According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 183.83% higher in 2025 versus 1988 (a $1,580,933.62 difference in value).
Between 1988 and 2025: Food and beverages experienced an average inflation rate of 2.86% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $860,000 in the year 1988 would cost $2,440,933.62 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for food and beverages was higher.
In the year 1988: Pricing changed by 4.13%, which is above the average yearly change for food and beverages during the 1988-2025 time period. Compared to inflation for all items in 1988 (4.08%), inflation for food and beverages was higher.
Below are calculations of equivalent buying power for Food and beverages, over time, for $860,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1988 | $860,000.00 | 4.13% |
| 1989 | $908,751.06 | 5.67% |
| 1990 | $961,084.28 | 5.76% |
| 1991 | $995,338.76 | 3.56% |
| 1992 | $1,009,107.71 | 1.38% |
| 1993 | $1,030,208.92 | 2.09% |
| 1994 | $1,054,164.66 | 2.33% |
| 1995 | $1,083,213.80 | 2.76% |
| 1996 | $1,118,419.79 | 3.25% |
| 1997 | $1,147,748.78 | 2.62% |
| 1998 | $1,172,152.29 | 2.13% |
| 1999 | $1,197,395.38 | 2.15% |
| 2000 | $1,225,045.23 | 2.31% |
| 2001 | $1,262,937.85 | 3.09% |
| 2002 | $1,286,165.96 | 1.84% |
| 2003 | $1,313,647.90 | 2.14% |
| 2004 | $1,357,977.22 | 3.37% |
| 2005 | $1,391,000.33 | 2.43% |
| 2006 | $1,423,631.63 | 2.35% |
| 2007 | $1,479,264.37 | 3.91% |
| 2008 | $1,558,762.17 | 5.37% |
| 2009 | $1,588,041.91 | 1.88% |
| 2010 | $1,600,664.58 | 0.79% |
| 2011 | $1,658,015.63 | 3.58% |
| 2012 | $1,700,246.59 | 2.55% |
| 2013 | $1,724,228.64 | 1.41% |
| 2014 | $1,764,122.79 | 2.31% |
| 2015 | $1,795,816.57 | 1.80% |
| 2016 | $1,801,989.65 | 0.34% |
| 2017 | $1,817,884.40 | 0.88% |
| 2018 | $1,843,418.54 | 1.40% |
| 2019 | $1,877,374.12 | 1.84% |
| 2020 | $1,940,035.18 | 3.34% |
| 2021 | $2,014,172.05 | 3.82% |
| 2022 | $2,207,032.58 | 9.58% |
| 2023 | $2,331,958.42 | 5.66% |
| 2024 | $2,384,139.41 | 2.24% |
| 2025 | $2,440,933.62 | 2.38%* |
* 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 |
| CPI | 34.985 | 36.254 | 38.062 | 40.131 | 41.369 | 43.077 | 48.800 | 55.515 | 60.200 | 62.062 | 65.762 | 72.185 | 79.915 | 86.754 | 93.500 | 97.308 | 99.477 | 103.215 | 105.623 | 109.069 | 113.508 | 118.192 | 124.892 | 132.085 | 136.792 | 138.685 | 141.585 | 144.877 | 148.869 | 153.708 | 157.738 | 161.092 | 164.562 | 168.362 | 173.569 | 176.762 | 180.538 | 186.631 | 191.169 | 195.654 | 203.300 | 214.225 | 218.249 | 219.984 | 227.866 | 233.670 | 236.966 | 242.449 | 246.804 | 247.653 | 249.837 | 253.346 | 258.013 | 266.625 | 276.814 | 303.319 | 320.488 | 327.659 | 335.465 |