According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 735% higher in 2026 versus 1971 (a $1,029 difference in value).
Between 1971 and 2026, Food and beverages experienced an average inflation rate of 3.93% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $140 in the year 1971 would cost $1,169 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.90% during this same period, inflation for food and beverages was higher.
In the year 1971: Pricing changed by 3.07%, which is below the average yearly change for food and beverages during the 1971-2026 time period. Compared to inflation for all items in 1971 (4.29%), inflation for food and beverages was lower.
The official rate is based on an average household's spending, so your own inflation rate is probably different. The personal inflation calculator works it out from your budget.
Below are calculations of equivalent buying power for Food and beverages, over time, for $140 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1971 | $140.00 | 3.07% |
| 1972 | $145.78 | 4.13% |
| 1973 | $165.16 | 13.29% |
| 1974 | $187.89 | 13.76% |
| 1975 | $203.74 | 8.44% |
| 1976 | $210.03 | 3.09% |
| 1977 | $222.55 | 5.96% |
| 1978 | $244.29 | 9.77% |
| 1979 | $270.47 | 10.71% |
| 1980 | $293.62 | 8.56% |
| 1981 | $316.44 | 7.77% |
| 1982 | $329.33 | 4.07% |
| 1983 | $336.66 | 2.23% |
| 1984 | $349.32 | 3.76% |
| 1985 | $357.47 | 2.33% |
| 1986 | $369.12 | 3.26% |
| 1987 | $384.15 | 4.07% |
| 1988 | $400.00 | 4.13% |
| 1989 | $422.68 | 5.67% |
| 1990 | $447.02 | 5.76% |
| 1991 | $462.95 | 3.56% |
| 1992 | $469.36 | 1.38% |
| 1993 | $479.17 | 2.09% |
| 1994 | $490.31 | 2.32% |
| 1995 | $503.82 | 2.76% |
| 1996 | $520.21 | 3.25% |
| 1997 | $533.86 | 2.62% |
| 1998 | $545.19 | 2.12% |
| 1999 | $556.93 | 2.15% |
| 2000 | $569.79 | 2.31% |
| 2001 | $587.41 | 3.09% |
| 2002 | $598.22 | 1.84% |
| 2003 | $611.02 | 2.14% |
| 2004 | $631.64 | 3.37% |
| 2005 | $646.98 | 2.43% |
| 2006 | $662.15 | 2.35% |
| 2007 | $688.04 | 3.91% |
| 2008 | $725.02 | 5.37% |
| 2009 | $738.64 | 1.88% |
| 2010 | $744.51 | 0.79% |
| 2011 | $771.18 | 3.58% |
| 2012 | $790.82 | 2.55% |
| 2013 | $801.98 | 1.41% |
| 2014 | $820.53 | 2.31% |
| 2015 | $835.28 | 1.80% |
| 2016 | $838.15 | 0.34% |
| 2017 | $845.54 | 0.88% |
| 2018 | $857.42 | 1.40% |
| 2019 | $873.21 | 1.84% |
| 2020 | $902.36 | 3.34% |
| 2021 | $936.84 | 3.82% |
| 2022 | $1,026.54 | 9.58% |
| 2023 | $1,084.65 | 5.66% |
| 2024 | $1,108.92 | 2.24% |
| 2025 | $1,140.04 | 2.81% |
| 2026 | $1,169.00 | 2.54%* |
* 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 | 345.412 |