Spirit Cruises January 2023 Leaderboard

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:
 
Rittenhouse Goes Car-Free Every Sunday in September: Here are the Best Bars to Hit

Rittenhouse Goes Car-Free Every Sunday in September: Here are the Best Bars to Hit

Center City District will close the streets allowing pedestrians to enjoy outdoor seating, music, and activiti...read more ›

by Michelle Cryder Sep 6, 2024
Best Cocktail Bars at the Jersey Shore

Best Cocktail Bars at the Jersey Shore

We've rounded up all of the must-stop spots for sipping spirits by the beach, whether your vibe is dark and sexy or vibrant and divey....read more ›

by Drink Philly Aug 26, 2024
SPONSORED
Spirit Cruises January 2023 Desktop Bottom Rectangle 1
The Drink Nation Presents: The Home Bar Project

The Drink Nation Presents: The Home Bar Project

Have you ever dreamed of having an amazing home bar, filled with bottles you actually use and the tools you need to execute a fine crafted cocktail? E...read more ›

by The Drink Nation Nov 14, 2014
Behind the Bar: Jillian Moore of My Loup

Behind the Bar: Jillian Moore of My Loup

This time on Behind the Bar, we interview bartender and bar manager Jillian Moore of My Loup. We chat with her about her cocktail menu, the effects of...read more ›

by Drink Philly May 13, 2024
Oltremare: Inside Look at their Amalfi Coast Inspired Cocktails

Oltremare: Inside Look at their Amalfi Coast Inspired Cocktails

Oltremare is the newest endeavor by Chef Townsend Wentz, located at 2121 Walnut Street, near Rittenhouse Square...read more ›

by Drink Philly Apr 22, 2024
Best Bars for Outdoor Drinking in Philadelphia, 2024

Best Bars for Outdoor Drinking in Philadelphia, 2024

We've got your definitive list of where to drink outside in Philadelphia...read more ›

by Drink Philly Apr 9, 2024
Philadelphia Distilling Launching Secret Pop-Up Cocktail Garden for Earth Day, April 11-21

Philadelphia Distilling Launching Secret Pop-Up Cocktail Garden for Earth Day, April 11-21

Philadelphia Distilling is transforming their fourth floor space into a secret garden to celebrate Earth Day, ...read more ›

by Drink Philly Apr 9, 2024
Dizengoff: Inside Look at the New Reimagined Restaurant, Bar, & Cocktails

Dizengoff: Inside Look at the New Reimagined Restaurant, Bar, & Cocktails

Last year, Dizengoff and Abe Fisher decided to join forces and embark on an exciting new chapter. After closin...read more ›

by Drink Philly Mar 5, 2024
Behind the Bar: Tom Foy of Butcher Bar

Behind the Bar: Tom Foy of Butcher Bar

In this installment of Behind the Bar, we sit down with bartender Tom Foy of Butcher Bar...read more ›

by Drink Philly Feb 19, 2024
SPONSORED
Spirit Cruises January 2023 Desktop Bottom Rectangle 2
View all Articles

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

Close