According to the U.S. Bureau of Labor Statistics, prices for tobacco products other than cigarettes are 37.53% higher in 2024 versus 2016 (a $7.51 difference in value).
Between 2016 and 2024: Tobacco products other than cigarettes experienced an average inflation rate of 4.06% per year. This rate of change indicates significant inflation. In other words, tobacco products other than cigarettes costing $20 in the year 2016 would cost $27.51 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for tobacco products other than cigarettes was higher.
In the year 2016: Pricing changed by 2.78%, which is below the average yearly change for tobacco products other than cigarettes during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), 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 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2016 | $20.00 | 2.78% |
| 2017 | $20.83 | 4.13% |
| 2018 | $21.65 | 3.95% |
| 2019 | $22.40 | 3.49% |
| 2020 | $22.74 | 1.52% |
| 2021 | $23.78 | 4.55% |
| 2022 | $25.09 | 5.49% |
| 2023 | $26.40 | 5.23% |
| 2024 | $27.51 | 4.20%* |
* 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 | 345.702 |