According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $32,551,891,376.85 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 $3,700,000,000 in the year 1967 would cost $36,251,891,376.85 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 $3,700,000,000 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 | $3,700,000,000.00 | - |
| 1968 | $3,834,849,928.54 | 3.64% |
| 1969 | $4,025,226,298.24 | 4.96% |
| 1970 | $4,244,687,946.64 | 5.45% |
| 1971 | $4,375,131,014.77 | 3.07% |
| 1972 | $4,555,812,291.57 | 4.13% |
| 1973 | $5,161,314,911.86 | 13.29% |
| 1974 | $5,871,700,809.91 | 13.76% |
| 1975 | $6,367,031,919.96 | 8.44% |
| 1976 | $6,563,577,894.24 | 3.09% |
| 1977 | $6,954,907,098.62 | 5.96% |
| 1978 | $7,634,444,973.80 | 9.77% |
| 1979 | $8,452,358,265.84 | 10.71% |
| 1980 | $9,175,964,745.12 | 8.56% |
| 1981 | $9,888,994,759.41 | 7.77% |
| 1982 | $10,291,781,800.86 | 4.07% |
| 1983 | $10,520,938,542.16 | 2.23% |
| 1984 | $10,916,674,606.96 | 3.76% |
| 1985 | $11,171,391,138.64 | 2.33% |
| 1986 | $11,535,397,808.48 | 3.26% |
| 1987 | $12,005,169,128.16 | 4.07% |
| 1988 | $12,500,500,238.21 | 4.13% |
| 1989 | $13,209,123,392.09 | 5.67% |
| 1990 | $13,969,747,498.81 | 5.76% |
| 1991 | $14,467,722,725.11 | 3.56% |
| 1992 | $14,667,794,187.71 | 1.38% |
| 1993 | $14,974,511,672.22 | 2.09% |
| 1994 | $15,322,653,644.59 | 2.32% |
| 1995 | $15,744,830,871.84 | 2.76% |
| 1996 | $16,256,908,051.45 | 3.25% |
| 1997 | $16,683,492,139.11 | 2.62% |
| 1998 | $17,037,803,716.06 | 2.12% |
| 1999 | $17,404,454,502.14 | 2.15% |
| 2000 | $17,806,360,171.51 | 2.31% |
| 2001 | $18,357,217,722.73 | 3.09% |
| 2002 | $18,694,783,230.11 | 1.84% |
| 2003 | $19,094,926,155.31 | 2.14% |
| 2004 | $19,739,209,147.21 | 3.37% |
| 2005 | $20,218,675,559.79 | 2.43% |
| 2006 | $20,692,853,739.88 | 2.35% |
| 2007 | $21,501,909,242.50 | 3.91% |
| 2008 | $22,657,458,551.69 | 5.37% |
| 2009 | $23,083,055,502.62 | 1.88% |
| 2010 | $23,266,530,728.92 | 0.79% |
| 2011 | $24,100,158,885.18 | 3.58% |
| 2012 | $24,714,008,099.09 | 2.55% |
| 2013 | $25,062,599,571.22 | 1.41% |
| 2014 | $25,642,480,705.10 | 2.31% |
| 2015 | $26,103,173,892.33 | 1.80% |
| 2016 | $26,192,897,570.27 | 0.34% |
| 2017 | $26,423,940,447.83 | 0.88% |
| 2018 | $26,795,095,045.26 | 1.40% |
| 2019 | $27,288,654,597.43 | 1.84% |
| 2020 | $28,199,464,506.91 | 3.34% |
| 2021 | $29,277,082,896.62 | 3.82% |
| 2022 | $32,080,419,009.05 | 9.58% |
| 2023 | $33,896,283,468.32 | 5.66% |
| 2024 | $34,654,765,840.88 | 2.24% |
| 2025 | $35,627,174,845.16 | 2.81% |
| 2026 | $36,251,891,376.85 | 1.75%* |
* 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 | 342.760 |