According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $77,583,474.08 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 $8,818,500 in the year 1967 would cost $86,401,974.08 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 $8,818,500 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 | $8,818,500.00 | - |
| 1968 | $9,139,898.40 | 3.64% |
| 1969 | $9,593,637.33 | 4.96% |
| 1970 | $10,116,697.47 | 5.45% |
| 1971 | $10,427,592.66 | 3.07% |
| 1972 | $10,858,224.51 | 4.13% |
| 1973 | $12,301,366.36 | 13.29% |
| 1974 | $13,994,484.75 | 13.76% |
| 1975 | $15,175,046.21 | 8.44% |
| 1976 | $15,643,489.64 | 3.09% |
| 1977 | $16,576,175.20 | 5.96% |
| 1978 | $18,195,771.08 | 9.77% |
| 1979 | $20,145,167.94 | 10.71% |
| 1980 | $21,869,795.97 | 8.56% |
| 1981 | $23,569,216.29 | 7.77% |
| 1982 | $24,529,210.22 | 4.07% |
| 1983 | $25,075,377.44 | 2.23% |
| 1984 | $26,018,566.22 | 3.76% |
| 1985 | $26,625,652.10 | 2.33% |
| 1986 | $27,493,217.72 | 3.26% |
| 1987 | $28,612,860.53 | 4.07% |
| 1988 | $29,793,421.99 | 4.13% |
| 1989 | $31,482,339.09 | 5.67% |
| 1990 | $33,295,194.14 | 5.76% |
| 1991 | $34,482,057.53 | 3.56% |
| 1992 | $34,958,903.53 | 1.38% |
| 1993 | $35,689,927.35 | 2.09% |
| 1994 | $36,519,681.40 | 2.32% |
| 1995 | $37,525,889.47 | 2.76% |
| 1996 | $38,746,363.15 | 3.25% |
| 1997 | $39,763,074.44 | 2.62% |
| 1998 | $40,607,532.99 | 2.12% |
| 1999 | $41,481,400.55 | 2.15% |
| 2000 | $42,439,293.83 | 2.31% |
| 2001 | $43,752,195.81 | 3.09% |
| 2002 | $44,556,742.14 | 1.84% |
| 2003 | $45,510,434.14 | 2.14% |
| 2004 | $47,046,004.29 | 3.37% |
| 2005 | $48,188,754.17 | 2.43% |
| 2006 | $49,318,900.19 | 2.35% |
| 2007 | $51,247,185.58 | 3.91% |
| 2008 | $54,001,296.82 | 5.37% |
| 2009 | $55,015,655.39 | 1.88% |
| 2010 | $55,452,946.28 | 0.79% |
| 2011 | $57,439,797.60 | 3.58% |
| 2012 | $58,902,832.55 | 2.55% |
| 2013 | $59,733,657.92 | 1.41% |
| 2014 | $61,115,734.08 | 2.31% |
| 2015 | $62,213,740.26 | 1.80% |
| 2016 | $62,427,585.74 | 0.34% |
| 2017 | $62,978,248.33 | 0.88% |
| 2018 | $63,862,850.18 | 1.40% |
| 2019 | $65,039,189.34 | 1.84% |
| 2020 | $67,209,993.99 | 3.34% |
| 2021 | $69,778,366.36 | 3.82% |
| 2022 | $76,459,777.04 | 9.58% |
| 2023 | $80,787,669.13 | 5.66% |
| 2024 | $82,595,419.61 | 2.24% |
| 2025 | $84,913,038.21 | 2.81% |
| 2026 | $86,401,974.08 | 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 |