According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $2,173,058,694.62 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 $247,000,000 in the year 1967 would cost $2,420,058,694.62 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 $247,000,000 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 | $247,000,000.00 | - |
| 1968 | $256,002,143.88 | 3.64% |
| 1969 | $268,711,052.88 | 4.96% |
| 1970 | $283,361,600.76 | 5.45% |
| 1971 | $292,069,556.93 | 3.07% |
| 1972 | $304,131,252.98 | 4.13% |
| 1973 | $344,552,644.12 | 13.29% |
| 1974 | $391,975,702.72 | 13.76% |
| 1975 | $425,042,401.14 | 8.44% |
| 1976 | $438,163,172.94 | 3.09% |
| 1977 | $464,287,041.45 | 5.96% |
| 1978 | $509,650,786.09 | 9.77% |
| 1979 | $564,252,024.77 | 10.71% |
| 1980 | $612,557,646.50 | 8.56% |
| 1981 | $660,157,217.72 | 7.77% |
| 1982 | $687,045,974.27 | 4.07% |
| 1983 | $702,343,735.11 | 2.23% |
| 1984 | $728,761,791.33 | 3.76% |
| 1985 | $745,765,840.88 | 2.33% |
| 1986 | $770,065,745.59 | 3.26% |
| 1987 | $801,426,155.31 | 4.07% |
| 1988 | $834,492,853.74 | 4.13% |
| 1989 | $881,798,237.26 | 5.67% |
| 1990 | $932,575,035.73 | 5.76% |
| 1991 | $965,818,246.78 | 3.56% |
| 1992 | $979,174,368.75 | 1.38% |
| 1993 | $999,649,833.25 | 2.09% |
| 1994 | $1,022,890,662.22 | 2.32% |
| 1995 | $1,051,073,844.69 | 2.76% |
| 1996 | $1,085,258,456.41 | 3.25% |
| 1997 | $1,113,735,826.58 | 2.62% |
| 1998 | $1,137,388,518.34 | 2.12% |
| 1999 | $1,161,864,935.68 | 2.15% |
| 2000 | $1,188,694,854.69 | 2.31% |
| 2001 | $1,225,468,318.25 | 3.09% |
| 2002 | $1,248,003,096.71 | 1.84% |
| 2003 | $1,274,715,340.64 | 2.14% |
| 2004 | $1,317,725,583.61 | 3.37% |
| 2005 | $1,349,733,206.29 | 2.43% |
| 2006 | $1,381,387,803.72 | 2.35% |
| 2007 | $1,435,397,725.11 | 3.91% |
| 2008 | $1,512,538,449.26 | 5.37% |
| 2009 | $1,540,949,921.39 | 1.88% |
| 2010 | $1,553,198,132.44 | 0.79% |
| 2011 | $1,608,848,444.50 | 3.58% |
| 2012 | $1,649,827,027.16 | 2.55% |
| 2013 | $1,673,097,863.27 | 1.41% |
| 2014 | $1,711,808,847.07 | 2.31% |
| 2015 | $1,742,563,230.11 | 1.80% |
| 2016 | $1,748,552,891.85 | 0.34% |
| 2017 | $1,763,976,565.03 | 0.88% |
| 2018 | $1,788,753,642.21 | 1.40% |
| 2019 | $1,821,702,077.18 | 1.84% |
| 2020 | $1,882,504,792.76 | 3.34% |
| 2021 | $1,954,443,101.48 | 3.82% |
| 2022 | $2,141,584,728.44 | 9.58% |
| 2023 | $2,262,805,950.45 | 5.66% |
| 2024 | $2,313,439,773.70 | 2.24% |
| 2025 | $2,378,354,645.07 | 2.81% |
| 2026 | $2,420,058,694.62 | 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 |