According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 129.64% higher in 2025 versus 1994 (a $7,778,426.25 difference in value).
Between 1994 and 2025: Food and beverages experienced an average inflation rate of 2.72% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $6,000,000 in the year 1994 would cost $13,778,426.25 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for food and beverages was higher.
In the year 1994: Pricing changed by 2.33%, which is below the average yearly change for food and beverages during the 1994-2025 time period. Compared to inflation for all items in 1994 (2.60%), inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $6,000,000 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1994 | $6,000,000.00 | 2.33% |
1995 | $6,165,339.28 | 2.76% |
1996 | $6,365,721.57 | 3.25% |
1997 | $6,532,653.71 | 2.62% |
1998 | $6,671,551.45 | 2.13% |
1999 | $6,815,227.78 | 2.15% |
2000 | $6,972,602.74 | 2.31% |
2001 | $7,188,276.52 | 3.09% |
2002 | $7,320,484.23 | 1.84% |
2003 | $7,476,903.47 | 2.14% |
2004 | $7,729,213.13 | 3.37% |
2005 | $7,917,171.07 | 2.43% |
2006 | $8,102,899.01 | 2.35% |
2007 | $8,419,544.44 | 3.91% |
2008 | $8,872,022.94 | 5.37% |
2009 | $9,038,674.74 | 1.88% |
2010 | $9,110,519.27 | 0.79% |
2011 | $9,436,944.89 | 3.58% |
2012 | $9,677,311.25 | 2.55% |
2013 | $9,813,810.13 | 1.41% |
2014 | $10,040,876.08 | 2.31% |
2015 | $10,221,267.92 | 1.80% |
2016 | $10,256,403.31 | 0.34% |
2017 | $10,346,871.62 | 0.88% |
2018 | $10,492,204.52 | 1.40% |
2019 | $10,685,469.89 | 1.84% |
2020 | $11,042,118.51 | 3.34% |
2021 | $11,464,084.10 | 3.82% |
2022 | $12,561,790.38 | 9.58% |
2023 | $13,272,832.11 | 5.66% |
2024 | $13,569,831.16 | 2.24% |
2025 | $13,778,426.25 | 1.54%* |
* 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 | 332.696 |