Food and beverages price inflation, 1999→2026

Food And Beverages Inflation Calculator

Prices for Food And Beverages, 1999-2026 ($470,000)

According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 105.92% higher in 2026 versus 1999 (a $497,819.66 difference in value).

Between 1999 and 2026:Food and beverages experienced an average inflation rate of 2.71% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $470,000 in the year 1999 would cost $967,819.66 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for food and beverages was higher.

In the year 1999: Pricing changed by 2.15%, which is below the average yearly change for food and beverages during the 1999-2026 time period. Compared to inflation for all items in 1999 (2.19%), inflation for food and beverages was lower.

Price Inflation for Food and beverages since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1974 (13.76%), 1973 (13.29%), and 1979 (10.71%).

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Buying power of $470,000.00 since 1999

Below are calculations of equivalent buying power for Food and beverages, over time, for $470,000 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1999	$470,000.00	2.15%
2000	$480,853.29	2.31%
2001	$495,728.97	3.09%
2002	$504,844.79	1.84%
2003	$515,650.48	2.14%
2004	$533,049.07	3.37%
2005	$545,996.86	2.43%
2006	$558,801.84	2.35%
2007	$580,650.05	3.91%
2008	$611,855.17	5.37%
2009	$623,348.24	1.88%
2010	$628,302.91	0.79%
2011	$650,814.69	3.58%
2012	$667,391.43	2.55%
2013	$676,805.00	1.41%
2014	$692,464.45	2.31%
2015	$704,905.27	1.80%
2016	$707,328.22	0.34%
2017	$713,567.44	0.88%
2018	$723,590.31	1.40%
2019	$736,918.68	1.84%
2020	$761,514.72	3.34%
2021	$790,615.35	3.82%
2022	$866,318.27	9.58%
2023	$915,354.93	5.66%
2024	$935,837.43	2.24%
2025	$961,077.37	2.70%
2026	$967,819.66	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

Adjust food and beverages prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1999* 1999 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Food and beverages was 164.558 in the year 1999 and 338.857 in 2026:

338.857 / 164.558* $470,000 = $967,819.66

Therefore, according to U.S. Bureau of Labor Statistics, $470,000 in 1999 has the same "purchasing power" as $967,819.66 in 2026 (in the CPI category of Food and beverages).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Food and beverages in 1967. In addition to food and beverages, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.