According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 735.93% higher in 2025 versus 1970 (a $20,606,004,121.14 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 $2,800,000,000 in the year 1970 would cost $23,406,004,121.14 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 $2,800,000,000 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 | $2,800,000,000.00 | 5.44% |
| 1971 | $2,886,409,814.07 | 3.09% |
| 1972 | $3,005,558,750.24 | 4.13% |
| 1973 | $3,404,868,698.49 | 13.29% |
| 1974 | $3,873,413,839.37 | 13.76% |
| 1975 | $4,200,268,353.46 | 8.44% |
| 1976 | $4,330,151,428.02 | 3.09% |
| 1977 | $4,588,307,456.39 | 5.96% |
| 1978 | $5,036,457,734.33 | 9.77% |
| 1979 | $5,575,848,188.61 | 10.71% |
| 1980 | $6,052,980,640.21 | 8.56% |
| 1981 | $6,523,672,608.78 | 7.78% |
| 1982 | $6,789,342,534.02 | 4.07% |
| 1983 | $6,940,693,885.37 | 2.23% |
| 1984 | $7,201,533,448.34 | 3.76% |
| 1985 | $7,369,522,714.20 | 2.33% |
| 1986 | $7,609,967,414.22 | 3.26% |
| 1987 | $7,919,647,306.88 | 4.07% |
| 1988 | $8,246,501,820.97 | 4.13% |
| 1989 | $8,713,973,548.02 | 5.67% |
| 1990 | $9,215,794,517.92 | 5.76% |
| 1991 | $9,544,259,152.77 | 3.56% |
| 1992 | $9,676,289,055.01 | 1.38% |
| 1993 | $9,878,627,563.73 | 2.09% |
| 1994 | $10,108,338,125.36 | 2.33% |
| 1995 | $10,386,889,016.68 | 2.76% |
| 1996 | $10,724,477,669.16 | 3.25% |
| 1997 | $11,005,712,095.07 | 2.62% |
| 1998 | $11,239,716,312.06 | 2.13% |
| 1999 | $11,481,771,132.83 | 2.15% |
| 2000 | $11,746,904,351.16 | 2.31% |
| 2001 | $12,110,254,935.79 | 3.09% |
| 2002 | $12,332,988,307.46 | 1.84% |
| 2003 | $12,596,511,405.02 | 2.14% |
| 2004 | $13,021,583,285.41 | 3.37% |
| 2005 | $13,338,240,368.03 | 2.43% |
| 2006 | $13,651,140,502.20 | 2.35% |
| 2007 | $14,184,600,345.03 | 3.91% |
| 2008 | $14,946,901,284.26 | 5.37% |
| 2009 | $15,227,663,408.09 | 1.88% |
| 2010 | $15,348,701,552.62 | 0.79% |
| 2011 | $15,898,638,297.87 | 3.58% |
| 2012 | $16,303,589,035.84 | 2.55% |
| 2013 | $16,533,551,849.72 | 1.41% |
| 2014 | $16,916,095,073.80 | 2.31% |
| 2015 | $17,220,005,367.07 | 1.80% |
| 2016 | $17,279,198,773.24 | 0.34% |
| 2017 | $17,431,612,804.29 | 0.88% |
| 2018 | $17,676,458,501.05 | 1.40% |
| 2019 | $18,002,057,120.95 | 1.84% |
| 2020 | $18,602,911,251.68 | 3.34% |
| 2021 | $19,313,806,402.15 | 3.82% |
| 2022 | $21,163,137,435.31 | 9.58% |
| 2023 | $22,361,045,811.77 | 5.66% |
| 2024 | $22,861,406,938.85 | 2.24% |
| 2025 | $23,406,004,121.14 | 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 |