According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $15,697,313,824.68 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 $1,784,230,000 in the year 1967 would cost $17,481,543,824.68 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 $1,784,230,000 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 | $1,784,230,000.00 | - |
| 1968 | $1,849,257,915.67 | 3.64% |
| 1969 | $1,941,062,031.92 | 4.96% |
| 1970 | $2,046,891,777.04 | 5.45% |
| 1971 | $2,109,794,597.43 | 3.07% |
| 1972 | $2,196,923,504.05 | 4.13% |
| 1973 | $2,488,911,596.00 | 13.29% |
| 1974 | $2,831,476,955.69 | 13.76% |
| 1975 | $3,070,337,665.56 | 8.44% |
| 1976 | $3,165,116,915.20 | 3.09% |
| 1977 | $3,353,825,376.37 | 5.96% |
| 1978 | $3,681,515,069.08 | 9.77% |
| 1979 | $4,075,932,753.69 | 10.71% |
| 1980 | $4,424,873,399.24 | 8.56% |
| 1981 | $4,768,713,816.10 | 7.77% |
| 1982 | $4,962,947,525.01 | 4.07% |
| 1983 | $5,073,452,479.75 | 2.23% |
| 1984 | $5,264,286,036.21 | 3.76% |
| 1985 | $5,387,116,543.59 | 2.33% |
| 1986 | $5,562,649,414.01 | 3.26% |
| 1987 | $5,789,184,571.22 | 4.07% |
| 1988 | $6,028,045,281.09 | 4.13% |
| 1989 | $6,369,760,602.67 | 5.67% |
| 1990 | $6,736,552,048.59 | 5.76% |
| 1991 | $6,976,687,815.63 | 3.56% |
| 1992 | $7,073,167,141.50 | 1.38% |
| 1993 | $7,221,073,773.23 | 2.09% |
| 1994 | $7,388,956,300.62 | 2.32% |
| 1995 | $7,592,540,428.78 | 2.76% |
| 1996 | $7,839,476,500.71 | 3.25% |
| 1997 | $8,045,185,724.15 | 2.62% |
| 1998 | $8,216,043,384.95 | 2.12% |
| 1999 | $8,392,851,312.53 | 2.15% |
| 2000 | $8,586,660,002.38 | 2.31% |
| 2001 | $8,852,296,912.82 | 3.09% |
| 2002 | $9,015,079,211.53 | 1.84% |
| 2003 | $9,208,037,863.27 | 2.14% |
| 2004 | $9,518,726,793.71 | 3.37% |
| 2005 | $9,749,937,160.55 | 2.43% |
| 2006 | $9,978,597,413.05 | 2.35% |
| 2007 | $10,368,743,656.15 | 3.91% |
| 2008 | $10,925,977,641.00 | 5.37% |
| 2009 | $11,131,210,843.09 | 1.88% |
| 2010 | $11,219,687,060.12 | 0.79% |
| 2011 | $11,621,682,834.52 | 3.58% |
| 2012 | $11,917,695,856.93 | 2.55% |
| 2013 | $12,085,795,144.04 | 1.41% |
| 2014 | $12,365,427,932.02 | 2.31% |
| 2015 | $12,587,585,392.95 | 1.80% |
| 2016 | $12,630,852,332.92 | 0.34% |
| 2017 | $12,742,266,828.44 | 0.88% |
| 2018 | $12,921,246,603.41 | 1.40% |
| 2019 | $13,159,253,024.96 | 1.84% |
| 2020 | $13,598,467,718.15 | 3.34% |
| 2021 | $14,118,121,518.01 | 3.82% |
| 2022 | $15,469,958,380.68 | 9.58% |
| 2023 | $16,345,612,392.62 | 5.66% |
| 2024 | $16,711,371,042.23 | 2.24% |
| 2025 | $17,180,290,317.29 | 2.81% |
| 2026 | $17,481,543,824.68 | 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 |