According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 446.03% higher in 2026 versus 1976 (a $71,364.77 difference in value).
Between 1976 and 2026:Food and beverages experienced an average inflation rate of 3.45% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $16,000 in the year 1976 would cost $87,364.77 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.54% during this same period, inflation for food and beverages was lower.
In the year 1976: Pricing changed by 3.09%, which is below the average yearly change for food and beverages during the 1976-2026 time period. Compared to inflation for all items in 1976 (5.74%), inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $16,000 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1976 | $16,000.00 | 3.09% |
| 1977 | $16,953.94 | 5.96% |
| 1978 | $18,610.45 | 9.77% |
| 1979 | $20,604.27 | 10.71% |
| 1980 | $22,368.20 | 8.56% |
| 1981 | $24,106.35 | 7.77% |
| 1982 | $25,088.22 | 4.07% |
| 1983 | $25,646.84 | 2.23% |
| 1984 | $26,611.52 | 3.76% |
| 1985 | $27,232.44 | 2.33% |
| 1986 | $28,119.78 | 3.26% |
| 1987 | $29,264.94 | 4.07% |
| 1988 | $30,472.40 | 4.13% |
| 1989 | $32,199.81 | 5.67% |
| 1990 | $34,053.98 | 5.76% |
| 1991 | $35,267.89 | 3.56% |
| 1992 | $35,755.61 | 1.38% |
| 1993 | $36,503.29 | 2.09% |
| 1994 | $37,351.95 | 2.32% |
| 1995 | $38,381.09 | 2.76% |
| 1996 | $39,629.38 | 3.25% |
| 1997 | $40,669.26 | 2.62% |
| 1998 | $41,532.97 | 2.12% |
| 1999 | $42,426.75 | 2.15% |
| 2000 | $43,406.47 | 2.31% |
| 2001 | $44,749.30 | 3.09% |
| 2002 | $45,572.18 | 1.84% |
| 2003 | $46,547.60 | 2.14% |
| 2004 | $48,118.17 | 3.37% |
| 2005 | $49,286.96 | 2.43% |
| 2006 | $50,442.86 | 2.35% |
| 2007 | $52,415.09 | 3.91% |
| 2008 | $55,231.97 | 5.37% |
| 2009 | $56,269.45 | 1.88% |
| 2010 | $56,716.70 | 0.79% |
| 2011 | $58,748.83 | 3.58% |
| 2012 | $60,245.21 | 2.55% |
| 2013 | $61,094.97 | 1.41% |
| 2014 | $62,508.54 | 2.31% |
| 2015 | $63,631.57 | 1.80% |
| 2016 | $63,850.29 | 0.34% |
| 2017 | $64,413.50 | 0.88% |
| 2018 | $65,318.27 | 1.40% |
| 2019 | $66,521.41 | 1.84% |
| 2020 | $68,741.69 | 3.34% |
| 2021 | $71,368.59 | 3.82% |
| 2022 | $78,202.27 | 9.58% |
| 2023 | $82,628.80 | 5.66% |
| 2024 | $84,477.74 | 2.24% |
| 2025 | $86,756.15 | 2.70% |
| 2026 | $87,364.77 | 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 |