According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 877.88% higher in 2026 versus 1967 (a $116,758,412,577.42 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 $13,300,000,000 in the year 1967 would cost $130,058,412,577.42 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 $13,300,000,000 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 | $13,300,000,000.00 | - |
| 1968 | $13,784,730,824.20 | 3.64% |
| 1969 | $14,469,056,693.66 | 4.96% |
| 1970 | $15,257,932,348.74 | 5.45% |
| 1971 | $15,726,822,296.33 | 3.07% |
| 1972 | $16,376,298,237.26 | 4.13% |
| 1973 | $18,552,834,683.18 | 13.29% |
| 1974 | $21,106,383,992.38 | 13.76% |
| 1975 | $22,886,898,523.11 | 8.44% |
| 1976 | $23,593,401,619.82 | 3.09% |
| 1977 | $25,000,071,462.60 | 5.96% |
| 1978 | $27,442,734,635.54 | 9.77% |
| 1979 | $30,382,801,333.97 | 10.71% |
| 1980 | $32,983,873,272.99 | 8.56% |
| 1981 | $35,546,927,108.15 | 7.77% |
| 1982 | $36,994,783,230.11 | 4.07% |
| 1983 | $37,818,508,813.72 | 2.23% |
| 1984 | $39,241,019,533.11 | 3.76% |
| 1985 | $40,156,622,201.05 | 2.33% |
| 1986 | $41,465,078,608.86 | 3.26% |
| 1987 | $43,153,716,055.26 | 4.07% |
| 1988 | $44,934,230,585.99 | 4.13% |
| 1989 | $47,481,443,544.55 | 5.67% |
| 1990 | $50,215,578,847.07 | 5.76% |
| 1991 | $52,005,597,903.76 | 3.56% |
| 1992 | $52,724,773,701.76 | 1.38% |
| 1993 | $53,827,298,713.67 | 2.09% |
| 1994 | $55,078,727,965.70 | 2.32% |
| 1995 | $56,596,283,944.74 | 2.76% |
| 1996 | $58,436,993,806.57 | 3.25% |
| 1997 | $59,970,390,662.22 | 2.62% |
| 1998 | $61,243,997,141.50 | 2.12% |
| 1999 | $62,561,958,075.27 | 2.15% |
| 2000 | $64,006,646,021.92 | 2.31% |
| 2001 | $65,986,755,597.90 | 3.09% |
| 2002 | $67,200,166,746.07 | 1.84% |
| 2003 | $68,638,518,342.07 | 2.14% |
| 2004 | $70,954,454,502.14 | 3.37% |
| 2005 | $72,677,941,877.08 | 2.43% |
| 2006 | $74,382,420,200.10 | 2.35% |
| 2007 | $77,290,646,736.54 | 3.91% |
| 2008 | $81,444,378,037.16 | 5.37% |
| 2009 | $82,974,226,536.45 | 1.88% |
| 2010 | $83,633,745,593.14 | 0.79% |
| 2011 | $86,630,300,857.55 | 3.58% |
| 2012 | $88,836,839,923.77 | 2.55% |
| 2013 | $90,089,884,945.21 | 1.41% |
| 2014 | $92,174,322,534.54 | 2.31% |
| 2015 | $93,830,327,775.13 | 1.80% |
| 2016 | $94,152,848,022.87 | 0.34% |
| 2017 | $94,983,353,501.67 | 0.88% |
| 2018 | $96,317,503,811.34 | 1.40% |
| 2019 | $98,091,650,309.67 | 1.84% |
| 2020 | $101,365,642,686.99 | 3.34% |
| 2021 | $105,239,243,925.68 | 3.82% |
| 2022 | $115,316,100,762.27 | 9.58% |
| 2023 | $121,843,397,332.06 | 5.66% |
| 2024 | $124,569,833,968.56 | 2.24% |
| 2025 | $128,065,250,119.10 | 2.81% |
| 2026 | $130,058,412,577.42 | 1.56%* |
* 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 | 342.096 |