According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 735.93% higher in 2025 versus 1970 (a $17,426,792.06 difference in value).
Between 1970 and 2025: Food and beverages experienced an average inflation rate of 3.94% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $2,368,000 in the year 1970 would cost $19,794,792.06 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation for food and beverages was higher.
In the year 1970: Pricing changed by 5.44%, which is above the average yearly change for food and beverages during the 1970-2025 time period. Compared to inflation for all items in 1970 (5.83%), inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $2,368,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1970 | $2,368,000.00 | 5.44% |
| 1971 | $2,441,078.01 | 3.09% |
| 1972 | $2,541,843.97 | 4.13% |
| 1973 | $2,879,546.10 | 13.29% |
| 1974 | $3,275,801.42 | 13.76% |
| 1975 | $3,552,226.95 | 8.44% |
| 1976 | $3,662,070.92 | 3.09% |
| 1977 | $3,880,397.16 | 5.96% |
| 1978 | $4,259,404.26 | 9.77% |
| 1979 | $4,715,574.47 | 10.71% |
| 1980 | $5,119,092.20 | 8.56% |
| 1981 | $5,517,163.12 | 7.78% |
| 1982 | $5,741,843.97 | 4.07% |
| 1983 | $5,869,843.97 | 2.23% |
| 1984 | $6,090,439.72 | 3.76% |
| 1985 | $6,232,510.64 | 2.33% |
| 1986 | $6,435,858.16 | 3.26% |
| 1987 | $6,697,758.87 | 4.07% |
| 1988 | $6,974,184.40 | 4.13% |
| 1989 | $7,369,531.91 | 5.67% |
| 1990 | $7,793,929.08 | 5.76% |
| 1991 | $8,071,716.31 | 3.56% |
| 1992 | $8,183,375.89 | 1.38% |
| 1993 | $8,354,496.45 | 2.09% |
| 1994 | $8,548,765.96 | 2.33% |
| 1995 | $8,784,340.43 | 2.76% |
| 1996 | $9,069,843.97 | 3.25% |
| 1997 | $9,307,687.94 | 2.62% |
| 1998 | $9,505,588.65 | 2.13% |
| 1999 | $9,710,297.87 | 2.15% |
| 2000 | $9,934,524.82 | 2.31% |
| 2001 | $10,241,815.60 | 3.09% |
| 2002 | $10,430,184.40 | 1.84% |
| 2003 | $10,653,049.65 | 2.14% |
| 2004 | $11,012,539.01 | 3.37% |
| 2005 | $11,280,340.43 | 2.43% |
| 2006 | $11,544,964.54 | 2.35% |
| 2007 | $11,996,119.15 | 3.91% |
| 2008 | $12,640,807.94 | 5.37% |
| 2009 | $12,878,252.48 | 1.88% |
| 2010 | $12,980,616.17 | 0.79% |
| 2011 | $13,445,705.53 | 3.58% |
| 2012 | $13,788,178.16 | 2.55% |
| 2013 | $13,982,660.99 | 1.41% |
| 2014 | $14,306,183.26 | 2.31% |
| 2015 | $14,563,204.54 | 1.80% |
| 2016 | $14,613,265.25 | 0.34% |
| 2017 | $14,742,163.97 | 0.88% |
| 2018 | $14,949,233.48 | 1.40% |
| 2019 | $15,224,596.88 | 1.84% |
| 2020 | $15,732,747.80 | 3.34% |
| 2021 | $16,333,961.99 | 3.82% |
| 2022 | $17,897,967.66 | 9.58% |
| 2023 | $18,911,055.89 | 5.66% |
| 2024 | $19,334,218.44 | 2.24% |
| 2025 | $19,794,792.06 | 2.38%* |
* 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 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 | 2022 | 2023 | 2024 | 2025 |
| CPI | 34.985 | 36.254 | 38.062 | 40.131 | 41.369 | 43.077 | 48.800 | 55.515 | 60.200 | 62.062 | 65.762 | 72.185 | 79.915 | 86.754 | 93.500 | 97.308 | 99.477 | 103.215 | 105.623 | 109.069 | 113.508 | 118.192 | 124.892 | 132.085 | 136.792 | 138.685 | 141.585 | 144.877 | 148.869 | 153.708 | 157.738 | 161.092 | 164.562 | 168.362 | 173.569 | 176.762 | 180.538 | 186.631 | 191.169 | 195.654 | 203.300 | 214.225 | 218.249 | 219.984 | 227.866 | 233.670 | 236.966 | 242.449 | 246.804 | 247.653 | 249.837 | 253.346 | 258.013 | 266.625 | 276.814 | 303.319 | 320.488 | 327.659 | 335.465 |