According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 294.31% higher in 2026 versus 1980 (a $1,003,594,017,865.72 difference in value).
Between 1980 and 2026:Food and beverages experienced an average inflation rate of 3.03% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $341,000,000,000 in the year 1980 would cost $1,344,594,017,865.72 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.03% during this same period, inflation for food and beverages was lower.
In the year 1980: Pricing changed by 8.56%, which is significantly above the average yearly change for food and beverages during the 1980-2026 time period. Compared to inflation for all items in 1980 (13.55%), inflation for food and beverages was much lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $341,000,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1980 | $341,000,000,000.00 | 8.56% |
| 1981 | $367,497,838,824.32 | 7.77% |
| 1982 | $382,466,333,685.52 | 4.07% |
| 1983 | $390,982,326,385.55 | 2.23% |
| 1984 | $405,688,790,702.14 | 3.76% |
| 1985 | $415,154,644,126.40 | 2.33% |
| 1986 | $428,681,970,992.22 | 3.26% |
| 1987 | $446,139,756,027.28 | 4.07% |
| 1988 | $464,547,401,786.57 | 4.13% |
| 1989 | $490,881,471,520.51 | 5.67% |
| 1990 | $519,148,016,520.99 | 5.76% |
| 1991 | $537,653,923,734.51 | 3.56% |
| 1992 | $545,089,040,438.00 | 1.38% |
| 1993 | $556,487,369,128.81 | 2.09% |
| 1994 | $569,425,127,269.23 | 2.32% |
| 1995 | $585,114,206,128.13 | 2.76% |
| 1996 | $604,144,174,430.89 | 3.25% |
| 1997 | $619,997,022,380.17 | 2.62% |
| 1998 | $633,164,057,247.14 | 2.12% |
| 1999 | $646,789,645,567.19 | 2.15% |
| 2000 | $661,725,386,610.32 | 2.31% |
| 2001 | $682,196,522,908.46 | 3.09% |
| 2002 | $694,741,235,231.97 | 1.84% |
| 2003 | $709,611,468,638.94 | 2.14% |
| 2004 | $733,554,509,653.25 | 3.37% |
| 2005 | $751,372,586,687.16 | 2.43% |
| 2006 | $768,994,140,812.60 | 2.35% |
| 2007 | $799,060,508,116.42 | 3.91% |
| 2008 | $842,003,383,920.85 | 5.37% |
| 2009 | $857,819,547,593.89 | 1.88% |
| 2010 | $864,637,909,902.99 | 0.79% |
| 2011 | $895,617,453,654.79 | 3.58% |
| 2012 | $918,429,505,330.90 | 2.55% |
| 2013 | $931,383,967,918.55 | 1.41% |
| 2014 | $952,933,687,445.97 | 2.31% |
| 2015 | $970,054,108,154.84 | 1.80% |
| 2016 | $973,388,446,835.08 | 0.34% |
| 2017 | $981,974,532,705.79 | 0.88% |
| 2018 | $995,767,493,036.21 | 1.40% |
| 2019 | $1,014,109,303,621.17 | 1.84% |
| 2020 | $1,047,957,099,221.98 | 3.34% |
| 2021 | $1,088,003,882,432.04 | 3.82% |
| 2022 | $1,192,182,313,898.76 | 9.58% |
| 2023 | $1,259,664,022,668.33 | 5.66% |
| 2024 | $1,287,850,975,890.88 | 2.24% |
| 2025 | $1,323,987,935,837.10 | 2.81% |
| 2026 | $1,344,594,017,865.72 | 1.56%* |
* 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 | 336.853 | 342.096 |