According to the U.S. Bureau of Labor Statistics, prices for carbonated drinks are 42.07% higher in 2024 versus 2016 (a $8.41 difference in value).
Between 2016 and 2024: Carbonated drinks experienced an average inflation rate of 4.49% per year. This rate of change indicates significant inflation. In other words, carbonated drinks costing $20 in the year 2016 would cost $28.41 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.38% during this same period, inflation for carbonated drinks was higher.
In the year 2016: Pricing changed by 0.90%, which is significantly below the average yearly change for carbonated drinks during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for carbonated drinks was lower.
Below are calculations of equivalent buying power for Carbonated drinks, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2016 | $20.00 | 0.90% |
2017 | $20.07 | 0.34% |
2018 | $20.32 | 1.26% |
2019 | $21.05 | 3.57% |
2020 | $22.22 | 5.56% |
2021 | $23.08 | 3.89% |
2022 | $25.53 | 10.61% |
2023 | $27.51 | 7.76% |
2024 | $28.41 | 3.29%* |
* 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 Carbonated drinks:
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 | 2021 | 2022 | 2023 | 2024 |
CPI | 70.846 | 77.331 | 86.608 | 95.285 | 97.862 | 100.269 | 101.846 | 102.838 | 103.615 | 105.715 | 105.708 | 108.423 | 112.108 | 113.015 | 114.908 | 115.869 | 115.723 | 119.523 | 119.900 | 118.262 | 117.462 | 118.785 | 123.385 | 125.400 | 125.585 | 125.585 | 127.885 | 131.900 | 134.200 | 140.138 | 146.970 | 154.082 | 154.676 | 158.760 | 160.959 | 159.528 | 158.832 | 159.645 | 161.075 | 161.619 | 163.661 | 169.500 | 178.916 | 185.875 | 205.595 | 221.557 | 228.836 |