According to the U.S. Bureau of Labor Statistics, prices for food were 2,398.53% higher in 2016 versus 1913 (a $2,868,644,012.40 difference in value).
Between 1913 and 2016: Food experienced an average inflation rate of 3.17% per year. This rate of change indicates significant inflation. In other words, food costing $119,600,000 in the year 1913 would cost $2,988,244,012.40 in 2016 for an equivalent purchase.
Below are calculations of equivalent buying power for Food, over time, for $119,600,000 beginning in 1913. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1913 | $119,600,000.00 | - |
1914 | $122,381,395.35 | 2.33% |
1915 | $121,176,124.03 | -0.98% |
1916 | $135,917,519.38 | 12.17% |
1917 | $174,857,054.26 | 28.65% |
1918 | $201,280,310.08 | 15.11% |
1919 | $223,902,325.58 | 11.24% |
1920 | $252,828,837.21 | 12.92% |
1921 | $191,638,139.53 | -24.20% |
1922 | $179,492,713.18 | -6.34% |
1923 | $185,426,356.59 | 3.31% |
1924 | $183,572,093.02 | -1.00% |
1925 | $198,869,767.44 | 8.33% |
1926 | $205,452,403.10 | 3.31% |
1927 | $198,035,348.84 | -3.61% |
1928 | $195,810,232.56 | -1.12% |
1929 | $198,313,488.37 | 1.28% |
1930 | $188,578,604.65 | -4.91% |
1931 | $155,480,000.00 | -17.55% |
1932 | $129,242,170.54 | -16.88% |
1933 | $125,533,643.41 | -2.87% |
1934 | $139,904,186.05 | 11.45% |
1935 | $150,102,635.66 | 7.29% |
1936 | $151,493,333.33 | 0.93% |
1937 | $157,705,116.28 | 4.10% |
1938 | $146,301,395.35 | -7.23% |
1939 | $142,500,155.04 | -2.60% |
1940 | $144,447,131.78 | 1.37% |
1941 | $157,612,403.10 | 9.11% |
1942 | $185,426,356.59 | 17.65% |
1943 | $206,101,395.35 | 11.15% |
1944 | $203,412,713.18 | -1.30% |
1945 | $208,048,372.09 | 2.28% |
1946 | $238,829,147.29 | 14.80% |
1947 | $290,006,821.71 | 21.43% |
1948 | $314,390,387.60 | 8.41% |
1949 | $302,059,534.88 | -3.92% |
1950 | $306,046,201.55 | 1.32% |
1951 | $340,164,651.16 | 11.15% |
1952 | $346,191,007.75 | 1.77% |
1953 | $340,720,930.23 | -1.58% |
1954 | $340,350,077.52 | -0.11% |
1955 | $335,250,852.71 | -1.50% |
1956 | $337,754,108.53 | 0.75% |
1957 | $348,601,550.39 | 3.21% |
1958 | $363,621,085.27 | 4.31% |
1959 | $357,502,015.50 | -1.68% |
1960 | $361,766,821.71 | 1.19% |
1961 | $365,938,914.73 | 1.15% |
1962 | $369,183,875.97 | 0.89% |
1963 | $374,468,527.13 | 1.43% |
1964 | $379,382,325.58 | 1.31% |
1965 | $387,819,224.81 | 2.22% |
1966 | $407,474,418.60 | 5.07% |
1967 | $410,533,953.49 | 0.75% |
1968 | $425,368,062.02 | 3.61% |
1969 | $447,248,372.09 | 5.14% |
1970 | $472,466,356.59 | 5.64% |
1971 | $486,373,333.33 | 2.94% |
1972 | $507,326,511.63 | 4.31% |
1973 | $580,662,635.66 | 14.46% |
1974 | $664,289,922.48 | 14.40% |
1975 | $720,659,534.88 | 8.49% |
1976 | $742,817,984.50 | 3.07% |
1977 | $789,638,139.53 | 6.30% |
1978 | $868,444,341.09 | 9.98% |
