Wine priced at $50 in 1963 $213.14 in 2022

Wine Inflation Calculator

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Prices for Wine, 1963-2022 ($50)

According to the U.S. Bureau of Labor Statistics, prices for wine at home are 326.28% higher in 2022 versus 1963 (a $163.14 difference in value).

The current national average price is $13.62 for "Wine, red and white table, all sizes, any origin, per 1 liter (33.8 oz)". This data is collected by a national survey and can vary from region to region.

Between 1963 and 2022: Wine experienced an average inflation rate of 2.49% per year. This rate of change indicates significant inflation. In other words, wine costing $50 in the year 1963 would cost $213.14 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.89% during this same period, inflation for wine was lower.

Price Inflation for Wine at home since 1963

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (13.52%), 1978 (9.70%), and 1979 (9.04%).

Price history

The average price for Wine 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 Wine, red and white table, all sizes, any origin, per 1 liter (33.8 oz):

YearAverage price (Wine)Inflation adjusted price (2022 dollars)
2022$13.62 (latest available value)$13.62
2021$13.19$13.47
2020$12.42$12.82
2019$12.06$12.48
2018$12.46$13.03
2017$12.66$13.40
2016$12.33$13.02
2015$12.25$12.93
2014$11.70$12.31
2013$10.72$11.26
2012$10.28$10.86
2011$9.93$10.48
2010$9.65$10.11
2009$10.07$10.40
2008$9.45$9.96
2007$8.55$9.33
2006$7.90$8.79
2005$7.77$8.84
2004$6.92$8.00
2003$6.39$7.42
2002$6.23$7.27
2001$5.96$7.00
2000$5.41$6.34
1999$5.24$6.23
1998$5.07$6.12
1997$5.17$6.31
1996$4.93$6.29
1995$4.57$6.08

View price changes for other categories
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Buying power of $50.00 since 1963

Below are calculations of equivalent buying power for Wine, over time, for $50 beginning in 1963. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1963$50.00-
1964$49.88-0.24%
1965$50.200.64%
1966$50.430.46%
1967$51.101.33%
1968$53.073.85%
1969$55.234.07%
1970$59.527.77%
1971$62.364.77%
1972$64.793.90%
1973$68.996.48%
1974$75.138.90%
1975$78.554.54%
1976$80.292.22%
1977$82.602.87%
1978$90.619.70%
1979$98.809.04%
1980$107.338.64%
1981$115.377.48%
1982$120.384.35%
1983$120.440.05%
1984$118.89-1.29%
1985$120.121.03%
1986$122.812.24%
1987$126.793.24%
1988$129.211.91%
1989$133.012.94%
1990$137.153.11%
1991$155.7013.52%
1992$159.022.13%
1993$160.641.02%
1994$159.88-0.48%
1995$160.190.20%
1996$166.974.23%
1997$174.514.51%
1998$176.611.21%
1999$179.131.43%
2000$181.791.49%
2001$181.65-0.08%
2002$182.630.54%
2003$183.620.54%
2004$184.430.44%
2005$187.311.56%
2006$191.552.27%
2007$195.341.98%
2008$202.313.57%
2009$206.372.00%
2010$203.52-1.38%
2011$201.99-0.75%
2012$201.69-0.15%
2013$202.910.61%
2014$202.61-0.15%
2015$202.00-0.30%
2016$201.90-0.05%
2017$201.34-0.28%
2018$203.791.22%
2019$205.971.07%
2020$206.480.24%
2021$208.671.06%
2022$213.142.14%*

* 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 Wine at home:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI41.70041.60041.86742.06042.62044.26046.06249.63852.00854.03857.53862.66265.50866.96268.88575.56982.40089.51596.215100.400100.44699.154100.177102.423105.746107.762110.931114.385129.854132.623133.977133.338133.600139.254145.538147.292149.392151.615151.492152.315153.138153.815156.215159.754162.914168.729172.112169.734168.456168.208169.229168.974168.472168.386167.915169.959171.782172.203174.030177.757

Adjust wine prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1963 * 1963 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Wine at home was 41.700 in the year 1963 and 177.757 in 2022:

177.757 / 41.700 * $50 = $213.14

Therefore, according to U.S. Bureau of Labor Statistics, $50 in 1963 has the same "purchasing power" as $213.14 in 2022 (in the CPI category of Wine at home).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Wine at home in 1963. In addition to wine, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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