According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 369.44% higher in 2026 versus 1978 (a $36,943,939,044.10 difference in value).
Between 1978 and 2026:Food and beverages experienced an average inflation rate of 3.27% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $10,000,000,000 in the year 1978 would cost $46,943,939,044.10 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.40% during this same period, inflation for food and beverages was lower.
In the year 1978: Pricing changed by 9.77%, which is significantly above the average yearly change for food and beverages during the 1978-2026 time period. Compared to inflation for all items in 1978 (7.63%), inflation for food and beverages was higher.
Below are calculations of equivalent buying power for Food and beverages, over time, for $10,000,000,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1978 | $10,000,000,000.00 | 9.77% |
| 1979 | $11,071,346,109.44 | 10.71% |
| 1980 | $12,019,164,165.32 | 8.56% |
| 1981 | $12,953,128,607.71 | 7.77% |
| 1982 | $13,480,720,387.90 | 4.07% |
| 1983 | $13,780,882,013.39 | 2.23% |
| 1984 | $14,299,238,051.26 | 3.76% |
| 1985 | $14,632,879,242.67 | 2.33% |
| 1986 | $15,109,674,440.08 | 3.26% |
| 1987 | $15,725,005,772.34 | 4.07% |
| 1988 | $16,373,816,670.51 | 4.13% |
| 1989 | $17,302,008,773.96 | 5.67% |
| 1990 | $18,298,314,477.03 | 5.76% |
| 1991 | $18,950,588,778.57 | 3.56% |
| 1992 | $19,212,652,966.98 | 1.38% |
| 1993 | $19,614,407,758.02 | 2.09% |
| 1994 | $20,070,422,535.21 | 2.32% |
| 1995 | $20,623,412,606.79 | 2.76% |
| 1996 | $21,294,158,392.98 | 3.25% |
| 1997 | $21,852,920,803.51 | 2.62% |
| 1998 | $22,317,016,855.23 | 2.12% |
| 1999 | $22,797,275,456.01 | 2.15% |
| 2000 | $23,323,712,768.41 | 2.31% |
| 2001 | $24,045,255,137.38 | 3.09% |
| 2002 | $24,487,416,301.09 | 1.84% |
| 2003 | $25,011,544,677.90 | 2.14% |
| 2004 | $25,855,460,632.65 | 3.37% |
| 2005 | $26,483,491,110.60 | 2.43% |
| 2006 | $27,104,594,781.81 | 2.35% |
| 2007 | $28,164,338,489.96 | 3.91% |
| 2008 | $29,677,938,120.53 | 5.37% |
| 2009 | $30,235,407,527.13 | 1.88% |
| 2010 | $30,475,733,087.05 | 0.79% |
| 2011 | $31,567,663,357.19 | 3.58% |
| 2012 | $32,371,715,539.14 | 2.55% |
| 2013 | $32,828,319,094.90 | 1.41% |
| 2014 | $33,587,878,088.20 | 2.31% |
| 2015 | $34,191,318,402.22 | 1.80% |
| 2016 | $34,308,843,223.27 | 0.34% |
| 2017 | $34,611,475,409.84 | 0.88% |
| 2018 | $35,097,633,341.03 | 1.40% |
| 2019 | $35,744,123,758.95 | 1.84% |
| 2020 | $36,937,150,773.49 | 3.34% |
| 2021 | $38,348,672,362.04 | 3.82% |
| 2022 | $42,020,630,339.41 | 9.58% |
| 2023 | $44,399,145,693.84 | 5.66% |
| 2024 | $45,392,646,040.18 | 2.24% |
| 2025 | $46,616,905,606.52 | 2.70% |
| 2026 | $46,943,939,044.10 | 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 |