What Are the Best Bourbon Values on the Shelf?
Photos via Jim Beam, Maker's Mark, Four Roses, Bulleit Bourbon, Brown-Forman, Wild Turkey, MGP of Indiana, Buffalo Trace, Heaven Hill, Barton 1792
Cocktail Queries is a Paste series that examines and answers basic, common questions that drinkers may have about mixed drinks, cocktails and spirits. Check out every entry in the series to date.
What are the best values in bourbon today? It’s a simple question, and every drinker would like to know the answer, if only to save on their next trip to the package store. But it’s also something of a complicated topic, as any query about “value” ultimately tends to be.
“Value” is notoriously hard to define, given that every consumer has their own idea of what constitutes good value, and what they’re willing to pay for various products. And when it comes to bourbon, drinkers who have been around the scene for a long time may find it difficult to accept that any of the whiskeys around right now constitute a great value. That’s thanks to the fact that the price of whiskey has soared in the last decade, as the nation’s rediscovery of brown spirits led to an emerging market for luxe, ultra-premium spirits to cater to the high-rolling whiskey aficionado. These high price tags, in turn, seemed to have a gravitational effect upon the budget brands of yore, pulling them steadily upward. Although attention and debate have often been directed toward the $100 and beyond bottles, it’s been the creep of $10 bottles into the $20 and $30 range that is arguably a bigger deal in the long run.
Suffice to say, we’re living today in a bourbon market that has matured from a pricing standpoint, with only the older drinkers left to remember the halcyon days of the early 2000s, when spectacular bottles of well-aged bourbon routinely could be had for relative pocket change, and spending more than $50 seemed like an insane proposition.
Any debate on “value,” then, must be built around the relative price points of the entire industry, to give it context. Nor does “value” only exist in budget bourbon, either—it can be found on the bottom shelf, the mid-shelf and the top-shelf, if you know where to look. One bottle of $60 bourbon may represent a MUCH bigger value than another, when compared against the rest of the stuff on the shelf.
Here then, are some of our picks for the best values in bourbon today, broken up into three different price tiers—five bourbons per tier.
The Best Budget Bourbon ValuesMSRPs: Less than $20
The bottom shelf is probably what you think of first, when you imagine “value” in bourbon, and indeed there’s plenty of whiskey here that stacks up very nicely against bottles that cost twice as much. There’s also some pretty foul whiskey in this price tier, however, so it behooves you to be able to sort the wheat from the chaff. You can spend $13 on a bottle of bourbon and be rewarded with something that your friends grudgingly agree is “surprisingly good!”, or something that is total rotgut. It’s a gamble, is what we’re saying.
Unsurprisingly, the bigger distilling companies—the most recognizable names in the industry—are able to offer a greater degree of budget bourbon value, benefitting as they do from economies of scale. Craft bourbon can’t really compete at these prices, nor should they try to.
You will likely recognize some of these picks as ones that we enjoyed during our blind tasting of 13 bottom-shelf bourbons that cost less than $15, but there are a few more here as well that push the price point slightly higher.
Benchmark Old No. 8 BourbonDistillery: Buffalo Trace
ABV: 40% (80 proof)
Price: $10
Buffalo Trace is arguably the most rabidly popular and sought-after American bourbon distillery today, and that unfortunately does not correlate with “value” in most cases. Even products such as the flagship Buffalo Trace Bourbon have often seen their prices jacked way up in response to demand, but there’s one product that has remained BT’s secret weapon: Benchmark. Whereas other value bourbons from BT such as Ancient Age are made with the distillery’s #2 mashbill that is higher in rye, this is the softer, richer #1 mashbill, and at 10 it’s an outrageous value. You might even find this one for less than a single Hamilton! As we wrote when tasting it before:
This bourbon comes across as sweet, oily and rich, but pleasantly approachable and easy drinking at the same time. A bit fuller in texture than most, it presents flavors that you might expect to find in a wheated bourbon: Cherry and dark berries, molasses, light florals, vanilla bean and a slightly cereal/cream of wheat graininess. Viscous and full bodied, at least in comparison with the other 80 proof bourbons in this tasting, it prompted one taster to write that it “punches well above its weight” on his score sheet. For less than $10, I’m not sure you’re going to find a better bourbon for neat drinking than this. Benchmark is a rather incredible bottom shelf value, and one that can be found at almost any package store.
