The most widely consumed beverages are more expensive to consume than ever, according to a new report from research firm Euromonitor International.
The study found that the average price of a single bottle of beer in the U.S. has risen by almost 30 percent in the past five years, while the average cost of a 16 ounce bottle of Coca-Cola has risen a whopping 80 percent.
The findings, based on research conducted by the Euromonitors, may be a bit of a surprise to consumers who were expecting more expensive beverages to be cheaper, but that’s because the average retail price of beer has also increased by nearly 20 percent.
The average price for beer in America has risen nearly 30 percent.
Euromoncer’s analysis also found that average price per ounce of beer across the U, excluding spirits, has increased by more than 100 percent over the past 10 years.
Beer is now the most expensive alcoholic beverage in the country, with an average price tag of $2.19 per 16-ounce can, up from $1.87 in 2012, according a Euromonator report.
Soda, on the other hand, has become more expensive over the same period, with average price in the United States at $1,959, up about 20 percent from $2,967 in 2012.
The most affordable drinks in the nation are more affordable to purchase, the study found.
The average price that Americans pay for a single drink has risen more than 30 percent since 2012.
A 16-oz bottle of Pepsi costs an average of $3.19 in the continental U.K., according to Euromoncom.
In the U-S., the average is $2 in the state of California, and $1 in Alaska.
On the flip side, the average soda drink costs an additional $1 at the grocery store.
More: Read the full study here.