According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $3,184,806,669,842.78 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 $362,000,000,000 in the year 1967 would cost $3,546,806,669,842.78 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 $362,000,000,000 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 | $362,000,000,000.00 | - |
| 1968 | $375,193,425,440.69 | 3.64% |
| 1969 | $393,819,437,827.54 | 4.96% |
| 1970 | $415,291,090,995.71 | 5.45% |
| 1971 | $428,053,358,742.26 | 3.07% |
| 1972 | $445,730,824,202.00 | 4.13% |
| 1973 | $504,971,891,376.85 | 13.29% |
| 1974 | $574,474,511,672.23 | 13.76% |
| 1975 | $622,936,636,493.57 | 8.44% |
| 1976 | $642,166,269,652.22 | 3.09% |
| 1977 | $680,453,072,891.85 | 5.96% |
| 1978 | $746,937,589,328.25 | 9.77% |
| 1979 | $826,960,457,360.65 | 10.71% |
| 1980 | $897,756,550,738.45 | 8.56% |
| 1981 | $967,517,865,650.31 | 7.77% |
| 1982 | $1,006,925,678,894.71 | 4.07% |
| 1983 | $1,029,345,878,990.00 | 2.23% |
| 1984 | $1,068,063,839,923.77 | 3.76% |
| 1985 | $1,092,984,754,645.07 | 2.33% |
| 1986 | $1,128,598,380,181.04 | 3.26% |
| 1987 | $1,174,559,790,376.37 | 4.07% |
| 1988 | $1,223,021,915,197.71 | 4.13% |
| 1989 | $1,292,352,072,415.44 | 5.67% |
| 1990 | $1,366,769,890,424.01 | 5.76% |
| 1991 | $1,415,490,709,861.84 | 3.56% |
| 1992 | $1,435,065,269,175.80 | 1.38% |
| 1993 | $1,465,073,844,687.95 | 2.09% |
| 1994 | $1,499,135,302,525.01 | 2.32% |
| 1995 | $1,540,440,209,623.63 | 2.76% |
| 1996 | $1,590,540,733,682.71 | 3.25% |
| 1997 | $1,632,276,798,475.46 | 2.62% |
| 1998 | $1,666,941,877,084.33 | 2.12% |
| 1999 | $1,702,814,197,236.78 | 2.15% |
| 2000 | $1,742,135,778,942.35 | 2.31% |
| 2001 | $1,796,030,490,709.86 | 3.09% |
| 2002 | $1,829,057,170,080.99 | 1.84% |
| 2003 | $1,868,206,288,708.91 | 2.14% |
| 2004 | $1,931,241,543,592.19 | 3.37% |
| 2005 | $1,978,151,500,714.63 | 2.43% |
| 2006 | $2,024,544,068,604.10 | 2.35% |
| 2007 | $2,103,700,309,671.27 | 3.91% |
| 2008 | $2,216,756,755,597.90 | 5.37% |
| 2009 | $2,258,396,241,067.18 | 1.88% |
| 2010 | $2,276,347,060,505.00 | 0.79% |
| 2011 | $2,357,907,436,874.70 | 3.58% |
| 2012 | $2,417,965,116,722.25 | 2.55% |
| 2013 | $2,452,070,552,644.12 | 1.41% |
| 2014 | $2,508,804,868,985.23 | 2.31% |
| 2015 | $2,553,878,094,330.63 | 1.80% |
| 2016 | $2,562,656,464,983.33 | 0.34% |
| 2017 | $2,585,261,200,571.70 | 0.88% |
| 2018 | $2,621,574,163,887.57 | 1.40% |
| 2019 | $2,669,862,963,315.86 | 1.84% |
| 2020 | $2,758,974,635,540.73 | 3.34% |
| 2021 | $2,864,406,488,804.19 | 3.82% |
| 2022 | $3,138,678,832,777.51 | 9.58% |
| 2023 | $3,316,339,085,278.70 | 5.66% |
| 2024 | $3,390,547,360,647.93 | 2.24% |
| 2025 | $3,485,685,755,121.49 | 2.81% |
| 2026 | $3,546,806,669,842.78 | 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 |