According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 754.05% higher in 2026 versus 1970 (a $4,102,049,169,435,216 difference in value).
Between 1970 and 2026:Food and beverages experienced an average inflation rate of 3.90% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $544,000,000,000,000 in the year 1970 would cost $4,646,049,169,435,216 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.87% during this same period, inflation for food and beverages was higher.
In the year 1970: Pricing changed by 5.45%, which is above the average yearly change for food and beverages during the 1970-2026 time period. Compared to inflation for all items in 1970 (5.84%), inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $544,000,000,000,000 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 | $544,000,000,000,000.00 | 5.45% |
| 1971 | $560,717,607,973,421.94 | 3.07% |
| 1972 | $583,873,754,152,823.88 | 4.13% |
| 1973 | $661,475,083,056,478.50 | 13.29% |
| 1974 | $752,518,272,425,249.25 | 13.76% |
| 1975 | $815,999,999,999,999.88 | 8.44% |
| 1976 | $841,189,368,770,764.13 | 3.09% |
| 1977 | $891,342,192,691,030.13 | 5.96% |
| 1978 | $978,431,893,687,707.88 | 9.77% |
| 1979 | $1,083,255,813,953,488.50 | 10.71% |
| 1980 | $1,175,993,355,481,727.50 | 8.56% |
| 1981 | $1,267,375,415,282,392.00 | 7.77% |
| 1982 | $1,318,996,677,740,863.75 | 4.07% |
| 1983 | $1,348,365,448,504,983.50 | 2.23% |
| 1984 | $1,399,083,056,478,405.00 | 3.76% |
| 1985 | $1,431,727,574,750,830.50 | 2.33% |
| 1986 | $1,478,378,737,541,528.25 | 3.26% |
| 1987 | $1,538,584,717,607,973.00 | 4.07% |
| 1988 | $1,602,066,445,182,724.25 | 4.13% |
| 1989 | $1,692,883,720,930,232.75 | 5.67% |
| 1990 | $1,790,365,448,504,983.25 | 5.76% |
| 1991 | $1,854,186,046,511,627.75 | 3.56% |
| 1992 | $1,879,827,242,524,916.75 | 1.38% |
| 1993 | $1,919,136,212,624,585.00 | 2.09% |
| 1994 | $1,963,754,152,823,920.25 | 2.32% |
| 1995 | $2,017,860,465,116,279.00 | 2.76% |
| 1996 | $2,083,488,372,093,023.25 | 3.25% |
| 1997 | $2,138,159,468,438,538.25 | 2.62% |
| 1998 | $2,183,568,106,312,292.50 | 2.12% |
| 1999 | $2,230,558,139,534,883.50 | 2.15% |
| 2000 | $2,282,066,445,182,724.00 | 2.31% |
| 2001 | $2,352,664,451,827,243.00 | 3.09% |
| 2002 | $2,395,926,910,299,003.00 | 1.84% |
| 2003 | $2,447,209,302,325,581.00 | 2.14% |
| 2004 | $2,529,780,730,897,010.00 | 3.37% |
| 2005 | $2,591,229,235,880,398.50 | 2.43% |
| 2006 | $2,652,000,000,000,000.00 | 2.35% |
| 2007 | $2,755,688,704,318,937.00 | 3.91% |
| 2008 | $2,903,784,119,601,329.50 | 5.37% |
| 2009 | $2,958,328,704,318,937.00 | 1.88% |
| 2010 | $2,981,842,923,588,039.50 | 0.79% |
| 2011 | $3,088,680,863,787,375.50 | 3.58% |
| 2012 | $3,167,351,893,687,708.00 | 2.55% |
| 2013 | $3,212,027,441,860,465.50 | 1.41% |
| 2014 | $3,286,345,116,279,070.00 | 2.31% |
| 2015 | $3,345,387,641,196,013.50 | 1.80% |
| 2016 | $3,356,886,644,518,272.00 | 0.34% |
| 2017 | $3,386,497,142,857,142.50 | 0.88% |
| 2018 | $3,434,064,385,382,060.00 | 1.40% |
| 2019 | $3,497,319,069,767,441.50 | 1.84% |
| 2020 | $3,614,048,637,873,754.00 | 3.34% |
| 2021 | $3,752,156,411,960,134.00 | 3.82% |
| 2022 | $4,111,432,491,694,352.00 | 9.58% |
| 2023 | $4,344,154,019,933,554.50 | 5.66% |
| 2024 | $4,441,361,262,458,471.50 | 2.24% |
| 2025 | $4,565,985,382,059,800.00 | 2.81% |
| 2026 | $4,646,049,169,435,216.00 | 1.75%* |
* 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 | 2026 |
| CPI | 34.983 | 36.258 | 38.058 | 40.133 | 41.367 | 43.075 | 48.800 | 55.517 | 60.200 | 62.058 | 65.758 | 72.183 | 79.917 | 86.758 | 93.500 | 97.308 | 99.475 | 103.217 | 105.625 | 109.067 | 113.508 | 118.192 | 124.892 | 132.083 | 136.792 | 138.683 | 141.583 | 144.875 | 148.867 | 153.708 | 157.742 | 161.092 | 164.558 | 168.358 | 173.567 | 176.758 | 180.542 | 186.633 | 191.167 | 195.650 | 203.300 | 214.225 | 218.249 | 219.984 | 227.866 | 233.670 | 236.966 | 242.448 | 246.804 | 247.653 | 249.837 | 253.346 | 258.013 | 266.625 | 276.814 | 303.319 | 320.488 | 327.659 | 336.853 | 342.760 |