Evan Williams (black or white label)Distillery: Heaven Hill
ABV: 40-50% (80 or 100 proof)
Price: $10-15
Heaven Hill is a distillery with no shortage of high-value bourbons and ryes, with the Evan Williams family essentially serving as the public face of its “bang for your buck” reputation. It doesn’t matter if you select the flagship Evan Williams black label (80 proof) or bottled-in-bond “white label” (100 proof) here—each is simply a riff on the same flavor profile, at differing strengths. Many bourbon geeks understandably opt for the white label for its increased strength, especially given that it often costs only a couple bucks more at the package store, typically hanging around the $15 range. Of note: Evan Williams Single Barrel is also available at $25, and is one of the best values in single barrel bourbon as a result.
As we wrote the last time we tasted Evan Williams white label, in particular:
Both on the nose and the palate, it was immediately clear to all tasters that this was a significantly more assertive, fiery bourbon that most of the other stuff on the table. The nose is pretty classical, with loads of sweet caramel and vanilla, with a touch of roasted peanuts. Toffee sweetness on the palate gives way to hot cinnamon candy, toasted oak and burnt sugar. It’s not exactly “complex,” per se, but it’s strong, classical bourbon that would make a dynamite, highly intoxicating old fashioned without a doubt.
Very Old BartonDistillery: Barton 1792
ABV: 40-50% (80-100 proof)
Price: $12-20
The winner of our bottom-shelf bourbon blind tasting wasn’t exactly a whiskey we were expecting, but that’s par for the course when it comes to Barton, which perpetually seems to be underestimated in the eyes of whiskey geeks. This distillery, despite being one of the old Kentucky stalwarts, has a way of flying under the radar despite the fact that they make some very good bourbon and routinely win awards. That’s just sort of become part of the distillery’s identity, so Very Old Barton is a perfect budget flagship, although it’s not the most widely available on this list.
Very Old Barton is available in different states/markets in a confusingly wide variety of proofs, which includes 80, 86, 90 and 100 proof versions, but they’re all the same liquid, aged on average 4-6 years, though it lacks an official age statement. All the versions are winners, although it’s the 90 proof that won our hearts in our blind tasting. As we wrote at the time:
On the nose, this feels like a classical, decently aged bourbon: Plenty of caramel, vanilla, some oaky char and a good amount of baking spices (cinnamon, ginger, clove). On the palate it feels slick and moderately viscous, with plenty of peppery rye spice and a growing hint of black cherry that swells on repeated sips. Dare we say, this one actually tastes a bit older than it is, especially in terms of the oak and spice complexity that is present. It has a nice rye character without seeming like a rye whiskey, because it never loses its fullness of body or corny sweetness, all of which make it a joy to drink neat.
Wild Turkey 81 or 101Distillery: Wild Turkey
ABV: 40.5-50.5% (81 or 101 proof)
Price: $15-20
Old-school whiskey drinkers know that Wild Turkey has always been a destination for both value and quality. Modern bourbon geeks have sometimes ignored that value, thinking of the likes of Wild Turkey 101 as a “party” whiskey lacking in sophistication, but that doesn’t stop it from continuing to perform very well in taste-offs. The price has crept up as a result, and it may be harder to find it for $20 or under now, but WT 101 is still out there for less than a Jackson if you have access to a competitively priced package store.
If you don’t, of course, there’s always the less frequently seen Wild Turkey 81, which is sometimes relegated to bar wells, but is just as fine a product as the better-known 101.
Wild Turkey packs classic Kentucky bourbon flavors of caramel corn and honey, with earthy rye, char, hints of mint and a fairly dry finish—more lean and less desserty than some of the competition. This is bourbon for the bold; always has been and always will be. It even has a higher average age than most of the other bourbons in this category, and its humble appearance helps it continue to retain its value.
