According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $295,332,196.28 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 $34,000,000 in the year 1967 would cost $329,332,196.28 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 $34,000,000 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 | $34,000,000.00 | - |
| 1968 | $35,239,161.51 | 3.64% |
| 1969 | $36,988,565.98 | 4.96% |
| 1970 | $39,005,240.59 | 5.45% |
| 1971 | $40,203,906.62 | 3.07% |
| 1972 | $41,864,221.06 | 4.13% |
| 1973 | $47,428,299.19 | 13.29% |
| 1974 | $53,956,169.60 | 13.76% |
| 1975 | $58,507,860.89 | 8.44% |
| 1976 | $60,313,959.03 | 3.09% |
| 1977 | $63,909,957.12 | 5.96% |
| 1978 | $70,154,359.22 | 9.77% |
| 1979 | $77,670,319.20 | 10.71% |
| 1980 | $84,319,676.04 | 8.56% |
| 1981 | $90,871,843.74 | 7.77% |
| 1982 | $94,573,130.06 | 4.07% |
| 1983 | $96,678,894.71 | 2.23% |
| 1984 | $100,315,388.28 | 3.76% |
| 1985 | $102,656,026.68 | 2.33% |
| 1986 | $106,000,952.83 | 3.26% |
| 1987 | $110,317,770.37 | 4.07% |
| 1988 | $114,869,461.65 | 4.13% |
| 1989 | $121,381,133.87 | 5.67% |
| 1990 | $128,370,652.69 | 5.76% |
| 1991 | $132,946,641.26 | 3.56% |
| 1992 | $134,785,135.78 | 1.38% |
| 1993 | $137,603,620.77 | 2.09% |
| 1994 | $140,802,763.22 | 2.32% |
| 1995 | $144,682,229.63 | 2.76% |
| 1996 | $149,387,803.72 | 3.25% |
| 1997 | $153,307,765.60 | 2.62% |
| 1998 | $156,563,601.72 | 2.12% |
| 1999 | $159,932,825.15 | 2.15% |
| 2000 | $163,626,012.39 | 2.31% |
| 2001 | $168,687,946.64 | 3.09% |
| 2002 | $171,789,899.95 | 1.84% |
| 2003 | $175,466,888.99 | 2.14% |
| 2004 | $181,387,327.30 | 3.37% |
| 2005 | $185,793,234.87 | 2.43% |
| 2006 | $190,150,547.88 | 2.35% |
| 2007 | $197,585,111.96 | 3.91% |
| 2008 | $208,203,673.18 | 5.37% |
| 2009 | $212,114,564.08 | 1.88% |
| 2010 | $213,800,552.64 | 0.79% |
| 2011 | $221,460,919.49 | 3.58% |
| 2012 | $227,101,696.05 | 2.55% |
| 2013 | $230,304,969.03 | 1.41% |
| 2014 | $235,633,606.48 | 2.31% |
| 2015 | $239,867,003.33 | 1.80% |
| 2016 | $240,691,491.19 | 0.34% |
| 2017 | $242,814,587.90 | 0.88% |
| 2018 | $246,225,197.71 | 1.40% |
| 2019 | $250,760,609.81 | 1.84% |
| 2020 | $259,130,214.39 | 3.34% |
| 2021 | $269,032,653.64 | 3.82% |
| 2022 | $294,793,039.54 | 9.58% |
| 2023 | $311,479,361.60 | 5.66% |
| 2024 | $318,449,199.62 | 2.24% |
| 2025 | $327,037,914.16 | 2.70% |
| 2026 | $329,332,196.28 | 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 |