According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 504.27% higher in 2025 versus 1974 (a $4,992,305.28 difference in value).
Between 1974 and 2025: Food and beverages experienced an average inflation rate of 3.59% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $990,000 in the year 1974 would cost $5,982,305.28 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.74% 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 1974-2025 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 $990,000 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 | $990,000.00 | 13.76% |
| 1975 | $1,073,540.25 | 8.44% |
| 1976 | $1,106,736.87 | 3.09% |
| 1977 | $1,172,718.58 | 5.96% |
| 1978 | $1,287,260.63 | 9.77% |
| 1979 | $1,425,122.63 | 10.71% |
| 1980 | $1,547,072.19 | 8.56% |
| 1981 | $1,667,375.64 | 7.78% |
| 1982 | $1,735,277.82 | 4.07% |
| 1983 | $1,773,961.48 | 2.23% |
| 1984 | $1,840,629.07 | 3.76% |
| 1985 | $1,883,565.19 | 2.33% |
| 1986 | $1,945,020.09 | 3.26% |
| 1987 | $2,024,170.71 | 4.07% |
| 1988 | $2,107,710.96 | 4.13% |
| 1989 | $2,227,191.35 | 5.67% |
| 1990 | $2,355,451.02 | 5.76% |
| 1991 | $2,439,402.80 | 3.56% |
| 1992 | $2,473,148.12 | 1.38% |
| 1993 | $2,524,863.52 | 2.09% |
| 1994 | $2,583,574.89 | 2.33% |
| 1995 | $2,654,769.29 | 2.76% |
| 1996 | $2,741,053.07 | 3.25% |
| 1997 | $2,812,933.35 | 2.62% |
| 1998 | $2,872,742.14 | 2.13% |
| 1999 | $2,934,608.56 | 2.15% |
| 2000 | $3,002,373.56 | 2.31% |
| 2001 | $3,095,241.79 | 3.09% |
| 2002 | $3,152,169.88 | 1.84% |
| 2003 | $3,219,523.35 | 2.14% |
| 2004 | $3,328,166.83 | 3.37% |
| 2005 | $3,409,100.73 | 2.43% |
| 2006 | $3,489,074.41 | 2.35% |
| 2007 | $3,625,420.60 | 3.91% |
| 2008 | $3,820,255.95 | 5.37% |
| 2009 | $3,892,015.52 | 1.88% |
| 2010 | $3,922,951.48 | 0.79% |
| 2011 | $4,063,508.98 | 3.58% |
| 2012 | $4,167,009.73 | 2.55% |
| 2013 | $4,225,785.58 | 1.41% |
| 2014 | $4,323,559.22 | 2.31% |
| 2015 | $4,401,235.19 | 1.80% |
| 2016 | $4,416,364.35 | 0.34% |
| 2017 | $4,455,319.62 | 0.88% |
| 2018 | $4,517,899.36 | 1.40% |
| 2019 | $4,601,118.62 | 1.84% |
| 2020 | $4,754,690.02 | 3.34% |
| 2021 | $4,936,386.64 | 3.82% |
| 2022 | $5,409,054.37 | 9.58% |
| 2023 | $5,715,225.97 | 5.66% |
| 2024 | $5,843,112.51 | 2.24% |
| 2025 | $5,982,305.28 | 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 |