According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $281,529,871,367.32 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 $32,000,000,000 in the year 1967 would cost $313,529,871,367.32 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 $32,000,000,000 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 | $32,000,000,000.00 | - |
| 1968 | $33,166,269,652.22 | 3.64% |
| 1969 | $34,812,767,984.75 | 4.96% |
| 1970 | $36,710,814,673.65 | 5.45% |
| 1971 | $37,838,970,938.54 | 3.07% |
| 1972 | $39,401,619,818.96 | 4.13% |
| 1973 | $44,638,399,237.73 | 13.29% |
| 1974 | $50,782,277,274.89 | 13.76% |
| 1975 | $55,066,222,010.48 | 8.44% |
| 1976 | $56,766,079,085.28 | 3.09% |
| 1977 | $60,150,547,879.94 | 5.96% |
| 1978 | $66,027,632,205.81 | 9.77% |
| 1979 | $73,101,476,893.76 | 10.71% |
| 1980 | $79,359,695,092.90 | 8.56% |
| 1981 | $85,526,441,162.46 | 7.77% |
| 1982 | $89,010,004,764.17 | 4.07% |
| 1983 | $90,991,900,905.19 | 2.23% |
| 1984 | $94,414,483,087.18 | 3.76% |
| 1985 | $96,617,436,874.70 | 2.33% |
| 1986 | $99,765,602,667.94 | 3.26% |
| 1987 | $103,828,489,757.03 | 4.07% |
| 1988 | $108,112,434,492.62 | 4.13% |
| 1989 | $114,241,067,174.85 | 5.67% |
| 1990 | $120,819,437,827.54 | 5.76% |
| 1991 | $125,126,250,595.52 | 3.56% |
| 1992 | $126,856,598,380.18 | 1.38% |
| 1993 | $129,509,290,138.16 | 2.09% |
| 1994 | $132,520,247,737.02 | 2.32% |
| 1995 | $136,171,510,242.97 | 2.76% |
| 1996 | $140,600,285,850.40 | 3.25% |
| 1997 | $144,289,661,743.69 | 2.62% |
| 1998 | $147,353,978,084.80 | 2.12% |
| 1999 | $150,525,011,910.43 | 2.15% |
| 2000 | $154,000,952,834.68 | 2.31% |
| 2001 | $158,765,126,250.60 | 3.09% |
| 2002 | $161,684,611,719.87 | 1.84% |
| 2003 | $165,145,307,289.19 | 2.14% |
| 2004 | $170,717,484,516.44 | 3.37% |
| 2005 | $174,864,221,057.65 | 2.43% |
| 2006 | $178,965,221,534.06 | 2.35% |
| 2007 | $185,962,458,313.48 | 3.91% |
| 2008 | $195,956,398,284.90 | 5.37% |
| 2009 | $199,637,236,779.42 | 1.88% |
| 2010 | $201,224,049,547.40 | 0.79% |
| 2011 | $208,433,806,574.56 | 3.58% |
| 2012 | $213,742,772,748.93 | 2.55% |
| 2013 | $216,757,617,913.29 | 1.41% |
| 2014 | $221,772,806,098.14 | 2.31% |
| 2015 | $225,757,179,609.34 | 1.80% |
| 2016 | $226,533,168,175.32 | 0.34% |
| 2017 | $228,531,376,846.12 | 0.88% |
| 2018 | $231,741,362,553.60 | 1.40% |
| 2019 | $236,009,985,707.48 | 1.84% |
| 2020 | $243,887,260,600.29 | 3.34% |
| 2021 | $253,207,203,430.20 | 3.82% |
| 2022 | $277,452,272,510.72 | 9.58% |
| 2023 | $293,157,046,212.48 | 5.66% |
| 2024 | $299,716,893,758.93 | 2.24% |
| 2025 | $308,126,917,579.80 | 2.81% |
| 2026 | $313,529,871,367.32 | 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 |