According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $245,458,856,598.38 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 $27,900,000,000 in the year 1967 would cost $273,358,856,598.38 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 $27,900,000,000 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 | $27,900,000,000.00 | - |
| 1968 | $28,916,841,353.03 | 3.64% |
| 1969 | $30,352,382,086.71 | 4.96% |
| 1970 | $32,007,241,543.59 | 5.45% |
| 1971 | $32,990,852,787.04 | 3.07% |
| 1972 | $34,353,287,279.66 | 4.13% |
| 1973 | $38,919,104,335.40 | 13.29% |
| 1974 | $44,275,797,999.05 | 13.76% |
| 1975 | $48,010,862,315.39 | 8.44% |
| 1976 | $49,492,925,202.48 | 3.09% |
| 1977 | $52,443,758,932.83 | 5.96% |
| 1978 | $57,567,841,829.44 | 9.77% |
| 1979 | $63,735,350,166.75 | 10.71% |
| 1980 | $69,191,734,159.12 | 8.56% |
| 1981 | $74,568,365,888.52 | 7.77% |
| 1982 | $77,605,597,903.76 | 4.07% |
| 1983 | $79,333,563,601.72 | 2.23% |
| 1984 | $82,317,627,441.64 | 3.76% |
| 1985 | $84,238,327,775.13 | 2.33% |
| 1986 | $86,983,134,826.11 | 3.26% |
| 1987 | $90,525,464,506.91 | 4.07% |
| 1988 | $94,260,528,823.25 | 4.13% |
| 1989 | $99,603,930,443.07 | 5.67% |
| 1990 | $105,339,447,355.88 | 5.76% |
| 1991 | $109,094,449,737.97 | 3.56% |
| 1992 | $110,603,096,712.72 | 1.38% |
| 1993 | $112,915,912,339.21 | 2.09% |
| 1994 | $115,541,090,995.71 | 2.32% |
| 1995 | $118,724,535,493.09 | 2.76% |
| 1996 | $122,585,874,225.82 | 3.25% |
| 1997 | $125,802,548,832.78 | 2.62% |
| 1998 | $128,474,249,642.69 | 2.12% |
| 1999 | $131,238,994,759.41 | 2.15% |
| 2000 | $134,269,580,752.74 | 2.31% |
| 2001 | $138,423,344,449.74 | 3.09% |
| 2002 | $140,968,770,843.26 | 1.84% |
| 2003 | $143,986,064,792.76 | 2.14% |
| 2004 | $148,844,306,812.77 | 3.37% |
| 2005 | $152,459,742,734.64 | 2.43% |
| 2006 | $156,035,302,525.01 | 2.35% |
| 2007 | $162,136,018,342.07 | 3.91% |
| 2008 | $170,849,484,754.65 | 5.37% |
| 2009 | $174,058,715,817.06 | 1.88% |
| 2010 | $175,442,218,199.14 | 0.79% |
| 2011 | $181,728,225,107.19 | 3.58% |
| 2012 | $186,356,979,990.47 | 2.55% |
| 2013 | $188,985,548,118.15 | 1.41% |
| 2014 | $193,358,165,316.82 | 2.31% |
| 2015 | $196,832,040,971.89 | 1.80% |
| 2016 | $197,508,606,002.86 | 0.34% |
| 2017 | $199,250,794,187.71 | 0.88% |
| 2018 | $202,049,500,476.42 | 1.40% |
| 2019 | $205,771,206,288.71 | 1.84% |
| 2020 | $212,639,205,335.87 | 3.34% |
| 2021 | $220,765,030,490.71 | 3.82% |
| 2022 | $241,903,700,095.28 | 9.58% |
| 2023 | $255,596,299,666.51 | 5.66% |
| 2024 | $261,315,666,746.07 | 2.24% |
| 2025 | $268,648,156,264.89 | 2.81% |
| 2026 | $273,358,856,598.38 | 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 |