According to the U.S. Bureau of Labor Statistics, prices for food were 2,456.89% higher in 2018 versus 1913 (a $24,568,890,756.30 difference in value).
Between 1913 and 2018:Food experienced an average inflation rate of 3.14% per year. This rate of change indicates significant inflation. In other words, food costing $1,000,000,000 in the year 1913 would cost $25,568,890,756.30 in 2018 for an equivalent purchase.
Below are calculations of equivalent buying power for Food, over time, for $1,000,000,000 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 | $1,000,000,000.00 | - |
| 1914 | $1,023,529,411.76 | 2.35% |
| 1915 | $1,014,285,714.29 | -0.90% |
| 1916 | $1,136,974,789.92 | 12.10% |
| 1917 | $1,463,025,210.08 | 28.68% |
| 1918 | $1,684,033,613.45 | 15.11% |
| 1919 | $1,873,109,243.70 | 11.23% |
| 1920 | $2,115,126,050.42 | 12.92% |
| 1921 | $1,603,361,344.54 | -24.20% |
| 1922 | $1,501,680,672.27 | -6.34% |
| 1923 | $1,551,260,504.20 | 3.30% |
| 1924 | $1,536,134,453.78 | -0.98% |
| 1925 | $1,663,865,546.22 | 8.32% |
| 1926 | $1,719,327,731.09 | 3.33% |
| 1927 | $1,657,142,857.14 | -3.62% |
| 1928 | $1,637,815,126.05 | -1.17% |
| 1929 | $1,658,823,529.41 | 1.28% |
| 1930 | $1,578,151,260.50 | -4.86% |
| 1931 | $1,300,840,336.13 | -17.57% |
| 1932 | $1,081,512,605.04 | -16.86% |
| 1933 | $1,050,420,168.07 | -2.87% |
| 1934 | $1,170,588,235.29 | 11.44% |
| 1935 | $1,256,302,521.01 | 7.32% |
| 1936 | $1,267,226,890.76 | 0.87% |
| 1937 | $1,319,327,731.09 | 4.11% |
| 1938 | $1,224,369,747.90 | -7.20% |
| 1939 | $1,192,436,974.79 | -2.61% |
| 1940 | $1,208,403,361.34 | 1.34% |
| 1941 | $1,318,487,394.96 | 9.11% |
| 1942 | $1,551,260,504.20 | 17.65% |
| 1943 | $1,724,369,747.90 | 11.16% |
| 1944 | $1,701,680,672.27 | -1.32% |
| 1945 | $1,740,336,134.45 | 2.27% |
| 1946 | $1,998,319,327.73 | 14.82% |
| 1947 | $2,426,050,420.17 | 21.40% |
| 1948 | $2,630,252,100.84 | 8.42% |
| 1949 | $2,527,731,092.44 | -3.90% |
| 1950 | $2,560,504,201.68 | 1.30% |
| 1951 | $2,846,218,487.39 | 11.16% |
| 1952 | $2,896,638,655.46 | 1.77% |
| 1953 | $2,850,420,168.07 | -1.60% |
| 1954 | $2,847,899,159.66 | -0.09% |
| 1955 | $2,805,042,016.81 | -1.50% |
| 1956 | $2,826,050,420.17 | 0.75% |
| 1957 | $2,916,806,722.69 | 3.21% |
| 1958 | $3,042,016,806.72 | 4.29% |
| 1959 | $2,990,756,302.52 | -1.69% |
| 1960 | $3,026,890,756.30 | 1.21% |
| 1961 | $3,061,344,537.82 | 1.14% |
| 1962 | $3,089,075,630.25 | 0.91% |
| 1963 | $3,132,773,109.24 | 1.41% |
| 1964 | $3,173,949,579.83 | 1.31% |
| 1965 | $3,244,537,815.13 | 2.22% |
| 1966 | $3,409,243,697.48 | 5.08% |
| 1967 | $3,434,453,781.51 | 0.74% |
| 1968 | $3,558,823,529.41 | 3.62% |
| 1969 | $3,742,016,806.72 | 5.15% |
| 1970 | $3,952,941,176.47 | 5.64% |
| 1971 | $4,068,907,563.03 | 2.93% |
| 1972 | $4,244,537,815.13 | 4.32% |
| 1973 | $4,857,983,193.28 | 14.45% |
| 1974 | $5,557,983,193.28 | 14.41% |
| 1975 | $6,029,411,764.71 | 8.48% |
| 1976 | $6,215,126,050.42 | 3.08% |
| 1977 | $6,606,722,689.08 | 6.30% |
