According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 731.54% higher in 2025 versus 1970 (a $2,414,092,428.60 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 $330,000,000 in the year 1970 would cost $2,744,092,428.60 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 $330,000,000 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 | $330,000,000.00 | 5.44% |
1971 | $340,184,013.80 | 3.09% |
1972 | $354,226,566.99 | 4.13% |
1973 | $401,288,096.61 | 13.29% |
1974 | $456,509,488.21 | 13.76% |
1975 | $495,031,627.37 | 8.44% |
1976 | $510,339,275.45 | 3.09% |
1977 | $540,764,807.36 | 5.96% |
1978 | $593,582,518.69 | 9.77% |
1979 | $657,153,536.52 | 10.71% |
1980 | $713,387,004.03 | 8.56% |
1981 | $768,861,414.61 | 7.78% |
1982 | $800,172,512.94 | 4.07% |
1983 | $818,010,350.78 | 2.23% |
1984 | $848,752,156.41 | 3.76% |
1985 | $868,550,891.32 | 2.33% |
1986 | $896,889,016.68 | 3.26% |
1987 | $933,387,004.03 | 4.07% |
1988 | $971,909,143.19 | 4.13% |
1989 | $1,027,004,025.30 | 5.67% |
1990 | $1,086,147,211.04 | 5.76% |
1991 | $1,124,859,114.43 | 3.56% |
1992 | $1,140,419,781.48 | 1.38% |
1993 | $1,164,266,820.01 | 2.09% |
1994 | $1,191,339,850.49 | 2.33% |
1995 | $1,224,169,062.68 | 2.76% |
1996 | $1,263,956,296.72 | 3.25% |
1997 | $1,297,101,782.63 | 2.62% |
1998 | $1,324,680,851.06 | 2.13% |
1999 | $1,353,208,740.66 | 2.15% |
2000 | $1,384,456,584.24 | 2.31% |
2001 | $1,427,280,046.00 | 3.09% |
2002 | $1,453,530,764.81 | 1.84% |
2003 | $1,484,588,844.16 | 2.14% |
2004 | $1,534,686,601.50 | 3.37% |
2005 | $1,572,006,900.52 | 2.43% |
2006 | $1,608,884,416.33 | 2.35% |
2007 | $1,671,756,469.24 | 3.91% |
2008 | $1,761,599,079.93 | 5.37% |
2009 | $1,794,688,901.67 | 1.88% |
2010 | $1,808,954,111.56 | 0.79% |
2011 | $1,873,768,085.11 | 3.58% |
2012 | $1,921,494,422.08 | 2.55% |
2013 | $1,948,597,182.29 | 1.41% |
2014 | $1,993,682,633.70 | 2.31% |
2015 | $2,029,500,632.55 | 1.80% |
2016 | $2,036,476,998.27 | 0.34% |
2017 | $2,054,440,080.51 | 0.88% |
2018 | $2,083,296,894.77 | 1.40% |
2019 | $2,121,671,017.83 | 1.84% |
2020 | $2,192,485,968.95 | 3.34% |
2021 | $2,276,270,040.25 | 3.82% |
2022 | $2,494,226,912.02 | 9.58% |
2023 | $2,635,408,970.67 | 5.66% |
2024 | $2,694,380,103.51 | 2.24% |
2025 | $2,744,092,428.60 | 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 |