According to the U.S. Bureau of Labor Statistics, prices for tobacco products other than cigarettes are 53.35% higher in 2024 versus 2011 (a $10.67 difference in value).
Between 2011 and 2024: Tobacco products other than cigarettes experienced an average inflation rate of 3.34% per year. This rate of change indicates significant inflation. In other words, tobacco products other than cigarettes costing $20 in the year 2011 would cost $30.67 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.59% during this same period, inflation for tobacco products other than cigarettes was higher.
In the year 2011: Pricing changed by 4.22%, which is above the average yearly change for tobacco products other than cigarettes during the 2011-2024 time period. Compared to inflation for all items in 2011 (3.16%), inflation for tobacco products other than cigarettes was higher.
Below are calculations of equivalent buying power for Tobacco products other than cigarettes, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2011 | $20.00 | 4.22% |
2012 | $20.53 | 2.66% |
2013 | $21.05 | 2.52% |
2014 | $21.25 | 0.98% |
2015 | $21.68 | 1.98% |
2016 | $22.28 | 2.78% |
2017 | $23.20 | 4.13% |
2018 | $24.12 | 3.95% |
2019 | $24.96 | 3.49% |
2020 | $25.34 | 1.52% |
2021 | $26.49 | 4.55% |
2022 | $27.95 | 5.49% |
2023 | $29.41 | 5.23% |
2024 | $30.67 | 4.30%* |
* 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 products other than cigarettes:
Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 103.385 | 111.277 | 119.215 | 123.323 | 129.000 | 134.531 | 143.323 | 151.077 | 156.085 | 160.713 | 168.921 | 198.797 | 216.512 | 225.641 | 231.632 | 237.463 | 239.795 | 244.548 | 251.358 | 261.736 | 272.087 | 281.579 | 285.850 | 298.864 | 315.278 | 331.774 | 346.027 |