| 1978 | $7,266,386,554.62 | 9.98% |
| 1979 | $8,058,823,529.41 | 10.91% |
| 1980 | $8,750,420,168.07 | 8.58% |
| 1981 | $9,434,453,781.51 | 7.82% |
| 1982 | $9,816,806,722.69 | 4.05% |
| 1983 | $10,024,369,747.90 | 2.11% |
| 1984 | $10,410,084,033.61 | 3.85% |
| 1985 | $10,645,378,151.26 | 2.26% |
| 1986 | $10,985,714,285.71 | 3.20% |
| 1987 | $11,443,697,478.99 | 4.17% |
| 1988 | $11,916,806,722.69 | 4.13% |
| 1989 | $12,612,605,042.02 | 5.84% |
| 1990 | $13,347,899,159.66 | 5.83% |
| 1991 | $13,739,495,798.32 | 2.93% |
| 1992 | $13,905,042,016.81 | 1.20% |
| 1993 | $14,204,201,680.67 | 2.15% |
| 1994 | $14,548,739,495.80 | 2.43% |
| 1995 | $14,966,386,554.62 | 2.87% |
| 1996 | $15,457,142,857.14 | 3.28% |
| 1997 | $15,859,663,865.55 | 2.60% |
| 1998 | $16,203,361,344.54 | 2.17% |
| 1999 | $16,547,899,159.66 | 2.13% |
| 2000 | $16,922,689,075.63 | 2.26% |
| 2001 | $17,453,781,512.61 | 3.14% |
| 2002 | $17,769,747,899.16 | 1.81% |
| 2003 | $18,148,739,495.80 | 2.13% |
| 2004 | $18,773,949,579.83 | 3.44% |
| 2005 | $19,232,773,109.24 | 2.44% |
| 2006 | $19,681,512,605.04 | 2.33% |
| 2007 | $20,462,109,243.70 | 3.97% |
| 2008 | $21,590,563,025.21 | 5.51% |
| 2009 | $21,978,663,865.55 | 1.80% |
| 2010 | $22,147,067,226.89 | 0.77% |
| 2011 | $22,975,613,445.38 | 3.74% |
| 2012 | $23,574,184,873.95 | 2.61% |
| 2013 | $23,902,882,352.94 | 1.39% |
| 2014 | $24,476,420,168.07 | 2.40% |
| 2015 | $24,931,243,697.48 | 1.86% |
| 2016 | $25,001,470,588.24 | 0.28% |
| 2017 | $25,216,630,252.10 | 0.86% |
| 2018 | $25,568,890,756.30 | 1.40% |
| 2019 | $26,048,689,075.63 | 1.88% |
| 2020 | $26,946,487,394.96 | 3.45% |
| 2021 | $28,008,966,386.55 | 3.94% |
| 2022 | $30,795,394,957.98 | 9.95% |
| 2023 | $32,567,882,352.94 | 5.76% |
| 2024 | $33,303,789,915.97 | 2.26% |
| 2025 | $34,223,807,486.63 | 2.76% |
| 2026 | $34,459,260,504.20 | 0.69%* |
* 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 | 2025 | 2026 |
| CPI | 9.917 | 10.150 | 10.058 | 11.275 | 14.508 | 16.700 | 18.575 | 20.975 | 15.900 | 14.892 | 15.383 | 15.233 | 16.500 | 17.050 | 16.433 | 16.242 | 16.450 | 15.650 | 12.900 | 10.725 | 10.417 | 11.608 | 12.458 | 12.567 | 13.083 | 12.142 | 11.825 | 11.983 | 13.075 | 15.383 | 17.100 | 16.875 | 17.258 | 19.817 | 24.058 | 26.083 | 25.067 | 25.392 | 28.225 | 28.725 | 28.267 | 28.242 | 27.817 | 28.025 | 28.925 | 30.167 | 29.658 | 30.017 | 30.358 | 30.633 | 31.067 | 31.475 | 32.175 | 33.808 | 34.058 | 35.292 | 37.108 | 39.200 | 40.350 | 42.092 | 48.175 | 55.117 | 59.792 | 61.633 | 65.517 | 72.058 | 79.917 | 86.775 | 93.558 | 97.350 | 99.408 | 103.233 | 105.567 | 108.942 | 113.483 | 118.175 | 125.075 | 132.367 | 136.250 | 137.892 | 140.858 | 144.275 | 148.417 | 153.283 | 157.275 | 160.683 | 164.100 | 167.817 | 173.083 | 176.217 | 179.975 | 186.175 | 190.725 | 195.175 | 202.916 | 214.106 | 217.955 | 219.625 | 227.841 | 233.777 | 237.037 | 242.725 | 247.235 | 247.931 | 250.065 | 253.558 | 258.316 | 267.219 | 277.756 | 305.388 | 322.965 | 330.263 | 339.386 | 341.721 |