According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 601.02% higher in 2026 versus 1973 (a $204,345,573,770.49 difference in value).
Between 1973 and 2026:Food and beverages experienced an average inflation rate of 3.74% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $34,000,000,000 in the year 1973 would cost $238,345,573,770.49 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.83% 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 $34,000,000,000 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 | $34,000,000,000.00 | 13.29% |
| 1974 | $38,679,644,808.74 | 13.76% |
| 1975 | $41,942,622,950.82 | 8.44% |
| 1976 | $43,237,363,387.98 | 3.09% |
| 1977 | $45,815,232,240.44 | 5.96% |
| 1978 | $50,291,666,666.67 | 9.77% |
| 1979 | $55,679,644,808.74 | 10.71% |
| 1980 | $60,446,379,781.42 | 8.56% |
| 1981 | $65,143,442,622.95 | 7.77% |
| 1982 | $67,796,789,617.49 | 4.07% |
| 1983 | $69,306,352,459.02 | 2.23% |
| 1984 | $71,913,251,366.12 | 3.76% |
| 1985 | $73,591,188,524.59 | 2.33% |
| 1986 | $75,989,071,038.25 | 3.26% |
| 1987 | $79,083,674,863.39 | 4.07% |
| 1988 | $82,346,653,005.46 | 4.13% |
| 1989 | $87,014,685,792.35 | 5.67% |
| 1990 | $92,025,273,224.04 | 5.76% |
| 1991 | $95,305,669,398.91 | 3.56% |
| 1992 | $96,623,633,879.78 | 1.38% |
| 1993 | $98,644,125,683.06 | 2.09% |
| 1994 | $100,937,500,000.00 | 2.32% |
| 1995 | $103,718,579,234.97 | 2.76% |
| 1996 | $107,091,871,584.70 | 3.25% |
| 1997 | $109,901,980,874.32 | 2.62% |
| 1998 | $112,235,997,267.76 | 2.12% |
| 1999 | $114,651,297,814.21 | 2.15% |
| 2000 | $117,298,838,797.81 | 2.31% |
| 2001 | $120,927,595,628.42 | 3.09% |
| 2002 | $123,151,297,814.21 | 1.84% |
| 2003 | $125,787,226,775.96 | 2.14% |
| 2004 | $130,031,420,765.03 | 3.37% |
| 2005 | $133,189,890,710.38 | 2.43% |
| 2006 | $136,313,524,590.16 | 2.35% |
| 2007 | $141,643,152,322.40 | 3.91% |
| 2008 | $149,255,297,131.15 | 5.37% |
| 2009 | $152,058,903,688.52 | 1.88% |
| 2010 | $153,267,540,983.61 | 0.79% |
| 2011 | $158,759,040,300.55 | 3.58% |
| 2012 | $162,802,752,732.24 | 2.55% |
| 2013 | $165,099,088,114.75 | 1.41% |
| 2014 | $168,919,036,885.25 | 2.31% |
| 2015 | $171,953,838,797.81 | 1.80% |
| 2016 | $172,544,890,710.38 | 0.34% |
| 2017 | $174,066,878,415.30 | 0.88% |
| 2018 | $176,511,847,677.60 | 1.40% |
| 2019 | $179,763,155,737.70 | 1.84% |
| 2020 | $185,763,087,431.69 | 3.34% |
| 2021 | $192,861,864,754.10 | 3.82% |
| 2022 | $211,328,753,415.30 | 9.58% |
| 2023 | $223,290,703,551.91 | 5.66% |
| 2024 | $228,287,182,377.05 | 2.24% |
| 2025 | $234,692,896,174.86 | 2.81% |
| 2026 | $238,345,573,770.49 | 1.56%* |
* 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 | 342.096 |