According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $4,169,395,712.24 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 $480,000,000 in the year 1967 would cost $4,649,395,712.24 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 $480,000,000 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 | $480,000,000.00 | - |
| 1968 | $497,494,044.78 | 3.64% |
| 1969 | $522,191,519.77 | 4.96% |
| 1970 | $550,662,220.10 | 5.45% |
| 1971 | $567,584,564.08 | 3.07% |
| 1972 | $591,024,297.28 | 4.13% |
| 1973 | $669,575,988.57 | 13.29% |
| 1974 | $761,734,159.12 | 13.76% |
| 1975 | $825,993,330.16 | 8.44% |
| 1976 | $851,491,186.28 | 3.09% |
| 1977 | $902,258,218.20 | 5.96% |
| 1978 | $990,414,483.09 | 9.77% |
| 1979 | $1,096,522,153.41 | 10.71% |
| 1980 | $1,190,395,426.39 | 8.56% |
| 1981 | $1,282,896,617.44 | 7.77% |
| 1982 | $1,335,150,071.46 | 4.07% |
| 1983 | $1,364,878,513.58 | 2.23% |
| 1984 | $1,416,217,246.31 | 3.76% |
| 1985 | $1,449,261,553.12 | 2.33% |
| 1986 | $1,496,484,040.02 | 3.26% |
| 1987 | $1,557,427,346.36 | 4.07% |
| 1988 | $1,621,686,517.39 | 4.13% |
| 1989 | $1,713,616,007.62 | 5.67% |
| 1990 | $1,812,291,567.41 | 5.76% |
| 1991 | $1,876,893,758.93 | 3.56% |
| 1992 | $1,902,848,975.70 | 1.38% |
| 1993 | $1,942,639,352.07 | 2.09% |
| 1994 | $1,987,803,716.06 | 2.32% |
| 1995 | $2,042,572,653.64 | 2.76% |
| 1996 | $2,109,004,287.76 | 3.25% |
| 1997 | $2,164,344,926.16 | 2.62% |
| 1998 | $2,210,309,671.27 | 2.12% |
| 1999 | $2,257,875,178.66 | 2.15% |
| 2000 | $2,310,014,292.52 | 2.31% |
| 2001 | $2,381,476,893.76 | 3.09% |
| 2002 | $2,425,269,175.80 | 1.84% |
| 2003 | $2,477,179,609.34 | 2.14% |
| 2004 | $2,560,762,267.75 | 3.37% |
| 2005 | $2,622,963,315.86 | 2.43% |
| 2006 | $2,684,478,323.01 | 2.35% |
| 2007 | $2,789,436,874.70 | 3.91% |
| 2008 | $2,939,345,974.27 | 5.37% |
| 2009 | $2,994,558,551.69 | 1.88% |
| 2010 | $3,018,360,743.21 | 0.79% |
| 2011 | $3,126,507,098.62 | 3.58% |
| 2012 | $3,206,141,591.23 | 2.55% |
| 2013 | $3,251,364,268.70 | 1.41% |
| 2014 | $3,326,592,091.47 | 2.31% |
| 2015 | $3,386,357,694.14 | 1.80% |
| 2016 | $3,397,997,522.63 | 0.34% |
| 2017 | $3,427,970,652.69 | 0.88% |
| 2018 | $3,476,120,438.30 | 1.40% |
| 2019 | $3,540,149,785.61 | 1.84% |
| 2020 | $3,658,308,909.00 | 3.34% |
| 2021 | $3,798,108,051.45 | 3.82% |
| 2022 | $4,161,784,087.66 | 9.58% |
| 2023 | $4,397,355,693.19 | 5.66% |
| 2024 | $4,495,753,406.38 | 2.24% |
| 2025 | $4,617,005,846.94 | 2.70% |
| 2026 | $4,649,395,712.24 | 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 |