According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $17,372,482.13 difference in value).
Between 1967 and 2026: Food and beverages experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $2,000,000 in the year 1967 would cost $19,372,482.13 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $2,000,000 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 | $2,000,000.00 | - |
| 1968 | $2,072,891.85 | 3.64% |
| 1969 | $2,175,798.00 | 4.96% |
| 1970 | $2,294,425.92 | 5.45% |
| 1971 | $2,364,935.68 | 3.07% |
| 1972 | $2,462,601.24 | 4.13% |
| 1973 | $2,789,899.95 | 13.29% |
| 1974 | $3,173,892.33 | 13.76% |
| 1975 | $3,441,638.88 | 8.44% |
| 1976 | $3,547,879.94 | 3.09% |
| 1977 | $3,759,409.24 | 5.96% |
| 1978 | $4,126,727.01 | 9.77% |
| 1979 | $4,568,842.31 | 10.71% |
| 1980 | $4,959,980.94 | 8.56% |
| 1981 | $5,345,402.57 | 7.77% |
| 1982 | $5,563,125.30 | 4.07% |
| 1983 | $5,686,993.81 | 2.23% |
| 1984 | $5,900,905.19 | 3.76% |
| 1985 | $6,038,589.80 | 2.33% |
| 1986 | $6,235,350.17 | 3.26% |
| 1987 | $6,489,280.61 | 4.07% |
| 1988 | $6,757,027.16 | 4.13% |
| 1989 | $7,140,066.70 | 5.67% |
| 1990 | $7,551,214.86 | 5.76% |
| 1991 | $7,820,390.66 | 3.56% |
| 1992 | $7,928,537.40 | 1.38% |
| 1993 | $8,094,330.63 | 2.09% |
| 1994 | $8,282,515.48 | 2.32% |
| 1995 | $8,510,719.39 | 2.76% |
| 1996 | $8,787,517.87 | 3.25% |
| 1997 | $9,018,103.86 | 2.62% |
| 1998 | $9,209,623.63 | 2.12% |
| 1999 | $9,407,813.24 | 2.15% |
| 2000 | $9,625,059.55 | 2.31% |
| 2001 | $9,922,820.39 | 3.09% |
| 2002 | $10,105,288.23 | 1.84% |
| 2003 | $10,321,581.71 | 2.14% |
| 2004 | $10,669,842.78 | 3.37% |
| 2005 | $10,929,013.82 | 2.43% |
| 2006 | $11,185,326.35 | 2.35% |
| 2007 | $11,622,653.64 | 3.91% |
| 2008 | $12,247,274.89 | 5.37% |
| 2009 | $12,477,327.30 | 1.88% |
| 2010 | $12,576,503.10 | 0.79% |
| 2011 | $13,027,112.91 | 3.58% |
| 2012 | $13,358,923.30 | 2.55% |
| 2013 | $13,547,351.12 | 1.41% |
| 2014 | $13,860,800.38 | 2.31% |
| 2015 | $14,109,823.73 | 1.80% |
| 2016 | $14,158,323.01 | 0.34% |
| 2017 | $14,283,211.05 | 0.88% |
| 2018 | $14,483,835.16 | 1.40% |
| 2019 | $14,750,624.11 | 1.84% |
| 2020 | $15,242,953.79 | 3.34% |
| 2021 | $15,825,450.21 | 3.82% |
| 2022 | $17,340,767.03 | 9.58% |
| 2023 | $18,322,315.39 | 5.66% |
| 2024 | $18,732,305.86 | 2.24% |
| 2025 | $19,237,524.36 | 2.70% |
| 2026 | $19,372,482.13 | 0.70%* |
* 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 | 336.496 | 338.857 |