According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 290.58% higher in 2026 versus 1980 (a $2,410,906,891.56 difference in value).
Between 1980 and 2026: Food and beverages experienced an average inflation rate of 3.01% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $829,700,000 in the year 1980 would cost $3,240,606,891.56 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.02% 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 $829,700,000 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 | $829,700,000.00 | 8.56% |
| 1981 | $894,172,894.05 | 7.77% |
| 1982 | $930,593,305.16 | 4.07% |
| 1983 | $951,313,889.16 | 2.23% |
| 1984 | $987,096,743.83 | 3.76% |
| 1985 | $1,010,128,469.89 | 2.33% |
| 1986 | $1,043,042,320.62 | 3.26% |
| 1987 | $1,085,519,517.82 | 4.07% |
| 1988 | $1,130,307,857.07 | 4.13% |
| 1989 | $1,194,382,278.36 | 5.67% |
| 1990 | $1,263,158,678.32 | 5.76% |
| 1991 | $1,308,186,101.24 | 3.56% |
| 1992 | $1,326,276,764.96 | 1.38% |
| 1993 | $1,354,010,469.70 | 2.09% |
| 1994 | $1,385,489,818.46 | 2.32% |
| 1995 | $1,423,663,509.75 | 2.76% |
| 1996 | $1,469,966,045.53 | 3.25% |
| 1997 | $1,508,538,209.59 | 2.62% |
| 1998 | $1,540,575,420.23 | 2.12% |
| 1999 | $1,573,728,354.62 | 2.15% |
| 2000 | $1,610,069,071.17 | 2.31% |
| 2001 | $1,659,878,167.32 | 3.09% |
| 2002 | $1,690,401,181.44 | 1.84% |
| 2003 | $1,726,582,508.88 | 2.14% |
| 2004 | $1,784,839,227.74 | 3.37% |
| 2005 | $1,828,193,065.03 | 2.43% |
| 2006 | $1,871,068,734.99 | 2.35% |
| 2007 | $1,944,224,350.69 | 3.91% |
| 2008 | $2,048,710,286.33 | 5.37% |
| 2009 | $2,087,193,192.49 | 1.88% |
| 2010 | $2,103,783,207.76 | 0.79% |
| 2011 | $2,179,160,707.62 | 3.58% |
| 2012 | $2,234,665,573.53 | 2.55% |
| 2013 | $2,266,185,566.52 | 1.41% |
| 2014 | $2,318,619,004.32 | 2.31% |
| 2015 | $2,360,275,347.61 | 1.80% |
| 2016 | $2,368,388,253.19 | 0.34% |
| 2017 | $2,389,279,383.54 | 0.88% |
| 2018 | $2,422,839,557.10 | 1.40% |
| 2019 | $2,467,467,710.31 | 1.84% |
| 2020 | $2,549,824,062.24 | 3.34% |
| 2021 | $2,647,263,405.44 | 3.82% |
| 2022 | $2,900,743,888.10 | 9.58% |
| 2023 | $3,064,936,186.53 | 5.66% |
| 2024 | $3,133,518,928.73 | 2.24% |
| 2025 | $3,218,031,308.14 | 2.70% |
| 2026 | $3,240,606,891.56 | 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 |