According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 877.88% higher in 2026 versus 1967 (a $2,993,580,352,548.83 difference in value).
Between 1967 and 2026:Food and beverages experienced an average inflation rate of 3.94% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $341,000,000,000 in the year 1967 would cost $3,334,580,352,548.83 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for food and beverages was higher.
Below are calculations of equivalent buying power for Food and beverages, over time, for $341,000,000,000 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 | $341,000,000,000.00 | - |
| 1968 | $353,428,060,981.42 | 3.64% |
| 1969 | $370,973,558,837.54 | 4.96% |
| 1970 | $391,199,618,866.13 | 5.45% |
| 1971 | $403,221,534,063.84 | 3.07% |
| 1972 | $419,873,511,195.81 | 4.13% |
| 1973 | $475,677,941,877.08 | 13.29% |
| 1974 | $541,148,642,210.58 | 13.76% |
| 1975 | $586,799,428,299.19 | 8.44% |
| 1976 | $604,913,530,252.50 | 3.09% |
| 1977 | $640,979,275,845.64 | 5.96% |
| 1978 | $703,606,955,693.19 | 9.77% |
| 1979 | $778,987,613,149.12 | 10.71% |
| 1980 | $845,676,750,833.73 | 8.56% |
| 1981 | $911,391,138,637.45 | 7.77% |
| 1982 | $948,512,863,268.22 | 4.07% |
| 1983 | $969,632,444,020.96 | 2.23% |
| 1984 | $1,006,104,335,397.81 | 3.76% |
| 1985 | $1,029,579,561,696.05 | 2.33% |
| 1986 | $1,063,127,203,430.21 | 3.26% |
| 1987 | $1,106,422,343,973.32 | 4.07% |
| 1988 | $1,152,073,130,061.93 | 4.13% |
| 1989 | $1,217,381,372,081.94 | 5.67% |
| 1990 | $1,287,482,134,349.69 | 5.76% |
| 1991 | $1,333,376,607,908.53 | 3.56% |
| 1992 | $1,351,815,626,488.80 | 1.38% |
| 1993 | $1,380,083,373,034.78 | 2.09% |
| 1994 | $1,412,168,889,947.59 | 2.32% |
| 1995 | $1,451,077,656,026.68 | 2.76% |
| 1996 | $1,498,271,796,093.38 | 3.25% |
| 1997 | $1,537,586,707,956.17 | 2.62% |
| 1998 | $1,570,240,828,966.17 | 2.12% |
| 1999 | $1,604,032,158,170.56 | 2.15% |
| 2000 | $1,641,072,653,644.59 | 2.31% |
| 2001 | $1,691,840,876,607.91 | 3.09% |
| 2002 | $1,722,951,643,639.83 | 1.84% |
| 2003 | $1,759,829,680,800.38 | 2.14% |
| 2004 | $1,819,208,194,378.28 | 3.37% |
| 2005 | $1,863,396,855,645.55 | 2.43% |
| 2006 | $1,907,098,141,972.37 | 2.35% |
| 2007 | $1,981,662,446,403.05 | 3.91% |
| 2008 | $2,088,160,369,223.44 | 5.37% |
| 2009 | $2,127,384,304,430.68 | 1.88% |
| 2010 | $2,144,293,777,989.52 | 0.79% |
| 2011 | $2,221,122,751,310.15 | 3.58% |
| 2012 | $2,277,696,422,105.76 | 2.55% |
| 2013 | $2,309,823,365,888.52 | 1.41% |
| 2014 | $2,363,266,464,983.33 | 2.31% |
| 2015 | $2,405,724,945,212.01 | 1.80% |
| 2016 | $2,413,994,073,368.27 | 0.34% |
| 2017 | $2,435,287,484,516.44 | 0.88% |
| 2018 | $2,469,493,894,711.77 | 1.40% |
| 2019 | $2,514,981,410,195.33 | 1.84% |
| 2020 | $2,598,923,620,771.80 | 3.34% |
| 2021 | $2,698,239,261,553.12 | 3.82% |
| 2022 | $2,956,600,778,942.35 | 9.58% |
| 2023 | $3,123,954,773,701.76 | 5.66% |
| 2024 | $3,193,858,149,118.63 | 2.24% |
| 2025 | $3,283,477,465,459.74 | 2.81% |
| 2026 | $3,334,580,352,548.83 | 1.56%* |
* 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 | 342.096 |