According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $395,901,381,610.29 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 $45,000,000,000 in the year 1967 would cost $440,901,381,610.29 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 $45,000,000,000 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 | $45,000,000,000.00 | - |
| 1968 | $46,640,066,698.43 | 3.64% |
| 1969 | $48,955,454,978.56 | 4.96% |
| 1970 | $51,624,583,134.83 | 5.45% |
| 1971 | $53,211,052,882.32 | 3.07% |
| 1972 | $55,408,527,870.41 | 4.13% |
| 1973 | $62,772,748,928.06 | 13.29% |
| 1974 | $71,412,577,417.82 | 13.76% |
| 1975 | $77,436,874,702.24 | 8.44% |
| 1976 | $79,827,298,713.67 | 3.09% |
| 1977 | $84,586,707,956.17 | 5.96% |
| 1978 | $92,851,357,789.42 | 9.77% |
| 1979 | $102,798,951,881.85 | 10.71% |
| 1980 | $111,599,571,224.39 | 8.56% |
| 1981 | $120,271,557,884.71 | 7.77% |
| 1982 | $125,170,319,199.62 | 4.07% |
| 1983 | $127,957,360,647.93 | 2.23% |
| 1984 | $132,770,366,841.35 | 3.76% |
| 1985 | $135,868,270,605.05 | 2.33% |
| 1986 | $140,295,378,751.79 | 3.26% |
| 1987 | $146,008,813,720.82 | 4.07% |
| 1988 | $152,033,111,005.24 | 4.13% |
| 1989 | $160,651,500,714.63 | 5.67% |
| 1990 | $169,902,334,444.97 | 5.76% |
| 1991 | $175,958,789,899.95 | 3.56% |
| 1992 | $178,392,091,472.13 | 1.38% |
| 1993 | $182,122,439,256.79 | 2.09% |
| 1994 | $186,356,598,380.18 | 2.32% |
| 1995 | $191,491,186,279.18 | 2.76% |
| 1996 | $197,719,151,977.13 | 3.25% |
| 1997 | $202,907,336,827.06 | 2.62% |
| 1998 | $207,216,531,681.75 | 2.12% |
| 1999 | $211,675,797,999.05 | 2.15% |
| 2000 | $216,563,839,923.77 | 2.31% |
| 2001 | $223,263,458,789.90 | 3.09% |
| 2002 | $227,368,985,231.06 | 1.84% |
| 2003 | $232,235,588,375.42 | 2.14% |
| 2004 | $240,071,462,601.24 | 3.37% |
| 2005 | $245,902,810,862.32 | 2.43% |
| 2006 | $251,669,842,782.28 | 2.35% |
| 2007 | $261,509,707,003.33 | 3.91% |
| 2008 | $275,563,685,088.14 | 5.37% |
| 2009 | $280,739,864,221.06 | 1.88% |
| 2010 | $282,971,319,676.04 | 0.79% |
| 2011 | $293,110,040,495.47 | 3.58% |
| 2012 | $300,575,774,178.18 | 2.55% |
| 2013 | $304,815,400,190.57 | 1.41% |
| 2014 | $311,868,008,575.51 | 2.31% |
| 2015 | $317,471,033,825.63 | 1.80% |
| 2016 | $318,562,267,746.55 | 0.34% |
| 2017 | $321,372,248,689.85 | 0.88% |
| 2018 | $325,886,291,091.00 | 1.40% |
| 2019 | $331,889,042,401.14 | 1.84% |
| 2020 | $342,966,460,219.15 | 3.34% |
| 2021 | $356,072,629,823.73 | 3.82% |
| 2022 | $390,167,258,218.20 | 9.58% |
| 2023 | $412,252,096,236.30 | 5.66% |
| 2024 | $421,476,881,848.50 | 2.24% |
| 2025 | $433,303,477,846.59 | 2.81% |
| 2026 | $440,901,381,610.29 | 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 |