According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $61,584,659,361,600.76 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 $7,000,000,000,000 in the year 1967 would cost $68,584,659,361,600.76 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 $7,000,000,000,000 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 | $7,000,000,000,000.00 | - |
| 1968 | $7,255,121,486,422.11 | 3.64% |
| 1969 | $7,615,292,996,665.08 | 4.96% |
| 1970 | $8,030,490,709,861.84 | 5.45% |
| 1971 | $8,277,274,892,806.10 | 3.07% |
| 1972 | $8,619,104,335,397.81 | 4.13% |
| 1973 | $9,764,649,833,253.93 | 13.29% |
| 1974 | $11,108,623,153,882.80 | 13.76% |
| 1975 | $12,045,736,064,792.76 | 8.44% |
| 1976 | $12,417,579,799,904.72 | 3.09% |
| 1977 | $13,157,932,348,737.50 | 5.96% |
| 1978 | $14,443,544,545,021.44 | 9.77% |
| 1979 | $15,990,948,070,509.77 | 10.71% |
| 1980 | $17,359,933,301,572.18 | 8.56% |
| 1981 | $18,708,909,004,287.76 | 7.77% |
| 1982 | $19,470,938,542,162.94 | 4.07% |
| 1983 | $19,904,478,323,010.96 | 2.23% |
| 1984 | $20,653,168,175,321.58 | 3.76% |
| 1985 | $21,135,064,316,341.11 | 2.33% |
| 1986 | $21,823,725,583,611.24 | 3.26% |
| 1987 | $22,712,482,134,349.69 | 4.07% |
| 1988 | $23,649,595,045,259.65 | 4.13% |
| 1989 | $24,990,233,444,497.38 | 5.67% |
| 1990 | $26,429,252,024,773.71 | 5.76% |
| 1991 | $27,371,367,317,770.37 | 3.56% |
| 1992 | $27,749,880,895,664.60 | 1.38% |
| 1993 | $28,330,157,217,722.73 | 2.09% |
| 1994 | $28,988,804,192,472.61 | 2.32% |
| 1995 | $29,787,517,865,650.31 | 2.76% |
| 1996 | $30,756,312,529,776.09 | 3.25% |
| 1997 | $31,563,363,506,431.64 | 2.62% |
| 1998 | $32,233,682,706,050.50 | 2.12% |
| 1999 | $32,927,346,355,407.33 | 2.15% |
| 2000 | $33,687,708,432,586.94 | 2.31% |
| 2001 | $34,729,871,367,317.78 | 3.09% |
| 2002 | $35,368,508,813,720.81 | 1.84% |
| 2003 | $36,125,535,969,509.28 | 2.14% |
| 2004 | $37,344,449,737,970.46 | 3.37% |
| 2005 | $38,251,548,356,360.17 | 2.43% |
| 2006 | $39,148,642,210,576.46 | 2.35% |
| 2007 | $40,679,287,756,074.32 | 3.91% |
| 2008 | $42,865,462,124,821.34 | 5.37% |
| 2009 | $43,670,645,545,497.85 | 1.88% |
| 2010 | $44,017,760,838,494.52 | 0.79% |
| 2011 | $45,594,895,188,184.85 | 3.58% |
| 2012 | $46,756,231,538,828.02 | 2.55% |
| 2013 | $47,415,728,918,532.63 | 1.41% |
| 2014 | $48,512,801,333,968.56 | 2.31% |
| 2015 | $49,384,383,039,542.64 | 1.80% |
| 2016 | $49,554,130,538,351.59 | 0.34% |
| 2017 | $49,991,238,685,088.14 | 0.88% |
| 2018 | $50,693,423,058,599.34 | 1.40% |
| 2019 | $51,627,184,373,511.19 | 1.84% |
| 2020 | $53,350,338,256,312.52 | 3.34% |
| 2021 | $55,389,075,750,357.32 | 3.82% |
| 2022 | $60,692,684,611,719.87 | 9.58% |
| 2023 | $64,128,103,858,980.45 | 5.66% |
| 2024 | $65,563,070,509,766.56 | 2.24% |
| 2025 | $67,402,763,220,581.22 | 2.81% |
| 2026 | $68,584,659,361,600.76 | 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 |