According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 731.54% higher in 2025 versus 1970 (a $73,154,316,018.15 difference in value).
Between 1970 and 2025: Food and beverages experienced an average inflation rate of 3.93% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $10,000,000,000 in the year 1970 would cost $83,154,316,018.15 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.90% during this same period, inflation for food and beverages was higher.
In the year 1970: Pricing changed by 5.44%, which is above the average yearly change for food and beverages during the 1970-2025 time period. Compared to inflation for all items in 1970 (5.83%), inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $10,000,000,000 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 | $10,000,000,000.00 | 5.44% |
1971 | $10,308,606,478.82 | 3.09% |
1972 | $10,734,138,393.71 | 4.13% |
1973 | $12,160,245,351.73 | 13.29% |
1974 | $13,833,620,854.90 | 13.76% |
1975 | $15,000,958,405.21 | 8.44% |
1976 | $15,464,826,528.66 | 3.09% |
1977 | $16,386,812,344.26 | 5.96% |
1978 | $17,987,349,051.18 | 9.77% |
1979 | $19,913,743,530.76 | 10.71% |
1980 | $21,617,788,000.77 | 8.56% |
1981 | $23,298,830,745.64 | 7.78% |
1982 | $24,247,651,907.23 | 4.07% |
1983 | $24,788,192,447.77 | 2.23% |
1984 | $25,719,762,315.51 | 3.76% |
1985 | $26,319,723,979.30 | 2.33% |
1986 | $27,178,455,050.80 | 3.26% |
1987 | $28,284,454,667.43 | 4.07% |
1988 | $29,451,792,217.75 | 4.13% |
1989 | $31,121,334,100.06 | 5.67% |
1990 | $32,913,551,849.72 | 5.76% |
1991 | $34,086,639,831.32 | 3.56% |
1992 | $34,558,175,196.47 | 1.38% |
1993 | $35,280,812,727.62 | 2.09% |
1994 | $36,101,207,590.57 | 2.33% |
1995 | $37,096,032,202.42 | 2.76% |
1996 | $38,301,705,961.28 | 3.25% |
1997 | $39,306,114,625.26 | 2.62% |
1998 | $40,141,843,971.63 | 2.13% |
1999 | $41,006,325,474.41 | 2.15% |
2000 | $41,953,229,825.57 | 2.31% |
2001 | $43,250,910,484.95 | 3.09% |
2002 | $44,046,386,812.34 | 1.84% |
2003 | $44,987,540,732.22 | 2.14% |
2004 | $46,505,654,590.76 | 3.37% |
2005 | $47,636,572,742.96 | 2.43% |
2006 | $48,754,073,222.16 | 2.35% |
2007 | $50,659,286,946.52 | 3.91% |
2008 | $53,381,790,300.94 | 5.37% |
2009 | $54,384,512,171.75 | 1.88% |
2010 | $54,816,791,259.34 | 0.79% |
2011 | $56,780,851,063.83 | 3.58% |
2012 | $58,227,103,699.44 | 2.55% |
2013 | $59,048,399,463.29 | 1.41% |
2014 | $60,414,625,263.56 | 2.31% |
2015 | $61,500,019,168.10 | 1.80% |
2016 | $61,711,424,190.15 | 0.34% |
2017 | $62,255,760,015.33 | 0.88% |
2018 | $63,130,208,932.34 | 1.40% |
2019 | $64,293,061,146.25 | 1.84% |
2020 | $66,438,968,755.99 | 3.34% |
2021 | $68,977,880,007.67 | 3.82% |
2022 | $75,582,633,697.53 | 9.58% |
2023 | $79,860,877,899.18 | 5.66% |
2024 | $81,647,881,924.48 | 2.24% |
2025 | $83,154,316,018.15 | 1.85%* |
* 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 |
CPI | 34.985 | 36.254 | 38.062 | 40.131 | 41.369 | 43.077 | 48.800 | 55.515 | 60.200 | 62.062 | 65.762 | 72.185 | 79.915 | 86.754 | 93.500 | 97.308 | 99.477 | 103.215 | 105.623 | 109.069 | 113.508 | 118.192 | 124.892 | 132.085 | 136.792 | 138.685 | 141.585 | 144.877 | 148.869 | 153.708 | 157.738 | 161.092 | 164.562 | 168.362 | 173.569 | 176.762 | 180.538 | 186.631 | 191.169 | 195.654 | 203.300 | 214.225 | 218.249 | 219.984 | 227.866 | 233.670 | 236.966 | 242.449 | 246.804 | 247.653 | 249.837 | 253.346 | 258.013 | 266.625 | 276.814 | 303.319 | 320.488 | 327.659 | 333.705 |