Distilled spirits at home priced at $20 in 1978 $47.72 in 2020

Distilled Spirits At Home Inflation Calculator

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Prices for Distilled Spirits At Home, 1978-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for distilled spirits at home were 138.61% higher in 2020 versus 1978 (a $27.72 difference in value).

Between 1978 and 2020: Distilled spirits at home experienced an average inflation rate of 2.09% per year. This rate of change indicates significant inflation. In other words, distilled spirits at home costing $20 in the year 1978 would cost $47.72 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.33% during this same period, inflation for distilled spirits at home was lower.

Price Inflation for Distilled spirits at home since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (10.77%), 1986 (7.65%), and 1981 (5.60%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Distilled spirits at home:

Year 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 82.023 85.115 89.831 94.862 98.192 100.377 101.438 105.269 113.323 114.469 116.092 119.885 125.662 139.200 141.538 143.231 144.262 145.700 147.538 150.777 152.708 156.177 162.277 167.969 171.392 173.115 175.285 177.400 179.654 180.984 185.032 189.207 188.781 188.970 188.919 191.033 192.392 192.607 193.291 192.505 191.962 194.772 195.716

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Buying power of $20 since 1978

Below are calculations of equivalent buying power for Distilled spirits at home, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1978 $20.00 -
1979 $20.75 3.77%
1980 $21.90 5.54%
1981 $23.13 5.60%
1982 $23.94 3.51%
1983 $24.48 2.22%
1984 $24.73 1.06%
1985 $25.67 3.78%
1986 $27.63 7.65%
1987 $27.91 1.01%
1988 $28.31 1.42%
1989 $29.23 3.27%
1990 $30.64 4.82%
1991 $33.94 10.77%
1992 $34.51 1.68%
1993 $34.92 1.20%
1994 $35.18 0.72%
1995 $35.53 1.00%
1996 $35.97 1.26%
1997 $36.76 2.19%
1998 $37.24 1.28%
1999 $38.08 2.27%
2000 $39.57 3.91%
2001 $40.96 3.51%
2002 $41.79 2.04%
2003 $42.21 1.01%
2004 $42.74 1.25%
2005 $43.26 1.21%
2006 $43.81 1.27%
2007 $44.13 0.74%
2008 $45.12 2.24%
2009 $46.14 2.26%
2010 $46.03 -0.23%
2011 $46.08 0.10%
2012 $46.06 -0.03%
2013 $46.58 1.12%
2014 $46.91 0.71%
2015 $46.96 0.11%
2016 $47.13 0.36%
2017 $46.94 -0.41%
2018 $46.81 -0.28%
2019 $47.49 1.46%
2020 $47.72 0.48%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for distilled spirits at home, 1978-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1978 * 1978 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Distilled spirits at home was 82.023 in the year 1978 and 195.716 in 2020:

195.716 / 82.023 * $20 = $47.72

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1978 has the same "purchasing power" as $47.72 in 2020 (in the CPI category of Distilled spirits at home).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Distilled spirits at home in 1978. In addition to distilled spirits at 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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