According to the U.S. Bureau of Labor Statistics, prices for other beverage materials including tea were 14.67% higher in 2020 versus 2003 (a $2.93 difference in value).
Between 2003 and 2020: Other beverage materials including tea experienced an average inflation rate of 0.81% per year. In other words, other beverage materials including tea costing $20 in the year 2003 would cost $22.93 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.01% during this same period, inflation for other beverage materials including tea was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other beverage materials including tea:
| Year | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| CPI | 113.142 | 113.433 | 115.150 | 116.508 | 119.805 | 122.840 | 124.327 | 124.778 | 125.542 | 126.125 | 127.555 | 128.288 | 127.908 | 128.553 | 128.552 | 128.619 | 130.118 | 129.740 |
Below are calculations of equivalent buying power for Other beverage materials including tea, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2003 | $20.00 | - |
| 2004 | $20.05 | 0.26% |
| 2005 | $20.36 | 1.51% |
| 2006 | $20.60 | 1.18% |
| 2007 | $21.18 | 2.83% |
| 2008 | $21.71 | 2.53% |
| 2009 | $21.98 | 1.21% |
| 2010 | $22.06 | 0.36% |
| 2011 | $22.19 | 0.61% |
| 2012 | $22.30 | 0.46% |
| 2013 | $22.55 | 1.13% |
| 2014 | $22.68 | 0.58% |
| 2015 | $22.61 | -0.30% |
| 2016 | $22.72 | 0.50% |
| 2017 | $22.72 | 0.00% |
| 2018 | $22.74 | 0.05% |
| 2019 | $23.00 | 1.17% |
| 2020 | $22.93 | -0.29%* |
