According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $11,437,151,024.30 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 $1,300,000,000 in the year 1967 would cost $12,737,151,024.30 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 $1,300,000,000 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 | $1,300,000,000.00 | - |
| 1968 | $1,347,379,704.62 | 3.64% |
| 1969 | $1,414,268,699.38 | 4.96% |
| 1970 | $1,491,376,846.12 | 5.45% |
| 1971 | $1,537,208,194.38 | 3.07% |
| 1972 | $1,600,690,805.15 | 4.13% |
| 1973 | $1,813,434,969.03 | 13.29% |
| 1974 | $2,063,030,014.29 | 13.76% |
| 1975 | $2,237,065,269.18 | 8.44% |
| 1976 | $2,306,121,962.84 | 3.09% |
| 1977 | $2,443,616,007.62 | 5.96% |
| 1978 | $2,682,372,558.36 | 9.77% |
| 1979 | $2,969,747,498.81 | 10.71% |
| 1980 | $3,223,987,613.15 | 8.56% |
| 1981 | $3,474,511,672.22 | 7.77% |
| 1982 | $3,616,031,443.54 | 4.07% |
| 1983 | $3,696,545,974.27 | 2.23% |
| 1984 | $3,835,588,375.42 | 3.76% |
| 1985 | $3,925,083,373.03 | 2.33% |
| 1986 | $4,052,977,608.38 | 3.26% |
| 1987 | $4,218,032,396.38 | 4.07% |
| 1988 | $4,392,067,651.26 | 4.13% |
| 1989 | $4,641,043,353.98 | 5.67% |
| 1990 | $4,908,289,661.74 | 5.76% |
| 1991 | $5,083,253,930.44 | 3.56% |
| 1992 | $5,153,549,309.19 | 1.38% |
| 1993 | $5,261,314,911.86 | 2.09% |
| 1994 | $5,383,635,064.32 | 2.32% |
| 1995 | $5,531,967,603.62 | 2.76% |
| 1996 | $5,711,886,612.67 | 3.25% |
| 1997 | $5,861,767,508.34 | 2.62% |
| 1998 | $5,986,255,359.70 | 2.12% |
| 1999 | $6,115,078,608.86 | 2.15% |
| 2000 | $6,256,288,708.91 | 2.31% |
| 2001 | $6,449,833,253.93 | 3.09% |
| 2002 | $6,568,437,351.12 | 1.84% |
| 2003 | $6,709,028,108.62 | 2.14% |
| 2004 | $6,935,397,808.48 | 3.37% |
| 2005 | $7,103,858,980.47 | 2.43% |
| 2006 | $7,270,462,124.82 | 2.35% |
| 2007 | $7,554,724,868.99 | 3.91% |
| 2008 | $7,960,728,680.32 | 5.37% |
| 2009 | $8,110,262,744.16 | 1.88% |
| 2010 | $8,174,727,012.86 | 0.79% |
| 2011 | $8,467,623,392.09 | 3.58% |
| 2012 | $8,683,300,142.93 | 2.55% |
| 2013 | $8,805,778,227.73 | 1.41% |
| 2014 | $9,009,520,247.74 | 2.31% |
| 2015 | $9,171,385,421.63 | 1.80% |
| 2016 | $9,202,909,957.12 | 0.34% |
| 2017 | $9,284,087,184.37 | 0.88% |
| 2018 | $9,414,492,853.74 | 1.40% |
| 2019 | $9,587,905,669.37 | 1.84% |
| 2020 | $9,907,919,961.89 | 3.34% |
| 2021 | $10,286,542,639.35 | 3.82% |
| 2022 | $11,271,498,570.75 | 9.58% |
| 2023 | $11,909,505,002.38 | 5.66% |
| 2024 | $12,175,998,808.96 | 2.24% |
| 2025 | $12,517,656,026.68 | 2.81% |
| 2026 | $12,737,151,024.30 | 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 |