Welcome! Login | Register
 

Worcester Police Officer and Local Boy Drown in Accident, and in Braintree 2 Police Shot, K-9 Killed—Worcester Police Officer and Local Boy Drown in…

Person of Interest Named in Molly Bish Case By Worcester County DA—Person of Interest Named in Molly Bish Case…

Bravehearts Escape Nashua With a Win, 9th Inning Controversy—Bravehearts Escape Nashua With a Win, 9th Inning…

Worcester Regional Research Bureau Announces Recipients of 2021 Awards—Worcester Regional Research Bureau Announces Recipients of 2021…

16 Year Old Shot, Worcester Police Detectives Investigating Shooting at Crompton Park—16 Year Old Shot, Worcester Police Detectives Investigating…

Feds Charge Former MA Pizzeria Owner With PPP Fraud - Allegedly Used Loan to Purchase Alpaca Farm—Feds Charge Former MA Pizzeria Owner With PPP…

Facebook’s independent Oversight Board on Wednesday announced it has ruled in favor of upholding the—Trump's Facebook Suspension Upheld

Patriots’ Kraft Buys Hamptons Beach House for $43 Million, According to Reports—Patriots’ Kraft Buys Hamptons Beach House for $43…

Clark Alum Donates $6M to Support Arts and Music Initiatives—Clark Alum Donates $6M to Support Arts and…

CVS & Walgreens Have Wasted Nearly 130,000 Vaccine Doses, According to Report—CVS & Walgreens Have Wasted Nearly 130,000 Vaccine…

 
 

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