According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 294.31% higher in 2026 versus 1980 (a $24,397,661,078 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 $8,289,808,707 in the year 1980 would cost $32,687,469,785 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 $8,289,808,707 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 | $8,289,808,707.00 | 8.56% |
| 1981 | $8,933,978,838.97 | 7.77% |
| 1982 | $9,297,867,281.88 | 4.07% |
| 1983 | $9,504,893,529.48 | 2.23% |
| 1984 | $9,862,411,934.00 | 3.76% |
| 1985 | $10,092,529,570.76 | 2.33% |
| 1986 | $10,421,382,802.54 | 3.26% |
| 1987 | $10,845,786,610.13 | 4.07% |
| 1988 | $11,293,281,806.88 | 4.13% |
| 1989 | $11,933,470,664.86 | 5.67% |
| 1990 | $12,620,638,555.95 | 5.76% |
| 1991 | $13,070,522,517.09 | 3.56% |
| 1992 | $13,251,272,356.34 | 1.38% |
| 1993 | $13,528,369,026.22 | 2.09% |
| 1994 | $13,842,889,671.62 | 2.32% |
| 1995 | $14,224,295,720.09 | 2.76% |
| 1996 | $14,686,919,758.01 | 3.25% |
| 1997 | $15,072,307,080.47 | 2.62% |
| 1998 | $15,392,401,509.46 | 2.12% |
| 1999 | $15,723,643,505.63 | 2.15% |
| 2000 | $16,086,735,693.74 | 2.31% |
| 2001 | $16,584,394,942.79 | 3.09% |
| 2002 | $16,889,360,530.61 | 1.84% |
| 2003 | $17,250,860,209.12 | 2.14% |
| 2004 | $17,832,922,466.81 | 3.37% |
| 2005 | $18,266,085,077.19 | 2.43% |
| 2006 | $18,694,470,158.77 | 2.35% |
| 2007 | $19,425,392,251.04 | 3.91% |
| 2008 | $20,469,345,992.23 | 5.37% |
| 2009 | $20,853,841,509.32 | 1.88% |
| 2010 | $21,019,597,870.72 | 0.79% |
| 2011 | $21,772,719,546.77 | 3.58% |
| 2012 | $22,327,287,126.27 | 2.55% |
| 2013 | $22,642,213,861.62 | 1.41% |
| 2014 | $23,166,093,781.18 | 2.31% |
| 2015 | $23,582,296,164.35 | 1.80% |
| 2016 | $23,663,354,902.83 | 0.34% |
| 2017 | $23,872,085,135.71 | 0.88% |
| 2018 | $24,207,395,993.90 | 1.40% |
| 2019 | $24,653,290,718.50 | 1.84% |
| 2020 | $25,476,140,427.25 | 3.34% |
| 2021 | $26,449,689,319.16 | 3.82% |
| 2022 | $28,982,297,143.96 | 9.58% |
| 2023 | $30,622,797,017.63 | 5.66% |
| 2024 | $31,308,030,009.56 | 2.24% |
| 2025 | $32,186,529,966.17 | 2.81% |
| 2026 | $32,687,469,785.00 | 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 |