According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $2,137,867,460.70 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 $243,000,000 in the year 1967 would cost $2,380,867,460.70 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 $243,000,000 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 | $243,000,000.00 | - |
| 1968 | $251,856,360.17 | 3.64% |
| 1969 | $264,359,456.88 | 4.96% |
| 1970 | $278,772,748.93 | 5.45% |
| 1971 | $287,339,685.56 | 3.07% |
| 1972 | $299,206,050.50 | 4.13% |
| 1973 | $338,972,844.21 | 13.29% |
| 1974 | $385,627,918.06 | 13.76% |
| 1975 | $418,159,123.39 | 8.44% |
| 1976 | $431,067,413.05 | 3.09% |
| 1977 | $456,768,222.96 | 5.96% |
| 1978 | $501,397,332.06 | 9.77% |
| 1979 | $555,114,340.16 | 10.71% |
| 1980 | $602,637,684.61 | 8.56% |
| 1981 | $649,466,412.58 | 7.77% |
| 1982 | $675,919,723.68 | 4.07% |
| 1983 | $690,969,747.50 | 2.23% |
| 1984 | $716,959,980.94 | 3.76% |
| 1985 | $733,688,661.27 | 2.33% |
| 1986 | $757,595,045.26 | 3.26% |
| 1987 | $788,447,594.09 | 4.07% |
| 1988 | $820,978,799.43 | 4.13% |
| 1989 | $867,518,103.86 | 5.67% |
| 1990 | $917,472,606.00 | 5.76% |
| 1991 | $950,177,465.46 | 3.56% |
| 1992 | $963,317,293.95 | 1.38% |
| 1993 | $983,461,171.99 | 2.09% |
| 1994 | $1,006,325,631.25 | 2.32% |
| 1995 | $1,034,052,405.91 | 2.76% |
| 1996 | $1,067,683,420.68 | 3.25% |
| 1997 | $1,095,699,618.87 | 2.62% |
| 1998 | $1,118,969,271.08 | 2.12% |
| 1999 | $1,143,049,309.19 | 2.15% |
| 2000 | $1,169,444,735.59 | 2.31% |
| 2001 | $1,205,622,677.47 | 3.09% |
| 2002 | $1,227,792,520.25 | 1.84% |
| 2003 | $1,254,072,177.23 | 2.14% |
| 2004 | $1,296,385,898.05 | 3.37% |
| 2005 | $1,327,875,178.66 | 2.43% |
| 2006 | $1,359,017,151.02 | 2.35% |
| 2007 | $1,412,152,417.82 | 3.91% |
| 2008 | $1,488,043,899.48 | 5.37% |
| 2009 | $1,515,995,266.79 | 1.88% |
| 2010 | $1,528,045,126.25 | 0.79% |
| 2011 | $1,582,794,218.68 | 3.58% |
| 2012 | $1,623,109,180.56 | 2.55% |
| 2013 | $1,646,003,161.03 | 1.41% |
| 2014 | $1,684,087,246.31 | 2.31% |
| 2015 | $1,714,343,582.66 | 1.80% |
| 2016 | $1,720,236,245.83 | 0.34% |
| 2017 | $1,735,410,142.93 | 0.88% |
| 2018 | $1,759,785,971.89 | 1.40% |
| 2019 | $1,792,200,828.97 | 1.84% |
| 2020 | $1,852,018,885.18 | 3.34% |
| 2021 | $1,922,792,201.05 | 3.82% |
| 2022 | $2,106,903,194.38 | 9.58% |
| 2023 | $2,226,161,319.68 | 5.66% |
| 2024 | $2,275,975,161.98 | 2.24% |
| 2025 | $2,339,838,780.37 | 2.81% |
| 2026 | $2,380,867,460.70 | 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 |