1979 | $963,197,209.30 | 10.91% |
1980 | $1,045,897,364.34 | 8.59% |
1981 | $1,127,670,387.60 | 7.82% |
1982 | $1,173,377,984.50 | 4.05% |
1983 | $1,198,132,403.10 | 2.11% |
1984 | $1,244,210,852.71 | 3.85% |
1985 | $1,272,395,658.91 | 2.27% |
1986 | $1,313,096,744.19 | 3.20% |
1987 | $1,367,797,519.38 | 4.17% |
1988 | $1,424,352,558.14 | 4.13% |
1989 | $1,507,516,279.07 | 5.84% |
1990 | $1,595,408,372.09 | 5.83% |
1991 | $1,642,228,527.13 | 2.93% |
1992 | $1,661,976,434.11 | 1.20% |
1993 | $1,697,763,720.93 | 2.15% |
1994 | $1,738,928,372.09 | 2.42% |
1995 | $1,788,808,062.02 | 2.87% |
1996 | $1,847,495,503.88 | 3.28% |
1997 | $1,895,613,643.41 | 2.60% |
1998 | $1,936,685,581.40 | 2.17% |
1999 | $1,977,850,232.56 | 2.13% |
2000 | $2,022,630,697.67 | 2.26% |
2001 | $2,086,139,224.81 | 3.14% |
2002 | $2,123,873,488.37 | 1.81% |
2003 | $2,169,210,232.56 | 2.13% |
2004 | $2,243,937,054.26 | 3.44% |
2005 | $2,298,730,542.64 | 2.44% |
2006 | $2,352,411,472.87 | 2.34% |
2007 | $2,445,687,420.16 | 3.97% |
2008 | $2,580,562,843.41 | 5.51% |
2009 | $2,626,950,027.91 | 1.80% |
2010 | $2,647,078,058.91 | 0.77% |
2011 | $2,746,108,713.18 | 3.74% |
2012 | $2,817,650,837.21 | 2.61% |
2013 | $2,856,938,046.51 | 1.39% |
2014 | $2,925,489,243.41 | 2.40% |
2015 | $2,979,850,688.37 | 1.86% |
2016 | $2,988,244,012.40 | 0.28% |
2017 | $3,013,960,793.80 | 0.86% |
2018 | $3,056,063,702.33 | 1.40% |
2019 | $3,113,410,511.63 | 1.88% |
2020 | $3,220,717,671.32 | 3.45% |
2021 | $3,347,708,765.89 | 3.94% |
2022 | $3,680,750,263.57 | 9.95% |
2023 | $3,892,602,657.36 | 5.76% |
2024 | $3,947,613,094.57 | 1.41%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Food:
Year | 1913 | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 9.923 | 10.154 | 10.054 | 11.277 | 14.508 | 16.700 | 18.577 | 20.977 | 15.900 | 14.892 | 15.385 | 15.231 | 16.500 | 17.046 | 16.431 | 16.246 | 16.454 | 15.646 | 12.900 | 10.723 | 10.415 | 11.608 | 12.454 | 12.569 | 13.085 | 12.138 | 11.823 | 11.985 | 13.077 | 15.385 | 17.100 | 16.877 | 17.262 | 19.815 | 24.062 | 26.085 | 25.062 | 25.392 | 28.223 | 28.723 | 28.269 | 28.238 | 27.815 | 28.023 | 28.923 | 30.169 | 29.662 | 30.015 | 30.362 | 30.631 | 31.069 | 31.477 | 32.177 | 33.808 | 34.062 | 35.292 | 37.108 | 39.200 | 40.354 | 42.092 | 48.177 | 55.115 | 59.792 | 61.631 | 65.515 | 72.054 | 79.915 | 86.777 | 93.562 | 97.354 | 99.408 | 103.231 | 105.569 | 108.946 | 113.485 | 118.177 | 125.077 | 132.369 | 136.254 | 137.892 | 140.862 | 144.277 | 148.415 | 153.285 | 157.277 | 160.685 | 164.100 | 167.815 | 173.085 | 176.215 | 179.977 | 186.177 | 190.723 | 195.177 | 202.916 | 214.106 | 217.955 | 219.625 | 227.842 | 233.777 | 237.037 | 242.725 | 247.235 | 247.931 | 250.065 | 253.558 | 258.316 | 267.219 | 277.756 | 305.388 | 322.965 | 327.529 |