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:
 
Beer Here! History Colorado Looks At Our Brewing Past
by Carrie Dow Jun 18, 2019
Check Out Denver's Not Quite Dive Bar, Occidental

Check Out Denver's Not Quite Dive Bar, Occidental

Occidental is supposed to be the edgy, punk, dingy dive bar next door....read more ›

by Carrie Dow May 28, 2019
SPONSORED
Drink Nation Store Rectangle
Enjoy Cantina Cocktails & More at Denver's Comida

Enjoy Cantina Cocktails & More at Denver's Comida

If you can't find something to drink here, you're not trying....read more ›

by Carrie Dow May 28, 2019
Behind the Bar: Kat Corbo of The Study & Winner of Speed Rack 2019

Behind the Bar: Kat Corbo of The Study & Winner of Speed Rack 2019

This time on Behind the Bar, we spoke to Kat Corbo of The Study, who recently won Speed Rack 2019....read more ›

by The Drink Nation May 15, 2019
Boston Beer & Dogfish Head Have Merged in a $300 Million Deal

Boston Beer & Dogfish Head Have Merged in a $300 Million Deal

In a huge move for the American craft beer community, Boston Beer and Dogfish Head have agreed to a merger valued at $300 million dollars. ...read more ›

by The Drink Nation May 10, 2019
A Slice of Brooklyn Comes to Denver at DC Pie Co.

A Slice of Brooklyn Comes to Denver at DC Pie Co.

Let's get to know our new neighbor from The Empire State....read more ›

by Carrie Dow May 9, 2019
Pints Are Pouring at Denver's Empourium

Pints Are Pouring at Denver's Empourium

Ready to serve you a plethora of easy sipping brews....read more ›

by Carrie Dow Apr 17, 2019
A New, High-End Blend of Jack Daniel's Whiskey is Now Available in the United States

A New, High-End Blend of Jack Daniel's Whiskey is Now Available in the United States

A new, high-end blend of Jack Daniel's whiskey, known as Jack Daniel's No. 27 Gold, which was previously only ...read more ›

by The Drink Nation Apr 15, 2019
Coopers' Craft Bourbon Is Now Available in 12 States With a New Barrel Reserve Expression

Coopers' Craft Bourbon Is Now Available in 12 States With a New Barrel Reserve Expression

Coopers' Craft Kentucky Straight Bourbon has debuted an entirely new label design, has expanded to more states...read more ›

by The Drink Nation Apr 3, 2019
SPONSORED
View all Articles

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

Close