According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $9,677,589,328,251.55 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 $1,100,000,000,000 in the year 1967 would cost $10,777,589,328,251.55 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 $1,100,000,000,000 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 | $1,100,000,000,000.00 | - |
| 1968 | $1,140,090,519,294.90 | 3.64% |
| 1969 | $1,196,688,899,475.94 | 4.96% |
| 1970 | $1,261,934,254,406.86 | 5.45% |
| 1971 | $1,300,714,626,012.39 | 3.07% |
| 1972 | $1,354,430,681,276.80 | 4.13% |
| 1973 | $1,534,444,973,797.05 | 13.29% |
| 1974 | $1,745,640,781,324.44 | 13.76% |
| 1975 | $1,892,901,381,610.29 | 8.44% |
| 1976 | $1,951,333,968,556.46 | 3.09% |
| 1977 | $2,067,675,083,373.04 | 5.96% |
| 1978 | $2,269,699,857,074.80 | 9.77% |
| 1979 | $2,512,863,268,222.96 | 10.71% |
| 1980 | $2,727,989,518,818.49 | 8.56% |
| 1981 | $2,939,971,414,959.50 | 7.77% |
| 1982 | $3,059,718,913,768.46 | 4.07% |
| 1983 | $3,127,846,593,616.01 | 2.23% |
| 1984 | $3,245,497,856,121.96 | 3.76% |
| 1985 | $3,321,224,392,567.89 | 2.33% |
| 1986 | $3,429,442,591,710.34 | 3.26% |
| 1987 | $3,569,104,335,397.81 | 4.07% |
| 1988 | $3,716,364,935,683.66 | 4.13% |
| 1989 | $3,927,036,684,135.30 | 5.67% |
| 1990 | $4,153,168,175,321.58 | 5.76% |
| 1991 | $4,301,214,864,221.06 | 3.56% |
| 1992 | $4,360,695,569,318.72 | 1.38% |
| 1993 | $4,451,881,848,499.29 | 2.09% |
| 1994 | $4,555,383,515,959.98 | 2.32% |
| 1995 | $4,680,895,664,602.19 | 2.76% |
| 1996 | $4,833,134,826,107.67 | 3.25% |
| 1997 | $4,959,957,122,439.26 | 2.62% |
| 1998 | $5,065,292,996,665.08 | 2.12% |
| 1999 | $5,174,297,284,421.15 | 2.15% |
| 2000 | $5,293,782,753,692.23 | 2.31% |
| 2001 | $5,457,551,214,864.22 | 3.09% |
| 2002 | $5,557,908,527,870.41 | 1.84% |
| 2003 | $5,676,869,938,065.75 | 2.14% |
| 2004 | $5,868,413,530,252.50 | 3.37% |
| 2005 | $6,010,957,598,856.60 | 2.43% |
| 2006 | $6,151,929,490,233.44 | 2.35% |
| 2007 | $6,392,459,504,525.96 | 3.91% |
| 2008 | $6,736,001,191,043.35 | 5.37% |
| 2009 | $6,862,530,014,292.52 | 1.88% |
| 2010 | $6,917,076,703,192.00 | 0.79% |
| 2011 | $7,164,912,101,000.48 | 3.58% |
| 2012 | $7,347,407,813,244.40 | 2.55% |
| 2013 | $7,451,043,115,769.41 | 1.41% |
| 2014 | $7,623,440,209,623.63 | 2.31% |
| 2015 | $7,760,403,049,070.99 | 1.80% |
| 2016 | $7,787,077,656,026.68 | 0.34% |
| 2017 | $7,855,766,079,085.28 | 0.88% |
| 2018 | $7,966,109,337,779.90 | 1.40% |
| 2019 | $8,112,843,258,694.62 | 1.84% |
| 2020 | $8,383,624,583,134.83 | 3.34% |
| 2021 | $8,703,997,617,913.29 | 3.82% |
| 2022 | $9,537,421,867,555.98 | 9.58% |
| 2023 | $10,077,273,463,554.07 | 5.66% |
| 2024 | $10,302,768,222,963.32 | 2.24% |
| 2025 | $10,591,862,791,805.62 | 2.81% |
| 2026 | $10,777,589,328,251.55 | 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 |