Tobacco and smoking products priced at $20 in 1982 $355.51 in 2024

Tobacco And Smoking Products Inflation Calculator

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Prices for Tobacco And Smoking Products, 1982-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for tobacco and smoking products are 1,677.53% higher in 2024 versus 1982 (a $335.51 difference in value).

Between 1982 and 2024: Tobacco and smoking products experienced an average inflation rate of 7.09% per year. This rate of change indicates significant inflation. In other words, tobacco and smoking products costing $20 in the year 1982 would cost $355.51 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.85% during this same period, inflation for tobacco and smoking products was significantly higher.

In the year 1982: Pricing changed by 11.25%, which is significantly above the average yearly change for tobacco and smoking products during the 1982-2024 time period. Compared to inflation for all items in 1982 (6.13%), inflation for tobacco and smoking products was much higher.

Price Inflation for Tobacco and smoking products since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1999 (29.48%), 2009 (24.06%), and 1983 (19.50%).

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Buying power of $20.00 since 1982

Below are calculations of equivalent buying power for Tobacco and smoking products, over time, for $20 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1982$20.0011.25%
1983$23.9019.50%
1984$25.476.56%
1985$26.985.93%
1986$28.836.88%
1987$30.897.15%
1988$33.709.10%
1989$38.0212.80%
1990$41.9710.39%
1991$46.8711.68%
1992$50.828.44%
1993$52.803.89%
1994$50.87-3.66%
1995$52.192.59%
1996$53.813.11%
1997$56.344.70%
1998$63.5312.76%
1999$82.2629.48%
2000$91.3010.99%
2001$98.317.67%
2002$106.708.54%
2003$108.431.62%
2004$110.511.92%
2005$116.245.18%
2006$120.193.40%
2007$128.126.60%
2008$136.106.23%
2009$168.8424.06%
2010$186.6510.55%
2011$192.993.40%
2012$197.312.24%
2013$202.722.74%
2014$208.843.02%
2015$215.213.05%
2016$222.733.49%
2017$236.466.17%
2018$245.863.98%
2019$258.004.94%
2020$270.864.98%
2021$290.487.24%
2022$311.537.25%
2023$331.936.55%
2024$355.517.10%*

* 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 Tobacco and smoking products:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI13.80013.70014.20014.20014.50015.00015.20015.70016.50016.90017.60018.20019.78820.78021.32021.74022.48023.52024.66024.90025.00025.56026.34027.06028.24029.06029.30029.54030.52031.20032.86734.28035.50837.72339.76943.05444.92347.36248.66951.06254.68557.03159.75462.99266.76971.96977.76286.508103.377110.154116.685124.708133.623145.785164.438181.523202.723219.831228.392220.031225.738232.754243.692274.777355.792394.908425.208461.500468.992477.985502.762519.862554.184588.682730.316807.330834.769853.459876.822903.299930.848963.3801022.7851063.4531115.9411171.5541256.4331347.4851435.7181537.699

Adjust tobacco and smoking products prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1982 * 1982 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Tobacco and smoking products was 86.508 in the year 1982 and 1537.699 in 2024:

1537.699 / 86.508 * $20 = $355.51

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1982 has the same "purchasing power" as $355.51 in 2024 (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 1935. 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.

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