Malt beverages, all types · per 16 oz · 1997 Verified
$0.84in June 1997 — about $1.75 in today's money.
- Price in 1997$0.84
- Same money today$1.75
- Actual price now · June 2026$1.88
- Change since 1997+124%
Priced in working time
- Work to buy in 1997 · the federal minimum wage was $4.75/hour11 min
- Work to buy today · at $7.25/hour (2026)16 min
Observed price divided by the observed wage for the same year — nothing here is back-cast. See the minimum wage record →
Price history
Record & method
This is an observed price. The U.S. Bureau of Labor Statistics recorded it in June 1997; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- APU0000720111
- Observed
- June 1997
- Coverage
- July 1995 – June 2026
- Adjusted by
- CPIAUCNS · 160.3 → 333.952 (June 2026)
- License
- Public domain