Booze Money: Are Americans Drinking Smarter & Better?

by The Drink Nation on Jun 21, 2012 in Culture
Booze Money: Are Americans Drinking Smarter & Better?

NPR’s Smart Money published a great series of infographics describing the differences in booze spending in 2012 vs. 1982, based on Bureau of Labor Statistics data. The first takeaway is that the average American spends $1 out of every $100 on drinking. One percent of your hard-earned moolah goes to get you buzzed, and this fact hasn’t changed over the last 30 years.

What has changed are what we spend that money on — we drink at bars and restaurants instead of at home much more often (40% vs. 24% of the time). The restaurant boom spreading across the U.S. might mean we actually drink less: it’s more expensive to drink in bars than it is to make your own, and we’re spending the same amount of money. Hence, we must be imbibing lower quantities, as a nation.

It’s not only anecdotal that it’s more expensive to go out than be a hermit, since 1982, drinks at bars and restaurants have skyrocketed 79% (in inflation-adjusted dollars), whereas the cost of booze at the liquor store has dropped nearly 40%.

Maybe Americans are becoming more cultured, too. When we do buy at the store and take it back to our dens, we’re buying much more wine than in the ‘80s, and less hard liquor. (The amount of beer we take home has stayed pretty much the same.) We’d suggest the rise in individual wine purchase is thanks to the ready availability of information on different vintages and varietals now easily accessible online — you don’t have to be a trained sommelier just to make sure you snag a good bottle.

For more graphics and links to supporting studies, head over to the original piece on NPR.

Top photo by Danya Henninger; infographic by Lam Thuy Vo / NPR

Recent Articles
spacer

Feedback

How are we doing? Tell us what you like or don't like and how we can improve. We would love to hear your thoughts!

*Name:
*E-mail:
*Suggestions:
 
Neighborhood Pub Crawl: Historic Larimer Square

Neighborhood Pub Crawl: Historic Larimer Square

Larimer Square has its share of saloons and dance halls, just like back in the day. ...read more ›

by Carrie Dow Mar 5, 2019
Acclaimed Director Ridley Scott Has Made Seven Short Films for Hennessy X.O.

Acclaimed Director Ridley Scott Has Made Seven Short Films for Hennessy X.O.

Ridley Scott has directed a four-minute short film for Hennessy X.O. visualizing the seven flavors of the high...read more ›

by The Drink Nation Mar 4, 2019
Behind the Bar: Chris Morris, Master Distiller of Woodford Reserve

Behind the Bar: Chris Morris, Master Distiller of Woodford Reserve

On this edition of Behind the Bar, we had the honor to sit down with Chris Morris, the master distiller at Woo...read more ›

by The Drink Nation Feb 28, 2019
SPONSORED
Drink Nation Store Rectangle
Haagen-Dazs is Making Booze-Infused Ice Cream

Haagen-Dazs is Making Booze-Infused Ice Cream

Step aside, after dinner drinks - Haagen-Dazs is releasing a line of spiked ice cream....read more ›

by The Drink Nation Feb 19, 2019
Take a Tequila Tour Through Mexico on Jose Cuervo's New 'Tequila Train'

Take a Tequila Tour Through Mexico on Jose Cuervo's New 'Tequila Train'

If you love tequila and traveling in style, you're in luck - Jose Cuervo has a new all-you-can-drink tequila t...read more ›

by The Drink Nation Feb 19, 2019
Happy Leaf Kombucha Offers Denver an Alternative to Beer

Happy Leaf Kombucha Offers Denver an Alternative to Beer

Kombucha is fermented sweet tea and Denver is catching on to its health benefits....read more ›

by Carrie Dow Feb 19, 2019
You Can Now Drink Wine Out of a 'Pringles Can' Tumbler

You Can Now Drink Wine Out of a 'Pringles Can' Tumbler

After a news story about a woman in Texas who was asked to leave Walmart for drinking wine out of an empty Pringles can went viral, one enterprising E...read more ›

by The Drink Nation Feb 5, 2019
Heat Things Up with these Denver Winter Warmers

Heat Things Up with these Denver Winter Warmers

Those beverages taste even better when warm spirits are added....read more ›

by Carrie Dow Feb 5, 2019
Neighborhood Bar Crawl: Denver Museum & Golden Triangle

Neighborhood Bar Crawl: Denver Museum & Golden Triangle

Here in Denver we appreciate fine art just like appreciate a fine cocktail....read more ›

by Carrie Dow Jan 22, 2019
Behind the Bar: Dustin Wilson of Verve Wine & the SOMM Film Series

Behind the Bar: Dustin Wilson of Verve Wine & the SOMM Film Series

In this installment of Behind the Bar, we spoke to Dustin Wilson, a Master Sommelier who appeared in the SOMM ...read more ›

by The Drink Nation Jan 21, 2019
SPONSORED
View all Articles

Sign up to get weekly drinking news, bar reviews, events and more sent directly to your inbox!

Close