According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 446.03% higher in 2026 versus 1976 (a $3,077,605.69 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 $690,000 in the year 1976 would cost $3,767,605.69 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 $690,000 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 | $690,000.00 | 3.09% |
| 1977 | $731,138.71 | 5.96% |
| 1978 | $802,575.53 | 9.77% |
| 1979 | $888,559.15 | 10.71% |
| 1980 | $964,628.71 | 8.56% |
| 1981 | $1,039,586.41 | 7.77% |
| 1982 | $1,081,929.64 | 4.07% |
| 1983 | $1,106,019.87 | 2.23% |
| 1984 | $1,147,621.86 | 3.76% |
| 1985 | $1,174,399.09 | 2.33% |
| 1986 | $1,212,665.50 | 3.26% |
| 1987 | $1,262,050.49 | 4.07% |
| 1988 | $1,314,122.47 | 4.13% |
| 1989 | $1,388,616.89 | 5.67% |
| 1990 | $1,468,577.95 | 5.76% |
| 1991 | $1,520,927.89 | 3.56% |
| 1992 | $1,541,960.52 | 1.38% |
| 1993 | $1,574,204.38 | 2.09% |
| 1994 | $1,610,803.01 | 2.32% |
| 1995 | $1,655,184.64 | 2.76% |
| 1996 | $1,709,017.05 | 3.25% |
| 1997 | $1,753,861.96 | 2.62% |
| 1998 | $1,791,109.17 | 2.12% |
| 1999 | $1,829,653.55 | 2.15% |
| 2000 | $1,871,904.12 | 2.31% |
| 2001 | $1,929,813.35 | 3.09% |
| 2002 | $1,965,300.12 | 1.84% |
| 2003 | $2,007,365.38 | 2.14% |
| 2004 | $2,075,096.01 | 3.37% |
| 2005 | $2,125,500.20 | 2.43% |
| 2006 | $2,175,348.46 | 2.35% |
| 2007 | $2,260,400.90 | 3.91% |
| 2008 | $2,381,878.70 | 5.37% |
| 2009 | $2,426,619.83 | 1.88% |
| 2010 | $2,445,907.77 | 0.79% |
| 2011 | $2,533,543.43 | 3.58% |
| 2012 | $2,598,074.69 | 2.55% |
| 2013 | $2,634,720.57 | 1.41% |
| 2014 | $2,695,680.92 | 2.31% |
| 2015 | $2,744,111.56 | 1.80% |
| 2016 | $2,753,543.82 | 0.34% |
| 2017 | $2,777,832.34 | 0.88% |
| 2018 | $2,816,850.18 | 1.40% |
| 2019 | $2,868,735.92 | 1.84% |
| 2020 | $2,964,485.35 | 3.34% |
| 2021 | $3,077,770.62 | 3.82% |
| 2022 | $3,372,472.98 | 9.58% |
| 2023 | $3,563,366.81 | 5.66% |
| 2024 | $3,643,102.71 | 2.24% |
| 2025 | $3,741,358.79 | 2.70% |
| 2026 | $3,767,605.69 | 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 |