According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $2,929,670,223,916.15 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 $333,000,000,000 in the year 1967 would cost $3,262,670,223,916.15 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 $333,000,000,000 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 | $333,000,000,000.00 | - |
| 1968 | $345,136,493,568.37 | 3.64% |
| 1969 | $362,270,366,841.35 | 4.96% |
| 1970 | $382,021,915,197.71 | 5.45% |
| 1971 | $393,761,791,329.20 | 3.07% |
| 1972 | $410,023,106,241.07 | 4.13% |
| 1973 | $464,518,342,067.65 | 13.29% |
| 1974 | $528,453,072,891.85 | 13.76% |
| 1975 | $573,032,872,796.57 | 8.44% |
| 1976 | $590,722,010,481.18 | 3.09% |
| 1977 | $625,941,638,875.66 | 5.96% |
| 1978 | $687,100,047,641.73 | 9.77% |
| 1979 | $760,712,243,925.68 | 10.71% |
| 1980 | $825,836,827,060.50 | 8.56% |
| 1981 | $890,009,528,346.83 | 7.77% |
| 1982 | $926,260,362,077.18 | 4.07% |
| 1983 | $946,884,468,794.66 | 2.23% |
| 1984 | $982,500,714,626.01 | 3.76% |
| 1985 | $1,005,425,202,477.37 | 2.33% |
| 1986 | $1,038,185,802,763.22 | 3.26% |
| 1987 | $1,080,465,221,534.06 | 4.07% |
| 1988 | $1,125,045,021,438.78 | 4.13% |
| 1989 | $1,188,821,105,288.23 | 5.67% |
| 1990 | $1,257,277,274,892.81 | 5.76% |
| 1991 | $1,302,095,045,259.65 | 3.56% |
| 1992 | $1,320,101,476,893.76 | 1.38% |
| 1993 | $1,347,706,050,500.24 | 2.09% |
| 1994 | $1,379,038,828,013.34 | 2.32% |
| 1995 | $1,417,034,778,465.94 | 2.76% |
| 1996 | $1,463,121,724,630.78 | 3.25% |
| 1997 | $1,501,514,292,520.25 | 2.62% |
| 1998 | $1,533,402,334,444.97 | 2.12% |
| 1999 | $1,566,400,905,192.95 | 2.15% |
| 2000 | $1,602,572,415,435.92 | 2.31% |
| 2001 | $1,652,149,595,045.26 | 3.09% |
| 2002 | $1,682,530,490,709.86 | 1.84% |
| 2003 | $1,718,543,353,978.08 | 2.14% |
| 2004 | $1,776,528,823,249.17 | 3.37% |
| 2005 | $1,819,680,800,381.13 | 2.43% |
| 2006 | $1,862,356,836,588.85 | 2.35% |
| 2007 | $1,935,171,831,824.68 | 3.91% |
| 2008 | $2,039,171,269,652.22 | 5.37% |
| 2009 | $2,077,474,995,235.83 | 1.88% |
| 2010 | $2,093,987,765,602.67 | 0.79% |
| 2011 | $2,169,014,299,666.51 | 3.58% |
| 2012 | $2,224,260,728,918.53 | 2.55% |
| 2013 | $2,255,633,961,410.20 | 1.41% |
| 2014 | $2,307,823,263,458.79 | 2.31% |
| 2015 | $2,349,285,650,309.67 | 1.80% |
| 2016 | $2,357,360,781,324.44 | 0.34% |
| 2017 | $2,378,154,640,304.91 | 0.88% |
| 2018 | $2,411,558,554,073.37 | 1.40% |
| 2019 | $2,455,978,913,768.46 | 1.84% |
| 2020 | $2,537,951,805,621.72 | 3.34% |
| 2021 | $2,634,937,460,695.57 | 3.82% |
| 2022 | $2,887,237,710,814.67 | 9.58% |
| 2023 | $3,050,665,512,148.64 | 5.66% |
| 2024 | $3,118,928,925,678.89 | 2.24% |
| 2025 | $3,206,445,736,064.79 | 2.81% |
| 2026 | $3,262,670,223,916.15 | 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 |