According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $84,458,961,410.20 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 $9,600,000,000 in the year 1967 would cost $94,058,961,410.20 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 $9,600,000,000 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 | $9,600,000,000.00 | - |
| 1968 | $9,949,880,895.66 | 3.64% |
| 1969 | $10,443,830,395.43 | 4.96% |
| 1970 | $11,013,244,402.10 | 5.45% |
| 1971 | $11,351,691,281.56 | 3.07% |
| 1972 | $11,820,485,945.69 | 4.13% |
| 1973 | $13,391,519,771.32 | 13.29% |
| 1974 | $15,234,683,182.47 | 13.76% |
| 1975 | $16,519,866,603.14 | 8.44% |
| 1976 | $17,029,823,725.58 | 3.09% |
| 1977 | $18,045,164,363.98 | 5.96% |
| 1978 | $19,808,289,661.74 | 9.77% |
| 1979 | $21,930,443,068.13 | 10.71% |
| 1980 | $23,807,908,527.87 | 8.56% |
| 1981 | $25,657,932,348.74 | 7.77% |
| 1982 | $26,703,001,429.25 | 4.07% |
| 1983 | $27,297,570,271.56 | 2.23% |
| 1984 | $28,324,344,926.16 | 3.76% |
| 1985 | $28,985,231,062.41 | 2.33% |
| 1986 | $29,929,680,800.38 | 3.26% |
| 1987 | $31,148,546,927.11 | 4.07% |
| 1988 | $32,433,730,347.78 | 4.13% |
| 1989 | $34,272,320,152.45 | 5.67% |
| 1990 | $36,245,831,348.26 | 5.76% |
| 1991 | $37,537,875,178.66 | 3.56% |
| 1992 | $38,056,979,514.05 | 1.38% |
| 1993 | $38,852,787,041.45 | 2.09% |
| 1994 | $39,756,074,321.11 | 2.32% |
| 1995 | $40,851,453,072.89 | 2.76% |
| 1996 | $42,180,085,755.12 | 3.25% |
| 1997 | $43,286,898,523.11 | 2.62% |
| 1998 | $44,206,193,425.44 | 2.12% |
| 1999 | $45,157,503,573.13 | 2.15% |
| 2000 | $46,200,285,850.40 | 2.31% |
| 2001 | $47,629,537,875.18 | 3.09% |
| 2002 | $48,505,383,515.96 | 1.84% |
| 2003 | $49,543,592,186.76 | 2.14% |
| 2004 | $51,215,245,354.93 | 3.37% |
| 2005 | $52,459,266,317.29 | 2.43% |
| 2006 | $53,689,566,460.22 | 2.35% |
| 2007 | $55,788,737,494.04 | 3.91% |
| 2008 | $58,786,919,485.47 | 5.37% |
| 2009 | $59,891,171,033.83 | 1.88% |
| 2010 | $60,367,214,864.22 | 0.79% |
| 2011 | $62,530,141,972.37 | 3.58% |
| 2012 | $64,122,831,824.68 | 2.55% |
| 2013 | $65,027,285,373.99 | 1.41% |
| 2014 | $66,531,841,829.44 | 2.31% |
| 2015 | $67,727,153,882.80 | 1.80% |
| 2016 | $67,959,950,452.60 | 0.34% |
| 2017 | $68,559,413,053.84 | 0.88% |
| 2018 | $69,522,408,766.08 | 1.40% |
| 2019 | $70,802,995,712.24 | 1.84% |
| 2020 | $73,166,178,180.09 | 3.34% |
| 2021 | $75,962,161,029.06 | 3.82% |
| 2022 | $83,235,681,753.22 | 9.58% |
| 2023 | $87,947,113,863.74 | 5.66% |
| 2024 | $89,915,068,127.68 | 2.24% |
| 2025 | $92,438,075,273.94 | 2.81% |
| 2026 | $94,058,961,410.20 | 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 |