The Cost of a Beer: Then and Now
Tuesday, July 19, 2016
Cracking open a cold one has always been a common symbol of friendship and relaxation. Some believe beer has certain health benefits, and it is the favorite alcoholic drink of our current president. In many ways it is a staple of American diet and culture.
Originally created in ancient Mesopotamia, beer has since matured from unrefined jugs of fermented barley to a popular commercial product with thousands of different brands. Now, it is consumed daily by people all over the world.
MooseRoots, a genealogy research site powered by Graphiq, set out to discover how the price of beer has changed over time. Using data aggregate from the Bureau of Labor Statistics and PintPrice.com, MooseRoots found the average cost of a pint dating back to 1952. The team calculated the historical price of a pint of beer, as well as the inflation-adjusted price to find out just how much people were paying for their brews back then.
As illustrated in the above visualization, although the historical cost of a pint increases over time, the real, inflation-adjusted price has decreased.
In 1952, people were paying $0.65 for a pint, but adjusted for inflation that is the equivalent of paying $5.93 today. Compared to 2016's average price of $3.99 this is fairly expensive.
Now, in 2015 the cost of a pint of beer is $3.99. So, for those still preoccupied with 1985, rejoice because the value of a beer is exactly the same as it was back then.
Check out the complete list of historical and inflation-adjusted beer prices from 1952-2016 below.
- Oregon’s Best Beer
- Portland Brewing Releases New Beer For Rose Festival
- Portland Ranked 6th Best City for Beer Lovers in U.S.
- Portland Second Most Expensive City to Buy Beer and Wine
- Oregon Named the Top State for Beer in the U.S.
- Oregon Brewery Ranked 5th in the World by RateBeer.com
- NW Coffee Beer Invitational
- Old Town Brewing’s Award Winning Beer in Bottles
- Oregon At Top of Thrillist List for Beer and Topless Joints
- Oregon Brewers Festival Features 90 Different Beers, Kicks off with Parade
- Rogue Ales Debuts Sportscaster Colin Cowherds Blunt N’ Bitter Beer
- Rogue Farms Creates Beer From Beehives
- Wyden Calls For Consumer Protections in Reported Beer Merger
- Your Guide to the Vegan Beer and Food Fest
- “Killer” Festival Celebrates Pumpkin Beer
- Vegan Beer & Food Fest Recap
- Travel Portland To Create 10 #PDXNOW Beers Debuting On January 24
- Rogue’s “Right Hand of Doom” Beer Celebrates Hellboy’s 21st Anniversary
- Strange Brew: Seven Beers That Are Just Plain Odd
- Taplister.com and EastBurn Host 4th Annual Rye Beer Fest
- Ten New Beers You Should Try
- NEW: PSU Students Help Launch Low-Carbon Beer