According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 421.24% higher in 2026 versus 1977 (a $796,147,231.02 difference in value).
Between 1977 and 2026:Food and beverages experienced an average inflation rate of 3.43% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $189,000,000 in the year 1977 would cost $985,147,231.02 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.49% during this same period, inflation for food and beverages was lower.
In the year 1977: Pricing changed by 5.96%, which is above the average yearly change for food and beverages during the 1977-2026 time period. Compared to inflation for all items in 1977 (6.50%), inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $189,000,000 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1977 | $189,000,000.00 | 5.96% |
| 1978 | $207,466,480.80 | 9.77% |
| 1979 | $229,693,321.51 | 10.71% |
| 1980 | $249,357,369.15 | 8.56% |
| 1981 | $268,734,000.76 | 7.77% |
| 1982 | $279,679,761.75 | 4.07% |
| 1983 | $285,907,109.37 | 2.23% |
| 1984 | $296,661,259.66 | 3.76% |
| 1985 | $303,583,196.05 | 2.33% |
| 1986 | $313,475,098.21 | 3.26% |
| 1987 | $326,241,160.82 | 4.07% |
| 1988 | $339,701,812.19 | 4.13% |
| 1989 | $358,958,687.11 | 5.67% |
| 1990 | $379,628,690.91 | 5.76% |
| 1991 | $393,161,196.30 | 3.56% |
| 1992 | $398,598,149.79 | 1.38% |
| 1993 | $406,933,215.06 | 2.09% |
| 1994 | $416,393,993.16 | 2.32% |
| 1995 | $427,866,683.56 | 2.76% |
| 1996 | $441,782,410.34 | 3.25% |
| 1997 | $453,374,857.43 | 2.62% |
| 1998 | $463,003,294.89 | 2.12% |
| 1999 | $472,967,051.07 | 2.15% |
| 2000 | $483,888,860.73 | 2.31% |
| 2001 | $498,858,446.33 | 3.09% |
| 2002 | $508,031,808.39 | 1.84% |
| 2003 | $518,905,715.37 | 2.14% |
| 2004 | $536,414,142.69 | 3.37% |
| 2005 | $549,443,670.00 | 2.43% |
| 2006 | $562,329,489.29 | 2.35% |
| 2007 | $584,315,619.06 | 3.91% |
| 2008 | $615,717,737.93 | 5.37% |
| 2009 | $627,283,359.52 | 1.88% |
| 2010 | $632,269,309.34 | 0.79% |
| 2011 | $654,923,202.38 | 3.58% |
| 2012 | $671,604,590.04 | 2.55% |
| 2013 | $681,077,583.32 | 1.41% |
| 2014 | $696,835,886.45 | 2.31% |
| 2015 | $709,355,250.29 | 1.80% |
| 2016 | $711,793,496.39 | 0.34% |
| 2017 | $718,072,099.86 | 0.88% |
| 2018 | $728,158,247.37 | 1.40% |
| 2019 | $741,570,756.56 | 1.84% |
| 2020 | $766,322,068.18 | 3.34% |
| 2021 | $795,606,409.83 | 3.82% |
| 2022 | $871,787,229.76 | 9.58% |
| 2023 | $921,133,450.77 | 5.66% |
| 2024 | $941,745,252.82 | 2.24% |
| 2025 | $968,170,523.38 | 2.81% |
| 2026 | $985,147,231.02 | 1.75%* |
* 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 | 342.760 |