According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $4,843,193,568.37 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 $550,500,000 in the year 1967 would cost $5,393,693,568.37 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 $550,500,000 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 | $550,500,000.00 | - |
| 1968 | $570,563,482.61 | 3.64% |
| 1969 | $598,888,399.24 | 4.96% |
| 1970 | $631,540,733.68 | 5.45% |
| 1971 | $650,948,546.93 | 3.07% |
| 1972 | $677,830,990.95 | 4.13% |
| 1973 | $767,919,961.89 | 13.29% |
| 1974 | $873,613,863.74 | 13.76% |
| 1975 | $947,311,100.52 | 8.44% |
| 1976 | $976,553,954.26 | 3.09% |
| 1977 | $1,034,777,394.00 | 5.96% |
| 1978 | $1,135,881,610.29 | 9.77% |
| 1979 | $1,257,573,844.69 | 10.71% |
| 1980 | $1,365,234,754.65 | 8.56% |
| 1981 | $1,471,322,058.12 | 7.77% |
| 1982 | $1,531,250,238.21 | 4.07% |
| 1983 | $1,565,345,045.26 | 2.23% |
| 1984 | $1,624,224,154.36 | 3.76% |
| 1985 | $1,662,121,843.74 | 2.33% |
| 1986 | $1,716,280,133.40 | 3.26% |
| 1987 | $1,786,174,487.85 | 4.07% |
| 1988 | $1,859,871,724.63 | 4.13% |
| 1989 | $1,965,303,358.74 | 5.67% |
| 1990 | $2,078,471,891.38 | 5.76% |
| 1991 | $2,152,562,529.78 | 3.56% |
| 1992 | $2,182,329,919.01 | 1.38% |
| 1993 | $2,227,964,506.91 | 2.09% |
| 1994 | $2,279,762,386.85 | 2.32% |
| 1995 | $2,342,575,512.15 | 2.76% |
| 1996 | $2,418,764,292.52 | 3.25% |
| 1997 | $2,482,233,087.18 | 2.62% |
| 1998 | $2,534,948,904.24 | 2.12% |
| 1999 | $2,589,500,595.52 | 2.15% |
| 2000 | $2,649,297,641.73 | 2.31% |
| 2001 | $2,731,256,312.53 | 3.09% |
| 2002 | $2,781,480,585.99 | 1.84% |
| 2003 | $2,841,015,364.46 | 2.14% |
| 2004 | $2,936,874,225.82 | 3.37% |
| 2005 | $3,008,211,052.88 | 2.43% |
| 2006 | $3,078,761,076.70 | 2.35% |
| 2007 | $3,199,135,415.67 | 3.91% |
| 2008 | $3,371,062,414.24 | 5.37% |
| 2009 | $3,434,384,338.97 | 1.88% |
| 2010 | $3,461,682,477.37 | 0.79% |
| 2011 | $3,585,712,828.73 | 3.58% |
| 2012 | $3,677,043,637.45 | 2.55% |
| 2013 | $3,728,908,395.66 | 1.41% |
| 2014 | $3,815,185,304.91 | 2.31% |
| 2015 | $3,883,728,980.47 | 1.80% |
| 2016 | $3,897,078,408.77 | 0.34% |
| 2017 | $3,931,453,842.31 | 0.88% |
| 2018 | $3,986,675,627.68 | 1.40% |
| 2019 | $4,060,109,285.37 | 1.84% |
| 2020 | $4,195,623,030.01 | 3.34% |
| 2021 | $4,355,955,171.51 | 3.82% |
| 2022 | $4,773,046,125.54 | 9.58% |
| 2023 | $5,043,217,310.62 | 5.66% |
| 2024 | $5,156,067,187.95 | 2.24% |
| 2025 | $5,300,745,878.99 | 2.81% |
| 2026 | $5,393,693,568.37 | 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 |