According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $269,273,473,082.42 difference in value).
Between 1967 and 2026:Food and beverages experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $31,000,000,000 in the year 1967 would cost $300,273,473,082.42 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $31,000,000,000 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 | $31,000,000,000.00 | - |
| 1968 | $32,129,823,725.58 | 3.64% |
| 1969 | $33,724,868,985.23 | 4.96% |
| 1970 | $35,563,601,715.10 | 5.45% |
| 1971 | $36,656,503,096.71 | 3.07% |
| 1972 | $38,170,319,199.62 | 4.13% |
| 1973 | $43,243,449,261.55 | 13.29% |
| 1974 | $49,195,331,110.05 | 13.76% |
| 1975 | $53,345,402,572.65 | 8.44% |
| 1976 | $54,992,139,113.86 | 3.09% |
| 1977 | $58,270,843,258.69 | 5.96% |
| 1978 | $63,964,268,699.38 | 9.77% |
| 1979 | $70,817,055,740.83 | 10.71% |
| 1980 | $76,879,704,621.25 | 8.56% |
| 1981 | $82,853,739,876.13 | 7.77% |
| 1982 | $86,228,442,115.29 | 4.07% |
| 1983 | $88,148,404,001.91 | 2.23% |
| 1984 | $91,464,030,490.71 | 3.76% |
| 1985 | $93,598,141,972.37 | 2.33% |
| 1986 | $96,647,927,584.56 | 3.26% |
| 1987 | $100,583,849,452.12 | 4.07% |
| 1988 | $104,733,920,914.72 | 4.13% |
| 1989 | $110,671,033,825.63 | 5.67% |
| 1990 | $117,043,830,395.43 | 5.76% |
| 1991 | $121,216,055,264.41 | 3.56% |
| 1992 | $122,892,329,680.80 | 1.38% |
| 1993 | $125,462,124,821.34 | 2.09% |
| 1994 | $128,378,989,995.24 | 2.32% |
| 1995 | $131,916,150,547.88 | 2.76% |
| 1996 | $136,206,526,917.58 | 3.25% |
| 1997 | $139,780,609,814.20 | 2.62% |
| 1998 | $142,749,166,269.65 | 2.12% |
| 1999 | $145,821,105,288.23 | 2.15% |
| 2000 | $149,188,423,058.60 | 2.31% |
| 2001 | $153,803,716,055.26 | 3.09% |
| 2002 | $156,631,967,603.62 | 1.84% |
| 2003 | $159,984,516,436.40 | 2.14% |
| 2004 | $165,382,563,125.30 | 3.37% |
| 2005 | $169,399,714,149.60 | 2.43% |
| 2006 | $173,372,558,361.12 | 2.35% |
| 2007 | $180,151,131,491.19 | 3.91% |
| 2008 | $189,832,760,838.49 | 5.37% |
| 2009 | $193,398,573,130.06 | 1.88% |
| 2010 | $194,935,797,999.05 | 0.79% |
| 2011 | $201,920,250,119.10 | 3.58% |
| 2012 | $207,063,311,100.52 | 2.55% |
| 2013 | $209,983,942,353.50 | 1.41% |
| 2014 | $214,842,405,907.58 | 2.31% |
| 2015 | $218,702,267,746.55 | 1.80% |
| 2016 | $219,454,006,669.84 | 0.34% |
| 2017 | $221,389,771,319.68 | 0.88% |
| 2018 | $224,499,444,973.80 | 1.40% |
| 2019 | $228,634,673,654.12 | 1.84% |
| 2020 | $236,265,783,706.53 | 3.34% |
| 2021 | $245,294,478,323.01 | 3.82% |
| 2022 | $268,781,888,994.76 | 9.58% |
| 2023 | $283,995,888,518.34 | 5.66% |
| 2024 | $290,350,740,828.97 | 2.24% |
| 2025 | $298,181,627,614.88 | 2.70% |
| 2026 | $300,273,473,082.42 | 0.70%* |
* 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 | 336.496 | 338.857 |