According to the U.S. Bureau of Labor Statistics, prices for food and beverages were 611.14% higher in 2021 versus 1969 (a $122.23 difference in value).
Between 1969 and 2021: Food and beverages experienced an average inflation rate of 3.84% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $20 in the year 1969 would cost $142.23 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.86% during this same period, inflation for food and beverages was lower.
In the year 1969: Pricing changed by 5.01%, which is above the average yearly change for food and beverages during the 1969-2021 time period. Compared to inflation for all items in 1969 (5.46%), inflation for food and beverages was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Food and beverages:
Year | 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 |
CPI | 34.992 | 36.233 | 38.050 | 40.125 | 41.375 | 43.075 | 48.800 | 55.508 | 60.192 | 62.075 | 65.767 | 72.183 | 79.933 | 86.750 | 93.517 | 97.300 | 99.475 | 103.217 | 105.583 | 109.058 | 113.550 | 118.183 | 124.908 | 132.075 | 136.767 | 138.675 | 141.608 | 144.858 | 148.867 | 153.675 | 157.742 | 161.100 | 164.550 | 168.350 | 173.583 | 176.750 | 180.542 | 186.642 | 191.183 | 195.667 | 203.303 | 214.232 | 218.249 | 219.982 | 227.866 | 233.657 | 236.958 | 242.444 | 246.804 | 247.656 | 249.846 | 253.356 | 258.022 | 266.626 | 270.587 |
Below are calculations of equivalent buying power for Food and beverages, over time, for $20 beginning in 1969. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1969 | $20.00 | 5.01% |
1970 | $21.09 | 5.45% |
1971 | $21.75 | 3.12% |
1972 | $22.64 | 4.11% |
1973 | $25.65 | 13.29% |
1974 | $29.18 | 13.75% |
1975 | $31.64 | 8.44% |
1976 | $32.63 | 3.13% |
1977 | $34.57 | 5.95% |
1978 | $37.94 | 9.76% |
1979 | $42.01 | 10.74% |
1980 | $45.60 | 8.53% |
1981 | $49.15 | 7.80% |
1982 | $51.14 | 4.05% |
1983 | $52.29 | 2.24% |
1984 | $54.25 | 3.76% |
1985 | $55.50 | 2.29% |
1986 | $57.32 | 3.29% |
1987 | $59.68 | 4.12% |
1988 | $62.12 | 4.08% |
1989 | $65.65 | 5.69% |
1990 | $69.42 | 5.74% |
1991 | $71.89 | 3.55% |
1992 | $72.89 | 1.40% |
1993 | $74.43 | 2.12% |
1994 | $76.14 | 2.30% |
1995 | $78.25 | 2.77% |
1996 | $80.78 | 3.23% |
1997 | $82.91 | 2.65% |
1998 | $84.68 | 2.13% |
1999 | $86.49 | 2.14% |
2000 | $88.49 | 2.31% |
2001 | $91.24 | 3.11% |
2002 | $92.90 | 1.82% |
2003 | $94.90 | 2.15% |
2004 | $98.10 | 3.38% |
2005 | $100.49 | 2.43% |
2006 | $102.85 | 2.35% |
2007 | $106.86 | 3.90% |
2008 | $112.61 | 5.38% |
2009 | $114.72 | 1.87% |
2010 | $115.63 | 0.79% |
2011 | $119.77 | 3.58% |
2012 | $122.82 | 2.54% |
2013 | $124.55 | 1.41% |
2014 | $127.43 | 2.32% |
2015 | $129.73 | 1.80% |
2016 | $130.17 | 0.35% |
2017 | $131.32 | 0.88% |
2018 | $133.17 | 1.41% |
2019 | $135.62 | 1.84% |
2020 | $140.14 | 3.33% |
2021 | $142.23 | 1.49%* |