According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 710.90% higher in 2025 versus 1971 (a $6,255,952.60 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 $880,000 in the year 1971 would cost $7,135,952.60 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 $880,000 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 | $880,000.00 | 3.09% |
| 1972 | $916,325.77 | 4.13% |
| 1973 | $1,038,066.20 | 13.29% |
| 1974 | $1,180,914.84 | 13.76% |
| 1975 | $1,280,565.27 | 8.44% |
| 1976 | $1,320,163.63 | 3.09% |
| 1977 | $1,398,869.47 | 5.96% |
| 1978 | $1,535,500.19 | 9.77% |
| 1979 | $1,699,947.94 | 10.71% |
| 1980 | $1,845,414.65 | 8.56% |
| 1981 | $1,988,917.81 | 7.78% |
| 1982 | $2,069,914.47 | 4.07% |
| 1983 | $2,116,058.01 | 2.23% |
| 1984 | $2,195,582.00 | 3.76% |
| 1985 | $2,246,798.07 | 2.33% |
| 1986 | $2,320,104.13 | 3.26% |
| 1987 | $2,414,518.41 | 4.07% |
| 1988 | $2,514,168.84 | 4.13% |
| 1989 | $2,656,690.22 | 5.67% |
| 1990 | $2,809,683.90 | 5.76% |
| 1991 | $2,909,825.21 | 3.56% |
| 1992 | $2,950,078.10 | 1.38% |
| 1993 | $3,011,766.46 | 2.09% |
| 1994 | $3,081,799.93 | 2.33% |
| 1995 | $3,166,723.69 | 2.76% |
| 1996 | $3,269,646.71 | 3.25% |
| 1997 | $3,355,388.62 | 2.62% |
| 1998 | $3,426,731.13 | 2.13% |
| 1999 | $3,500,528.08 | 2.15% |
| 2000 | $3,581,361.10 | 2.31% |
| 2001 | $3,692,138.34 | 3.09% |
| 2002 | $3,760,044.63 | 1.84% |
| 2003 | $3,840,386.76 | 2.14% |
| 2004 | $3,969,981.41 | 3.37% |
| 2005 | $4,066,522.87 | 2.43% |
| 2006 | $4,161,918.93 | 2.35% |
| 2007 | $4,324,558.57 | 3.91% |
| 2008 | $4,556,966.60 | 5.37% |
| 2009 | $4,642,564.52 | 1.88% |
| 2010 | $4,679,466.27 | 0.79% |
| 2011 | $4,847,129.34 | 3.58% |
| 2012 | $4,970,589.51 | 2.55% |
| 2013 | $5,040,699.89 | 1.41% |
| 2014 | $5,157,328.52 | 2.31% |
| 2015 | $5,249,983.79 | 1.80% |
| 2016 | $5,268,030.49 | 0.34% |
| 2017 | $5,314,498.03 | 0.88% |
| 2018 | $5,389,145.85 | 1.40% |
| 2019 | $5,488,413.39 | 1.84% |
| 2020 | $5,671,600.00 | 3.34% |
| 2021 | $5,888,335.59 | 3.82% |
| 2022 | $6,452,154.11 | 9.58% |
| 2023 | $6,817,368.84 | 5.66% |
| 2024 | $6,969,917.44 | 2.24% |
| 2025 | $7,135,952.60 | 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 |