Tobacco and smoking products price history from 1986 through 2020

Tobacco And Smoking Products Inflation Calculator

Prices for Tobacco And Smoking Products, 1986-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for tobacco and smoking products were 825.35% higher in 2020 versus 1986 (a $165.07 difference in value).

Between 1986 and 2020: Tobacco and smoking products experienced an average inflation rate of 6.76% per year. This rate of change indicates significant inflation. In other words, tobacco and smoking products costing $20 in the year 1986 would cost $185.07 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for tobacco and smoking products was significantly higher.

Price Inflation for Tobacco and smoking products since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1999 (29.48%), 2009 (24.06%), and 1989 (12.82%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tobacco and smoking products:

Year	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
CPI	124.733	133.642	145.783	164.475	181.575	202.742	219.842	228.308	219.992	225.742	232.750	243.692	274.775	355.792	394.908	425.208	461.500	468.992	477.983	502.758	519.858	554.184	588.682	730.316	807.314	834.828	853.454	876.825	903.297	930.856	963.381	1022.773	1063.413	1115.904	1154.219

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Buying power of $20 since 1986

Below are calculations of equivalent buying power for Tobacco and smoking products, over time, for $20 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1986	$20.00	-
1987	$21.43	7.14%
1988	$23.38	9.09%
1989	$26.37	12.82%
1990	$29.11	10.40%
1991	$32.51	11.66%
1992	$35.25	8.43%
1993	$36.61	3.85%
1994	$35.27	-3.64%
1995	$36.20	2.61%
1996	$37.32	3.10%
1997	$39.07	4.70%
1998	$44.06	12.76%
1999	$57.05	29.48%
2000	$63.32	10.99%
2001	$68.18	7.67%
2002	$74.00	8.54%
2003	$75.20	1.62%
2004	$76.64	1.92%
2005	$80.61	5.18%
2006	$83.36	3.40%
2007	$88.86	6.60%
2008	$94.39	6.23%
2009	$117.10	24.06%
2010	$129.45	10.54%
2011	$133.86	3.41%
2012	$136.84	2.23%
2013	$140.59	2.74%
2014	$144.84	3.02%
2015	$149.26	3.05%
2016	$154.47	3.49%
2017	$163.99	6.16%
2018	$170.51	3.97%
2019	$178.93	4.94%
2020	$185.07	3.43%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for tobacco and smoking products, 1986-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1986 * 1986 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Tobacco and smoking products was 124.733 in the year 1986 and 1154.219 in 2020:

1154.219 / 124.733 * $20 = $185.07

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1986 has the same "purchasing power" as $185.07 in 2020 (in the CPI category of Tobacco and smoking products).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Tobacco and smoking products in 1986. In addition to tobacco and smoking products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.