Turned 21? Know The Cost Of Beer Over The Past Two Decades

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cost of beer

Beer is an integral part of the American lifestyle. American lager, the crisp, light and refreshing beer is as American as baseball and apple pie. In this article, you will take a walk back the memory lane. If you turned 21 with the turn of the century, take a look at the cost of beer for each year starting from 2000.

So, let’s begin.

 

Cost Of Beer From 2000 Till The Present

For this section, we will take the 16 oz. beer into consideration.

cost of beer

2000

Price of beer: $0.92

Inflation-adjusted Price: $1.38

This is the time when new breweries started opening and America gradually reached a record-high for the number of active breweries.

2001

Price of beer: $0.96

Inflation-adjusted Price: $1.40

This was the first time when the sale of craft beer exceeded $3 billion.

2002

Cost of beer: $0.99

Inflation-adjusted Price: $1.42

Miller Brewing company was bought by South African Breweries and together they went on to become the 2nd largest breweries in the world.

2003

Price of beer: $1.01

Inflation-adjusted Price: $1.41

The number of American breweries changed from 1513 in 2002 to 1485 the next year.

2004

Price of beer: $1.07

Inflation-adjusted Price: $1.46

Coors and Molson merged and became the 5th largest brewery in the globe.

2005

cost of beer

Price of beer: $1.09

Inflation-adjusted Price: $1.44

Hurricane Katrina destroyed the oldest brewery of the Big East in New Orleans.

2006

Cost of beer: $1.11

Inflation-adjusted Price: $1.42

The US produced a huge quantity of beer that amounted to 197.7 million barrels where one barrel contains approximately 117 liters of beer.

2007

Price of beer: $1.12

Inflation-adjusted Price: $1.39

This year, the Brewers Association tweaked the definition of craft beer from traditional to innovative to allow room for restyling.

2008

Price of beer: $1.16

Inflation-adjusted Price: $1.39

This is the birth-year of the world’s largest brewery. InBev bought with Anheuser-Busch to become the biggest. But this year also marks the first time when production of American beershifted to Belgium.

Read: These Beer And Food Pairings Will Have You Drooling

2009

Price of beer: $1.21

Inflation-adjusted Price: $1.45

America imposed strict laws on the consumption of alcohol but Utah was the first state to show signs of relaxation.

2010

Cost of beer: $1.23

Inflation-adjusted Price: $1.45

Craft beer generated approximately $7 billion in sales in the US this year, a figure that had almost doubled in 10 years.

2011

Cost of beer

Price of beer: $1.24

Inflation-adjusted Price: $1.42

This year marked the era of imported beers. Imported lagers started leading the way with Mexican beers like Corona attracting beer lovers.

2012

Price of beer: $1.25

Inflation-adjusted Price: $1.40

2012 marks the beginning of macro brewers buying small, independent craft breweries.

2013

Price of beer: $1.28

Inflation-adjusted Price: $1.41

This is the year when all homebrew holdouts were lifted, including in Mississippi and Alabama, two states that continued prohibition for a long time.

2014

Price of beer: $1.28

Inflation-adjusted Price: $1.39

The total number of breweries in America reached 3,785. More than one brewery opened per day this year.

2015

Price of beer: $1.32

Inflation-adjusted Price: $1.43

The biggest brewery, InBev-Anheuser-Busch, bought their rival company SABMiller to become even bigger.

2016

Sparkling Seltzers

Cost of beer: $1.35

Inflation-adjusted Price: $1.45

Sparkling Seltzers came into the market and many breweries raced to make their brand of seltzers.

2017

Price of beer: $1.39

Inflation-adjusted Price: $1.46

The number of breweries in the US reached 6372. This year announced the closure of many breweries as the insane number of breweries started worrying Americans.

2018

Price of beer: $1.41

Inflation-adjusted Price: $1.45

Beer production lowered about 1.2% than the previous year in America. Craft beers accounted for a large portion of beer sales.

2019

Price of beer: $1.43

Inflation-adjusted Price: $1.44

Craft beer reaches its peak, suggests many beer industry analysts. This year saw a huge number of brewpub or microbrewery closures.

2020

Cost of beer: $1.47

Inflation-adjusted Price: $1.47

The Covid-19 pandemic upset the craft brewery business a great deal. The sale of beer is almost down 30% this year.

Check out interesting titbits about each year since 2020 and know the cost of beer the year you turned 21.

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