According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $1,302,075,655,073.84 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 $148,000,000,000 in the year 1967 would cost $1,450,075,655,073.84 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 $148,000,000,000 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 | $148,000,000,000.00 | - |
| 1968 | $153,393,997,141.50 | 3.64% |
| 1969 | $161,009,051,929.49 | 4.96% |
| 1970 | $169,787,517,865.65 | 5.45% |
| 1971 | $175,005,240,590.76 | 3.07% |
| 1972 | $182,232,491,662.70 | 4.13% |
| 1973 | $206,452,596,474.51 | 13.29% |
| 1974 | $234,868,032,396.38 | 13.76% |
| 1975 | $254,681,276,798.48 | 8.44% |
| 1976 | $262,543,115,769.41 | 3.09% |
| 1977 | $278,196,283,944.74 | 5.96% |
| 1978 | $305,377,798,951.88 | 9.77% |
| 1979 | $338,094,330,633.64 | 10.71% |
| 1980 | $367,038,589,804.67 | 8.56% |
| 1981 | $395,559,790,376.37 | 7.77% |
| 1982 | $411,671,272,034.30 | 4.07% |
| 1983 | $420,837,541,686.52 | 2.23% |
| 1984 | $436,666,984,278.23 | 3.76% |
| 1985 | $446,855,645,545.50 | 2.33% |
| 1986 | $461,415,912,339.21 | 3.26% |
| 1987 | $480,206,765,126.25 | 4.07% |
| 1988 | $500,020,009,528.35 | 4.13% |
| 1989 | $528,364,935,683.66 | 5.67% |
| 1990 | $558,789,899,952.36 | 5.76% |
| 1991 | $578,708,909,004.29 | 3.56% |
| 1992 | $586,711,767,508.34 | 1.38% |
| 1993 | $598,980,466,888.99 | 2.09% |
| 1994 | $612,906,145,783.71 | 2.32% |
| 1995 | $629,793,234,873.75 | 2.76% |
| 1996 | $650,276,322,058.12 | 3.25% |
| 1997 | $667,339,685,564.55 | 2.62% |
| 1998 | $681,512,148,642.21 | 2.12% |
| 1999 | $696,178,180,085.76 | 2.15% |
| 2000 | $712,254,406,860.41 | 2.31% |
| 2001 | $734,288,708,909.00 | 3.09% |
| 2002 | $747,791,329,204.38 | 1.84% |
| 2003 | $763,797,046,212.48 | 2.14% |
| 2004 | $789,568,365,888.52 | 3.37% |
| 2005 | $808,747,022,391.62 | 2.43% |
| 2006 | $827,714,149,595.05 | 2.35% |
| 2007 | $860,076,369,699.86 | 3.91% |
| 2008 | $906,298,342,067.65 | 5.37% |
| 2009 | $923,322,220,104.81 | 1.88% |
| 2010 | $930,661,229,156.74 | 0.79% |
| 2011 | $964,006,355,407.34 | 3.58% |
| 2012 | $988,560,323,963.79 | 2.55% |
| 2013 | $1,002,503,982,848.98 | 1.41% |
| 2014 | $1,025,699,228,203.91 | 2.31% |
| 2015 | $1,044,126,955,693.19 | 1.80% |
| 2016 | $1,047,715,902,810.86 | 0.34% |
| 2017 | $1,056,957,617,913.29 | 0.88% |
| 2018 | $1,071,803,801,810.39 | 1.40% |
| 2019 | $1,091,546,183,897.09 | 1.84% |
| 2020 | $1,127,978,580,276.32 | 3.34% |
| 2021 | $1,171,083,315,864.70 | 3.82% |
| 2022 | $1,283,216,760,362.08 | 9.58% |
| 2023 | $1,355,851,338,732.73 | 5.66% |
| 2024 | $1,386,190,633,635.06 | 2.24% |
| 2025 | $1,425,086,993,806.57 | 2.81% |
| 2026 | $1,450,075,655,073.84 | 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 |