Welcome! Login | Register
 

2019 NCAA Tournament – How To Set Your March Madness Bracket Around Pac-12 Teams—2019 NCAA Tournament – How To Set Your…

March Madness 2019 – Can The Oregon Ducks Get Back To The Elite Eight?—March Madness 2019 – Can The Oregon Ducks…

I Have 3 Months To Train For The Wild Rogue Relay—I Have 3 Months To Train For The…

20 Ways To Increase Circulation—20 Ways To Increase Circulation

Trail Blazers Weekly Preview – Sabonis 2.0, Dirk’s Rip City Swan Song, Blake Of House Piston Invades—Trail Blazers Weekly Preview – Sabonis 2.0, Dirk’s…

VIDEO: ‘Surf Rock’ Creator Dick Dale Dead at 81—VIDEO: 'Surf Rock' Creator Dick Dale Dead at…

The Presidential Primary Parade Marches On - Sunday Political Brunch March 17, 2019—The Presidential Primary Parade Marches On - Sunday…

Predicting The Seattle Seahawks’ 2019 Draft—Predicting The Seattle Seahawks’ 2019 Draft

49 Killed in Mass Multi-Mosque Shooting in Christchurch, NZ, Shooter Livestreamed Massacre—49 Killed in Mass Multi-Mosque Shooting in Christchurch,…

I’m Ready To Become A Fan Of Hockey In Seattle—I’m Ready To Become A Fan Of Hockey…

 
 

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.

 
Delivered Free Every
Day to Your Inbox