Huh! The Average Price Of Booze In L.A. Is Down This Year
There's no shortage of $16 artisanal cocktails in L.A. these days, but the latest Consumer Price Index data says that booze here is a little cheaper now than it was last year, even as alcohol prices rise nationally.
Time ran the numbers, and found that even as brunch Bloody Mary prices surged this year by 2% in San Francisco and San Diego, the cost of your Peeber in L.A., Orange County and Riverside nudged down by .12%.
It's not a huge drop, but given that the U.S. is paying almost 1% more for drinks this year over last, we're definitely not part of the trend.
Here's Time's chart of alcohol price changes by urban area.
So it looks like alcohol prices in most of the rest of the country are going up, but ours are going down. Weird! Is this a case of more supply or less demand? Whatever. All this math is hurting our head. We're gonna go get a martini.