Alcohol priced at $10 in 1961 $9.49 in 1956

Alcohol Inflation Calculator

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Prices for Alcohol, 1961-1956 ($10)

According to the U.S. Bureau of Labor Statistics, prices for alcoholic beverages were 5.13% lower in 1956 versus 1961 (a $0.51 difference in value).

The current national average price is $1.81 for "Malt beverages, all types, all sizes, any origin, per 16 oz. (473.2 ml)". This data is collected by a national survey and can vary from region to region.

Between 1961 and 1956: Alcohol experienced an average inflation rate of -1.05% per year. In other words, alcohol costing $10 in the year 1961 would cost $9.49 in 1956 for an equivalent purchase. Compared to the overall inflation rate of -1.88% during this same period, inflation for alcohol was higher.

In the year 1961: Pricing changed by 0.32%, which is above the average yearly change for alcohol during the 1961-1956 time period. Compared to inflation for all items in 1961 (1.07%), inflation for alcohol was lower.

Price Inflation for Alcoholic beverages since 1952

Consumer Price Index, U.S. Bureau of Labor Statistics
195519601965197019751980198519901995200020052010201520202025-1001020
Years with the largest changes in pricing: 1991 (10.47%), 1980 (8.10%), and 1979 (7.86%).

Price history

The average price for Alcohol is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. Inflation rate is also calculated by the Bureau of Labor Statistics. The table below shows average prices and their corresponding "real" prices adjusted for inflation rate. To understand how price levels differ from inflation rates, see this article published by the BLS.

Average prices for Malt beverages, all types, all sizes, any origin, per 16 oz. (473.2 ml):

YearAverage price (Alcohol)Inflation adjusted price (2025 dollars)
2025$1.81 (latest available value)$1.81
2024$1.78$1.79
2023$1.74$1.79
2022$1.66$1.77
2021$1.53$1.70
2020$1.48$1.69
2019$1.44$1.67
2018$1.41$1.66
2017$1.39$1.65
2016$1.35$1.63
2015$1.32$1.61
2014$1.28$1.58
2013$1.28$1.60
2012$1.25$1.59
2011$1.24$1.61
2010$1.23$1.62
2009$1.21$1.60
2008$1.16$1.59
2007$1.12$1.59
2006$1.11$1.62
2005$1.09$1.62
2004$1.07$1.62
2003$1.01$1.58
2002$0.99$1.58
2001$0.96$1.56
2000$0.92$1.54
1999$0.88$1.51
1998$0.86$1.52
1997$0.84$1.52
1996$0.84$1.54
1995$0.81$1.54

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Buying power of $10.00 since 1961

Below are calculations of equivalent buying power for Alcohol, over time, for $10 beginning in 1961. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1961$10.000.32%
1962$10.040.37%
1963$10.141.06%
1964$10.220.78%
1965$10.341.13%
1966$10.511.66%
1967$10.732.06%
1968$11.113.55%
1969$11.493.49%
1970$12.044.75%
1971$12.534.06%
1972$12.822.30%
1973$13.142.48%
1974$14.147.62%
1975$15.247.76%
1976$15.743.33%
1977$16.182.79%
1978$17.135.87%
1979$18.487.86%
1980$19.978.10%
1981$21.397.11%
1982$22.354.49%
1983$23.213.84%
1984$23.812.57%
1985$24.603.32%
1986$25.704.46%
1987$26.382.66%
1988$27.423.92%
1989$28.564.15%
1990$29.894.68%
1991$33.0210.47%
1992$34.063.14%
1993$34.601.61%
1994$35.041.24%
1995$35.591.59%
1996$36.663.00%
1997$37.652.71%
1998$38.331.79%
1999$39.252.40%
2000$40.392.91%
2001$41.462.65%
2002$42.462.41%
2003$43.291.95%
2004$44.432.65%
2005$45.311.97%
2006$46.422.45%
2007$47.883.14%
2008$49.603.60%
2009$51.052.92%
2010$51.641.15%
2011$52.421.52%
2012$53.381.82%
2013$54.261.66%
2014$54.881.14%
2015$55.400.94%
2016$56.091.25%
2017$56.761.19%
2018$57.621.51%
2019$58.401.37%
2020$59.491.86%
2021$60.782.17%
2022$63.364.24%
2023$66.014.18%
2024$67.251.89%
2025$67.710.67%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Alcoholic beverages:

Year19521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI39.40039.72040.54040.44041.02042.08042.00042.46043.10043.24043.40043.86044.20044.70045.44046.37748.02349.70052.06254.17755.42356.80061.13165.87768.06969.96974.07779.90086.36992.50896.662100.377102.962106.385111.131114.085118.554123.477129.254142.785147.262149.631151.492153.900158.515162.815165.731169.708174.654179.285183.600187.177192.131195.923200.715207.026214.484220.751223.291226.685230.800234.623237.305239.530242.526245.419249.134252.542257.246262.829273.967285.414290.809292.771

Adjust alcohol prices for inflation

Start with the inflation rate formula:

CPI in 1956 / CPI in 1961 * 1961 USD value = 1956 USD value

Then plug in historical CPI values from above. The CPI for Alcoholic beverages was 43.240 in the year 1961 and 41.020 in 1956:

41.020 / 43.240 * $10 = $9.49

Therefore, according to U.S. Bureau of Labor Statistics, $10 in 1961 has the same "purchasing power" as $9.49 in 1956 (in the CPI category of Alcoholic beverages).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Alcoholic beverages in 1952. In addition to alcohol, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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