According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $73,725,635,064.32 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 $8,380,000,000 in the year 1967 would cost $82,105,635,064.32 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 $8,380,000,000 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 | $8,380,000,000.00 | - |
| 1968 | $8,685,416,865.17 | 3.64% |
| 1969 | $9,116,593,616.01 | 4.96% |
| 1970 | $9,613,644,592.66 | 5.45% |
| 1971 | $9,909,080,514.53 | 3.07% |
| 1972 | $10,318,299,190.09 | 4.13% |
| 1973 | $11,689,680,800.38 | 13.29% |
| 1974 | $13,298,608,861.36 | 13.76% |
| 1975 | $14,420,466,888.99 | 8.44% |
| 1976 | $14,865,616,960.46 | 3.09% |
| 1977 | $15,751,924,726.06 | 5.96% |
| 1978 | $17,290,986,183.90 | 9.77% |
| 1979 | $19,143,449,261.55 | 10.71% |
| 1980 | $20,782,320,152.45 | 8.56% |
| 1981 | $22,397,236,779.42 | 7.77% |
| 1982 | $23,309,494,997.62 | 4.07% |
| 1983 | $23,828,504,049.55 | 2.23% |
| 1984 | $24,724,792,758.46 | 3.76% |
| 1985 | $25,301,691,281.56 | 2.33% |
| 1986 | $26,126,117,198.67 | 3.26% |
| 1987 | $27,190,085,755.12 | 4.07% |
| 1988 | $28,311,943,782.75 | 4.13% |
| 1989 | $29,916,879,466.41 | 5.67% |
| 1990 | $31,639,590,281.09 | 5.76% |
| 1991 | $32,767,436,874.70 | 3.56% |
| 1992 | $33,220,571,700.81 | 1.38% |
| 1993 | $33,915,245,354.93 | 2.09% |
| 1994 | $34,703,739,876.13 | 2.32% |
| 1995 | $35,659,914,244.88 | 2.76% |
| 1996 | $36,819,699,857.07 | 3.25% |
| 1997 | $37,785,855,169.13 | 2.62% |
| 1998 | $38,588,323,010.96 | 2.12% |
| 1999 | $39,418,737,494.04 | 2.15% |
| 2000 | $40,328,999,523.58 | 2.31% |
| 2001 | $41,576,617,436.87 | 3.09% |
| 2002 | $42,341,157,694.14 | 1.84% |
| 2003 | $43,247,427,346.36 | 2.14% |
| 2004 | $44,706,641,257.74 | 3.37% |
| 2005 | $45,792,567,889.47 | 2.43% |
| 2006 | $46,866,517,389.23 | 2.35% |
| 2007 | $48,698,918,770.84 | 3.91% |
| 2008 | $51,316,081,800.86 | 5.37% |
| 2009 | $52,280,001,381.61 | 1.88% |
| 2010 | $52,695,547,975.23 | 0.79% |
| 2011 | $54,583,603,096.71 | 3.58% |
| 2012 | $55,973,888,613.63 | 2.55% |
| 2013 | $56,763,401,191.04 | 1.41% |
| 2014 | $58,076,753,596.95 | 2.31% |
| 2015 | $59,120,161,410.20 | 1.80% |
| 2016 | $59,323,373,415.91 | 0.34% |
| 2017 | $59,846,654,311.58 | 0.88% |
| 2018 | $60,687,269,318.72 | 1.40% |
| 2019 | $61,805,115,007.15 | 1.84% |
| 2020 | $63,867,976,369.70 | 3.34% |
| 2021 | $66,308,636,398.28 | 3.82% |
| 2022 | $72,657,813,863.74 | 9.58% |
| 2023 | $76,770,501,476.89 | 5.66% |
| 2024 | $78,488,361,553.12 | 2.24% |
| 2025 | $80,690,736,541.21 | 2.81% |
| 2026 | $82,105,635,064.32 | 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 |