According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 885.71% higher in 2026 versus 1967 (a $18,954,224,542.30 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 $2,140,000,000 in the year 1967 would cost $21,094,224,542.30 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.97% 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 $2,140,000,000 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 | $2,140,000,000.00 | - |
| 1968 | $2,217,994,282.99 | 3.64% |
| 1969 | $2,328,103,858.98 | 4.96% |
| 1970 | $2,455,035,731.30 | 5.45% |
| 1971 | $2,530,481,181.52 | 3.07% |
| 1972 | $2,634,983,325.39 | 4.13% |
| 1973 | $2,985,192,949.02 | 13.29% |
| 1974 | $3,396,064,792.76 | 13.76% |
| 1975 | $3,682,553,596.95 | 8.44% |
| 1976 | $3,796,231,538.83 | 3.09% |
| 1977 | $4,022,567,889.47 | 5.96% |
| 1978 | $4,415,597,903.76 | 9.77% |
| 1979 | $4,888,661,267.27 | 10.71% |
| 1980 | $5,307,179,609.34 | 8.56% |
| 1981 | $5,719,580,752.74 | 7.77% |
| 1982 | $5,952,544,068.60 | 4.07% |
| 1983 | $6,085,083,373.03 | 2.23% |
| 1984 | $6,313,968,556.46 | 3.76% |
| 1985 | $6,461,291,091.00 | 2.33% |
| 1986 | $6,671,824,678.42 | 3.26% |
| 1987 | $6,943,530,252.50 | 4.07% |
| 1988 | $7,230,019,056.69 | 4.13% |
| 1989 | $7,639,871,367.32 | 5.67% |
| 1990 | $8,079,799,904.72 | 5.76% |
| 1991 | $8,367,818,008.58 | 3.56% |
| 1992 | $8,483,535,016.67 | 1.38% |
| 1993 | $8,660,933,777.99 | 2.09% |
| 1994 | $8,862,291,567.41 | 2.32% |
| 1995 | $9,106,469,747.50 | 2.76% |
| 1996 | $9,402,644,116.25 | 3.25% |
| 1997 | $9,649,371,129.11 | 2.62% |
| 1998 | $9,854,297,284.42 | 2.12% |
| 1999 | $10,066,360,171.51 | 2.15% |
| 2000 | $10,298,813,720.82 | 2.31% |
| 2001 | $10,617,417,818.01 | 3.09% |
| 2002 | $10,812,658,408.77 | 1.84% |
| 2003 | $11,044,092,424.96 | 2.14% |
| 2004 | $11,416,731,777.04 | 3.37% |
| 2005 | $11,694,044,783.23 | 2.43% |
| 2006 | $11,968,299,190.09 | 2.35% |
| 2007 | $12,436,239,399.71 | 3.91% |
| 2008 | $13,104,584,135.30 | 5.37% |
| 2009 | $13,350,740,209.62 | 1.88% |
| 2010 | $13,456,858,313.48 | 0.79% |
| 2011 | $13,939,010,814.67 | 3.58% |
| 2012 | $14,294,047,927.58 | 2.55% |
| 2013 | $14,495,665,697.95 | 1.41% |
| 2014 | $14,831,056,407.81 | 2.31% |
| 2015 | $15,097,511,386.37 | 1.80% |
| 2016 | $15,149,405,621.72 | 0.34% |
| 2017 | $15,283,035,826.58 | 0.88% |
| 2018 | $15,497,703,620.77 | 1.40% |
| 2019 | $15,783,167,794.19 | 1.84% |
| 2020 | $16,309,960,552.64 | 3.34% |
| 2021 | $16,933,231,729.39 | 3.82% |
| 2022 | $18,554,620,724.15 | 9.58% |
| 2023 | $19,604,877,465.46 | 5.66% |
| 2024 | $20,043,567,270.13 | 2.24% |
| 2025 | $20,605,987,613.15 | 2.81% |
| 2026 | $21,094,224,542.30 | 2.37%* |
* 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 | 344.835 |