According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 880.67% higher in 2026 versus 1967 (a $26,464,071.51 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 $3,005,000 in the year 1967 would cost $29,469,071.51 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.95% 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 $3,005,000 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 | $3,005,000.00 | - |
| 1968 | $3,114,520.01 | 3.64% |
| 1969 | $3,269,136.49 | 4.96% |
| 1970 | $3,447,374.94 | 5.45% |
| 1971 | $3,553,315.86 | 3.07% |
| 1972 | $3,700,058.36 | 4.13% |
| 1973 | $4,191,824.68 | 13.29% |
| 1974 | $4,768,773.23 | 13.76% |
| 1975 | $5,171,062.41 | 8.44% |
| 1976 | $5,330,689.61 | 3.09% |
| 1977 | $5,648,512.39 | 5.96% |
| 1978 | $6,200,407.34 | 9.77% |
| 1979 | $6,864,685.56 | 10.71% |
| 1980 | $7,452,371.37 | 8.56% |
| 1981 | $8,031,467.37 | 7.77% |
| 1982 | $8,358,595.76 | 4.07% |
| 1983 | $8,544,708.19 | 2.23% |
| 1984 | $8,866,110.05 | 3.76% |
| 1985 | $9,072,981.18 | 2.33% |
| 1986 | $9,368,613.63 | 3.26% |
| 1987 | $9,750,144.12 | 4.07% |
| 1988 | $10,152,433.30 | 4.13% |
| 1989 | $10,727,950.21 | 5.67% |
| 1990 | $11,345,700.33 | 5.76% |
| 1991 | $11,750,136.97 | 3.56% |
| 1992 | $11,912,627.44 | 1.38% |
| 1993 | $12,161,731.78 | 2.09% |
| 1994 | $12,444,479.51 | 2.32% |
| 1995 | $12,787,355.88 | 2.76% |
| 1996 | $13,203,245.59 | 3.25% |
| 1997 | $13,549,701.05 | 2.62% |
| 1998 | $13,837,459.50 | 2.12% |
| 1999 | $14,135,239.40 | 2.15% |
| 2000 | $14,461,651.98 | 2.31% |
| 2001 | $14,909,037.64 | 3.09% |
| 2002 | $15,183,195.57 | 1.84% |
| 2003 | $15,508,176.51 | 2.14% |
| 2004 | $16,031,438.78 | 3.37% |
| 2005 | $16,420,843.26 | 2.43% |
| 2006 | $16,805,952.83 | 2.35% |
| 2007 | $17,463,037.10 | 3.91% |
| 2008 | $18,401,530.53 | 5.37% |
| 2009 | $18,747,184.27 | 1.88% |
| 2010 | $18,896,195.90 | 0.79% |
| 2011 | $19,573,237.15 | 3.58% |
| 2012 | $20,071,782.25 | 2.55% |
| 2013 | $20,354,895.06 | 1.41% |
| 2014 | $20,825,852.57 | 2.31% |
| 2015 | $21,200,010.15 | 1.80% |
| 2016 | $21,272,880.32 | 0.34% |
| 2017 | $21,460,524.61 | 0.88% |
| 2018 | $21,761,962.33 | 1.40% |
| 2019 | $22,162,812.72 | 1.84% |
| 2020 | $22,902,538.07 | 3.34% |
| 2021 | $23,777,738.95 | 3.82% |
| 2022 | $26,054,502.47 | 9.58% |
| 2023 | $27,529,278.87 | 5.66% |
| 2024 | $28,145,289.55 | 2.24% |
| 2025 | $28,935,043.35 | 2.81% |
| 2026 | $29,469,071.51 | 1.85%* |
* 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 | 343.070 |