According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $65,146,808,003.81 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 $7,500,000,000 in the year 1967 would cost $72,646,808,003.81 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 $7,500,000,000 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 | $7,500,000,000.00 | - |
| 1968 | $7,773,344,449.74 | 3.64% |
| 1969 | $8,159,242,496.43 | 4.96% |
| 1970 | $8,604,097,189.14 | 5.45% |
| 1971 | $8,868,508,813.72 | 3.07% |
| 1972 | $9,234,754,645.07 | 4.13% |
| 1973 | $10,462,124,821.34 | 13.29% |
| 1974 | $11,902,096,236.30 | 13.76% |
| 1975 | $12,906,145,783.71 | 8.44% |
| 1976 | $13,304,549,785.61 | 3.09% |
| 1977 | $14,097,784,659.36 | 5.96% |
| 1978 | $15,475,226,298.24 | 9.77% |
| 1979 | $17,133,158,646.97 | 10.71% |
| 1980 | $18,599,928,537.40 | 8.56% |
| 1981 | $20,045,259,647.45 | 7.77% |
| 1982 | $20,861,719,866.60 | 4.07% |
| 1983 | $21,326,226,774.65 | 2.23% |
| 1984 | $22,128,394,473.56 | 3.76% |
| 1985 | $22,644,711,767.51 | 2.33% |
| 1986 | $23,382,563,125.30 | 3.26% |
| 1987 | $24,334,802,286.80 | 4.07% |
| 1988 | $25,338,851,834.21 | 4.13% |
| 1989 | $26,775,250,119.10 | 5.67% |
| 1990 | $28,317,055,740.83 | 5.76% |
| 1991 | $29,326,464,983.33 | 3.56% |
| 1992 | $29,732,015,245.35 | 1.38% |
| 1993 | $30,353,739,876.13 | 2.09% |
| 1994 | $31,059,433,063.36 | 2.32% |
| 1995 | $31,915,197,713.20 | 2.76% |
| 1996 | $32,953,191,996.19 | 3.25% |
| 1997 | $33,817,889,471.18 | 2.62% |
| 1998 | $34,536,088,613.63 | 2.12% |
| 1999 | $35,279,299,666.51 | 2.15% |
| 2000 | $36,093,973,320.63 | 2.31% |
| 2001 | $37,210,576,464.98 | 3.09% |
| 2002 | $37,894,830,871.84 | 1.84% |
| 2003 | $38,705,931,395.90 | 2.14% |
| 2004 | $40,011,910,433.54 | 3.37% |
| 2005 | $40,983,801,810.39 | 2.43% |
| 2006 | $41,944,973,797.05 | 2.35% |
| 2007 | $43,584,951,167.22 | 3.91% |
| 2008 | $45,927,280,848.02 | 5.37% |
| 2009 | $46,789,977,370.18 | 1.88% |
| 2010 | $47,161,886,612.67 | 0.79% |
| 2011 | $48,851,673,415.91 | 3.58% |
| 2012 | $50,095,962,363.03 | 2.55% |
| 2013 | $50,802,566,698.43 | 1.41% |
| 2014 | $51,978,001,429.25 | 2.31% |
| 2015 | $52,911,838,970.94 | 1.80% |
| 2016 | $53,093,711,291.09 | 0.34% |
| 2017 | $53,562,041,448.31 | 0.88% |
| 2018 | $54,314,381,848.50 | 1.40% |
| 2019 | $55,314,840,400.19 | 1.84% |
| 2020 | $57,161,076,703.19 | 3.34% |
| 2021 | $59,345,438,303.95 | 3.82% |
| 2022 | $65,027,876,369.70 | 9.58% |
| 2023 | $68,708,682,706.05 | 5.66% |
| 2024 | $70,246,146,974.75 | 2.24% |
| 2025 | $72,140,716,358.44 | 2.70% |
| 2026 | $72,646,808,003.81 | 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 |