According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $114,283,532,158.17 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 $12,990,000,000 in the year 1967 would cost $127,273,532,158.17 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 $12,990,000,000 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 | $12,990,000,000.00 | - |
| 1968 | $13,463,432,586.95 | 3.64% |
| 1969 | $14,131,808,003.81 | 4.96% |
| 1970 | $14,902,296,331.59 | 5.45% |
| 1971 | $15,360,257,265.36 | 3.07% |
| 1972 | $15,994,595,045.26 | 4.13% |
| 1973 | $18,120,400,190.57 | 13.29% |
| 1974 | $20,614,430,681.28 | 13.76% |
| 1975 | $22,353,444,497.38 | 8.44% |
| 1976 | $23,043,480,228.68 | 3.09% |
| 1977 | $24,417,363,030.01 | 5.96% |
| 1978 | $26,803,091,948.55 | 9.77% |
| 1979 | $29,674,630,776.56 | 10.71% |
| 1980 | $32,215,076,226.77 | 8.56% |
| 1981 | $34,718,389,709.39 | 7.77% |
| 1982 | $36,132,498,808.96 | 4.07% |
| 1983 | $36,937,024,773.70 | 2.23% |
| 1984 | $38,326,379,228.20 | 3.76% |
| 1985 | $39,220,640,781.32 | 2.33% |
| 1986 | $40,498,599,333.02 | 3.26% |
| 1987 | $42,147,877,560.74 | 4.07% |
| 1988 | $43,886,891,376.85 | 4.13% |
| 1989 | $46,374,733,206.29 | 5.67% |
| 1990 | $49,045,140,543.12 | 5.76% |
| 1991 | $50,793,437,351.12 | 3.56% |
| 1992 | $51,495,850,404.95 | 1.38% |
| 1993 | $52,572,677,465.46 | 2.09% |
| 1994 | $53,794,938,065.75 | 2.32% |
| 1995 | $55,277,122,439.26 | 2.76% |
| 1996 | $57,074,928,537.40 | 3.25% |
| 1997 | $58,572,584,564.08 | 2.62% |
| 1998 | $59,816,505,478.80 | 2.12% |
| 1999 | $61,103,747,022.39 | 2.15% |
| 2000 | $62,514,761,791.33 | 2.31% |
| 2001 | $64,448,718,437.35 | 3.09% |
| 2002 | $65,633,847,070.03 | 1.84% |
| 2003 | $67,038,673,177.70 | 2.14% |
| 2004 | $69,300,628,870.89 | 3.37% |
| 2005 | $70,983,944,735.59 | 2.43% |
| 2006 | $72,648,694,616.48 | 2.35% |
| 2007 | $75,489,135,421.63 | 3.91% |
| 2008 | $79,546,050,428.78 | 5.37% |
| 2009 | $81,040,240,805.15 | 1.88% |
| 2010 | $81,684,387,613.15 | 0.79% |
| 2011 | $84,611,098,356.36 | 3.58% |
| 2012 | $86,766,206,812.77 | 2.55% |
| 2013 | $87,990,045,521.68 | 1.41% |
| 2014 | $90,025,898,475.46 | 2.31% |
| 2015 | $91,643,305,097.67 | 1.80% |
| 2016 | $91,958,307,956.17 | 0.34% |
| 2017 | $92,769,455,788.47 | 0.88% |
| 2018 | $94,072,509,361.60 | 1.40% |
| 2019 | $95,805,303,573.13 | 1.84% |
| 2020 | $99,002,984,849.93 | 3.34% |
| 2021 | $102,786,299,142.45 | 3.82% |
| 2022 | $112,628,281,872.32 | 9.58% |
| 2023 | $119,003,438,446.88 | 5.66% |
| 2024 | $121,666,326,560.27 | 2.24% |
| 2025 | $125,080,270,605.05 | 2.81% |
| 2026 | $127,273,532,158.17 | 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 |