According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $23,279,126,060.03 difference in value).
Between 1967 and 2026: Food and beverages experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $2,680,000,000 in the year 1967 would cost $25,959,126,060.03 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $2,680,000,000 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 | $2,680,000,000.00 | - |
| 1968 | $2,777,675,083.37 | 3.64% |
| 1969 | $2,915,569,318.72 | 4.96% |
| 1970 | $3,074,530,728.92 | 5.45% |
| 1971 | $3,169,013,816.10 | 3.07% |
| 1972 | $3,299,885,659.84 | 4.13% |
| 1973 | $3,738,465,936.16 | 13.29% |
| 1974 | $4,253,015,721.77 | 13.76% |
| 1975 | $4,611,796,093.38 | 8.44% |
| 1976 | $4,754,159,123.39 | 3.09% |
| 1977 | $5,037,608,384.95 | 5.96% |
| 1978 | $5,529,814,197.24 | 9.77% |
| 1979 | $6,122,248,689.85 | 10.71% |
| 1980 | $6,646,374,464.03 | 8.56% |
| 1981 | $7,162,839,447.36 | 7.77% |
| 1982 | $7,454,587,899.00 | 4.07% |
| 1983 | $7,620,571,700.81 | 2.23% |
| 1984 | $7,907,212,958.55 | 3.76% |
| 1985 | $8,091,710,338.26 | 2.33% |
| 1986 | $8,355,369,223.44 | 3.26% |
| 1987 | $8,695,636,017.15 | 4.07% |
| 1988 | $9,054,416,388.76 | 4.13% |
| 1989 | $9,567,689,375.89 | 5.67% |
| 1990 | $10,118,627,918.06 | 5.76% |
| 1991 | $10,479,323,487.37 | 3.56% |
| 1992 | $10,624,240,114.34 | 1.38% |
| 1993 | $10,846,403,049.07 | 2.09% |
| 1994 | $11,098,570,747.98 | 2.32% |
| 1995 | $11,404,363,982.85 | 2.76% |
| 1996 | $11,775,273,939.97 | 3.25% |
| 1997 | $12,084,259,171.03 | 2.62% |
| 1998 | $12,340,895,664.60 | 2.12% |
| 1999 | $12,606,469,747.50 | 2.15% |
| 2000 | $12,897,579,799.90 | 2.31% |
| 2001 | $13,296,579,323.49 | 3.09% |
| 2002 | $13,541,086,231.54 | 1.84% |
| 2003 | $13,830,919,485.47 | 2.14% |
| 2004 | $14,297,589,328.25 | 3.37% |
| 2005 | $14,644,878,513.58 | 2.43% |
| 2006 | $14,988,337,303.48 | 2.35% |
| 2007 | $15,574,355,883.75 | 3.91% |
| 2008 | $16,411,348,356.36 | 5.37% |
| 2009 | $16,719,618,580.28 | 1.88% |
| 2010 | $16,852,514,149.60 | 0.79% |
| 2011 | $17,456,331,300.62 | 3.58% |
| 2012 | $17,900,957,217.72 | 2.55% |
| 2013 | $18,153,450,500.24 | 1.41% |
| 2014 | $18,573,472,510.72 | 2.31% |
| 2015 | $18,907,163,792.28 | 1.80% |
| 2016 | $18,972,152,834.68 | 0.34% |
| 2017 | $19,139,502,810.86 | 0.88% |
| 2018 | $19,408,339,113.86 | 1.40% |
| 2019 | $19,765,836,303.00 | 1.84% |
| 2020 | $20,425,558,075.27 | 3.34% |
| 2021 | $21,206,103,287.28 | 3.82% |
| 2022 | $23,236,627,822.77 | 9.58% |
| 2023 | $24,551,902,620.30 | 5.66% |
| 2024 | $25,101,289,852.31 | 2.24% |
| 2025 | $25,778,282,645.42 | 2.70% |
| 2026 | $25,959,126,060.03 | 0.70%* |
* 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 | 336.496 | 338.857 |