According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $5,771,362,363.03 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 $656,000,000 in the year 1967 would cost $6,427,362,363.03 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 $656,000,000 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 | $656,000,000.00 | - |
| 1968 | $679,908,527.87 | 3.64% |
| 1969 | $713,661,743.69 | 4.96% |
| 1970 | $752,571,700.81 | 5.45% |
| 1971 | $775,698,904.24 | 3.07% |
| 1972 | $807,733,206.29 | 4.13% |
| 1973 | $915,087,184.37 | 13.29% |
| 1974 | $1,041,036,684.14 | 13.76% |
| 1975 | $1,128,857,551.21 | 8.44% |
| 1976 | $1,163,704,621.25 | 3.09% |
| 1977 | $1,233,086,231.54 | 5.96% |
| 1978 | $1,353,566,460.22 | 9.77% |
| 1979 | $1,498,580,276.32 | 10.71% |
| 1980 | $1,626,873,749.40 | 8.56% |
| 1981 | $1,753,292,043.83 | 7.77% |
| 1982 | $1,824,705,097.67 | 4.07% |
| 1983 | $1,865,333,968.56 | 2.23% |
| 1984 | $1,935,496,903.29 | 3.76% |
| 1985 | $1,980,657,455.93 | 2.33% |
| 1986 | $2,045,194,854.69 | 3.26% |
| 1987 | $2,128,484,040.02 | 4.07% |
| 1988 | $2,216,304,907.10 | 4.13% |
| 1989 | $2,341,941,877.08 | 5.67% |
| 1990 | $2,476,798,475.46 | 5.76% |
| 1991 | $2,565,088,137.21 | 3.56% |
| 1992 | $2,600,560,266.79 | 1.38% |
| 1993 | $2,654,940,447.83 | 2.09% |
| 1994 | $2,716,665,078.61 | 2.32% |
| 1995 | $2,791,515,959.98 | 2.76% |
| 1996 | $2,882,305,859.93 | 3.25% |
| 1997 | $2,957,938,065.75 | 2.62% |
| 1998 | $3,020,756,550.74 | 2.12% |
| 1999 | $3,085,762,744.16 | 2.15% |
| 2000 | $3,157,019,533.11 | 2.31% |
| 2001 | $3,254,685,088.14 | 3.09% |
| 2002 | $3,314,534,540.26 | 1.84% |
| 2003 | $3,385,478,799.43 | 2.14% |
| 2004 | $3,499,708,432.59 | 3.37% |
| 2005 | $3,584,716,531.68 | 2.43% |
| 2006 | $3,668,787,041.45 | 2.35% |
| 2007 | $3,812,230,395.43 | 3.91% |
| 2008 | $4,017,106,164.84 | 5.37% |
| 2009 | $4,092,563,353.98 | 1.88% |
| 2010 | $4,125,093,015.72 | 0.79% |
| 2011 | $4,272,893,034.78 | 3.58% |
| 2012 | $4,381,726,841.35 | 2.55% |
| 2013 | $4,443,531,167.22 | 1.41% |
| 2014 | $4,546,342,525.01 | 2.31% |
| 2015 | $4,628,022,181.99 | 1.80% |
| 2016 | $4,643,929,947.59 | 0.34% |
| 2017 | $4,684,893,225.35 | 0.88% |
| 2018 | $4,750,697,932.35 | 1.40% |
| 2019 | $4,838,204,707.00 | 1.84% |
| 2020 | $4,999,688,842.31 | 3.34% |
| 2021 | $5,190,747,670.32 | 3.82% |
| 2022 | $5,687,771,586.47 | 9.58% |
| 2023 | $6,009,719,447.36 | 5.66% |
| 2024 | $6,144,196,322.06 | 2.24% |
| 2025 | $6,316,601,810.39 | 2.81% |
| 2026 | $6,427,362,363.03 | 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 |