According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $24,633,863,744.64 difference in value).
Between 1967 and 2026:Food and beverages experienced an average inflation rate of 3.94% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $2,800,000,000 in the year 1967 would cost $27,433,863,744.64 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for food and beverages was higher.
Below are calculations of equivalent buying power for Food and beverages, over time, for $2,800,000,000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1967 | $2,800,000,000.00 | - |
| 1968 | $2,902,048,594.57 | 3.64% |
| 1969 | $3,046,117,198.67 | 4.96% |
| 1970 | $3,212,196,283.94 | 5.45% |
| 1971 | $3,310,909,957.12 | 3.07% |
| 1972 | $3,447,641,734.16 | 4.13% |
| 1973 | $3,905,859,933.30 | 13.29% |
| 1974 | $4,443,449,261.55 | 13.76% |
| 1975 | $4,818,294,425.92 | 8.44% |
| 1976 | $4,967,031,919.96 | 3.09% |
| 1977 | $5,263,172,939.49 | 5.96% |
| 1978 | $5,777,417,818.01 | 9.77% |
| 1979 | $6,396,379,228.20 | 10.71% |
| 1980 | $6,943,973,320.63 | 8.56% |
| 1981 | $7,483,563,601.72 | 7.77% |
| 1982 | $7,788,375,416.87 | 4.07% |
| 1983 | $7,961,791,329.20 | 2.23% |
| 1984 | $8,261,267,270.13 | 3.76% |
| 1985 | $8,454,025,726.54 | 2.33% |
| 1986 | $8,729,490,233.44 | 3.26% |
| 1987 | $9,084,992,853.74 | 4.07% |
| 1988 | $9,459,838,018.10 | 4.13% |
| 1989 | $9,996,093,377.80 | 5.67% |
| 1990 | $10,571,700,809.91 | 5.76% |
| 1991 | $10,948,546,927.11 | 3.56% |
| 1992 | $11,099,952,358.27 | 1.38% |
| 1993 | $11,332,062,887.09 | 2.09% |
| 1994 | $11,595,521,676.99 | 2.32% |
| 1995 | $11,915,007,146.26 | 2.76% |
| 1996 | $12,302,525,011.91 | 3.25% |
| 1997 | $12,625,345,402.57 | 2.62% |
| 1998 | $12,893,473,082.42 | 2.12% |
| 1999 | $13,170,938,542.16 | 2.15% |
| 2000 | $13,475,083,373.03 | 2.31% |
| 2001 | $13,891,948,546.93 | 3.09% |
| 2002 | $14,147,403,525.49 | 1.84% |
| 2003 | $14,450,214,387.80 | 2.14% |
| 2004 | $14,937,779,895.19 | 3.37% |
| 2005 | $15,300,619,342.54 | 2.43% |
| 2006 | $15,659,456,884.23 | 2.35% |
| 2007 | $16,271,715,102.43 | 3.91% |
| 2008 | $17,146,184,849.93 | 5.37% |
| 2009 | $17,468,258,218.20 | 1.88% |
| 2010 | $17,607,104,335.40 | 0.79% |
| 2011 | $18,237,958,075.27 | 3.58% |
| 2012 | $18,702,492,615.53 | 2.55% |
| 2013 | $18,966,291,567.41 | 1.41% |
| 2014 | $19,405,120,533.59 | 2.31% |
| 2015 | $19,753,753,215.82 | 1.80% |
| 2016 | $19,821,652,215.34 | 0.34% |
| 2017 | $19,996,495,474.04 | 0.88% |
| 2018 | $20,277,369,223.44 | 1.40% |
| 2019 | $20,650,873,749.40 | 1.84% |
| 2020 | $21,340,135,302.53 | 3.34% |
| 2021 | $22,155,630,300.14 | 3.82% |
| 2022 | $24,277,073,844.69 | 9.58% |
| 2023 | $25,651,241,543.59 | 5.66% |
| 2024 | $26,225,228,203.91 | 2.24% |
| 2025 | $26,961,105,288.23 | 2.81% |
| 2026 | $27,433,863,744.64 | 1.75%* |
* 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 | 336.853 | 342.760 |