According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 594.38% higher in 2026 versus 1973 (a $124,819,610.66 difference in value).
Between 1973 and 2026: Food and beverages experienced an average inflation rate of 3.72% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $21,000,000 in the year 1973 would cost $145,819,610.66 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.82% 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 1973-2026 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 $21,000,000 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 | $21,000,000.00 | 13.29% |
| 1974 | $23,890,368.85 | 13.76% |
| 1975 | $25,905,737.70 | 8.44% |
| 1976 | $26,705,430.33 | 3.09% |
| 1977 | $28,297,643.44 | 5.96% |
| 1978 | $31,062,500.00 | 9.77% |
| 1979 | $34,390,368.85 | 10.71% |
| 1980 | $37,334,528.69 | 8.56% |
| 1981 | $40,235,655.74 | 7.77% |
| 1982 | $41,874,487.70 | 4.07% |
| 1983 | $42,806,864.75 | 2.23% |
| 1984 | $44,417,008.20 | 3.76% |
| 1985 | $45,453,381.15 | 2.33% |
| 1986 | $46,934,426.23 | 3.26% |
| 1987 | $48,845,799.18 | 4.07% |
| 1988 | $50,861,168.03 | 4.13% |
| 1989 | $53,744,364.75 | 5.67% |
| 1990 | $56,839,139.34 | 5.76% |
| 1991 | $58,865,266.39 | 3.56% |
| 1992 | $59,679,303.28 | 1.38% |
| 1993 | $60,927,254.10 | 2.09% |
| 1994 | $62,343,750.00 | 2.32% |
| 1995 | $64,061,475.41 | 2.76% |
| 1996 | $66,144,979.51 | 3.25% |
| 1997 | $67,880,635.25 | 2.62% |
| 1998 | $69,322,233.61 | 2.12% |
| 1999 | $70,814,036.89 | 2.15% |
| 2000 | $72,449,282.79 | 2.31% |
| 2001 | $74,690,573.77 | 3.09% |
| 2002 | $76,064,036.89 | 1.84% |
| 2003 | $77,692,110.66 | 2.14% |
| 2004 | $80,313,524.59 | 3.37% |
| 2005 | $82,264,344.26 | 2.43% |
| 2006 | $84,193,647.54 | 2.35% |
| 2007 | $87,485,476.43 | 3.91% |
| 2008 | $92,187,095.29 | 5.37% |
| 2009 | $93,918,734.63 | 1.88% |
| 2010 | $94,665,245.90 | 0.79% |
| 2011 | $98,057,054.30 | 3.58% |
| 2012 | $100,554,641.39 | 2.55% |
| 2013 | $101,972,966.19 | 1.41% |
| 2014 | $104,332,346.31 | 2.31% |
| 2015 | $106,206,782.79 | 1.80% |
| 2016 | $106,571,844.26 | 0.34% |
| 2017 | $107,511,895.49 | 0.88% |
| 2018 | $109,022,023.57 | 1.40% |
| 2019 | $111,030,184.43 | 1.84% |
| 2020 | $114,736,024.59 | 3.34% |
| 2021 | $119,120,563.52 | 3.82% |
| 2022 | $130,526,582.99 | 9.58% |
| 2023 | $137,914,846.31 | 5.66% |
| 2024 | $141,000,906.76 | 2.24% |
| 2025 | $144,803,763.04 | 2.70% |
| 2026 | $145,819,610.66 | 0.70%* |
* 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 | 336.496 | 338.857 |