According to the U.S. Bureau of Labor Statistics, prices for food were 1,460.73% higher in 2018 versus 1928 (a $6,281.13 difference in value).
Between 1928 and 2018: Food experienced an average inflation rate of 3.10% per year. This rate of change indicates significant inflation. In other words, food costing $430 in the year 1928 would cost $6,711.13 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.03% during this same period, inflation for food was higher.
In the year 1928: Pricing changed by -1.12%, which is significantly below the average yearly change for food during the 1928-2018 time period. Compared to inflation for all items in 1928 (-1.20%), inflation for food was higher.
Below are calculations of equivalent buying power for Food, over time, for $430 beginning in 1928. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1928 | $430.00 | -1.12% |
| 1929 | $435.50 | 1.28% |
| 1930 | $414.12 | -4.91% |
| 1931 | $341.43 | -17.55% |
| 1932 | $283.82 | -16.88% |
| 1933 | $275.67 | -2.87% |
| 1934 | $307.23 | 11.45% |
| 1935 | $329.63 | 7.29% |
| 1936 | $332.68 | 0.93% |
| 1937 | $346.32 | 4.10% |
| 1938 | $321.28 | -7.23% |
| 1939 | $312.93 | -2.60% |
| 1940 | $317.21 | 1.37% |
| 1941 | $346.12 | 9.11% |
| 1942 | $407.20 | 17.65% |
| 1943 | $452.60 | 11.15% |
| 1944 | $446.70 | -1.30% |
| 1945 | $456.88 | 2.28% |
| 1946 | $524.47 | 14.80% |
| 1947 | $636.86 | 21.43% |
| 1948 | $690.40 | 8.41% |
| 1949 | $663.32 | -3.92% |
| 1950 | $672.08 | 1.32% |
| 1951 | $747.00 | 11.15% |
| 1952 | $760.24 | 1.77% |
| 1953 | $748.22 | -1.58% |
| 1954 | $747.41 | -0.11% |
| 1955 | $736.21 | -1.50% |
| 1956 | $741.71 | 0.75% |
| 1957 | $765.53 | 3.21% |
| 1958 | $798.51 | 4.31% |
| 1959 | $785.08 | -1.68% |
| 1960 | $794.44 | 1.19% |
| 1961 | $803.60 | 1.15% |
| 1962 | $810.73 | 0.89% |
| 1963 | $822.33 | 1.43% |
| 1964 | $833.13 | 1.31% |
| 1965 | $851.65 | 2.22% |
| 1966 | $894.82 | 5.07% |
| 1967 | $901.53 | 0.75% |
| 1968 | $934.11 | 3.61% |
| 1969 | $982.16 | 5.14% |
| 1970 | $1,037.54 | 5.64% |
| 1971 | $1,068.08 | 2.94% |
| 1972 | $1,114.09 | 4.31% |
| 1973 | $1,275.14 | 14.46% |
| 1974 | $1,458.78 | 14.40% |
| 1975 | $1,582.57 | 8.49% |
| 1976 | $1,631.23 | 3.07% |
| 1977 | $1,734.05 | 6.30% |
| 1978 | $1,907.11 | 9.98% |
| 1979 | $2,115.18 | 10.91% |
| 1980 | $2,296.79 | 8.59% |
| 1981 | $2,476.37 | 7.82% |
| 1982 | $2,576.74 | 4.05% |
| 1983 | $2,631.10 | 2.11% |
| 1984 | $2,732.29 | 3.85% |
| 1985 | $2,794.19 | 2.27% |
| 1986 | $2,883.57 | 3.20% |
| 1987 | $3,003.69 | 4.17% |
| 1988 | $3,127.88 | 4.13% |
| 1989 | $3,310.51 | 5.84% |
| 1990 | $3,503.52 | 5.83% |
| 1991 | $3,606.34 | 2.93% |
| 1992 | $3,649.71 | 1.20% |
| 1993 | $3,728.30 | 2.15% |
| 1994 | $3,818.69 | 2.42% |
| 1995 | $3,928.23 | 2.87% |
| 1996 | $4,057.11 | 3.28% |
| 1997 | $4,162.77 | 2.60% |
| 1998 | $4,252.97 | 2.17% |
| 1999 | $4,343.37 | 2.13% |
| 2000 | $4,441.70 | 2.26% |
| 2001 | $4,581.17 | 3.14% |
| 2002 | $4,664.03 | 1.81% |
| 2003 | $4,763.59 | 2.13% |
| 2004 | $4,927.69 | 3.44% |
| 2005 | $5,048.02 | 2.44% |
| 2006 | $5,165.90 | 2.34% |
| 2007 | $5,370.74 | 3.97% |
| 2008 | $5,666.93 | 5.51% |
| 2009 | $5,768.79 | 1.80% |
| 2010 | $5,812.99 | 0.77% |
| 2011 | $6,030.46 | 3.74% |
| 2012 | $6,187.57 | 2.61% |
| 2013 | $6,273.85 | 1.39% |
| 2014 | $6,424.39 | 2.40% |
| 2015 | $6,543.76 | 1.86% |
| 2016 | $6,562.19 | 0.28% |
| 2017 | $6,618.67 | 0.86% |
| 2018 | $6,711.13 | 1.40% |
| 2019 | $6,837.06 | 1.88% |
| 2020 | $7,072.71 | 3.45% |
| 2021 | $7,351.58 | 3.94% |
| 2022 | $8,082.94 | 9.95% |
| 2023 | $8,548.17 | 5.76% |
| 2024 | $8,741.33 | 2.26% |
| 2025 | $8,955.10 | 2.45%* |
* 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:
| Year | 1913 | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 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 | 9.923 | 10.154 | 10.054 | 11.277 | 14.508 | 16.700 | 18.577 | 20.977 | 15.900 | 14.892 | 15.385 | 15.231 | 16.500 | 17.046 | 16.431 | 16.246 | 16.454 | 15.646 | 12.900 | 10.723 | 10.415 | 11.608 | 12.454 | 12.569 | 13.085 | 12.138 | 11.823 | 11.985 | 13.077 | 15.385 | 17.100 | 16.877 | 17.262 | 19.815 | 24.062 | 26.085 | 25.062 | 25.392 | 28.223 | 28.723 | 28.269 | 28.238 | 27.815 | 28.023 | 28.923 | 30.169 | 29.662 | 30.015 | 30.362 | 30.631 | 31.069 | 31.477 | 32.177 | 33.808 | 34.062 | 35.292 | 37.108 | 39.200 | 40.354 | 42.092 | 48.177 | 55.115 | 59.792 | 61.631 | 65.515 | 72.054 | 79.915 | 86.777 | 93.562 | 97.354 | 99.408 | 103.231 | 105.569 | 108.946 | 113.485 | 118.177 | 125.077 | 132.369 | 136.254 | 137.892 | 140.862 | 144.277 | 148.415 | 153.285 | 157.277 | 160.685 | 164.100 | 167.815 | 173.085 | 176.215 | 179.977 | 186.177 | 190.723 | 195.177 | 202.916 | 214.106 | 217.955 | 219.625 | 227.842 | 233.777 | 237.037 | 242.725 | 247.235 | 247.931 | 250.065 | 253.558 | 258.316 | 267.219 | 277.756 | 305.388 | 322.965 | 330.263 | 338.339 |