According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 510.37% higher in 2026 versus 1974 (a $76,555.48 difference in value).
Between 1974 and 2026:Food and beverages experienced an average inflation rate of 3.54% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $15,000 in the year 1974 would cost $91,555.48 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.69% during this same period, inflation for food and beverages was lower.
In the year 1974: Pricing changed by 13.76%, which is significantly above the average yearly change for food and beverages during the 1974-2026 time period. Compared to inflation for all items in 1974 (11.05%), inflation for food and beverages was higher.
Below are calculations of equivalent buying power for Food and beverages, over time, for $15,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1974 | $15,000.00 | 13.76% |
| 1975 | $16,265.39 | 8.44% |
| 1976 | $16,767.49 | 3.09% |
| 1977 | $17,767.19 | 5.96% |
| 1978 | $19,503.15 | 9.77% |
| 1979 | $21,592.61 | 10.71% |
| 1980 | $23,441.16 | 8.56% |
| 1981 | $25,262.68 | 7.77% |
| 1982 | $26,291.65 | 4.07% |
| 1983 | $26,877.06 | 2.23% |
| 1984 | $27,888.02 | 3.76% |
| 1985 | $28,538.73 | 2.33% |
| 1986 | $29,468.63 | 3.26% |
| 1987 | $30,668.72 | 4.07% |
| 1988 | $31,934.10 | 4.13% |
| 1989 | $33,744.37 | 5.67% |
| 1990 | $35,687.48 | 5.76% |
| 1991 | $36,959.62 | 3.56% |
| 1992 | $37,470.73 | 1.38% |
| 1993 | $38,254.28 | 2.09% |
| 1994 | $39,143.65 | 2.32% |
| 1995 | $40,222.16 | 2.76% |
| 1996 | $41,530.32 | 3.25% |
| 1997 | $42,620.08 | 2.62% |
| 1998 | $43,525.22 | 2.12% |
| 1999 | $44,461.87 | 2.15% |
| 2000 | $45,488.59 | 2.31% |
| 2001 | $46,895.83 | 3.09% |
| 2002 | $47,758.18 | 1.84% |
| 2003 | $48,780.40 | 2.14% |
| 2004 | $50,426.30 | 3.37% |
| 2005 | $51,651.16 | 2.43% |
| 2006 | $52,862.50 | 2.35% |
| 2007 | $54,929.34 | 3.91% |
| 2008 | $57,881.33 | 5.37% |
| 2009 | $58,968.58 | 1.88% |
| 2010 | $59,437.29 | 0.79% |
| 2011 | $61,566.89 | 3.58% |
| 2012 | $63,135.05 | 2.55% |
| 2013 | $64,025.57 | 1.41% |
| 2014 | $65,506.95 | 2.31% |
| 2015 | $66,683.85 | 1.80% |
| 2016 | $66,913.06 | 0.34% |
| 2017 | $67,503.29 | 0.88% |
| 2018 | $68,451.45 | 1.40% |
| 2019 | $69,712.31 | 1.84% |
| 2020 | $72,039.09 | 3.34% |
| 2021 | $74,792.00 | 3.82% |
| 2022 | $81,953.47 | 9.58% |
| 2023 | $86,592.33 | 5.66% |
| 2024 | $88,529.97 | 2.24% |
| 2025 | $90,917.66 | 2.70% |
| 2026 | $91,555.48 | 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 |