According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 877.88% higher in 2026 versus 1967 (a $366,077,128,156.26 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 $41,700,000,000 in the year 1967 would cost $407,777,128,156.26 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 $41,700,000,000 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 | $41,700,000,000.00 | - |
| 1968 | $43,219,795,140.54 | 3.64% |
| 1969 | $45,365,388,280.13 | 4.96% |
| 1970 | $47,838,780,371.61 | 5.45% |
| 1971 | $49,308,909,004.29 | 3.07% |
| 1972 | $51,345,235,826.58 | 4.13% |
| 1973 | $58,169,414,006.67 | 13.29% |
| 1974 | $66,175,655,073.84 | 13.76% |
| 1975 | $71,758,170,557.41 | 8.44% |
| 1976 | $73,973,296,808.00 | 3.09% |
| 1977 | $78,383,682,706.05 | 5.96% |
| 1978 | $86,042,258,218.20 | 9.77% |
| 1979 | $95,260,362,077.18 | 10.71% |
| 1980 | $103,415,602,667.94 | 8.56% |
| 1981 | $111,451,643,639.83 | 7.77% |
| 1982 | $115,991,162,458.31 | 4.07% |
| 1983 | $118,573,820,867.08 | 2.23% |
| 1984 | $123,033,873,272.99 | 3.76% |
| 1985 | $125,904,597,427.35 | 2.33% |
| 1986 | $130,007,050,976.66 | 3.26% |
| 1987 | $135,301,500,714.63 | 4.07% |
| 1988 | $140,884,016,198.19 | 4.13% |
| 1989 | $148,870,390,662.22 | 5.67% |
| 1990 | $157,442,829,919.01 | 5.76% |
| 1991 | $163,055,145,307.29 | 3.56% |
| 1992 | $165,310,004,764.17 | 1.38% |
| 1993 | $168,766,793,711.29 | 2.09% |
| 1994 | $172,690,447,832.30 | 2.32% |
| 1995 | $177,448,499,285.37 | 2.76% |
| 1996 | $183,219,747,498.81 | 3.25% |
| 1997 | $188,027,465,459.74 | 2.62% |
| 1998 | $192,020,652,691.76 | 2.12% |
| 1999 | $196,152,906,145.78 | 2.15% |
| 2000 | $200,682,491,662.70 | 2.31% |
| 2001 | $206,890,805,145.31 | 3.09% |
| 2002 | $210,695,259,647.45 | 1.84% |
| 2003 | $215,204,978,561.22 | 2.14% |
| 2004 | $222,466,222,010.48 | 3.37% |
| 2005 | $227,869,938,065.75 | 2.43% |
| 2006 | $233,214,054,311.58 | 2.35% |
| 2007 | $242,332,328,489.76 | 3.91% |
| 2008 | $255,355,681,515.01 | 5.37% |
| 2009 | $260,152,274,178.18 | 1.88% |
| 2010 | $262,220,089,566.46 | 0.79% |
| 2011 | $271,615,304,192.47 | 3.58% |
| 2012 | $278,533,550,738.45 | 2.55% |
| 2013 | $282,462,270,843.26 | 1.41% |
| 2014 | $288,997,687,946.64 | 2.31% |
| 2015 | $294,189,824,678.42 | 1.80% |
| 2016 | $295,201,034,778.47 | 0.34% |
| 2017 | $297,804,950,452.60 | 0.88% |
| 2018 | $301,987,963,077.66 | 1.40% |
| 2019 | $307,550,512,625.06 | 1.84% |
| 2020 | $317,815,586,469.75 | 3.34% |
| 2021 | $329,960,636,969.99 | 3.82% |
| 2022 | $361,554,992,615.53 | 9.58% |
| 2023 | $382,020,275,845.64 | 5.66% |
| 2024 | $390,568,577,179.61 | 2.24% |
| 2025 | $401,527,889,471.18 | 2.81% |
| 2026 | $407,777,128,156.26 | 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 |