★ Historical pricing for Wine in 2000

Wine priced at $50 in 2000 → $55.96 in 2018

Historical Price Inflation for Wine

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Prices for Wine, 2000-2018 ($50)

According to the U.S. Bureau of Labor Statistics, prices for wine at home were 11.92% higher in 2018 versus 2000 (a $5.96 difference in value).

Between 2000 and 2018: Wine experienced an average inflation rate of 0.63% per year. In other words, wine costing $50 in the year 2000 would cost $55.96 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.11% during this same period, inflation for wine was lower.

In the year 2000: Pricing changed by 1.49%, which is above the average yearly change for wine during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for wine was lower.

Price Inflation for Wine at home since 1963

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (13.52%), 1978 (9.70%), and 1979 (9.04%).

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

Year 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 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
CPI 41.700 41.600 41.867 42.060 42.620 44.260 46.062 49.638 52.008 54.038 57.538 62.662 65.508 66.962 68.885 75.569 82.400 89.515 96.215 100.400 100.446 99.154 100.177 102.423 105.746 107.762 110.931 114.385 129.854 132.623 133.977 133.338 133.600 139.254 145.538 147.292 149.392 151.615 151.492 152.315 153.138 153.815 156.215 159.754 162.914 168.729 172.112 169.734 168.456 168.208 169.229 168.974 168.472 168.386 167.915 169.694
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Buying power of $50 since 2000

Below are calculations of equivalent buying power for Wine, over time, for $50 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 $50.00 1.49%
2001 $49.96 -0.08%
2002 $50.23 0.54%
2003 $50.50 0.54%
2004 $50.73 0.44%
2005 $51.52 1.56%
2006 $52.68 2.27%
2007 $53.73 1.98%
2008 $55.64 3.57%
2009 $56.76 2.00%
2010 $55.98 -1.38%
2011 $55.55 -0.75%
2012 $55.47 -0.15%
2013 $55.81 0.61%
2014 $55.72 -0.15%
2015 $55.56 -0.30%
2016 $55.53 -0.05%
2017 $55.38 -0.28%
2018 $55.96 1.06%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for wine, 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 Wine at home was 151.615 in the year 2000 and 169.694 in 2018:

169.694 / 151.615 * $50 = $55.96

Therefore, according to U.S. Bureau of Labor Statistics, $50 in 2000 has the same "purchasing power" as $55.96 in 2018 (in the CPI category of Wine at home).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Wine at home in 1963. In addition to wine, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation.