According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 877.88% higher in 2026 versus 1967 (a $2,270,926,433,378.12 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 $258,682,187,409 in the year 1967 would cost $2,529,608,620,787.12 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 $258,682,187,409 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 | $258,682,187,409.00 | - |
| 1968 | $268,110,099,432.24 | 3.64% |
| 1969 | $281,420,092,876.82 | 4.96% |
| 1970 | $296,763,557,542.10 | 5.45% |
| 1971 | $305,883,367,865.24 | 3.07% |
| 1972 | $318,515,537,569.59 | 4.13% |
| 1973 | $360,848,711,164.15 | 13.29% |
| 1974 | $410,514,705,221.24 | 13.76% |
| 1975 | $445,145,336,313.15 | 8.44% |
| 1976 | $458,886,672,137.88 | 3.09% |
| 1977 | $486,246,103,107.29 | 5.96% |
| 1978 | $533,755,385,263.64 | 9.77% |
| 1979 | $590,939,060,803.31 | 10.71% |
| 1980 | $641,529,359,960.72 | 8.56% |
| 1981 | $691,380,215,037.87 | 7.77% |
| 1982 | $719,540,710,427.56 | 4.07% |
| 1983 | $735,561,998,833.07 | 2.23% |
| 1984 | $763,229,531,502.59 | 3.76% |
| 1985 | $781,037,809,768.72 | 2.33% |
| 1986 | $806,487,010,197.47 | 3.26% |
| 1987 | $839,330,651,428.77 | 4.07% |
| 1988 | $873,961,282,520.69 | 4.13% |
| 1989 | $923,504,035,897.73 | 5.67% |
| 1990 | $976,682,389,336.03 | 5.76% |
| 1991 | $1,011,497,881,448.01 | 3.56% |
| 1992 | $1,025,485,698,632.82 | 1.38% |
| 1993 | $1,046,929,576,960.20 | 2.09% |
| 1994 | $1,071,269,611,268.57 | 2.32% |
| 1995 | $1,100,785,754,138.73 | 2.76% |
| 1996 | $1,136,587,171,691.04 | 3.25% |
| 1997 | $1,166,411,416,261.31 | 2.62% |
| 1998 | $1,191,182,792,949.83 | 2.12% |
| 1999 | $1,216,816,854,398.65 | 2.15% |
| 2000 | $1,244,915,729,448.32 | 2.31% |
| 2001 | $1,283,428,441,961.57 | 3.09% |
| 2002 | $1,307,029,032,189.69 | 1.84% |
| 2003 | $1,335,004,666,559.31 | 2.14% |
| 2004 | $1,380,049,135,114.81 | 3.37% |
| 2005 | $1,413,570,600,086.34 | 2.43% |
| 2006 | $1,446,722,343,017.75 | 2.35% |
| 2007 | $1,503,286,734,140.21 | 3.91% |
| 2008 | $1,584,075,929,535.20 | 5.37% |
| 2009 | $1,613,831,159,324.64 | 1.88% |
| 2010 | $1,626,658,665,506.85 | 0.79% |
| 2011 | $1,684,941,031,709.11 | 3.58% |
| 2012 | $1,727,857,749,923.67 | 2.55% |
| 2013 | $1,752,229,210,605.46 | 1.41% |
| 2014 | $1,792,771,080,915.61 | 2.31% |
| 2015 | $1,824,980,032,644.69 | 1.80% |
| 2016 | $1,831,252,983,258.85 | 0.34% |
| 2017 | $1,847,406,139,192.00 | 0.88% |
| 2018 | $1,873,355,080,578.33 | 1.40% |
| 2019 | $1,907,861,854,786.80 | 1.84% |
| 2020 | $1,971,540,314,164.71 | 3.34% |
| 2021 | $2,046,881,039,095.03 | 3.82% |
| 2022 | $2,242,873,773,583.46 | 9.58% |
| 2023 | $2,369,828,311,518.94 | 5.66% |
| 2024 | $2,422,856,927,530.99 | 2.24% |
| 2025 | $2,490,842,032,472.98 | 2.81% |
| 2026 | $2,529,608,620,787.12 | 1.56%* |
* 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 | 342.096 |