According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $1,038,874,431.63 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 $119,600,000 in the year 1967 would cost $1,158,474,431.63 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 $119,600,000 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 | $119,600,000.00 | - |
| 1968 | $123,958,932.83 | 3.64% |
| 1969 | $130,112,720.34 | 4.96% |
| 1970 | $137,206,669.84 | 5.45% |
| 1971 | $141,423,153.88 | 3.07% |
| 1972 | $147,263,554.07 | 4.13% |
| 1973 | $166,836,017.15 | 13.29% |
| 1974 | $189,798,761.31 | 13.76% |
| 1975 | $205,810,004.76 | 8.44% |
| 1976 | $212,163,220.58 | 3.09% |
| 1977 | $224,812,672.70 | 5.96% |
| 1978 | $246,778,275.37 | 9.77% |
| 1979 | $273,216,769.89 | 10.71% |
| 1980 | $296,606,860.41 | 8.56% |
| 1981 | $319,655,073.84 | 7.77% |
| 1982 | $332,674,892.81 | 4.07% |
| 1983 | $340,082,229.63 | 2.23% |
| 1984 | $352,874,130.54 | 3.76% |
| 1985 | $361,107,670.32 | 2.33% |
| 1986 | $372,873,939.97 | 3.26% |
| 1987 | $388,058,980.47 | 4.07% |
| 1988 | $404,070,223.92 | 4.13% |
| 1989 | $426,975,988.57 | 5.67% |
| 1990 | $451,562,648.88 | 5.76% |
| 1991 | $467,659,361.60 | 3.56% |
| 1992 | $474,126,536.45 | 1.38% |
| 1993 | $484,040,971.89 | 2.09% |
| 1994 | $495,294,425.92 | 2.32% |
| 1995 | $508,941,019.53 | 2.76% |
| 1996 | $525,493,568.37 | 3.25% |
| 1997 | $539,282,610.77 | 2.62% |
| 1998 | $550,735,493.09 | 2.12% |
| 1999 | $562,587,232.02 | 2.15% |
| 2000 | $575,578,561.22 | 2.31% |
| 2001 | $593,384,659.36 | 3.09% |
| 2002 | $604,296,236.30 | 1.84% |
| 2003 | $617,230,585.99 | 2.14% |
| 2004 | $638,056,598.38 | 3.37% |
| 2005 | $653,555,026.20 | 2.43% |
| 2006 | $668,882,515.48 | 2.35% |
| 2007 | $695,034,687.95 | 3.91% |
| 2008 | $732,387,038.59 | 5.37% |
| 2009 | $746,144,172.46 | 1.88% |
| 2010 | $752,074,885.18 | 0.79% |
| 2011 | $779,021,352.07 | 3.58% |
| 2012 | $798,863,613.15 | 2.55% |
| 2013 | $810,131,596.95 | 1.41% |
| 2014 | $828,875,862.79 | 2.31% |
| 2015 | $843,767,458.79 | 1.80% |
| 2016 | $846,667,716.06 | 0.34% |
| 2017 | $854,136,020.96 | 0.88% |
| 2018 | $866,133,342.54 | 1.40% |
| 2019 | $882,087,321.58 | 1.84% |
| 2020 | $911,528,636.49 | 3.34% |
| 2021 | $946,361,922.82 | 3.82% |
| 2022 | $1,036,977,868.51 | 9.58% |
| 2023 | $1,095,674,460.22 | 5.66% |
| 2024 | $1,120,191,890.42 | 2.24% |
| 2025 | $1,150,403,956.86 | 2.70% |
| 2026 | $1,158,474,431.63 | 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 |