According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $7,817,616,960,457.36 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 $900,000,000,000 in the year 1967 would cost $8,717,616,960,457.36 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 $900,000,000,000 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 | $900,000,000,000.00 | - |
| 1968 | $932,801,333,968.56 | 3.64% |
| 1969 | $979,109,099,571.22 | 4.96% |
| 1970 | $1,032,491,662,696.52 | 5.45% |
| 1971 | $1,064,221,057,646.50 | 3.07% |
| 1972 | $1,108,170,557,408.29 | 4.13% |
| 1973 | $1,255,454,978,561.22 | 13.29% |
| 1974 | $1,428,251,548,356.36 | 13.76% |
| 1975 | $1,548,737,494,044.78 | 8.44% |
| 1976 | $1,596,545,974,273.46 | 3.09% |
| 1977 | $1,691,734,159,123.39 | 5.96% |
| 1978 | $1,857,027,155,788.47 | 9.77% |
| 1979 | $2,055,979,037,636.97 | 10.71% |
| 1980 | $2,231,991,424,487.85 | 8.56% |
| 1981 | $2,405,431,157,694.14 | 7.77% |
| 1982 | $2,503,406,383,992.38 | 4.07% |
| 1983 | $2,559,147,212,958.55 | 2.23% |
| 1984 | $2,655,407,336,827.06 | 3.76% |
| 1985 | $2,717,365,412,101.00 | 2.33% |
| 1986 | $2,805,907,575,035.73 | 3.26% |
| 1987 | $2,920,176,274,416.39 | 4.07% |
| 1988 | $3,040,662,220,104.81 | 4.13% |
| 1989 | $3,213,030,014,292.52 | 5.67% |
| 1990 | $3,398,046,688,899.48 | 5.76% |
| 1991 | $3,519,175,797,999.05 | 3.56% |
| 1992 | $3,567,841,829,442.59 | 1.38% |
| 1993 | $3,642,448,785,135.78 | 2.09% |
| 1994 | $3,727,131,967,603.62 | 2.32% |
| 1995 | $3,829,823,725,583.61 | 2.76% |
| 1996 | $3,954,383,039,542.64 | 3.25% |
| 1997 | $4,058,146,736,541.21 | 2.62% |
| 1998 | $4,144,330,633,635.06 | 2.12% |
| 1999 | $4,233,515,959,980.94 | 2.15% |
| 2000 | $4,331,276,798,475.46 | 2.31% |
| 2001 | $4,465,269,175,798.00 | 3.09% |
| 2002 | $4,547,379,704,621.25 | 1.84% |
| 2003 | $4,644,711,767,508.34 | 2.14% |
| 2004 | $4,801,429,252,024.77 | 3.37% |
| 2005 | $4,918,056,217,246.31 | 2.43% |
| 2006 | $5,033,396,855,645.55 | 2.35% |
| 2007 | $5,230,194,140,066.70 | 3.91% |
| 2008 | $5,511,273,701,762.74 | 5.37% |
| 2009 | $5,614,797,284,421.15 | 1.88% |
| 2010 | $5,659,426,393,520.72 | 0.79% |
| 2011 | $5,862,200,809,909.48 | 3.58% |
| 2012 | $6,011,515,483,563.60 | 2.55% |
| 2013 | $6,096,308,003,811.34 | 1.41% |
| 2014 | $6,237,360,171,510.24 | 2.31% |
| 2015 | $6,349,420,676,512.63 | 1.80% |
| 2016 | $6,371,245,354,930.92 | 0.34% |
| 2017 | $6,427,444,973,797.05 | 0.88% |
| 2018 | $6,517,725,821,819.91 | 1.40% |
| 2019 | $6,637,780,848,022.87 | 1.84% |
| 2020 | $6,859,329,204,383.04 | 3.34% |
| 2021 | $7,121,452,596,474.51 | 3.82% |
| 2022 | $7,803,345,164,363.98 | 9.58% |
| 2023 | $8,245,041,924,726.06 | 5.66% |
| 2024 | $8,429,537,636,969.99 | 2.24% |
| 2025 | $8,656,885,963,012.69 | 2.70% |
| 2026 | $8,717,616,960,457.36 | 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 |