According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $13,897,985.71 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 $1,600,000 in the year 1967 would cost $15,497,985.71 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 $1,600,000 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 | $1,600,000.00 | - |
| 1968 | $1,658,313.48 | 3.64% |
| 1969 | $1,740,638.40 | 4.96% |
| 1970 | $1,835,540.73 | 5.45% |
| 1971 | $1,891,948.55 | 3.07% |
| 1972 | $1,970,080.99 | 4.13% |
| 1973 | $2,231,919.96 | 13.29% |
| 1974 | $2,539,113.86 | 13.76% |
| 1975 | $2,753,311.10 | 8.44% |
| 1976 | $2,838,303.95 | 3.09% |
| 1977 | $3,007,527.39 | 5.96% |
| 1978 | $3,301,381.61 | 9.77% |
| 1979 | $3,655,073.84 | 10.71% |
| 1980 | $3,967,984.75 | 8.56% |
| 1981 | $4,276,322.06 | 7.77% |
| 1982 | $4,450,500.24 | 4.07% |
| 1983 | $4,549,595.05 | 2.23% |
| 1984 | $4,720,724.15 | 3.76% |
| 1985 | $4,830,871.84 | 2.33% |
| 1986 | $4,988,280.13 | 3.26% |
| 1987 | $5,191,424.49 | 4.07% |
| 1988 | $5,405,621.72 | 4.13% |
| 1989 | $5,712,053.36 | 5.67% |
| 1990 | $6,040,971.89 | 5.76% |
| 1991 | $6,256,312.53 | 3.56% |
| 1992 | $6,342,829.92 | 1.38% |
| 1993 | $6,475,464.51 | 2.09% |
| 1994 | $6,626,012.39 | 2.32% |
| 1995 | $6,808,575.51 | 2.76% |
| 1996 | $7,030,014.29 | 3.25% |
| 1997 | $7,214,483.09 | 2.62% |
| 1998 | $7,367,698.90 | 2.12% |
| 1999 | $7,526,250.60 | 2.15% |
| 2000 | $7,700,047.64 | 2.31% |
| 2001 | $7,938,256.31 | 3.09% |
| 2002 | $8,084,230.59 | 1.84% |
| 2003 | $8,257,265.36 | 2.14% |
| 2004 | $8,535,874.23 | 3.37% |
| 2005 | $8,743,211.05 | 2.43% |
| 2006 | $8,948,261.08 | 2.35% |
| 2007 | $9,298,122.92 | 3.91% |
| 2008 | $9,797,819.91 | 5.37% |
| 2009 | $9,981,861.84 | 1.88% |
| 2010 | $10,061,202.48 | 0.79% |
| 2011 | $10,421,690.33 | 3.58% |
| 2012 | $10,687,138.64 | 2.55% |
| 2013 | $10,837,880.90 | 1.41% |
| 2014 | $11,088,640.30 | 2.31% |
| 2015 | $11,287,858.98 | 1.80% |
| 2016 | $11,326,658.41 | 0.34% |
| 2017 | $11,426,568.84 | 0.88% |
| 2018 | $11,587,068.13 | 1.40% |
| 2019 | $11,800,499.29 | 1.84% |
| 2020 | $12,194,363.03 | 3.34% |
| 2021 | $12,660,360.17 | 3.82% |
| 2022 | $13,872,613.63 | 9.58% |
| 2023 | $14,657,852.31 | 5.66% |
| 2024 | $14,985,844.69 | 2.24% |
| 2025 | $15,390,019.49 | 2.70% |
| 2026 | $15,497,985.71 | 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 |