According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $121,607,374,940.45 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 $14,000,000,000 in the year 1967 would cost $135,607,374,940.45 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 $14,000,000,000 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 | $14,000,000,000.00 | - |
| 1968 | $14,510,242,972.84 | 3.64% |
| 1969 | $15,230,585,993.33 | 4.96% |
| 1970 | $16,060,981,419.72 | 5.45% |
| 1971 | $16,554,549,785.61 | 3.07% |
| 1972 | $17,238,208,670.80 | 4.13% |
| 1973 | $19,529,299,666.51 | 13.29% |
| 1974 | $22,217,246,307.77 | 13.76% |
| 1975 | $24,091,472,129.59 | 8.44% |
| 1976 | $24,835,159,599.81 | 3.09% |
| 1977 | $26,315,864,697.47 | 5.96% |
| 1978 | $28,887,089,090.04 | 9.77% |
| 1979 | $31,981,896,141.02 | 10.71% |
| 1980 | $34,719,866,603.14 | 8.56% |
| 1981 | $37,417,818,008.58 | 7.77% |
| 1982 | $38,941,877,084.33 | 4.07% |
| 1983 | $39,808,956,646.02 | 2.23% |
| 1984 | $41,306,336,350.64 | 3.76% |
| 1985 | $42,270,128,632.68 | 2.33% |
| 1986 | $43,647,451,167.22 | 3.26% |
| 1987 | $45,424,964,268.70 | 4.07% |
| 1988 | $47,299,190,090.52 | 4.13% |
| 1989 | $49,980,466,888.99 | 5.67% |
| 1990 | $52,858,504,049.55 | 5.76% |
| 1991 | $54,742,734,635.54 | 3.56% |
| 1992 | $55,499,761,791.33 | 1.38% |
| 1993 | $56,660,314,435.45 | 2.09% |
| 1994 | $57,977,608,384.95 | 2.32% |
| 1995 | $59,575,035,731.30 | 2.76% |
| 1996 | $61,512,625,059.55 | 3.25% |
| 1997 | $63,126,727,012.86 | 2.62% |
| 1998 | $64,467,365,412.10 | 2.12% |
| 1999 | $65,854,692,710.81 | 2.15% |
| 2000 | $67,375,416,865.17 | 2.31% |
| 2001 | $69,459,742,734.64 | 3.09% |
| 2002 | $70,737,017,627.44 | 1.84% |
| 2003 | $72,251,071,939.02 | 2.14% |
| 2004 | $74,688,899,475.94 | 3.37% |
| 2005 | $76,503,096,712.72 | 2.43% |
| 2006 | $78,297,284,421.15 | 2.35% |
| 2007 | $81,358,575,512.15 | 3.91% |
| 2008 | $85,730,924,249.64 | 5.37% |
| 2009 | $87,341,291,091.00 | 1.88% |
| 2010 | $88,035,521,676.99 | 0.79% |
| 2011 | $91,189,790,376.37 | 3.58% |
| 2012 | $93,512,463,077.66 | 2.55% |
| 2013 | $94,831,457,837.07 | 1.41% |
| 2014 | $97,025,602,667.94 | 2.31% |
| 2015 | $98,768,766,079.09 | 1.80% |
| 2016 | $99,108,261,076.70 | 0.34% |
| 2017 | $99,982,477,370.18 | 0.88% |
| 2018 | $101,386,846,117.20 | 1.40% |
| 2019 | $103,254,368,747.02 | 1.84% |
| 2020 | $106,700,676,512.63 | 3.34% |
| 2021 | $110,778,151,500.71 | 3.82% |
| 2022 | $121,385,369,223.44 | 9.58% |
| 2023 | $128,256,207,717.96 | 5.66% |
| 2024 | $131,126,141,019.53 | 2.24% |
| 2025 | $134,662,670,535.75 | 2.70% |
| 2026 | $135,607,374,940.45 | 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 |