According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 710.90% higher in 2025 versus 1971 (a $5,260,687.42 difference in value).
Between 1971 and 2025: Food and beverages experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $740,000 in the year 1971 would cost $6,000,687.42 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.91% during this same period, inflation for food and beverages was higher.
In the year 1971: Pricing changed by 3.09%, which is below the average yearly change for food and beverages during the 1971-2025 time period. Compared to inflation for all items in 1971 (4.30%), inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $740,000 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 | $740,000.00 | 3.09% |
| 1972 | $770,546.67 | 4.13% |
| 1973 | $872,919.30 | 13.29% |
| 1974 | $993,042.02 | 13.76% |
| 1975 | $1,076,838.97 | 8.44% |
| 1976 | $1,110,137.60 | 3.09% |
| 1977 | $1,176,322.05 | 5.96% |
| 1978 | $1,291,216.07 | 9.77% |
| 1979 | $1,429,501.67 | 10.71% |
| 1980 | $1,551,825.96 | 8.56% |
| 1981 | $1,672,499.07 | 7.78% |
| 1982 | $1,740,609.89 | 4.07% |
| 1983 | $1,779,412.42 | 2.23% |
| 1984 | $1,846,284.86 | 3.76% |
| 1985 | $1,889,352.92 | 2.33% |
| 1986 | $1,950,996.65 | 3.26% |
| 1987 | $2,030,390.48 | 4.07% |
| 1988 | $2,114,187.43 | 4.13% |
| 1989 | $2,234,034.96 | 5.67% |
| 1990 | $2,362,688.73 | 5.76% |
| 1991 | $2,446,898.48 | 3.56% |
| 1992 | $2,480,747.49 | 1.38% |
| 1993 | $2,532,621.79 | 2.09% |
| 1994 | $2,591,513.57 | 2.33% |
| 1995 | $2,662,926.74 | 2.76% |
| 1996 | $2,749,475.64 | 3.25% |
| 1997 | $2,821,576.79 | 2.62% |
| 1998 | $2,881,569.36 | 2.13% |
| 1999 | $2,943,625.88 | 2.15% |
| 2000 | $3,011,599.11 | 2.31% |
| 2001 | $3,104,752.70 | 3.09% |
| 2002 | $3,161,855.71 | 1.84% |
| 2003 | $3,229,416.14 | 2.14% |
| 2004 | $3,338,393.45 | 3.37% |
| 2005 | $3,419,576.05 | 2.43% |
| 2006 | $3,499,795.46 | 2.35% |
| 2007 | $3,636,560.62 | 3.91% |
| 2008 | $3,831,994.64 | 5.37% |
| 2009 | $3,903,974.71 | 1.88% |
| 2010 | $3,935,005.73 | 0.79% |
| 2011 | $4,075,995.13 | 3.58% |
| 2012 | $4,179,813.91 | 2.55% |
| 2013 | $4,238,770.36 | 1.41% |
| 2014 | $4,336,844.44 | 2.31% |
| 2015 | $4,414,759.09 | 1.80% |
| 2016 | $4,429,934.73 | 0.34% |
| 2017 | $4,469,009.71 | 0.88% |
| 2018 | $4,531,781.74 | 1.40% |
| 2019 | $4,615,256.71 | 1.84% |
| 2020 | $4,769,300.00 | 3.34% |
| 2021 | $4,951,554.93 | 3.82% |
| 2022 | $5,425,675.05 | 9.58% |
| 2023 | $5,732,787.43 | 5.66% |
| 2024 | $5,861,066.94 | 2.24% |
| 2025 | $6,000,687.42 | 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 |