According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 744.33% higher in 2026 versus 1970 (a $1,216,671.22 difference in value).
Between 1970 and 2026:Food and beverages experienced an average inflation rate of 3.88% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $163,459 in the year 1970 would cost $1,380,130.22 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.86% during this same period, inflation for food and beverages was higher.
In the year 1970: Pricing changed by 5.45%, which is above the average yearly change for food and beverages during the 1970-2026 time period. Compared to inflation for all items in 1970 (5.84%), inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $163,459 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1970 | $163,459.00 | 5.45% |
| 1971 | $168,482.24 | 3.07% |
| 1972 | $175,440.11 | 4.13% |
| 1973 | $198,757.46 | 13.29% |
| 1974 | $226,113.76 | 13.76% |
| 1975 | $245,188.50 | 8.44% |
| 1976 | $252,757.30 | 3.09% |
| 1977 | $267,827.03 | 5.96% |
| 1978 | $293,995.40 | 9.77% |
| 1979 | $325,492.49 | 10.71% |
| 1980 | $353,357.90 | 8.56% |
| 1981 | $380,816.03 | 7.77% |
| 1982 | $396,326.98 | 4.07% |
| 1983 | $405,151.60 | 2.23% |
| 1984 | $420,391.02 | 3.76% |
| 1985 | $430,199.92 | 2.33% |
| 1986 | $444,217.48 | 3.26% |
| 1987 | $462,307.94 | 4.07% |
| 1988 | $481,382.68 | 4.13% |
| 1989 | $508,671.10 | 5.67% |
| 1990 | $537,962.03 | 5.76% |
| 1991 | $557,138.60 | 3.56% |
| 1992 | $564,843.16 | 1.38% |
| 1993 | $576,654.57 | 2.09% |
| 1994 | $590,061.19 | 2.32% |
| 1995 | $606,318.85 | 2.76% |
| 1996 | $626,038.47 | 3.25% |
| 1997 | $642,465.82 | 2.62% |
| 1998 | $656,110.04 | 2.12% |
| 1999 | $670,229.42 | 2.15% |
| 2000 | $685,706.43 | 2.31% |
| 2001 | $706,919.45 | 3.09% |
| 2002 | $719,918.78 | 1.84% |
| 2003 | $735,327.91 | 2.14% |
| 2004 | $760,138.66 | 3.37% |
| 2005 | $778,602.46 | 2.43% |
| 2006 | $796,862.63 | 2.35% |
| 2007 | $828,018.60 | 3.91% |
| 2008 | $872,517.74 | 5.37% |
| 2009 | $888,907.08 | 1.88% |
| 2010 | $895,972.54 | 0.79% |
| 2011 | $928,074.79 | 3.58% |
| 2012 | $951,713.55 | 2.55% |
| 2013 | $965,137.49 | 1.41% |
| 2014 | $987,468.17 | 2.31% |
| 2015 | $1,005,209.04 | 1.80% |
| 2016 | $1,008,664.22 | 0.34% |
| 2017 | $1,017,561.46 | 0.88% |
| 2018 | $1,031,854.28 | 1.40% |
| 2019 | $1,050,860.80 | 1.84% |
| 2020 | $1,085,935.25 | 3.34% |
| 2021 | $1,127,433.34 | 3.82% |
| 2022 | $1,235,387.21 | 9.58% |
| 2023 | $1,305,314.47 | 5.66% |
| 2024 | $1,334,522.92 | 2.24% |
| 2025 | $1,370,515.59 | 2.70% |
| 2026 | $1,380,130.22 | 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 |