Welcome! Login | Register
 

Chanel Fashion Designer Lagerfeld Passes Away at 85—Chanel Fashion Designer Lagerfeld Passes Away at 85

5 Questions On The Trail Blazers In The 2nd Half Of The Season Answered—5 Questions On The Trail Blazers In The…

Winterhawks Win Weekend With 3 & 3 Plus A Pair of Hat Tricks For Blichfeld—Winterhawks Win Weekend With 3 & 3 Plus…

Working Out With Kids—Working Out With Kids

Not All Emergencies Need a 911 Call – “Sunday Political Brunch” - February 17, 2019—Not All Emergencies Need a 911 Call –…

Seahawks’ Draft Prospects – Wide Receivers—Seahawks’ Draft Prospects – Wide Receivers

Anatomy Of A GOAT: Championships, Context, And David Foster Wallace’s ‘String Theory’—Anatomy Of A GOAT: Championships, Context, And David…

Fit for Life: Til Death do us Part—Fit for Life: Til Death do us Part

Can The Alliance Of American Football Find More Success Than The XFL?—Can The Alliance Of American Football Find More…

5 Questions On NBA All-Star Weekend Answered!—5 Questions On NBA All-Star Weekend Answered!

 
 

The Cost of a Beer: Then and Now

Tuesday, July 19, 2016

 

Justin Sullivan / Getty Images

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.

 

Research More CPI Data on MooseRoots

 

Related Articles

 

Enjoy this post? Share it with others.

 

X

Stay Connected — Free
Daily Email