According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $17,243,704,621.25 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 $1,960,000,000 in the year 1967 would cost $19,203,704,621.25 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 $1,960,000,000 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 | $1,960,000,000.00 | - |
| 1968 | $2,031,434,016.20 | 3.64% |
| 1969 | $2,132,282,039.07 | 4.96% |
| 1970 | $2,248,537,398.76 | 5.45% |
| 1971 | $2,317,636,969.99 | 3.07% |
| 1972 | $2,413,349,213.91 | 4.13% |
| 1973 | $2,734,101,953.31 | 13.29% |
| 1974 | $3,110,414,483.09 | 13.76% |
| 1975 | $3,372,806,098.14 | 8.44% |
| 1976 | $3,476,922,343.97 | 3.09% |
| 1977 | $3,684,221,057.65 | 5.96% |
| 1978 | $4,044,192,472.61 | 9.77% |
| 1979 | $4,477,465,459.74 | 10.71% |
| 1980 | $4,860,781,324.44 | 8.56% |
| 1981 | $5,238,494,521.20 | 7.77% |
| 1982 | $5,451,862,791.81 | 4.07% |
| 1983 | $5,573,253,930.44 | 2.23% |
| 1984 | $5,782,887,089.09 | 3.76% |
| 1985 | $5,917,818,008.58 | 2.33% |
| 1986 | $6,110,643,163.41 | 3.26% |
| 1987 | $6,359,494,997.62 | 4.07% |
| 1988 | $6,621,886,612.67 | 4.13% |
| 1989 | $6,997,265,364.46 | 5.67% |
| 1990 | $7,400,190,566.94 | 5.76% |
| 1991 | $7,663,982,848.98 | 3.56% |
| 1992 | $7,769,966,650.79 | 1.38% |
| 1993 | $7,932,444,020.96 | 2.09% |
| 1994 | $8,116,865,173.89 | 2.32% |
| 1995 | $8,340,505,002.38 | 2.76% |
| 1996 | $8,611,767,508.34 | 3.25% |
| 1997 | $8,837,741,781.80 | 2.62% |
| 1998 | $9,025,431,157.69 | 2.12% |
| 1999 | $9,219,656,979.51 | 2.15% |
| 2000 | $9,432,558,361.12 | 2.31% |
| 2001 | $9,724,363,982.85 | 3.09% |
| 2002 | $9,903,182,467.84 | 1.84% |
| 2003 | $10,115,150,071.46 | 2.14% |
| 2004 | $10,456,445,926.63 | 3.37% |
| 2005 | $10,710,433,539.78 | 2.43% |
| 2006 | $10,961,619,818.96 | 2.35% |
| 2007 | $11,390,200,571.70 | 3.91% |
| 2008 | $12,002,329,394.95 | 5.37% |
| 2009 | $12,227,780,752.74 | 1.88% |
| 2010 | $12,324,973,034.78 | 0.79% |
| 2011 | $12,766,570,652.69 | 3.58% |
| 2012 | $13,091,744,830.87 | 2.55% |
| 2013 | $13,276,404,097.19 | 1.41% |
| 2014 | $13,583,584,373.51 | 2.31% |
| 2015 | $13,827,627,251.07 | 1.80% |
| 2016 | $13,875,156,550.74 | 0.34% |
| 2017 | $13,997,546,831.82 | 0.88% |
| 2018 | $14,194,158,456.41 | 1.40% |
| 2019 | $14,455,611,624.58 | 1.84% |
| 2020 | $14,938,094,711.77 | 3.34% |
| 2021 | $15,508,941,210.10 | 3.82% |
| 2022 | $16,993,951,691.28 | 9.58% |
| 2023 | $17,955,869,080.51 | 5.66% |
| 2024 | $18,357,659,742.73 | 2.24% |
| 2025 | $18,872,773,701.76 | 2.81% |
| 2026 | $19,203,704,621.25 | 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 |