According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 587.43% higher in 2025 versus 1973 (a $70,491,301.23 difference in value).
Between 1973 and 2025: Food and beverages experienced an average inflation rate of 3.78% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $12,000,000 in the year 1973 would cost $82,491,301.23 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.88% during this same period, inflation for food and beverages was lower.
In the year 1973: Pricing changed by 13.29%, which is significantly above the average yearly change for food and beverages during the 1973-2025 time period. Compared to inflation for all items in 1973 (6.18%), inflation for food and beverages was much higher.
Below are calculations of equivalent buying power for Food and beverages, over time, for $12,000,000 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1973 | $12,000,000.00 | 13.29% |
| 1974 | $13,651,324.09 | 13.76% |
| 1975 | $14,803,278.69 | 8.44% |
| 1976 | $15,261,034.05 | 3.09% |
| 1977 | $16,170,870.11 | 5.96% |
| 1978 | $17,750,315.26 | 9.77% |
| 1979 | $19,651,324.09 | 10.71% |
| 1980 | $21,332,912.99 | 8.56% |
| 1981 | $22,991,803.28 | 7.78% |
| 1982 | $23,928,121.06 | 4.07% |
| 1983 | $24,461,538.46 | 2.23% |
| 1984 | $25,380,832.28 | 3.76% |
| 1985 | $25,972,887.77 | 2.33% |
| 1986 | $26,820,302.65 | 3.26% |
| 1987 | $27,911,727.62 | 4.07% |
| 1988 | $29,063,682.22 | 4.13% |
| 1989 | $30,711,223.20 | 5.67% |
| 1990 | $32,479,823.46 | 5.76% |
| 1991 | $33,637,452.71 | 3.56% |
| 1992 | $34,102,774.27 | 1.38% |
| 1993 | $34,815,889.03 | 2.09% |
| 1994 | $35,625,472.89 | 2.33% |
| 1995 | $36,607,187.89 | 2.76% |
| 1996 | $37,796,973.52 | 3.25% |
| 1997 | $38,788,146.28 | 2.62% |
| 1998 | $39,612,862.55 | 2.13% |
| 1999 | $40,465,952.08 | 2.15% |
| 2000 | $41,400,378.31 | 2.31% |
| 2001 | $42,680,958.39 | 3.09% |
| 2002 | $43,465,952.08 | 1.84% |
| 2003 | $44,394,703.66 | 2.14% |
| 2004 | $45,892,812.11 | 3.37% |
| 2005 | $47,008,827.24 | 2.43% |
| 2006 | $48,111,601.51 | 2.35% |
| 2007 | $49,991,708.70 | 3.91% |
| 2008 | $52,678,335.44 | 5.37% |
| 2009 | $53,667,843.63 | 1.88% |
| 2010 | $54,094,426.23 | 0.79% |
| 2011 | $56,032,604.04 | 3.58% |
| 2012 | $57,459,798.23 | 2.55% |
| 2013 | $58,270,271.12 | 1.41% |
| 2014 | $59,618,493.06 | 2.31% |
| 2015 | $60,689,583.86 | 1.80% |
| 2016 | $60,898,203.03 | 0.34% |
| 2017 | $61,435,365.70 | 0.88% |
| 2018 | $62,298,291.30 | 1.40% |
| 2019 | $63,445,819.67 | 1.84% |
| 2020 | $65,563,448.93 | 3.34% |
| 2021 | $68,068,902.90 | 3.82% |
| 2022 | $74,586,620.43 | 9.58% |
| 2023 | $78,808,486.76 | 5.66% |
| 2024 | $80,571,941.99 | 2.24% |
| 2025 | $82,491,301.23 | 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 |