According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 877.88% higher in 2026 versus 1967 (a $4,389,414,006,669.84 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 $500,000,000,000 in the year 1967 would cost $4,889,414,006,669.84 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 $500,000,000,000 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 | $500,000,000,000.00 | - |
| 1968 | $518,222,963,315.86 | 3.64% |
| 1969 | $543,949,499,761.79 | 4.96% |
| 1970 | $573,606,479,275.85 | 5.45% |
| 1971 | $591,233,920,914.72 | 3.07% |
| 1972 | $615,650,309,671.27 | 4.13% |
| 1973 | $697,474,988,089.57 | 13.29% |
| 1974 | $793,473,082,420.20 | 13.76% |
| 1975 | $860,409,718,913.77 | 8.44% |
| 1976 | $886,969,985,707.48 | 3.09% |
| 1977 | $939,852,310,624.11 | 5.96% |
| 1978 | $1,031,681,753,215.82 | 9.77% |
| 1979 | $1,142,210,576,464.98 | 10.71% |
| 1980 | $1,239,995,235,826.58 | 8.56% |
| 1981 | $1,336,350,643,163.41 | 7.77% |
| 1982 | $1,390,781,324,440.21 | 4.07% |
| 1983 | $1,421,748,451,643.64 | 2.23% |
| 1984 | $1,475,226,298,237.26 | 3.76% |
| 1985 | $1,509,647,451,167.22 | 2.33% |
| 1986 | $1,558,837,541,686.52 | 3.26% |
| 1987 | $1,622,320,152,453.55 | 4.07% |
| 1988 | $1,689,256,788,947.12 | 4.13% |
| 1989 | $1,785,016,674,606.96 | 5.67% |
| 1990 | $1,887,803,716,055.26 | 5.76% |
| 1991 | $1,955,097,665,555.03 | 3.56% |
| 1992 | $1,982,134,349,690.33 | 1.38% |
| 1993 | $2,023,582,658,408.77 | 2.09% |
| 1994 | $2,070,628,870,890.90 | 2.32% |
| 1995 | $2,127,679,847,546.45 | 2.76% |
| 1996 | $2,196,879,466,412.58 | 3.25% |
| 1997 | $2,254,525,964,745.12 | 2.62% |
| 1998 | $2,302,405,907,575.04 | 2.12% |
| 1999 | $2,351,953,311,100.52 | 2.15% |
| 2000 | $2,406,264,888,041.92 | 2.31% |
| 2001 | $2,480,705,097,665.56 | 3.09% |
| 2002 | $2,526,322,058,122.92 | 1.84% |
| 2003 | $2,580,395,426,393.52 | 2.14% |
| 2004 | $2,667,460,695,569.32 | 3.37% |
| 2005 | $2,732,253,454,025.73 | 2.43% |
| 2006 | $2,796,331,586,469.75 | 2.35% |
| 2007 | $2,905,663,411,148.17 | 3.91% |
| 2008 | $3,061,818,723,201.52 | 5.37% |
| 2009 | $3,119,331,824,678.42 | 1.88% |
| 2010 | $3,144,125,774,178.18 | 0.79% |
| 2011 | $3,256,778,227,727.49 | 3.58% |
| 2012 | $3,339,730,824,202.00 | 2.55% |
| 2013 | $3,386,837,779,895.19 | 1.41% |
| 2014 | $3,465,200,095,283.47 | 2.31% |
| 2015 | $3,527,455,931,395.90 | 1.80% |
| 2016 | $3,539,580,752,739.40 | 0.34% |
| 2017 | $3,570,802,763,220.58 | 0.88% |
| 2018 | $3,620,958,789,899.95 | 1.40% |
| 2019 | $3,687,656,026,679.37 | 1.84% |
| 2020 | $3,810,738,446,879.47 | 3.34% |
| 2021 | $3,956,362,553,596.95 | 3.82% |
| 2022 | $4,335,191,757,979.99 | 9.58% |
| 2023 | $4,580,578,847,070.03 | 5.66% |
| 2024 | $4,683,076,464,983.33 | 2.24% |
| 2025 | $4,814,483,087,184.37 | 2.81% |
| 2026 | $4,889,414,006,669.84 | 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 |