According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $11,292,113.39 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 $1,300,000 in the year 1967 would cost $12,592,113.39 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 $1,300,000 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 | $1,300,000.00 | - |
| 1968 | $1,347,379.70 | 3.64% |
| 1969 | $1,414,268.70 | 4.96% |
| 1970 | $1,491,376.85 | 5.45% |
| 1971 | $1,537,208.19 | 3.07% |
| 1972 | $1,600,690.81 | 4.13% |
| 1973 | $1,813,434.97 | 13.29% |
| 1974 | $2,063,030.01 | 13.76% |
| 1975 | $2,237,065.27 | 8.44% |
| 1976 | $2,306,121.96 | 3.09% |
| 1977 | $2,443,616.01 | 5.96% |
| 1978 | $2,682,372.56 | 9.77% |
| 1979 | $2,969,747.50 | 10.71% |
| 1980 | $3,223,987.61 | 8.56% |
| 1981 | $3,474,511.67 | 7.77% |
| 1982 | $3,616,031.44 | 4.07% |
| 1983 | $3,696,545.97 | 2.23% |
| 1984 | $3,835,588.38 | 3.76% |
| 1985 | $3,925,083.37 | 2.33% |
| 1986 | $4,052,977.61 | 3.26% |
| 1987 | $4,218,032.40 | 4.07% |
| 1988 | $4,392,067.65 | 4.13% |
| 1989 | $4,641,043.35 | 5.67% |
| 1990 | $4,908,289.66 | 5.76% |
| 1991 | $5,083,253.93 | 3.56% |
| 1992 | $5,153,549.31 | 1.38% |
| 1993 | $5,261,314.91 | 2.09% |
| 1994 | $5,383,635.06 | 2.32% |
| 1995 | $5,531,967.60 | 2.76% |
| 1996 | $5,711,886.61 | 3.25% |
| 1997 | $5,861,767.51 | 2.62% |
| 1998 | $5,986,255.36 | 2.12% |
| 1999 | $6,115,078.61 | 2.15% |
| 2000 | $6,256,288.71 | 2.31% |
| 2001 | $6,449,833.25 | 3.09% |
| 2002 | $6,568,437.35 | 1.84% |
| 2003 | $6,709,028.11 | 2.14% |
| 2004 | $6,935,397.81 | 3.37% |
| 2005 | $7,103,858.98 | 2.43% |
| 2006 | $7,270,462.12 | 2.35% |
| 2007 | $7,554,724.87 | 3.91% |
| 2008 | $7,960,728.68 | 5.37% |
| 2009 | $8,110,262.74 | 1.88% |
| 2010 | $8,174,727.01 | 0.79% |
| 2011 | $8,467,623.39 | 3.58% |
| 2012 | $8,683,300.14 | 2.55% |
| 2013 | $8,805,778.23 | 1.41% |
| 2014 | $9,009,520.25 | 2.31% |
| 2015 | $9,171,385.42 | 1.80% |
| 2016 | $9,202,909.96 | 0.34% |
| 2017 | $9,284,087.18 | 0.88% |
| 2018 | $9,414,492.85 | 1.40% |
| 2019 | $9,587,905.67 | 1.84% |
| 2020 | $9,907,919.96 | 3.34% |
| 2021 | $10,286,542.64 | 3.82% |
| 2022 | $11,271,498.57 | 9.58% |
| 2023 | $11,909,505.00 | 5.66% |
| 2024 | $12,175,998.81 | 2.24% |
| 2025 | $12,504,390.84 | 2.70% |
| 2026 | $12,592,113.39 | 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 |