According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $6,889,678,007.62 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 $783,112,979 in the year 1967 would cost $7,672,790,986.62 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 $783,112,979 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 | $783,112,979.00 | - |
| 1968 | $811,654,257.18 | 3.64% |
| 1969 | $851,947,826.37 | 4.96% |
| 1970 | $898,397,357.52 | 5.45% |
| 1971 | $926,005,914.19 | 3.07% |
| 1972 | $964,247,496.06 | 4.13% |
| 1973 | $1,092,403,431.40 | 13.29% |
| 1974 | $1,242,758,138.66 | 13.76% |
| 1975 | $1,347,596,036.28 | 8.44% |
| 1976 | $1,389,195,415.58 | 3.09% |
| 1977 | $1,472,021,085.59 | 5.96% |
| 1978 | $1,615,846,742.28 | 9.77% |
| 1979 | $1,788,959,854.36 | 10.71% |
| 1980 | $1,942,112,726.15 | 8.56% |
| 1981 | $2,093,027,066.31 | 7.77% |
| 1982 | $2,178,277,812.24 | 4.07% |
| 1983 | $2,226,779,330.71 | 2.23% |
| 1984 | $2,310,537,722.22 | 3.76% |
| 1985 | $2,364,449,025.45 | 2.33% |
| 1986 | $2,441,491,822.09 | 3.26% |
| 1987 | $2,540,919,934.96 | 4.07% |
| 1988 | $2,645,757,832.58 | 4.13% |
| 1989 | $2,795,739,451.23 | 5.67% |
| 1990 | $2,956,727,183.69 | 5.76% |
| 1991 | $3,062,124,714.22 | 3.56% |
| 1992 | $3,104,470,270.73 | 1.38% |
| 1993 | $3,169,387,687.76 | 2.09% |
| 1994 | $3,243,072,686.97 | 2.32% |
| 1995 | $3,332,427,407.54 | 2.76% |
| 1996 | $3,440,809,646.89 | 3.25% |
| 1997 | $3,531,097,088.97 | 2.62% |
| 1998 | $3,606,087,898.30 | 2.12% |
| 1999 | $3,683,690,327.85 | 2.15% |
| 2000 | $3,768,754,529.48 | 2.31% |
| 2001 | $3,885,344,718.11 | 3.09% |
| 2002 | $3,956,791,185.70 | 1.84% |
| 2003 | $4,041,482,298.72 | 2.14% |
| 2004 | $4,177,846,183.35 | 3.37% |
| 2005 | $4,279,326,283.53 | 2.43% |
| 2006 | $4,379,687,117.90 | 2.35% |
| 2007 | $4,550,925,459.75 | 3.91% |
| 2008 | $4,795,499,962.97 | 5.37% |
| 2009 | $4,885,578,475.43 | 1.88% |
| 2010 | $4,924,411,402.73 | 0.79% |
| 2011 | $5,100,850,599.72 | 3.58% |
| 2012 | $5,230,773,109.60 | 2.55% |
| 2013 | $5,304,553,246.41 | 1.41% |
| 2014 | $5,427,286,338.90 | 2.31% |
| 2015 | $5,524,793,045.45 | 1.80% |
| 2016 | $5,543,783,255.38 | 0.34% |
| 2017 | $5,592,683,978.65 | 0.88% |
| 2018 | $5,671,239,649.59 | 1.40% |
| 2019 | $5,775,702,593.16 | 1.84% |
| 2020 | $5,968,477,474.65 | 3.34% |
| 2021 | $6,196,557,730.70 | 3.82% |
| 2022 | $6,789,889,864.26 | 9.58% |
| 2023 | $7,174,221,492.95 | 5.66% |
| 2024 | $7,334,755,922.76 | 2.24% |
| 2025 | $7,540,568,385.50 | 2.81% |
| 2026 | $7,672,790,986.62 | 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 |