According to the U.S. Bureau of Labor Statistics, prices for tobacco and smoking products are 8,756.53% higher in 2026 versus 1947 (a $1,751.31 difference in value).
Between 1947 and 2026:Tobacco and smoking products experienced an average inflation rate of 5.84% per year. This rate of change indicates significant inflation. In other words, tobacco and smoking products costing $20 in the year 1947 would cost $1,771.31 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.46% during this same period, inflation for tobacco and smoking products was higher.
Below are calculations of equivalent buying power for Tobacco and smoking products, over time, for $20 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1947 | $20.00 | - |
| 1948 | $21.08 | 5.41% |
| 1949 | $21.08 | 0.00% ** |
| 1950 | $21.62 | 2.56% |
| 1951 | $22.84 | 5.62% |
| 1952 | $24.32 | 6.51% |
| 1953 | $25.27 | 3.89% |
| 1954 | $25.95 | 2.67% |
| 1955 | $25.95 | 0.00% ** |
| 1956 | $25.95 | 0.00% ** |
| 1957 | $26.49 | 2.08% |
| 1958 | $27.57 | 4.08% |
| 1959 | $28.51 | 3.43% |
| 1960 | $29.19 | 2.37% |
| 1961 | $29.73 | 1.85% |
| 1962 | $30.81 | 3.64% |
| 1963 | $30.95 | 0.44% |
| 1964 | $32.43 | 4.80% |
| 1965 | $32.57 | 0.42% |
| 1966 | $35.00 | 7.47% |
| 1967 | $36.35 | 3.86% |
| 1968 | $38.24 | 5.20% |
| 1969 | $40.41 | 5.65% |
| 1970 | $44.19 | 9.36% |
| 1971 | $46.08 | 4.28% |
| 1972 | $48.51 | 5.28% |
| 1973 | $49.86 | 2.79% |
| 1974 | $52.03 | 4.34% |
| 1975 | $55.81 | 7.27% |
| 1976 | $58.38 | 4.60% |
| 1977 | $60.95 | 4.40% |
| 1978 | $64.46 | 5.76% |
| 1979 | $68.51 | 6.29% |
| 1980 | $73.65 | 7.50% |
| 1981 | $79.59 | 8.07% |
| 1982 | $88.51 | 11.21% |
| 1983 | $105.68 | 19.39% |
| 1984 | $112.30 | 6.27% |
| 1985 | $119.59 | 6.50% |
| 1986 | $127.57 | 6.67% |
| 1987 | $136.49 | 6.99% |
| 1988 | $149.19 | 9.31% |
| 1989 | $168.11 | 12.68% |
| 1990 | $185.41 | 10.29% |
| 1991 | $207.43 | 11.88% |
| 1992 | $224.73 | 8.34% |
| 1993 | $233.78 | 4.03% |
| 1994 | $225.00 | -3.76% |
| 1995 | $230.81 | 2.58% |
| 1996 | $238.11 | 3.16% |
| 1997 | $249.19 | 4.65% |
| 1998 | $280.95 | 12.74% |
| 1999 | $363.78 | 29.49% |
| 2000 | $403.51 | 10.92% |
| 2001 | $434.73 | 7.74% |
| 2002 | $472.03 | 8.58% |
| 2003 | $479.73 | 1.63% |
| 2004 | $488.78 | 1.89% |
| 2005 | $513.92 | 5.14% |
| 2006 | $531.49 | 3.42% |
| 2007 | $566.66 | 6.62% |
| 2008 | $601.94 | 6.23% |
| 2009 | $746.76 | 24.06% |
| 2010 | $825.51 | 10.55% |
| 2011 | $853.57 | 3.40% |
| 2012 | $872.68 | 2.24% |
| 2013 | $896.57 | 2.74% |
| 2014 | $923.65 | 3.02% |
| 2015 | $951.81 | 3.05% |
| 2016 | $985.08 | 3.49% |
| 2017 | $1,045.82 | 6.17% |
| 2018 | $1,087.41 | 3.98% |
| 2019 | $1,141.08 | 4.94% |
| 2020 | $1,197.94 | 4.98% |
| 2021 | $1,284.73 | 7.24% |
| 2022 | $1,377.84 | 7.25% |
| 2023 | $1,468.06 | 6.55% |
| 2024 | $1,576.44 | 7.38% |
| 2025 | $1,680.90 | 6.63% |
| 2026 | $1,771.31 | 5.38%* |
* 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 Tobacco and smoking products:
| Year | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 1.233 | 1.300 | 1.300 | 1.333 | 1.408 | 1.500 | 1.558 | 1.600 | 1.600 | 1.600 | 1.633 | 1.700 | 1.758 | 1.800 | 1.833 | 1.900 | 1.908 | 2.000 | 2.008 | 2.158 | 2.242 | 2.358 | 2.492 | 2.725 | 2.842 | 2.992 | 3.075 | 3.208 | 3.442 | 3.600 | 3.758 | 3.975 | 4.225 | 4.542 | 4.908 | 5.458 | 6.517 | 6.925 | 7.375 | 7.867 | 8.417 | 9.200 | 10.367 | 11.433 | 12.792 | 13.858 | 14.417 | 13.875 | 14.233 | 14.683 | 15.367 | 17.325 | 22.433 | 24.883 | 26.808 | 29.108 | 29.583 | 30.142 | 31.692 | 32.775 | 34.944 | 37.120 | 46.050 | 50.907 | 52.637 | 53.815 | 55.288 | 56.958 | 58.695 | 60.746 | 64.492 | 67.057 | 70.366 | 73.873 | 79.225 | 84.966 | 90.530 | 97.214 | 103.656 | 109.231 |