According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 882.29% higher in 2026 versus 1967 (a $5,708,397.16 difference in value).
Between 1967 and 2026:Food and beverages experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $647,000 in the year 1967 would cost $6,355,397.16 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.95% 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 $647,000 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 | $647,000.00 | - |
| 1968 | $670,580.51 | 3.64% |
| 1969 | $703,870.65 | 4.96% |
| 1970 | $742,246.78 | 5.45% |
| 1971 | $765,056.69 | 3.07% |
| 1972 | $796,651.50 | 4.13% |
| 1973 | $902,532.63 | 13.29% |
| 1974 | $1,026,754.17 | 13.76% |
| 1975 | $1,113,370.18 | 8.44% |
| 1976 | $1,147,739.16 | 3.09% |
| 1977 | $1,216,168.89 | 5.96% |
| 1978 | $1,334,996.19 | 9.77% |
| 1979 | $1,478,020.49 | 10.71% |
| 1980 | $1,604,553.84 | 8.56% |
| 1981 | $1,729,237.73 | 7.77% |
| 1982 | $1,799,671.03 | 4.07% |
| 1983 | $1,839,742.50 | 2.23% |
| 1984 | $1,908,942.83 | 3.76% |
| 1985 | $1,953,483.80 | 2.33% |
| 1986 | $2,017,135.78 | 3.26% |
| 1987 | $2,099,282.28 | 4.07% |
| 1988 | $2,185,898.28 | 4.13% |
| 1989 | $2,309,811.58 | 5.67% |
| 1990 | $2,442,818.01 | 5.76% |
| 1991 | $2,529,896.38 | 3.56% |
| 1992 | $2,564,881.85 | 1.38% |
| 1993 | $2,618,515.96 | 2.09% |
| 1994 | $2,679,393.76 | 2.32% |
| 1995 | $2,753,217.72 | 2.76% |
| 1996 | $2,842,762.03 | 3.25% |
| 1997 | $2,917,356.60 | 2.62% |
| 1998 | $2,979,313.24 | 2.12% |
| 1999 | $3,043,427.58 | 2.15% |
| 2000 | $3,113,706.77 | 2.31% |
| 2001 | $3,210,032.40 | 3.09% |
| 2002 | $3,269,060.74 | 1.84% |
| 2003 | $3,339,031.68 | 2.14% |
| 2004 | $3,451,694.14 | 3.37% |
| 2005 | $3,535,535.97 | 2.43% |
| 2006 | $3,618,453.07 | 2.35% |
| 2007 | $3,759,928.45 | 3.91% |
| 2008 | $3,961,993.43 | 5.37% |
| 2009 | $4,036,415.38 | 1.88% |
| 2010 | $4,068,498.75 | 0.79% |
| 2011 | $4,214,271.03 | 3.58% |
| 2012 | $4,321,611.69 | 2.55% |
| 2013 | $4,382,568.09 | 1.41% |
| 2014 | $4,483,968.92 | 2.31% |
| 2015 | $4,564,527.98 | 1.80% |
| 2016 | $4,580,217.49 | 0.34% |
| 2017 | $4,620,618.78 | 0.88% |
| 2018 | $4,685,520.67 | 1.40% |
| 2019 | $4,771,826.90 | 1.84% |
| 2020 | $4,931,095.55 | 3.34% |
| 2021 | $5,119,533.14 | 3.82% |
| 2022 | $5,609,738.13 | 9.58% |
| 2023 | $5,927,269.03 | 5.66% |
| 2024 | $6,059,900.95 | 2.24% |
| 2025 | $6,229,941.11 | 2.81% |
| 2026 | $6,355,397.16 | 2.01%* |
* 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 | 343.637 |