According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $5,278,685,088,137.21 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 $600,000,000,000 in the year 1967 would cost $5,878,685,088,137.21 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 $600,000,000,000 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 | $600,000,000,000.00 | - |
| 1968 | $621,867,555,979.04 | 3.64% |
| 1969 | $652,739,399,714.15 | 4.96% |
| 1970 | $688,327,775,131.01 | 5.45% |
| 1971 | $709,480,705,097.67 | 3.07% |
| 1972 | $738,780,371,605.53 | 4.13% |
| 1973 | $836,969,985,707.48 | 13.29% |
| 1974 | $952,167,698,904.24 | 13.76% |
| 1975 | $1,032,491,662,696.52 | 8.44% |
| 1976 | $1,064,363,982,848.98 | 3.09% |
| 1977 | $1,127,822,772,748.93 | 5.96% |
| 1978 | $1,238,018,103,858.98 | 9.77% |
| 1979 | $1,370,652,691,757.98 | 10.71% |
| 1980 | $1,487,994,282,991.90 | 8.56% |
| 1981 | $1,603,620,771,796.09 | 7.77% |
| 1982 | $1,668,937,589,328.25 | 4.07% |
| 1983 | $1,706,098,141,972.37 | 2.23% |
| 1984 | $1,770,271,557,884.71 | 3.76% |
| 1985 | $1,811,576,941,400.67 | 2.33% |
| 1986 | $1,870,605,050,023.82 | 3.26% |
| 1987 | $1,946,784,182,944.26 | 4.07% |
| 1988 | $2,027,108,146,736.54 | 4.13% |
| 1989 | $2,142,020,009,528.35 | 5.67% |
| 1990 | $2,265,364,459,266.32 | 5.76% |
| 1991 | $2,346,117,198,666.03 | 3.56% |
| 1992 | $2,378,561,219,628.39 | 1.38% |
| 1993 | $2,428,299,190,090.52 | 2.09% |
| 1994 | $2,484,754,645,069.08 | 2.32% |
| 1995 | $2,553,215,817,055.74 | 2.76% |
| 1996 | $2,636,255,359,695.09 | 3.25% |
| 1997 | $2,705,431,157,694.14 | 2.62% |
| 1998 | $2,762,887,089,090.04 | 2.12% |
| 1999 | $2,822,343,973,320.63 | 2.15% |
| 2000 | $2,887,517,865,650.31 | 2.31% |
| 2001 | $2,976,846,117,198.67 | 3.09% |
| 2002 | $3,031,586,469,747.50 | 1.84% |
| 2003 | $3,096,474,511,672.22 | 2.14% |
| 2004 | $3,200,952,834,683.18 | 3.37% |
| 2005 | $3,278,704,144,830.87 | 2.43% |
| 2006 | $3,355,597,903,763.70 | 2.35% |
| 2007 | $3,486,796,093,377.80 | 3.91% |
| 2008 | $3,674,182,467,841.83 | 5.37% |
| 2009 | $3,743,198,189,614.10 | 1.88% |
| 2010 | $3,772,950,929,013.82 | 0.79% |
| 2011 | $3,908,133,873,272.99 | 3.58% |
| 2012 | $4,007,676,989,042.40 | 2.55% |
| 2013 | $4,064,205,335,874.23 | 1.41% |
| 2014 | $4,158,240,114,340.16 | 2.31% |
| 2015 | $4,232,947,117,675.08 | 1.80% |
| 2016 | $4,247,496,903,287.28 | 0.34% |
| 2017 | $4,284,963,315,864.70 | 0.88% |
| 2018 | $4,345,150,547,879.94 | 1.40% |
| 2019 | $4,425,187,232,015.25 | 1.84% |
| 2020 | $4,572,886,136,255.36 | 3.34% |
| 2021 | $4,747,635,064,316.34 | 3.82% |
| 2022 | $5,202,230,109,575.99 | 9.58% |
| 2023 | $5,496,694,616,484.04 | 5.66% |
| 2024 | $5,619,691,757,979.99 | 2.24% |
| 2025 | $5,777,379,704,621.25 | 2.81% |
| 2026 | $5,878,685,088,137.21 | 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 |