According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $3,589,505,859.93 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 $408,000,000 in the year 1967 would cost $3,997,505,859.93 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 $408,000,000 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 | $408,000,000.00 | - |
| 1968 | $422,869,938.07 | 3.64% |
| 1969 | $443,862,791.81 | 4.96% |
| 1970 | $468,062,887.09 | 5.45% |
| 1971 | $482,446,879.47 | 3.07% |
| 1972 | $502,370,652.69 | 4.13% |
| 1973 | $569,139,590.28 | 13.29% |
| 1974 | $647,474,035.25 | 13.76% |
| 1975 | $702,094,330.63 | 8.44% |
| 1976 | $723,767,508.34 | 3.09% |
| 1977 | $766,919,485.47 | 5.96% |
| 1978 | $841,852,310.62 | 9.77% |
| 1979 | $932,043,830.40 | 10.71% |
| 1980 | $1,011,836,112.43 | 8.56% |
| 1981 | $1,090,462,124.82 | 7.77% |
| 1982 | $1,134,877,560.74 | 4.07% |
| 1983 | $1,160,146,736.54 | 2.23% |
| 1984 | $1,203,784,659.36 | 3.76% |
| 1985 | $1,231,872,320.15 | 2.33% |
| 1986 | $1,272,011,434.02 | 3.26% |
| 1987 | $1,323,813,244.40 | 4.07% |
| 1988 | $1,378,433,539.78 | 4.13% |
| 1989 | $1,456,573,606.48 | 5.67% |
| 1990 | $1,540,447,832.30 | 5.76% |
| 1991 | $1,595,359,695.09 | 3.56% |
| 1992 | $1,617,421,629.35 | 1.38% |
| 1993 | $1,651,243,449.26 | 2.09% |
| 1994 | $1,689,633,158.65 | 2.32% |
| 1995 | $1,736,186,755.60 | 2.76% |
| 1996 | $1,792,653,644.59 | 3.25% |
| 1997 | $1,839,693,187.23 | 2.62% |
| 1998 | $1,878,763,220.58 | 2.12% |
| 1999 | $1,919,193,901.86 | 2.15% |
| 2000 | $1,963,512,148.64 | 2.31% |
| 2001 | $2,024,255,359.70 | 3.09% |
| 2002 | $2,061,478,799.43 | 1.84% |
| 2003 | $2,105,602,667.94 | 2.14% |
| 2004 | $2,176,647,927.58 | 3.37% |
| 2005 | $2,229,518,818.48 | 2.43% |
| 2006 | $2,281,806,574.56 | 2.35% |
| 2007 | $2,371,021,343.50 | 3.91% |
| 2008 | $2,498,444,078.13 | 5.37% |
| 2009 | $2,545,374,768.94 | 1.88% |
| 2010 | $2,565,606,631.73 | 0.79% |
| 2011 | $2,657,531,033.83 | 3.58% |
| 2012 | $2,725,220,352.55 | 2.55% |
| 2013 | $2,763,659,628.39 | 1.41% |
| 2014 | $2,827,603,277.75 | 2.31% |
| 2015 | $2,878,404,040.02 | 1.80% |
| 2016 | $2,888,297,894.24 | 0.34% |
| 2017 | $2,913,775,054.79 | 0.88% |
| 2018 | $2,954,702,372.56 | 1.40% |
| 2019 | $3,009,127,317.77 | 1.84% |
| 2020 | $3,109,562,572.65 | 3.34% |
| 2021 | $3,228,391,843.74 | 3.82% |
| 2022 | $3,537,516,474.51 | 9.58% |
| 2023 | $3,737,752,339.21 | 5.66% |
| 2024 | $3,821,390,395.43 | 2.24% |
| 2025 | $3,928,618,199.14 | 2.81% |
| 2026 | $3,997,505,859.93 | 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 |