According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 880.67% higher in 2026 versus 1967 (a $3,681,191,977.13 difference in value).
Between 1967 and 2026:Food and beverages experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $418,000,000 in the year 1967 would cost $4,099,191,977.13 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.95% during this same period, inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $418,000,000 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 | $418,000,000.00 | - |
| 1968 | $433,234,397.33 | 3.64% |
| 1969 | $454,741,781.80 | 4.96% |
| 1970 | $479,535,016.67 | 5.45% |
| 1971 | $494,271,557.88 | 3.07% |
| 1972 | $514,683,658.89 | 4.13% |
| 1973 | $583,089,090.04 | 13.29% |
| 1974 | $663,343,496.90 | 13.76% |
| 1975 | $719,302,525.01 | 8.44% |
| 1976 | $741,506,908.05 | 3.09% |
| 1977 | $785,716,531.68 | 5.96% |
| 1978 | $862,485,945.69 | 9.77% |
| 1979 | $954,888,041.92 | 10.71% |
| 1980 | $1,036,636,017.15 | 8.56% |
| 1981 | $1,117,189,137.68 | 7.77% |
| 1982 | $1,162,693,187.23 | 4.07% |
| 1983 | $1,188,581,705.57 | 2.23% |
| 1984 | $1,233,289,185.33 | 3.76% |
| 1985 | $1,262,065,269.18 | 2.33% |
| 1986 | $1,303,188,184.85 | 3.26% |
| 1987 | $1,356,259,647.45 | 4.07% |
| 1988 | $1,412,218,675.56 | 4.13% |
| 1989 | $1,492,273,939.97 | 5.67% |
| 1990 | $1,578,203,906.62 | 5.76% |
| 1991 | $1,634,461,648.40 | 3.56% |
| 1992 | $1,657,064,316.34 | 1.38% |
| 1993 | $1,691,715,102.43 | 2.09% |
| 1994 | $1,731,045,736.06 | 2.32% |
| 1995 | $1,778,740,352.55 | 2.76% |
| 1996 | $1,836,591,233.92 | 3.25% |
| 1997 | $1,884,783,706.53 | 2.62% |
| 1998 | $1,924,811,338.73 | 2.12% |
| 1999 | $1,966,232,968.08 | 2.15% |
| 2000 | $2,011,637,446.40 | 2.31% |
| 2001 | $2,073,869,461.65 | 3.09% |
| 2002 | $2,112,005,240.59 | 1.84% |
| 2003 | $2,157,210,576.46 | 2.14% |
| 2004 | $2,229,997,141.50 | 3.37% |
| 2005 | $2,284,163,887.57 | 2.43% |
| 2006 | $2,337,733,206.29 | 2.35% |
| 2007 | $2,429,134,611.72 | 3.91% |
| 2008 | $2,559,680,452.60 | 5.37% |
| 2009 | $2,607,761,405.43 | 1.88% |
| 2010 | $2,628,489,147.21 | 0.79% |
| 2011 | $2,722,666,598.38 | 3.58% |
| 2012 | $2,792,014,969.03 | 2.55% |
| 2013 | $2,831,396,383.99 | 1.41% |
| 2014 | $2,896,907,279.66 | 2.31% |
| 2015 | $2,948,953,158.65 | 1.80% |
| 2016 | $2,959,089,509.29 | 0.34% |
| 2017 | $2,985,191,110.05 | 0.88% |
| 2018 | $3,027,121,548.36 | 1.40% |
| 2019 | $3,082,880,438.30 | 1.84% |
| 2020 | $3,185,777,341.59 | 3.34% |
| 2021 | $3,307,519,094.81 | 3.82% |
| 2022 | $3,624,220,309.67 | 9.58% |
| 2023 | $3,829,363,916.15 | 5.66% |
| 2024 | $3,915,051,924.73 | 2.24% |
| 2025 | $4,024,907,860.89 | 2.81% |
| 2026 | $4,099,191,977.13 | 1.85%* |
* 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 | 343.070 |