According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $421,415,026.20 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 $47,900,000 in the year 1967 would cost $469,315,026.20 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 $47,900,000 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 | $47,900,000.00 | - |
| 1968 | $49,645,759.89 | 3.64% |
| 1969 | $52,110,362.08 | 4.96% |
| 1970 | $54,951,500.71 | 5.45% |
| 1971 | $56,640,209.62 | 3.07% |
| 1972 | $58,979,299.67 | 4.13% |
| 1973 | $66,818,103.86 | 13.29% |
| 1974 | $76,014,721.30 | 13.76% |
| 1975 | $82,427,251.07 | 8.44% |
| 1976 | $84,971,724.63 | 3.09% |
| 1977 | $90,037,851.36 | 5.96% |
| 1978 | $98,835,111.96 | 9.77% |
| 1979 | $109,423,773.23 | 10.71% |
| 1980 | $118,791,543.59 | 8.56% |
| 1981 | $128,022,391.62 | 7.77% |
| 1982 | $133,236,850.88 | 4.07% |
| 1983 | $136,203,501.67 | 2.23% |
| 1984 | $141,326,679.37 | 3.76% |
| 1985 | $144,624,225.82 | 2.33% |
| 1986 | $149,336,636.49 | 3.26% |
| 1987 | $155,418,270.61 | 4.07% |
| 1988 | $161,830,800.38 | 4.13% |
| 1989 | $171,004,597.43 | 5.67% |
| 1990 | $180,851,596.00 | 5.76% |
| 1991 | $187,298,356.36 | 3.56% |
| 1992 | $189,888,470.70 | 1.38% |
| 1993 | $193,859,218.68 | 2.09% |
| 1994 | $198,366,245.83 | 2.32% |
| 1995 | $203,831,729.39 | 2.76% |
| 1996 | $210,461,052.88 | 3.25% |
| 1997 | $215,983,587.42 | 2.62% |
| 1998 | $220,570,485.95 | 2.12% |
| 1999 | $225,317,127.20 | 2.15% |
| 2000 | $230,520,176.27 | 2.31% |
| 2001 | $237,651,548.36 | 3.09% |
| 2002 | $242,021,653.17 | 1.84% |
| 2003 | $247,201,881.85 | 2.14% |
| 2004 | $255,542,734.64 | 3.37% |
| 2005 | $261,749,880.90 | 2.43% |
| 2006 | $267,888,565.98 | 2.35% |
| 2007 | $278,362,554.79 | 3.91% |
| 2008 | $293,322,233.68 | 5.37% |
| 2009 | $298,831,988.80 | 1.88% |
| 2010 | $301,207,249.17 | 0.79% |
| 2011 | $311,999,354.22 | 3.58% |
| 2012 | $319,946,212.96 | 2.55% |
| 2013 | $324,459,059.31 | 1.41% |
| 2014 | $331,966,169.13 | 2.31% |
| 2015 | $337,930,278.23 | 1.80% |
| 2016 | $339,091,836.11 | 0.34% |
| 2017 | $342,082,904.72 | 0.88% |
| 2018 | $346,887,852.07 | 1.40% |
| 2019 | $353,277,447.36 | 1.84% |
| 2020 | $365,068,743.21 | 3.34% |
| 2021 | $379,019,532.63 | 3.82% |
| 2022 | $415,311,370.41 | 9.58% |
| 2023 | $438,819,453.55 | 5.66% |
| 2024 | $448,638,725.35 | 2.24% |
| 2025 | $461,227,479.75 | 2.81% |
| 2026 | $469,315,026.20 | 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 |