According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $1,038,141,400.67 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 $118,000,000 in the year 1967 would cost $1,156,141,400.67 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 $118,000,000 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 | $118,000,000.00 | - |
| 1968 | $122,300,619.34 | 3.64% |
| 1969 | $128,372,081.94 | 4.96% |
| 1970 | $135,371,129.11 | 5.45% |
| 1971 | $139,531,205.34 | 3.07% |
| 1972 | $145,293,473.08 | 4.13% |
| 1973 | $164,604,097.19 | 13.29% |
| 1974 | $187,259,647.45 | 13.76% |
| 1975 | $203,056,693.66 | 8.44% |
| 1976 | $209,324,916.63 | 3.09% |
| 1977 | $221,805,145.31 | 5.96% |
| 1978 | $243,476,893.76 | 9.77% |
| 1979 | $269,561,696.05 | 10.71% |
| 1980 | $292,638,875.66 | 8.56% |
| 1981 | $315,378,751.79 | 7.77% |
| 1982 | $328,224,392.57 | 4.07% |
| 1983 | $335,532,634.59 | 2.23% |
| 1984 | $348,153,406.38 | 3.76% |
| 1985 | $356,276,798.48 | 2.33% |
| 1986 | $367,885,659.84 | 3.26% |
| 1987 | $382,867,555.98 | 4.07% |
| 1988 | $398,664,602.19 | 4.13% |
| 1989 | $421,263,935.21 | 5.67% |
| 1990 | $445,521,676.99 | 5.76% |
| 1991 | $461,403,049.07 | 3.56% |
| 1992 | $467,783,706.53 | 1.38% |
| 1993 | $477,565,507.38 | 2.09% |
| 1994 | $488,668,413.53 | 2.32% |
| 1995 | $502,132,444.02 | 2.76% |
| 1996 | $518,463,554.07 | 3.25% |
| 1997 | $532,068,127.68 | 2.62% |
| 1998 | $543,367,794.19 | 2.12% |
| 1999 | $555,060,981.42 | 2.15% |
| 2000 | $567,878,513.58 | 2.31% |
| 2001 | $585,446,403.05 | 3.09% |
| 2002 | $596,212,005.72 | 1.84% |
| 2003 | $608,973,320.63 | 2.14% |
| 2004 | $629,520,724.15 | 3.37% |
| 2005 | $644,811,815.15 | 2.43% |
| 2006 | $659,934,254.41 | 2.35% |
| 2007 | $685,736,565.03 | 3.91% |
| 2008 | $722,589,218.68 | 5.37% |
| 2009 | $736,162,310.62 | 1.88% |
| 2010 | $742,013,682.71 | 0.79% |
| 2011 | $768,599,661.74 | 3.58% |
| 2012 | $788,176,474.51 | 2.55% |
| 2013 | $799,293,716.06 | 1.41% |
| 2014 | $817,787,222.49 | 2.31% |
| 2015 | $832,479,599.81 | 1.80% |
| 2016 | $835,341,057.65 | 0.34% |
| 2017 | $842,709,452.12 | 0.88% |
| 2018 | $854,546,274.42 | 1.40% |
| 2019 | $870,286,822.30 | 1.84% |
| 2020 | $899,334,273.46 | 3.34% |
| 2021 | $933,701,562.65 | 3.82% |
| 2022 | $1,023,105,254.88 | 9.58% |
| 2023 | $1,081,016,607.91 | 5.66% |
| 2024 | $1,105,206,045.74 | 2.24% |
| 2025 | $1,136,218,008.58 | 2.81% |
| 2026 | $1,156,141,400.67 | 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 |