Four Roses BourbonDistillery: Four Roses
ABV: 40% (80 proof)
Price: $20
Four Roses can boast one of the most “complete” and well-rounded 80 proof bourbons on the market, competing handily against whiskeys that are either older or stronger with the complexity lent to this bourbon by the distillery’s famous blend of yeast strains and mash bills. All 10 disparate Four Roses recipes are typically used to make any given batch of the flagship Four Roses Bourbon, which yields a product that is considerably more complex than most of the other stuff you can find for $20 or less.
The combination of two high-rye mash bills (and five yeast strains) yields a flagship product that is defined by a delicate interplay of fruit, spice and floral notes. It’s not a very oak-forward whiskey; rather it’s on the richer, sweeter and softer side despite the herbal rye spice, with additional juicy red fruit notes and subtle wildflower freshness. You could consider it a gatekeeper in this category, as it straddles the dividing line between the true budget bourbons and the mid-shelf, but Four Roses Bourbon (as with most of their products) is a crowd pleaser in just about any application.
The Best Mid-Shelf Bourbon ValuesMSRPs: $20-50
The bourbon mid-shelf can be difficult to define, consisting of brands that have moved past the “introductory” or “extreme value” category. These brands are often flagships for their distilleries and represent major movers of product. From a distillery like Heaven Hill, that would be the likes of Elijah Craig Small Batch or Larceny (for wheated bourbon). For Barton 1792, it would be their namesake 1792 Small Batch. From Buffalo Trace, it would include both the namesake Buffalo Trace Bourbon and the fancier Eagle Rare, although some of these brands have seen their prices inflated in recent years. In general, this mid-shelf category usually offers at least decent value, at least compared to the splurgier end of the market.
Still, the type of bourbon you can acquire at $20 is pretty different from what comes along at closer to $50, so just be aware that this category is really just scratching the surface of what is available here.
Old Forester SignatureDistillery: Brown-Forman
ABV: 50% (100 proof)
Price: $25
Brown-Forman is another distillery with no shortage of good value plays, whether it’s on the budget side of things (Early Times Bottled-in-Bond) or the mid-shelf, but if you ask us, it’s the Old Forester line where the most value can usually be found. That brand’s flagship, 86 proof namesake bourbon is always a very good value at $15-20, but we’re more likely to shell out a few extra bucks for the upgrade to Old Forester Signature around $25. In exchange, you get a full hundred proof and a more explosive flavor profile that is more suitable to cocktails that need that extra oomph.
This particular offering is one that sometimes gets overlooked these days, given that Old Forester has been expanding its line with a lot more special releases (like the Whiskey Row series, and revamped Single Barrel offerings) in recent years. That’s probably what helps it remain an excellent value. What you get is a good expression of the Brown-Forman/Old Forester flavors you expect—cornbread and cinnamon, spicy rye and char, with hints of fruit that drinkers are equally likely to detect as cherry or banana on any given day. It’s a versatile cocktail bourbon with a friendly pricetag.
Old Grand Dad 114Distillery: Jim Beam
ABV: 57% (114 proof)
Price: $25-30
Jim Beam, monolith that it is, has no shortage of extreme budget bourbons, but we’ll be frank when we say that we’re not always fans of the Beam flavor profile for really young or low-strength whiskey, as is found in brands such as Old Crow or the standard Old Grand Dad. OGD 114, on the other hand, is one of the most extreme values in the entire bourbon market, once you factor in the proof and a respectable amount of aging, rumored to be 5-6 years. It’s very, very hard to beat this from a “bang for your buck” perspective, and it’s old enough and strong enough that the Beam flavor profile is rounding into form, yielding a flavor bomb that can often be yours for as little as $25. Try finding another moderately aged bourbon close to cask strength for $25—it’s not going to happen.
The Old Grand Dad lineup is made with Beam’s high-rye (27% rye) mash bill, which yields a spicier and slightly wilder whiskey than the juice that goes into the standard white label, with pronounced notes of citrus, pepper and slight leather, along with the corny sweetness and roasted peanuts you expect from younger Beam bourbons. This is an excellent way for drinkers to make a first foray into overproof bourbon in general, to perhaps dip a toe into the more bombastic side of the spectrum before exploring more barrel proof whiskeys. It’s not the only Beam bourbon we’ll be talking about on the mid-shelf, either.