According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 877.88% higher in 2026 versus 1967 (a $351,153,120,533.59 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 $40,000,000,000 in the year 1967 would cost $391,153,120,533.59 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 $40,000,000,000 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 | $40,000,000,000.00 | - |
| 1968 | $41,457,837,065.27 | 3.64% |
| 1969 | $43,515,959,980.94 | 4.96% |
| 1970 | $45,888,518,342.07 | 5.45% |
| 1971 | $47,298,713,673.18 | 3.07% |
| 1972 | $49,252,024,773.70 | 4.13% |
| 1973 | $55,797,999,047.17 | 13.29% |
| 1974 | $63,477,846,593.62 | 13.76% |
| 1975 | $68,832,777,513.10 | 8.44% |
| 1976 | $70,957,598,856.60 | 3.09% |
| 1977 | $75,188,184,849.93 | 5.96% |
| 1978 | $82,534,540,257.27 | 9.77% |
| 1979 | $91,376,846,117.20 | 10.71% |
| 1980 | $99,199,618,866.13 | 8.56% |
| 1981 | $106,908,051,453.07 | 7.77% |
| 1982 | $111,262,505,955.22 | 4.07% |
| 1983 | $113,739,876,131.49 | 2.23% |
| 1984 | $118,018,103,858.98 | 3.76% |
| 1985 | $120,771,796,093.38 | 2.33% |
| 1986 | $124,707,003,334.92 | 3.26% |
| 1987 | $129,785,612,196.28 | 4.07% |
| 1988 | $135,140,543,115.77 | 4.13% |
| 1989 | $142,801,333,968.56 | 5.67% |
| 1990 | $151,024,297,284.42 | 5.76% |
| 1991 | $156,407,813,244.40 | 3.56% |
| 1992 | $158,570,747,975.23 | 1.38% |
| 1993 | $161,886,612,672.70 | 2.09% |
| 1994 | $165,650,309,671.27 | 2.32% |
| 1995 | $170,214,387,803.72 | 2.76% |
| 1996 | $175,750,357,313.01 | 3.25% |
| 1997 | $180,362,077,179.61 | 2.62% |
| 1998 | $184,192,472,606.00 | 2.12% |
| 1999 | $188,156,264,888.04 | 2.15% |
| 2000 | $192,501,191,043.35 | 2.31% |
| 2001 | $198,456,407,813.24 | 3.09% |
| 2002 | $202,105,764,649.83 | 1.84% |
| 2003 | $206,431,634,111.48 | 2.14% |
| 2004 | $213,396,855,645.55 | 3.37% |
| 2005 | $218,580,276,322.06 | 2.43% |
| 2006 | $223,706,526,917.58 | 2.35% |
| 2007 | $232,453,072,891.85 | 3.91% |
| 2008 | $244,945,497,856.12 | 5.37% |
| 2009 | $249,546,545,974.27 | 1.88% |
| 2010 | $251,530,061,934.25 | 0.79% |
| 2011 | $260,542,258,218.20 | 3.58% |
| 2012 | $267,178,465,936.16 | 2.55% |
| 2013 | $270,947,022,391.62 | 1.41% |
| 2014 | $277,216,007,622.68 | 2.31% |
| 2015 | $282,196,474,511.67 | 1.80% |
| 2016 | $283,166,460,219.15 | 0.34% |
| 2017 | $285,664,221,057.65 | 0.88% |
| 2018 | $289,676,703,192.00 | 1.40% |
| 2019 | $295,012,482,134.35 | 1.84% |
| 2020 | $304,859,075,750.36 | 3.34% |
| 2021 | $316,509,004,287.76 | 3.82% |
| 2022 | $346,815,340,638.40 | 9.58% |
| 2023 | $366,446,307,765.60 | 5.66% |
| 2024 | $374,646,117,198.67 | 2.24% |
| 2025 | $385,158,646,974.75 | 2.81% |
| 2026 | $391,153,120,533.59 | 1.56%* |
* 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 | 342.096 |