According to the U.S. Bureau of Labor Statistics, prices for food were 2,397.16% higher in 2018 versus 1914 (a $59,929.09 difference in value).
Between 1914 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 $2,500 in the year 1914 would cost $62,429.09 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.15% during this same period, inflation for food was lower.
In the year 1914: Pricing changed by 2.33%, which is below the average yearly change for food during the 1914-2018 time period. Compared to inflation for all items in 1914 (1.32%), inflation for food was higher.
Below are calculations of equivalent buying power for Food, over time, for $2,500 beginning in 1914. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1914 | $2,500.00 | 2.33% |
1915 | $2,475.38 | -0.98% |
1916 | $2,776.52 | 12.17% |
1917 | $3,571.97 | 28.65% |
1918 | $4,111.74 | 15.11% |
1919 | $4,573.86 | 11.24% |
1920 | $5,164.77 | 12.92% |
1921 | $3,914.77 | -24.20% |
1922 | $3,666.67 | -6.34% |
1923 | $3,787.88 | 3.31% |
1924 | $3,750.00 | -1.00% |
1925 | $4,062.50 | 8.33% |
1926 | $4,196.97 | 3.31% |
1927 | $4,045.45 | -3.61% |
1928 | $4,000.00 | -1.12% |
1929 | $4,051.14 | 1.28% |
1930 | $3,852.27 | -4.91% |
1931 | $3,176.14 | -17.55% |
1932 | $2,640.15 | -16.88% |
1933 | $2,564.39 | -2.87% |
1934 | $2,857.95 | 11.45% |
1935 | $3,066.29 | 7.29% |
1936 | $3,094.70 | 0.93% |
1937 | $3,221.59 | 4.10% |
1938 | $2,988.64 | -7.23% |
1939 | $2,910.98 | -2.60% |
1940 | $2,950.76 | 1.37% |
1941 | $3,219.70 | 9.11% |
1942 | $3,787.88 | 17.65% |
1943 | $4,210.23 | 11.15% |
1944 | $4,155.30 | -1.30% |
1945 | $4,250.00 | 2.28% |
1946 | $4,878.79 | 14.80% |
1947 | $5,924.24 | 21.43% |
1948 | $6,422.35 | 8.41% |
1949 | $6,170.45 | -3.92% |
1950 | $6,251.89 | 1.32% |
1951 | $6,948.86 | 11.15% |
1952 | $7,071.97 | 1.77% |
1953 | $6,960.23 | -1.58% |
1954 | $6,952.65 | -0.11% |
1955 | $6,848.48 | -1.50% |
1956 | $6,899.62 | 0.75% |
1957 | $7,121.21 | 3.21% |
1958 | $7,428.03 | 4.31% |
1959 | $7,303.03 | -1.68% |
1960 | $7,390.15 | 1.19% |
1961 | $7,475.38 | 1.15% |
1962 | $7,541.67 | 0.89% |
1963 | $7,649.62 | 1.43% |
1964 | $7,750.00 | 1.31% |
1965 | $7,922.35 | 2.22% |
1966 | $8,323.86 | 5.07% |
1967 | $8,386.36 | 0.75% |
1968 | $8,689.39 | 3.61% |
1969 | $9,136.36 | 5.14% |
1970 | $9,651.52 | 5.64% |
1971 | $9,935.61 | 2.94% |
1972 | $10,363.64 | 4.31% |
1973 | $11,861.74 | 14.46% |
1974 | $13,570.08 | 14.40% |
1975 | $14,721.59 | 8.49% |
1976 | $15,174.24 | 3.07% |
1977 | $16,130.68 | 6.30% |
1978 | $17,740.53 | 9.98% |
1979 | $19,676.14 | 10.91% |
1980 | $21,365.53 | 8.59% |
1981 | $23,035.98 | 7.82% |
1982 | $23,969.70 | 4.05% |
1983 | $24,475.38 | 2.11% |
1984 | $25,416.67 | 3.85% |
1985 | $25,992.42 | 2.27% |
1986 | $26,823.86 | 3.20% |
1987 | $27,941.29 | 4.17% |
1988 | $29,096.59 | 4.13% |
1989 | $30,795.45 | 5.84% |
1990 | $32,590.91 | 5.83% |
1991 | $33,547.35 | 2.93% |
1992 | $33,950.76 | 1.20% |
1993 | $34,681.82 | 2.15% |
1994 | $35,522.73 | 2.42% |
1995 | $36,541.67 | 2.87% |
1996 | $37,740.53 | 3.28% |
1997 | $38,723.48 | 2.60% |
1998 | $39,562.50 | 2.17% |
1999 | $40,403.41 | 2.13% |
2000 | $41,318.18 | 2.26% |
2001 | $42,615.53 | 3.14% |
2002 | $43,386.36 | 1.81% |
2003 | $44,312.50 | 2.13% |
2004 | $45,839.02 | 3.44% |
2005 | $46,958.33 | 2.44% |
2006 | $48,054.92 | 2.34% |
2007 | $49,960.36 | 3.97% |
2008 | $52,715.59 | 5.51% |
2009 | $53,663.18 | 1.80% |
2010 | $54,074.36 | 0.77% |
2011 | $56,097.35 | 3.74% |
2012 | $57,558.81 | 2.61% |
2013 | $58,361.36 | 1.39% |
2014 | $59,761.72 | 2.40% |
2015 | $60,872.22 | 1.86% |
2016 | $61,043.67 | 0.28% |
2017 | $61,569.02 | 0.86% |
2018 | $62,429.09 | 1.40% |
2019 | $63,600.57 | 1.88% |
2020 | $65,792.63 | 3.45% |
2021 | $68,386.80 | 3.94% |
2022 | $75,190.15 | 9.95% |
2023 | $79,517.86 | 5.76% |
2024 | $80,683.79 | 1.47%* |
* 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 | 327.700 |