Whiskey priced at $7.42 in 2004 $9.28 in 2022

Whiskey Inflation Calculator

$

Prices for Whiskey, 2004-2022 ($7.42)

According to the U.S. Bureau of Labor Statistics, prices for whiskey at home are 25.13% higher in 2022 versus 2004 (a $1.86 difference in value).

The current national average price is $7.42 for "Bourbon whiskey, 375 ml-1.75 liter (cost per 25.4 ounces/750 ml)". This data is collected by a national survey and can vary from region to region.

Between 2004 and 2022: Whiskey experienced an average inflation rate of 1.25% per year. In other words, whiskey costing $7.42 in the year 2004 would cost $9.28 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.44% during this same period, inflation for whiskey was lower.

In the year 2004: Pricing changed by 1.76%, which is above the average yearly change for whiskey during the 2004-2022 time period. Compared to inflation for all items in 2004 (2.68%), inflation for whiskey was lower.

Price Inflation for Whiskey at home since 1952

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (10.16%), 1986 (7.13%), and 1980 (6.27%).

Price history

The average price for Whiskey is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Bourbon whiskey, 375 ml-1.75 liter (cost per 25.4 ounces/750 ml):

YearAverage price (Whiskey)Inflation adjusted price (2022 dollars)
1986$7.40$7.32
1985$7.22$7.22

View price changes for other categories
New cars · Wireless telephone services · Phoenix, Arizona · New York · More

Buying power of $7.42 since 2004

Below are calculations of equivalent buying power for Whiskey, over time, for $7.42 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2004$7.421.76%
2005$7.531.48%
2006$7.712.34%
2007$7.872.16%
2008$8.021.86%
2009$8.323.75%
2010$8.350.42%
2011$8.390.39%
2012$8.491.20%
2013$8.641.78%
2014$8.811.95%
2015$8.840.34%
2016$8.860.23%
2017$8.84-0.24%
2018$8.68-1.78%
2019$8.831.78%
2020$8.920.95%
2021$9.102.04%
2022$9.282.04%*

* 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 Whiskey at home:

Year19521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI57.90058.04058.28058.64059.18061.40061.34062.30063.10063.48063.70064.46064.66764.93365.32066.12067.00067.72369.36270.26271.74672.11573.22375.36976.58577.60880.78584.10889.38594.45498.115100.346101.538104.915112.400113.654114.931118.492124.754137.431139.362141.862143.054144.969147.262150.762152.162155.538159.185163.962167.554170.969173.985176.562180.700184.606188.032195.077195.893196.657199.015202.563206.510207.209207.684207.185203.498207.124209.085213.358217.715

Adjust whiskey prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2004 * 2004 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Whiskey at home was 173.985 in the year 2004 and 217.715 in 2022:

217.715 / 173.985 * $7.42 = $9.28

Therefore, according to U.S. Bureau of Labor Statistics, $7.42 in 2004 has the same "purchasing power" as $9.28 in 2022 (in the CPI category of Whiskey at home).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Whiskey at home in 1952. In addition to whiskey, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.