According to the U.S. Bureau of Labor Statistics, prices for tobacco products other than cigarettes are 20.94% higher in 2024 versus 2020 (a $4.19 difference in value).
Between 2020 and 2024: Tobacco products other than cigarettes experienced an average inflation rate of 4.87% per year. This rate of change indicates significant inflation. In other words, tobacco products other than cigarettes costing $20 in the year 2020 would cost $24.19 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for tobacco products other than cigarettes was lower.
In the year 2020: Pricing changed by 1.52%, which is significantly below the average yearly change for tobacco products other than cigarettes during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), 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 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $20.00 | 1.52% |
| 2021 | $20.91 | 4.55% |
| 2022 | $22.06 | 5.49% |
| 2023 | $23.21 | 5.23% |
| 2024 | $24.19 | 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 |