According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $29,032,767,984,754.65 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 $3,300,000,000,000 in the year 1967 would cost $32,332,767,984,754.65 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 $3,300,000,000,000 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 | $3,300,000,000,000.00 | - |
| 1968 | $3,420,271,557,884.71 | 3.64% |
| 1969 | $3,590,066,698,427.82 | 4.96% |
| 1970 | $3,785,802,763,220.58 | 5.45% |
| 1971 | $3,902,143,878,037.16 | 3.07% |
| 1972 | $4,063,292,043,830.40 | 4.13% |
| 1973 | $4,603,334,921,391.14 | 13.29% |
| 1974 | $5,236,922,343,973.32 | 13.76% |
| 1975 | $5,678,704,144,830.87 | 8.44% |
| 1976 | $5,854,001,905,669.37 | 3.09% |
| 1977 | $6,203,025,250,119.11 | 5.96% |
| 1978 | $6,809,099,571,224.39 | 9.77% |
| 1979 | $7,538,589,804,668.89 | 10.71% |
| 1980 | $8,183,968,556,455.46 | 8.56% |
| 1981 | $8,819,914,244,878.51 | 7.77% |
| 1982 | $9,179,156,741,305.38 | 4.07% |
| 1983 | $9,383,539,780,848.02 | 2.23% |
| 1984 | $9,736,493,568,365.89 | 3.76% |
| 1985 | $9,963,673,177,703.67 | 2.33% |
| 1986 | $10,288,327,775,131.01 | 3.26% |
| 1987 | $10,707,313,006,193.43 | 4.07% |
| 1988 | $11,149,094,807,050.98 | 4.13% |
| 1989 | $11,781,110,052,405.91 | 5.67% |
| 1990 | $12,459,504,525,964.75 | 5.76% |
| 1991 | $12,903,644,592,663.17 | 3.56% |
| 1992 | $13,082,086,707,956.17 | 1.38% |
| 1993 | $13,355,645,545,497.86 | 2.09% |
| 1994 | $13,666,150,547,879.94 | 2.32% |
| 1995 | $14,042,686,993,806.58 | 2.76% |
| 1996 | $14,499,404,478,323.01 | 3.25% |
| 1997 | $14,879,871,367,317.77 | 2.62% |
| 1998 | $15,195,878,989,995.24 | 2.12% |
| 1999 | $15,522,891,853,263.46 | 2.15% |
| 2000 | $15,881,348,261,076.70 | 2.31% |
| 2001 | $16,372,653,644,592.67 | 3.09% |
| 2002 | $16,673,725,583,611.24 | 1.84% |
| 2003 | $17,030,609,814,197.24 | 2.14% |
| 2004 | $17,605,240,590,757.51 | 3.37% |
| 2005 | $18,032,872,796,569.79 | 2.43% |
| 2006 | $18,455,788,470,700.33 | 2.35% |
| 2007 | $19,177,378,513,577.90 | 3.91% |
| 2008 | $20,208,003,573,130.06 | 5.37% |
| 2009 | $20,587,590,042,877.56 | 1.88% |
| 2010 | $20,751,230,109,575.99 | 0.79% |
| 2011 | $21,494,736,303,001.43 | 3.58% |
| 2012 | $22,042,223,439,733.21 | 2.55% |
| 2013 | $22,353,129,347,308.24 | 1.41% |
| 2014 | $22,870,320,628,870.89 | 2.31% |
| 2015 | $23,281,209,147,212.96 | 1.80% |
| 2016 | $23,361,232,968,080.04 | 0.34% |
| 2017 | $23,567,298,237,255.84 | 0.88% |
| 2018 | $23,898,328,013,339.69 | 1.40% |
| 2019 | $24,338,529,776,083.85 | 1.84% |
| 2020 | $25,150,873,749,404.48 | 3.34% |
| 2021 | $26,111,992,853,739.88 | 3.82% |
| 2022 | $28,612,265,602,667.94 | 9.58% |
| 2023 | $30,231,820,390,662.22 | 5.66% |
| 2024 | $30,908,304,668,889.95 | 2.24% |
| 2025 | $31,775,588,375,416.86 | 2.81% |
| 2026 | $32,332,767,984,754.65 | 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 |