Wine away from home priced at $20 in 2018 $20.72 in 2020

Wine Away From Home Inflation Calculator


Prices for Wine Away From Home, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for wine away from home were 3.62% higher in 2020 versus 2018 (a $0.72 difference in value).

Between 2018 and 2020: Wine away from home experienced an average inflation rate of 1.79% per year. In other words, wine away from home costing $20 in the year 2018 would cost $20.72 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for wine away from home was higher.

Price Inflation for Wine away from home since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2019 (1.95%), and 2020 (1.64%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Wine away from home:

Year 2018 2019 2020
CPI 187.895 191.566 194.698

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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Wine away from home, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2018 $20.00 -
2019 $20.39 1.95%
2020 $20.72 1.64%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for wine away from home, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Wine away from home was 187.895 in the year 2018 and 194.698 in 2020:

194.698 / 187.895 * $20 = $20.72

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $20.72 in 2020 (in the CPI category of Wine away from home).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Wine away from home in 2018. In addition to wine away from home, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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