According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $62,540,935.68 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 $7,200,000 in the year 1967 would cost $69,740,935.68 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 $7,200,000 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 | $7,200,000.00 | - |
| 1968 | $7,462,410.67 | 3.64% |
| 1969 | $7,832,872.80 | 4.96% |
| 1970 | $8,259,933.30 | 5.45% |
| 1971 | $8,513,768.46 | 3.07% |
| 1972 | $8,865,364.46 | 4.13% |
| 1973 | $10,043,639.83 | 13.29% |
| 1974 | $11,426,012.39 | 13.76% |
| 1975 | $12,389,899.95 | 8.44% |
| 1976 | $12,772,367.79 | 3.09% |
| 1977 | $13,533,873.27 | 5.96% |
| 1978 | $14,856,217.25 | 9.77% |
| 1979 | $16,447,832.30 | 10.71% |
| 1980 | $17,855,931.40 | 8.56% |
| 1981 | $19,243,449.26 | 7.77% |
| 1982 | $20,027,251.07 | 4.07% |
| 1983 | $20,473,177.70 | 2.23% |
| 1984 | $21,243,258.69 | 3.76% |
| 1985 | $21,738,923.30 | 2.33% |
| 1986 | $22,447,260.60 | 3.26% |
| 1987 | $23,361,410.20 | 4.07% |
| 1988 | $24,325,297.76 | 4.13% |
| 1989 | $25,704,240.11 | 5.67% |
| 1990 | $27,184,373.51 | 5.76% |
| 1991 | $28,153,406.38 | 3.56% |
| 1992 | $28,542,734.64 | 1.38% |
| 1993 | $29,139,590.28 | 2.09% |
| 1994 | $29,817,055.74 | 2.32% |
| 1995 | $30,638,589.80 | 2.76% |
| 1996 | $31,635,064.32 | 3.25% |
| 1997 | $32,465,173.89 | 2.62% |
| 1998 | $33,154,645.07 | 2.12% |
| 1999 | $33,868,127.68 | 2.15% |
| 2000 | $34,650,214.39 | 2.31% |
| 2001 | $35,722,153.41 | 3.09% |
| 2002 | $36,379,037.64 | 1.84% |
| 2003 | $37,157,694.14 | 2.14% |
| 2004 | $38,411,434.02 | 3.37% |
| 2005 | $39,344,449.74 | 2.43% |
| 2006 | $40,267,174.85 | 2.35% |
| 2007 | $41,841,553.12 | 3.91% |
| 2008 | $44,090,189.61 | 5.37% |
| 2009 | $44,918,378.28 | 1.88% |
| 2010 | $45,275,411.15 | 0.79% |
| 2011 | $46,897,606.48 | 3.58% |
| 2012 | $48,092,123.87 | 2.55% |
| 2013 | $48,770,464.03 | 1.41% |
| 2014 | $49,898,881.37 | 2.31% |
| 2015 | $50,795,365.41 | 1.80% |
| 2016 | $50,969,962.84 | 0.34% |
| 2017 | $51,419,559.79 | 0.88% |
| 2018 | $52,141,806.57 | 1.40% |
| 2019 | $53,102,246.78 | 1.84% |
| 2020 | $54,874,633.64 | 3.34% |
| 2021 | $56,971,620.77 | 3.82% |
| 2022 | $62,426,761.31 | 9.58% |
| 2023 | $65,960,335.40 | 5.66% |
| 2024 | $67,436,301.10 | 2.24% |
| 2025 | $69,255,087.70 | 2.70% |
| 2026 | $69,740,935.68 | 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 |