According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $8,797,808,480,228,679,680 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 $1,000,000,000,000,000,000 in the year 1967 would cost $9,797,808,480,228,679,680 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 $1,000,000,000,000,000,000 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 | $1,000,000,000,000,000,000.00 | - |
| 1968 | $1,036,445,926,631,729,280.00 | 3.64% |
| 1969 | $1,087,898,999,523,582,464.00 | 4.96% |
| 1970 | $1,147,212,958,551,691,392.00 | 5.45% |
| 1971 | $1,182,467,841,829,442,560.00 | 3.07% |
| 1972 | $1,231,300,619,342,544,128.00 | 4.13% |
| 1973 | $1,394,949,976,179,133,184.00 | 13.29% |
| 1974 | $1,586,946,164,840,400,384.00 | 13.76% |
| 1975 | $1,720,819,437,827,536,640.00 | 8.44% |
| 1976 | $1,773,939,971,414,959,616.00 | 3.09% |
| 1977 | $1,879,704,621,248,213,504.00 | 5.96% |
| 1978 | $2,063,363,506,431,634,432.00 | 9.77% |
| 1979 | $2,284,421,152,929,966,592.00 | 10.71% |
| 1980 | $2,479,990,471,653,168,128.00 | 8.56% |
| 1981 | $2,672,701,286,326,822,400.00 | 7.77% |
| 1982 | $2,781,562,648,880,419,328.00 | 4.07% |
| 1983 | $2,843,496,903,287,280,128.00 | 2.23% |
| 1984 | $2,950,452,596,474,511,360.00 | 3.76% |
| 1985 | $3,019,294,902,334,445,568.00 | 2.33% |
| 1986 | $3,117,675,083,373,033,984.00 | 3.26% |
| 1987 | $3,244,640,304,907,098,624.00 | 4.07% |
| 1988 | $3,378,513,577,894,234,624.00 | 4.13% |
| 1989 | $3,570,033,349,213,911,552.00 | 5.67% |
| 1990 | $3,775,607,432,110,529,024.00 | 5.76% |
| 1991 | $3,910,195,331,110,052,352.00 | 3.56% |
| 1992 | $3,964,268,699,380,657,664.00 | 1.38% |
| 1993 | $4,047,165,316,817,532,416.00 | 2.09% |
| 1994 | $4,141,257,741,781,800,960.00 | 2.32% |
| 1995 | $4,255,359,695,092,901,888.00 | 2.76% |
| 1996 | $4,393,758,932,825,155,072.00 | 3.25% |
| 1997 | $4,509,051,929,490,233,856.00 | 2.62% |
| 1998 | $4,604,811,815,150,071,296.00 | 2.12% |
| 1999 | $4,703,906,622,201,048,064.00 | 2.15% |
| 2000 | $4,812,529,776,083,848,192.00 | 2.31% |
| 2001 | $4,961,410,195,331,110,912.00 | 3.09% |
| 2002 | $5,052,644,116,245,830,656.00 | 1.84% |
| 2003 | $5,160,790,852,787,041,280.00 | 2.14% |
| 2004 | $5,334,921,391,138,636,800.00 | 3.37% |
| 2005 | $5,464,506,908,051,452,928.00 | 2.43% |
| 2006 | $5,592,663,172,939,494,400.00 | 2.35% |
| 2007 | $5,811,326,822,296,330,240.00 | 3.91% |
| 2008 | $6,123,637,446,403,048,448.00 | 5.37% |
| 2009 | $6,238,663,649,356,835,840.00 | 1.88% |
| 2010 | $6,288,251,548,356,360,192.00 | 0.79% |
| 2011 | $6,513,556,455,454,978,048.00 | 3.58% |
| 2012 | $6,679,461,648,404,001,792.00 | 2.55% |
| 2013 | $6,773,675,559,790,375,936.00 | 1.41% |
| 2014 | $6,930,400,190,566,936,576.00 | 2.31% |
| 2015 | $7,054,911,862,791,806,976.00 | 1.80% |
| 2016 | $7,079,161,505,478,799,360.00 | 0.34% |
| 2017 | $7,141,605,526,441,163,776.00 | 0.88% |
| 2018 | $7,241,917,579,799,903,232.00 | 1.40% |
| 2019 | $7,375,312,053,358,741,504.00 | 1.84% |
| 2020 | $7,621,476,893,758,931,968.00 | 3.34% |
| 2021 | $7,912,725,107,193,902,080.00 | 3.82% |
| 2022 | $8,670,383,515,959,980,032.00 | 9.58% |
| 2023 | $9,161,157,694,140,065,792.00 | 5.66% |
| 2024 | $9,366,152,929,966,649,344.00 | 2.24% |
| 2025 | $9,628,966,174,368,745,472.00 | 2.81% |
| 2026 | $9,797,808,480,228,679,680.00 | 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 |