According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 735.93% higher in 2025 versus 1970 (a $4,783,536,670.98 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 $650,000,000 in the year 1970 would cost $5,433,536,670.98 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 $650,000,000 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 | $650,000,000.00 | 5.44% |
| 1971 | $670,059,421.12 | 3.09% |
| 1972 | $697,718,995.59 | 4.13% |
| 1973 | $790,415,947.86 | 13.29% |
| 1974 | $899,185,355.57 | 13.76% |
| 1975 | $975,062,296.34 | 8.44% |
| 1976 | $1,005,213,724.36 | 3.09% |
| 1977 | $1,065,142,802.38 | 5.96% |
| 1978 | $1,169,177,688.33 | 9.77% |
| 1979 | $1,294,393,329.50 | 10.71% |
| 1980 | $1,405,156,220.05 | 8.56% |
| 1981 | $1,514,423,998.47 | 7.78% |
| 1982 | $1,576,097,373.97 | 4.07% |
| 1983 | $1,611,232,509.10 | 2.23% |
| 1984 | $1,671,784,550.51 | 3.76% |
| 1985 | $1,710,782,058.65 | 2.33% |
| 1986 | $1,766,599,578.30 | 3.26% |
| 1987 | $1,838,489,553.38 | 4.07% |
| 1988 | $1,914,366,494.15 | 4.13% |
| 1989 | $2,022,886,716.50 | 5.67% |
| 1990 | $2,139,380,870.23 | 5.76% |
| 1991 | $2,215,631,589.04 | 3.56% |
| 1992 | $2,246,281,387.77 | 1.38% |
| 1993 | $2,293,252,827.30 | 2.09% |
| 1994 | $2,346,578,493.39 | 2.33% |
| 1995 | $2,411,242,093.16 | 2.76% |
| 1996 | $2,489,610,887.48 | 3.25% |
| 1997 | $2,554,897,450.64 | 2.62% |
| 1998 | $2,609,219,858.16 | 2.13% |
| 1999 | $2,665,411,155.84 | 2.15% |
| 2000 | $2,726,959,938.66 | 2.31% |
| 2001 | $2,811,309,181.52 | 3.09% |
| 2002 | $2,863,015,142.80 | 1.84% |
| 2003 | $2,924,190,147.59 | 2.14% |
| 2004 | $3,022,867,548.40 | 3.37% |
| 2005 | $3,096,377,228.29 | 2.43% |
| 2006 | $3,169,014,759.44 | 2.35% |
| 2007 | $3,292,853,651.52 | 3.91% |
| 2008 | $3,469,816,369.56 | 5.37% |
| 2009 | $3,534,993,291.16 | 1.88% |
| 2010 | $3,563,091,431.86 | 0.79% |
| 2011 | $3,690,755,319.15 | 3.58% |
| 2012 | $3,784,761,740.46 | 2.55% |
| 2013 | $3,838,145,965.11 | 1.41% |
| 2014 | $3,926,950,642.13 | 2.31% |
| 2015 | $3,997,501,245.93 | 1.80% |
| 2016 | $4,011,242,572.36 | 0.34% |
| 2017 | $4,046,624,401.00 | 0.88% |
| 2018 | $4,103,463,580.60 | 1.40% |
| 2019 | $4,179,048,974.51 | 1.84% |
| 2020 | $4,318,532,969.14 | 3.34% |
| 2021 | $4,483,562,200.50 | 3.82% |
| 2022 | $4,912,871,190.34 | 9.58% |
| 2023 | $5,190,957,063.45 | 5.66% |
| 2024 | $5,307,112,325.09 | 2.24% |
| 2025 | $5,433,536,670.98 | 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 |