According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 290.58% higher in 2026 versus 1980 (a $2,208,375.60 difference in value).
Between 1980 and 2026:Food and beverages experienced an average inflation rate of 3.01% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $760,000 in the year 1980 would cost $2,968,375.60 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.02% 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 $760,000 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 | $760,000.00 | 8.56% |
| 1981 | $819,056.77 | 7.77% |
| 1982 | $852,417.64 | 4.07% |
| 1983 | $871,397.56 | 2.23% |
| 1984 | $904,174.43 | 3.76% |
| 1985 | $925,271.35 | 2.33% |
| 1986 | $955,420.23 | 3.26% |
| 1987 | $994,329.08 | 4.07% |
| 1988 | $1,035,354.91 | 4.13% |
| 1989 | $1,094,046.68 | 5.67% |
| 1990 | $1,157,045.43 | 5.76% |
| 1991 | $1,198,290.27 | 3.56% |
| 1992 | $1,214,861.20 | 1.38% |
| 1993 | $1,240,265.10 | 2.09% |
| 1994 | $1,269,099.99 | 2.32% |
| 1995 | $1,304,066.85 | 2.76% |
| 1996 | $1,346,479.68 | 3.25% |
| 1997 | $1,381,811.55 | 2.62% |
| 1998 | $1,411,157.43 | 2.12% |
| 1999 | $1,441,525.31 | 2.15% |
| 2000 | $1,474,813.18 | 2.31% |
| 2001 | $1,520,438.00 | 3.09% |
| 2002 | $1,548,396.89 | 1.84% |
| 2003 | $1,581,538.76 | 2.14% |
| 2004 | $1,634,901.55 | 3.37% |
| 2005 | $1,674,613.39 | 2.43% |
| 2006 | $1,713,887.23 | 2.35% |
| 2007 | $1,780,897.32 | 3.91% |
| 2008 | $1,876,605.78 | 5.37% |
| 2009 | $1,911,855.88 | 1.88% |
| 2010 | $1,927,052.23 | 0.79% |
| 2011 | $1,996,097.55 | 3.58% |
| 2012 | $2,046,939.66 | 2.55% |
| 2013 | $2,075,811.78 | 1.41% |
| 2014 | $2,123,840.48 | 2.31% |
| 2015 | $2,161,997.43 | 1.80% |
| 2016 | $2,169,428.80 | 0.34% |
| 2017 | $2,188,564.94 | 0.88% |
| 2018 | $2,219,305.85 | 1.40% |
| 2019 | $2,260,184.96 | 1.84% |
| 2020 | $2,335,622.86 | 3.34% |
| 2021 | $2,424,876.69 | 3.82% |
| 2022 | $2,657,063.22 | 9.58% |
| 2023 | $2,807,462.34 | 5.66% |
| 2024 | $2,870,283.70 | 2.24% |
| 2025 | $2,947,696.51 | 2.70% |
| 2026 | $2,968,375.60 | 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 |