According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $193,551,786,565.03 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 $22,000,000,000 in the year 1967 would cost $215,551,786,565.03 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 $22,000,000,000 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 | $22,000,000,000.00 | - |
| 1968 | $22,801,810,385.90 | 3.64% |
| 1969 | $23,933,777,989.52 | 4.96% |
| 1970 | $25,238,685,088.14 | 5.45% |
| 1971 | $26,014,292,520.25 | 3.07% |
| 1972 | $27,088,613,625.54 | 4.13% |
| 1973 | $30,688,899,475.94 | 13.29% |
| 1974 | $34,912,815,626.49 | 13.76% |
| 1975 | $37,858,027,632.21 | 8.44% |
| 1976 | $39,026,679,371.13 | 3.09% |
| 1977 | $41,353,501,667.46 | 5.96% |
| 1978 | $45,393,997,141.50 | 9.77% |
| 1979 | $50,257,265,364.46 | 10.71% |
| 1980 | $54,559,790,376.37 | 8.56% |
| 1981 | $58,799,428,299.19 | 7.77% |
| 1982 | $61,194,378,275.37 | 4.07% |
| 1983 | $62,556,931,872.32 | 2.23% |
| 1984 | $64,909,957,122.44 | 3.76% |
| 1985 | $66,424,487,851.36 | 2.33% |
| 1986 | $68,588,851,834.21 | 3.26% |
| 1987 | $71,382,086,707.96 | 4.07% |
| 1988 | $74,327,298,713.67 | 4.13% |
| 1989 | $78,540,733,682.71 | 5.67% |
| 1990 | $83,063,363,506.43 | 5.76% |
| 1991 | $86,024,297,284.42 | 3.56% |
| 1992 | $87,213,911,386.37 | 1.38% |
| 1993 | $89,037,636,969.99 | 2.09% |
| 1994 | $91,107,670,319.20 | 2.32% |
| 1995 | $93,617,913,292.04 | 2.76% |
| 1996 | $96,662,696,522.15 | 3.25% |
| 1997 | $99,199,142,448.79 | 2.62% |
| 1998 | $101,305,859,933.30 | 2.12% |
| 1999 | $103,485,945,688.42 | 2.15% |
| 2000 | $105,875,655,073.84 | 2.31% |
| 2001 | $109,151,024,297.28 | 3.09% |
| 2002 | $111,158,170,557.41 | 1.84% |
| 2003 | $113,537,398,761.31 | 2.14% |
| 2004 | $117,368,270,605.05 | 3.37% |
| 2005 | $120,219,151,977.13 | 2.43% |
| 2006 | $123,038,589,804.67 | 2.35% |
| 2007 | $127,849,190,090.52 | 3.91% |
| 2008 | $134,720,023,820.87 | 5.37% |
| 2009 | $137,250,600,285.85 | 1.88% |
| 2010 | $138,341,534,063.84 | 0.79% |
| 2011 | $143,298,242,020.01 | 3.58% |
| 2012 | $146,948,156,264.89 | 2.55% |
| 2013 | $149,020,862,315.39 | 1.41% |
| 2014 | $152,468,804,192.47 | 2.31% |
| 2015 | $155,208,060,981.42 | 1.80% |
| 2016 | $155,741,553,120.53 | 0.34% |
| 2017 | $157,115,321,581.71 | 0.88% |
| 2018 | $159,322,186,755.60 | 1.40% |
| 2019 | $162,256,865,173.89 | 1.84% |
| 2020 | $167,672,491,662.70 | 3.34% |
| 2021 | $174,079,952,358.27 | 3.82% |
| 2022 | $190,748,437,351.12 | 9.58% |
| 2023 | $201,545,469,271.08 | 5.66% |
| 2024 | $206,055,364,459.27 | 2.24% |
| 2025 | $211,837,255,836.11 | 2.81% |
| 2026 | $215,551,786,565.03 | 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 |