Tobacco and smoking products priced at $20 in 2000 $53.78 in 2018

Historical Price Inflation for Tobacco and smoking products

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Prices for Tobacco And Smoking Products, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for tobacco and smoking products were 168.92% higher in 2018 versus 2000 (a $33.78 difference in value).

Between 2000 and 2018: Tobacco and smoking products experienced an average inflation rate of 5.65% per year. This rate of change indicates significant inflation. In other words, tobacco and smoking products costing $20 in the year 2000 would cost $53.78 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for tobacco and smoking products was significantly higher.

In the year 2000: Pricing changed by 10.99%, which is significantly above the average yearly change for tobacco and smoking products during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for tobacco and smoking products was much higher.

Price Inflation for Tobacco and smoking products since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1999 (29.48%), 2009 (24.06%), and 1989 (12.82%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tobacco and smoking products:

Year 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
CPI 124.733 133.642 145.783 164.475 181.575 202.742 219.842 228.308 219.992 225.742 232.750 243.692 274.775 355.792 394.908 425.208 461.500 468.992 477.983 502.758 519.858 554.184 588.682 730.316 807.314 834.827 853.454 876.825 903.324 930.865 963.403 1022.813 1061.970

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Tobacco and smoking products, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 10.99%
2001 $21.53 7.67%
2002 $23.37 8.54%
2003 $23.75 1.62%
2004 $24.21 1.92%
2005 $25.46 5.18%
2006 $26.33 3.40%
2007 $28.07 6.60%
2008 $29.81 6.23%
2009 $36.99 24.06%
2010 $40.89 10.54%
2011 $42.28 3.41%
2012 $43.22 2.23%
2013 $44.41 2.74%
2014 $45.75 3.02%
2015 $47.14 3.05%
2016 $48.79 3.50%
2017 $51.80 6.17%
2018 $53.78 3.83%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for tobacco and smoking products, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Tobacco and smoking products was 394.908 in the year 2000 and 1061.970 in 2018:

1061.970 / 394.908 * $20 = $53.78

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $53.78 in 2018 (in the CPI category of Tobacco and smoking products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Tobacco and smoking products in 1986. In addition to tobacco and smoking products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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