Malt beverages, all types · per 16 oz · 1924 Estimated
This figure may be significantly off. It is projected back 71 years from the first recorded price, using general inflation. Items do not track inflation evenly — groceries in particular were far more expensive relative to other goods before modern agriculture, so a figure this old can understate the real price by two-fold or more. Use it for a sense of scale, not as a historical price.
$0.09in June 1924 — about $1.75 in today's money.
- Price in 1924$0.09
- Same money today$1.75
- Actual price now · June 2026$1.88
- Change since 1924+2008%
Price history
Record & method
No price was recorded for 1924. This figure is estimated: we took the earliest observed price (July 1995) and moved it back along the category inflation curve — a back-cast of 71 years. The further back it reaches, the less it should be trusted. Treat it as an approximation, not a historical fact.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- APU0000720111
- Estimated for
- June 1924
- Coverage
- July 1995 – June 2026
- Adjusted by
- CPIAUCNS · 17 → 333.952 (June 2026)
- Back-cast
- 71 years before the first record · very low confidence
- License
- Public domain