Other beverage materials including tea priced at $20 in 2000 $28.93 in 2023

Other Beverage Materials Including Tea Inflation Calculator

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Prices for Other Beverage Materials Including Tea, 2000-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other beverage materials including tea are 44.65% higher in 2023 versus 2000 (a $8.93 difference in value).

Between 2000 and 2023: Other beverage materials including tea experienced an average inflation rate of 1.62% per year. In other words, other beverage materials including tea costing $20 in the year 2000 would cost $28.93 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for other beverage materials including tea was lower.

In the year 2000: Pricing changed by 3.15%, which is above the average yearly change for other beverage materials including tea during the 2000-2023 time period. Compared to inflation for all items in 2000 (3.38%), inflation for other beverage materials including tea was lower.

Price Inflation for Other beverage materials including tea since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (7.44%), 2023 (7.16%), and 2000 (3.15%).

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Buying power of $20.00 since 2000

Below are calculations of equivalent buying power for Other beverage materials including tea, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2000$20.003.15%
2001$20.613.04%
2002$20.911.47%
2003$21.060.71%
2004$21.110.25%
2005$21.441.54%
2006$21.691.17%
2007$22.302.83%
2008$22.872.54%
2009$23.141.21%
2010$23.230.36%
2011$23.370.62%
2012$23.480.46%
2013$23.741.13%
2014$23.880.58%
2015$23.81-0.30%
2016$23.930.50%
2017$23.930.00%
2018$23.940.05%
2019$24.221.17%
2020$24.691.92%
2021$25.131.78%
2022$27.007.44%
2023$28.937.16%*

* 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 Other beverage materials including tea:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.000101.969104.162107.438110.708112.331113.131113.415115.162116.508119.800122.839124.322124.770125.547126.125127.555128.288127.908128.553128.552128.619130.118132.622134.985145.027155.408

Adjust other beverage materials including tea prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2000 * 2000 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Other beverage materials including tea was 107.438 in the year 2000 and 155.408 in 2023:

155.408 / 107.438 * $20 = $28.93

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $28.93 in 2023 (in the CPI category of Other beverage materials including tea).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other beverage materials including tea in 1997. In addition to other beverage materials including tea, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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