According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $1,002,950,166,746.07 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 $114,000,000,000 in the year 1967 would cost $1,116,950,166,746.07 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 $114,000,000,000 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 | $114,000,000,000.00 | - |
| 1968 | $118,154,835,636.02 | 3.64% |
| 1969 | $124,020,485,945.69 | 4.96% |
| 1970 | $130,782,277,274.89 | 5.45% |
| 1971 | $134,801,333,968.56 | 3.07% |
| 1972 | $140,368,270,605.05 | 4.13% |
| 1973 | $159,024,297,284.42 | 13.29% |
| 1974 | $180,911,862,791.81 | 13.76% |
| 1975 | $196,173,415,912.34 | 8.44% |
| 1976 | $202,229,156,741.31 | 3.09% |
| 1977 | $214,286,326,822.30 | 5.96% |
| 1978 | $235,223,439,733.21 | 9.77% |
| 1979 | $260,424,011,434.02 | 10.71% |
| 1980 | $282,718,913,768.46 | 8.56% |
| 1981 | $304,687,946,641.26 | 7.77% |
| 1982 | $317,098,141,972.37 | 4.07% |
| 1983 | $324,158,646,974.75 | 2.23% |
| 1984 | $336,351,595,998.09 | 3.76% |
| 1985 | $344,199,618,866.13 | 2.33% |
| 1986 | $355,414,959,504.53 | 3.26% |
| 1987 | $369,888,994,759.41 | 4.07% |
| 1988 | $385,150,547,879.94 | 4.13% |
| 1989 | $406,983,801,810.39 | 5.67% |
| 1990 | $430,419,247,260.60 | 5.76% |
| 1991 | $445,762,267,746.55 | 3.56% |
| 1992 | $451,926,631,729.39 | 1.38% |
| 1993 | $461,376,846,117.20 | 2.09% |
| 1994 | $472,103,382,563.13 | 2.32% |
| 1995 | $485,111,005,240.59 | 2.76% |
| 1996 | $500,888,518,342.07 | 3.25% |
| 1997 | $514,031,919,961.89 | 2.62% |
| 1998 | $524,948,546,927.11 | 2.12% |
| 1999 | $536,245,354,930.92 | 2.15% |
| 2000 | $548,628,394,473.56 | 2.31% |
| 2001 | $565,600,762,267.75 | 3.09% |
| 2002 | $576,001,429,252.02 | 1.84% |
| 2003 | $588,330,157,217.72 | 2.14% |
| 2004 | $608,181,038,589.80 | 3.37% |
| 2005 | $622,953,787,517.87 | 2.43% |
| 2006 | $637,563,601,715.10 | 2.35% |
| 2007 | $662,491,257,741.78 | 3.91% |
| 2008 | $698,094,668,889.95 | 5.37% |
| 2009 | $711,207,656,026.68 | 1.88% |
| 2010 | $716,860,676,512.63 | 0.79% |
| 2011 | $742,545,435,921.87 | 3.58% |
| 2012 | $761,458,627,918.06 | 2.55% |
| 2013 | $772,199,013,816.10 | 1.41% |
| 2014 | $790,065,621,724.63 | 2.31% |
| 2015 | $804,259,952,358.27 | 1.80% |
| 2016 | $807,024,411,624.58 | 0.34% |
| 2017 | $814,143,030,014.29 | 0.88% |
| 2018 | $825,578,604,097.19 | 1.40% |
| 2019 | $840,785,574,082.90 | 1.84% |
| 2020 | $868,848,365,888.52 | 3.34% |
| 2021 | $902,050,662,220.10 | 3.82% |
| 2022 | $988,423,720,819.44 | 9.58% |
| 2023 | $1,044,371,977,131.97 | 5.66% |
| 2024 | $1,067,741,434,016.20 | 2.24% |
| 2025 | $1,097,702,143,878.04 | 2.81% |
| 2026 | $1,116,950,166,746.07 | 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 |