According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $8,251,929.01 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 $950,000 in the year 1967 would cost $9,201,929.01 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 $950,000 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 | $950,000.00 | - |
| 1968 | $984,623.63 | 3.64% |
| 1969 | $1,033,504.05 | 4.96% |
| 1970 | $1,089,852.31 | 5.45% |
| 1971 | $1,123,344.45 | 3.07% |
| 1972 | $1,169,735.59 | 4.13% |
| 1973 | $1,325,202.48 | 13.29% |
| 1974 | $1,507,598.86 | 13.76% |
| 1975 | $1,634,778.47 | 8.44% |
| 1976 | $1,685,242.97 | 3.09% |
| 1977 | $1,785,719.39 | 5.96% |
| 1978 | $1,960,195.33 | 9.77% |
| 1979 | $2,170,200.10 | 10.71% |
| 1980 | $2,355,990.95 | 8.56% |
| 1981 | $2,539,066.22 | 7.77% |
| 1982 | $2,642,484.52 | 4.07% |
| 1983 | $2,701,322.06 | 2.23% |
| 1984 | $2,802,929.97 | 3.76% |
| 1985 | $2,868,330.16 | 2.33% |
| 1986 | $2,961,791.33 | 3.26% |
| 1987 | $3,082,408.29 | 4.07% |
| 1988 | $3,209,587.90 | 4.13% |
| 1989 | $3,391,531.68 | 5.67% |
| 1990 | $3,586,827.06 | 5.76% |
| 1991 | $3,714,685.56 | 3.56% |
| 1992 | $3,766,055.26 | 1.38% |
| 1993 | $3,844,807.05 | 2.09% |
| 1994 | $3,934,194.85 | 2.32% |
| 1995 | $4,042,591.71 | 2.76% |
| 1996 | $4,174,070.99 | 3.25% |
| 1997 | $4,283,599.33 | 2.62% |
| 1998 | $4,374,571.22 | 2.12% |
| 1999 | $4,468,711.29 | 2.15% |
| 2000 | $4,571,903.29 | 2.31% |
| 2001 | $4,713,339.69 | 3.09% |
| 2002 | $4,800,011.91 | 1.84% |
| 2003 | $4,902,751.31 | 2.14% |
| 2004 | $5,068,175.32 | 3.37% |
| 2005 | $5,191,281.56 | 2.43% |
| 2006 | $5,313,030.01 | 2.35% |
| 2007 | $5,520,760.48 | 3.91% |
| 2008 | $5,817,455.57 | 5.37% |
| 2009 | $5,926,730.47 | 1.88% |
| 2010 | $5,973,838.97 | 0.79% |
| 2011 | $6,187,878.63 | 3.58% |
| 2012 | $6,345,488.57 | 2.55% |
| 2013 | $6,434,991.78 | 1.41% |
| 2014 | $6,583,880.18 | 2.31% |
| 2015 | $6,702,166.27 | 1.80% |
| 2016 | $6,725,203.43 | 0.34% |
| 2017 | $6,784,525.25 | 0.88% |
| 2018 | $6,879,821.70 | 1.40% |
| 2019 | $7,006,546.45 | 1.84% |
| 2020 | $7,240,403.05 | 3.34% |
| 2021 | $7,517,088.85 | 3.82% |
| 2022 | $8,236,864.34 | 9.58% |
| 2023 | $8,703,099.81 | 5.66% |
| 2024 | $8,897,845.28 | 2.24% |
| 2025 | $9,137,824.07 | 2.70% |
| 2026 | $9,201,929.01 | 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 |