Wine away from home priced at $20 in 1997 $39.86 in 2021

Wine Away From Home Inflation Calculator

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Prices for Wine Away From Home, 1997-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for wine away from home were 99.28% higher in 2021 versus 1997 (a $19.86 difference in value).

Between 1997 and 2021: Wine away from home experienced an average inflation rate of 2.91% per year. This rate of change indicates significant inflation. In other words, wine away from home costing $20 in the year 1997 would cost $39.86 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.16% during this same period, inflation for wine away from home was higher.

Price Inflation for Wine away from home since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2002 (6.78%), 2001 (5.96%), and 2007 (4.67%).

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

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
CPI 100.000 102.085 104.215 108.085 114.531 122.300 124.269 128.038 133.692 138.908 145.398 151.733 158.028 160.349 163.423 168.193 171.981 174.831 178.096 180.641 183.400 187.895 191.566 195.884 199.283

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Buying power of $20 since 1997

Below are calculations of equivalent buying power for Wine away from home, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1997 $20.00 -
1998 $20.42 2.08%
1999 $20.84 2.09%
2000 $21.62 3.71%
2001 $22.91 5.96%
2002 $24.46 6.78%
2003 $24.85 1.61%
2004 $25.61 3.03%
2005 $26.74 4.42%
2006 $27.78 3.90%
2007 $29.08 4.67%
2008 $30.35 4.36%
2009 $31.61 4.15%
2010 $32.07 1.47%
2011 $32.68 1.92%
2012 $33.64 2.92%
2013 $34.40 2.25%
2014 $34.97 1.66%
2015 $35.62 1.87%
2016 $36.13 1.43%
2017 $36.68 1.53%
2018 $37.58 2.45%
2019 $38.31 1.95%
2020 $39.18 2.25%
2021 $39.86 1.74%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for wine away from home, 1997-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1997 * 1997 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Wine away from home was 100.000 in the year 1997 and 199.283 in 2021:

199.283 / 100.000 * $20 = $39.86

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $39.86 in 2021 (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 1997. 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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