.962 in the year 1947 and 220.206 in 2024:

220.206 / 11.962 * $5 = $92.05

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 1947 has the same "purchasing power" as $92.05 in 2024 (in the CPI category of Nonalcoholic beverages and beverage materials).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Nonalcoholic beverages and beverage materials in 1947. In addition to nonalcholic beverages, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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