According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 446.03% higher in 2026 versus 1976 (a $11,150,745,266.55 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 $2,500,000,000 in the year 1976 would cost $13,650,745,266.55 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 $2,500,000,000 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 | $2,500,000,000.00 | 3.09% |
| 1977 | $2,649,053,310.06 | 5.96% |
| 1978 | $2,907,882,368.74 | 9.77% |
| 1979 | $3,219,417,214.99 | 10.71% |
| 1980 | $3,495,031,556.33 | 8.56% |
| 1981 | $3,766,617,429.84 | 7.77% |
| 1982 | $3,920,034,913.39 | 4.07% |
| 1983 | $4,007,318,383.24 | 2.23% |
| 1984 | $4,158,050,221.57 | 3.76% |
| 1985 | $4,255,069,155.36 | 2.33% |
| 1986 | $4,393,715,590.17 | 3.26% |
| 1987 | $4,572,646,703.37 | 4.07% |
| 1988 | $4,761,313,280.52 | 4.13% |
| 1989 | $5,031,220,625.76 | 5.67% |
| 1990 | $5,320,934,604.54 | 5.76% |
| 1991 | $5,510,608,298.64 | 3.56% |
| 1992 | $5,586,813,481.94 | 1.38% |
| 1993 | $5,703,639,049.28 | 2.09% |
| 1994 | $5,836,242,782.33 | 2.32% |
| 1995 | $5,997,045,790.25 | 2.76% |
| 1996 | $6,192,090,774.81 | 3.25% |
| 1997 | $6,354,572,311.00 | 2.62% |
| 1998 | $6,489,525,983.62 | 2.12% |
| 1999 | $6,629,179,535.38 | 2.15% |
| 2000 | $6,782,261,313.28 | 2.31% |
| 2001 | $6,992,077,346.58 | 3.09% |
| 2002 | $7,120,652,611.79 | 1.84% |
| 2003 | $7,273,062,978.38 | 2.14% |
| 2004 | $7,518,463,810.93 | 3.37% |
| 2005 | $7,701,087,686.32 | 2.43% |
| 2006 | $7,881,697,327.78 | 2.35% |
| 2007 | $8,189,858,332.21 | 3.91% |
| 2008 | $8,629,995,300.12 | 5.37% |
| 2009 | $8,792,100,845.98 | 1.88% |
| 2010 | $8,861,984,691.82 | 0.79% |
| 2011 | $9,179,505,169.87 | 3.58% |
| 2012 | $9,413,314,086.21 | 2.55% |
| 2013 | $9,546,089,029.14 | 1.41% |
| 2014 | $9,766,959,849.60 | 2.31% |
| 2015 | $9,942,433,194.57 | 1.80% |
| 2016 | $9,976,608,030.08 | 0.34% |
| 2017 | $10,064,609,910.03 | 0.88% |
| 2018 | $10,205,978,917.68 | 1.40% |
| 2019 | $10,393,970,726.47 | 1.84% |
| 2020 | $10,740,888,948.57 | 3.34% |
| 2021 | $11,151,342,822.61 | 3.82% |
| 2022 | $12,219,105,008.73 | 9.58% |
| 2023 | $12,910,749,295.02 | 5.66% |
| 2024 | $13,199,647,509.06 | 2.24% |
| 2025 | $13,555,647,789.84 | 2.70% |
| 2026 | $13,650,745,266.55 | 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 |