According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $15,660,099,094,807.05 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 $1,780,000,000,000 in the year 1967 would cost $17,440,099,094,807.05 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 $1,780,000,000,000 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 | $1,780,000,000,000.00 | - |
| 1968 | $1,844,873,749,404.48 | 3.64% |
| 1969 | $1,936,460,219,151.98 | 4.96% |
| 1970 | $2,042,039,066,222.01 | 5.45% |
| 1971 | $2,104,792,758,456.41 | 3.07% |
| 1972 | $2,191,715,102,429.73 | 4.13% |
| 1973 | $2,483,010,957,598.86 | 13.29% |
| 1974 | $2,824,764,173,415.91 | 13.76% |
| 1975 | $3,063,058,599,333.02 | 8.44% |
| 1976 | $3,157,613,149,118.63 | 3.09% |
| 1977 | $3,345,874,225,821.82 | 5.96% |
| 1978 | $3,672,787,041,448.31 | 9.77% |
| 1979 | $4,066,269,652,215.34 | 10.71% |
| 1980 | $4,414,383,039,542.64 | 8.56% |
| 1981 | $4,757,408,289,661.74 | 7.77% |
| 1982 | $4,951,181,515,007.15 | 4.07% |
| 1983 | $5,061,424,487,851.36 | 2.23% |
| 1984 | $5,251,805,621,724.63 | 3.76% |
| 1985 | $5,374,344,926,155.31 | 2.33% |
| 1986 | $5,549,461,648,404.00 | 3.26% |
| 1987 | $5,775,459,742,734.64 | 4.07% |
| 1988 | $6,013,754,168,651.74 | 4.13% |
| 1989 | $6,354,659,361,600.76 | 5.67% |
| 1990 | $6,720,581,229,156.74 | 5.76% |
| 1991 | $6,960,147,689,375.89 | 3.56% |
| 1992 | $7,056,398,284,897.57 | 1.38% |
| 1993 | $7,203,954,263,935.21 | 2.09% |
| 1994 | $7,371,438,780,371.61 | 2.32% |
| 1995 | $7,574,540,257,265.37 | 2.76% |
| 1996 | $7,820,890,900,428.78 | 3.25% |
| 1997 | $8,026,112,434,492.62 | 2.62% |
| 1998 | $8,196,565,030,967.13 | 2.12% |
| 1999 | $8,372,953,787,517.87 | 2.15% |
| 2000 | $8,566,303,001,429.25 | 2.31% |
| 2001 | $8,831,310,147,689.38 | 3.09% |
| 2002 | $8,993,706,526,917.58 | 1.84% |
| 2003 | $9,186,207,717,960.93 | 2.14% |
| 2004 | $9,496,160,076,226.77 | 3.37% |
| 2005 | $9,726,822,296,331.59 | 2.43% |
| 2006 | $9,954,940,447,832.30 | 2.35% |
| 2007 | $10,344,161,743,687.47 | 3.91% |
| 2008 | $10,900,074,654,597.43 | 5.37% |
| 2009 | $11,104,821,295,855.17 | 1.88% |
| 2010 | $11,193,087,756,074.32 | 0.79% |
| 2011 | $11,594,130,490,709.86 | 3.58% |
| 2012 | $11,889,441,734,159.13 | 2.55% |
| 2013 | $12,057,142,496,426.87 | 1.41% |
| 2014 | $12,336,112,339,209.15 | 2.31% |
| 2015 | $12,557,743,115,769.42 | 1.80% |
| 2016 | $12,600,907,479,752.26 | 0.34% |
| 2017 | $12,712,057,837,065.27 | 0.88% |
| 2018 | $12,890,613,292,043.83 | 1.40% |
| 2019 | $13,128,055,454,978.56 | 1.84% |
| 2020 | $13,566,228,870,890.90 | 3.34% |
| 2021 | $14,084,650,690,805.15 | 3.82% |
| 2022 | $15,433,282,658,408.77 | 9.58% |
| 2023 | $16,306,860,695,569.32 | 5.66% |
| 2024 | $16,671,752,215,340.64 | 2.24% |
| 2025 | $17,139,559,790,376.37 | 2.81% |
| 2026 | $17,440,099,094,807.05 | 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 |