According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $2,639,342,544,068.60 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 $300,000,000,000 in the year 1967 would cost $2,939,342,544,068.60 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 $300,000,000,000 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 | $300,000,000,000.00 | - |
| 1968 | $310,933,777,989.52 | 3.64% |
| 1969 | $326,369,699,857.07 | 4.96% |
| 1970 | $344,163,887,565.51 | 5.45% |
| 1971 | $354,740,352,548.83 | 3.07% |
| 1972 | $369,390,185,802.76 | 4.13% |
| 1973 | $418,484,992,853.74 | 13.29% |
| 1974 | $476,083,849,452.12 | 13.76% |
| 1975 | $516,245,831,348.26 | 8.44% |
| 1976 | $532,181,991,424.49 | 3.09% |
| 1977 | $563,911,386,374.46 | 5.96% |
| 1978 | $619,009,051,929.49 | 9.77% |
| 1979 | $685,326,345,878.99 | 10.71% |
| 1980 | $743,997,141,495.95 | 8.56% |
| 1981 | $801,810,385,898.05 | 7.77% |
| 1982 | $834,468,794,664.13 | 4.07% |
| 1983 | $853,049,070,986.18 | 2.23% |
| 1984 | $885,135,778,942.35 | 3.76% |
| 1985 | $905,788,470,700.33 | 2.33% |
| 1986 | $935,302,525,011.91 | 3.26% |
| 1987 | $973,392,091,472.13 | 4.07% |
| 1988 | $1,013,554,073,368.27 | 4.13% |
| 1989 | $1,071,010,004,764.17 | 5.67% |
| 1990 | $1,132,682,229,633.16 | 5.76% |
| 1991 | $1,173,058,599,333.02 | 3.56% |
| 1992 | $1,189,280,609,814.20 | 1.38% |
| 1993 | $1,214,149,595,045.26 | 2.09% |
| 1994 | $1,242,377,322,534.54 | 2.32% |
| 1995 | $1,276,607,908,527.87 | 2.76% |
| 1996 | $1,318,127,679,847.55 | 3.25% |
| 1997 | $1,352,715,578,847.07 | 2.62% |
| 1998 | $1,381,443,544,545.02 | 2.12% |
| 1999 | $1,411,171,986,660.31 | 2.15% |
| 2000 | $1,443,758,932,825.15 | 2.31% |
| 2001 | $1,488,423,058,599.33 | 3.09% |
| 2002 | $1,515,793,234,873.75 | 1.84% |
| 2003 | $1,548,237,255,836.11 | 2.14% |
| 2004 | $1,600,476,417,341.59 | 3.37% |
| 2005 | $1,639,352,072,415.44 | 2.43% |
| 2006 | $1,677,798,951,881.85 | 2.35% |
| 2007 | $1,743,398,046,688.90 | 3.91% |
| 2008 | $1,837,091,233,920.91 | 5.37% |
| 2009 | $1,871,599,094,807.05 | 1.88% |
| 2010 | $1,886,475,464,506.91 | 0.79% |
| 2011 | $1,954,066,936,636.49 | 3.58% |
| 2012 | $2,003,838,494,521.20 | 2.55% |
| 2013 | $2,032,102,667,937.11 | 1.41% |
| 2014 | $2,079,120,057,170.08 | 2.31% |
| 2015 | $2,116,473,558,837.54 | 1.80% |
| 2016 | $2,123,748,451,643.64 | 0.34% |
| 2017 | $2,142,481,657,932.35 | 0.88% |
| 2018 | $2,172,575,273,939.97 | 1.40% |
| 2019 | $2,212,593,616,007.62 | 1.84% |
| 2020 | $2,286,443,068,127.68 | 3.34% |
| 2021 | $2,373,817,532,158.17 | 3.82% |
| 2022 | $2,601,115,054,787.99 | 9.58% |
| 2023 | $2,748,347,308,242.02 | 5.66% |
| 2024 | $2,809,845,878,990.00 | 2.24% |
| 2025 | $2,888,689,852,310.62 | 2.81% |
| 2026 | $2,939,342,544,068.60 | 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 |