Tobacco products other than cigarettes priced at $20 in 1997 $56.48 in 2020

Tobacco Products Other Than Cigarettes Inflation Calculator

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Prices for Tobacco Products Other Than Cigarettes, 1997-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for tobacco products other than cigarettes were 182.40% higher in 2020 versus 1997 (a $36.48 difference in value).

Between 1997 and 2020: Tobacco products other than cigarettes experienced an average inflation rate of 4.62% per year. This rate of change indicates significant inflation. In other words, tobacco products other than cigarettes costing $20 in the year 1997 would cost $56.48 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.09% during this same period, inflation for tobacco products other than cigarettes was higher.

Price Inflation for Tobacco products other than cigarettes since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2009 (17.69%), 2010 (8.91%), and 1999 (7.63%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tobacco products other than cigarettes:

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
CPI 100.000 103.385 111.277 119.215 123.323 129.000 134.531 143.323 151.077 156.085 160.713 168.921 198.797 216.512 225.641 231.632 237.463 239.795 244.548 251.358 261.736 272.087 281.579 282.404

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Buying power of $20 since 1997

Below are calculations of equivalent buying power for Tobacco products other than cigarettes, 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 $20.68 3.38%
1999 $22.26 7.63%
2000 $23.84 7.13%
2001 $24.66 3.45%
2002 $25.80 4.60%
2003 $26.91 4.29%
2004 $28.66 6.54%
2005 $30.22 5.41%
2006 $31.22 3.31%
2007 $32.14 2.97%
2008 $33.78 5.11%
2009 $39.76 17.69%
2010 $43.30 8.91%
2011 $45.13 4.22%
2012 $46.33 2.66%
2013 $47.49 2.52%
2014 $47.96 0.98%
2015 $48.91 1.98%
2016 $50.27 2.78%
2017 $52.35 4.13%
2018 $54.42 3.95%
2019 $56.32 3.49%
2020 $56.48 0.29%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for tobacco products other than cigarettes, 1997-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1997 * 1997 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Tobacco products other than cigarettes was 100.000 in the year 1997 and 282.404 in 2020:

282.404 / 100.000 * $20 = $56.48

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $56.48 in 2020 (in the CPI category of Tobacco products other than cigarettes).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Tobacco products other than cigarettes in 1997. In addition to tobacco products other than cigarettes, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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