According to the U.S. Bureau of Labor Statistics, prices for tobacco products other than cigarettes are 245.12% higher in 2024 versus 1997 (a $49.02 difference in value).
Between 1997 and 2024: Tobacco products other than cigarettes experienced an average inflation rate of 4.69% 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 $69.02 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for tobacco products other than cigarettes was higher.
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 | $57.17 | 1.52% |
2021 | $59.77 | 4.55% |
2022 | $63.06 | 5.49% |
2023 | $66.35 | 5.23% |
2024 | $69.02 | 4.02%* |
* 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 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 | 2021 | 2022 | 2023 | 2024 |
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 | 285.850 | 298.864 | 315.278 | 331.774 | 345.120 |