According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 877.88% higher in 2026 versus 1967 (a $333,595,464,506.91 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 $38,000,000,000 in the year 1967 would cost $371,595,464,506.91 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 $38,000,000,000 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 | $38,000,000,000.00 | - |
| 1968 | $39,384,945,212.01 | 3.64% |
| 1969 | $41,340,161,981.90 | 4.96% |
| 1970 | $43,594,092,424.96 | 5.45% |
| 1971 | $44,933,777,989.52 | 3.07% |
| 1972 | $46,789,423,535.02 | 4.13% |
| 1973 | $53,008,099,094.81 | 13.29% |
| 1974 | $60,303,954,263.94 | 13.76% |
| 1975 | $65,391,138,637.45 | 8.44% |
| 1976 | $67,409,718,913.77 | 3.09% |
| 1977 | $71,428,775,607.43 | 5.96% |
| 1978 | $78,407,813,244.40 | 9.77% |
| 1979 | $86,808,003,811.34 | 10.71% |
| 1980 | $94,239,637,922.82 | 8.56% |
| 1981 | $101,562,648,880.42 | 7.77% |
| 1982 | $105,699,380,657.46 | 4.07% |
| 1983 | $108,052,882,324.92 | 2.23% |
| 1984 | $112,117,198,666.03 | 3.76% |
| 1985 | $114,733,206,288.71 | 2.33% |
| 1986 | $118,471,653,168.18 | 3.26% |
| 1987 | $123,296,331,586.47 | 4.07% |
| 1988 | $128,383,515,959.98 | 4.13% |
| 1989 | $135,661,267,270.13 | 5.67% |
| 1990 | $143,473,082,420.20 | 5.76% |
| 1991 | $148,587,422,582.18 | 3.56% |
| 1992 | $150,642,210,576.47 | 1.38% |
| 1993 | $153,792,282,039.07 | 2.09% |
| 1994 | $157,367,794,187.71 | 2.32% |
| 1995 | $161,703,668,413.53 | 2.76% |
| 1996 | $166,962,839,447.36 | 3.25% |
| 1997 | $171,343,973,320.63 | 2.62% |
| 1998 | $174,982,848,975.70 | 2.12% |
| 1999 | $178,748,451,643.64 | 2.15% |
| 2000 | $182,876,131,491.19 | 2.31% |
| 2001 | $188,533,587,422.58 | 3.09% |
| 2002 | $192,000,476,417.34 | 1.84% |
| 2003 | $196,110,052,405.91 | 2.14% |
| 2004 | $202,727,012,863.27 | 3.37% |
| 2005 | $207,651,262,505.96 | 2.43% |
| 2006 | $212,521,200,571.70 | 2.35% |
| 2007 | $220,830,419,247.26 | 3.91% |
| 2008 | $232,698,222,963.32 | 5.37% |
| 2009 | $237,069,218,675.56 | 1.88% |
| 2010 | $238,953,558,837.54 | 0.79% |
| 2011 | $247,515,145,307.29 | 3.58% |
| 2012 | $253,819,542,639.35 | 2.55% |
| 2013 | $257,399,671,272.03 | 1.41% |
| 2014 | $263,355,207,241.54 | 2.31% |
| 2015 | $268,086,650,786.09 | 1.80% |
| 2016 | $269,008,137,208.19 | 0.34% |
| 2017 | $271,381,010,004.76 | 0.88% |
| 2018 | $275,192,868,032.40 | 1.40% |
| 2019 | $280,261,858,027.63 | 1.84% |
| 2020 | $289,616,121,962.84 | 3.34% |
| 2021 | $300,683,554,073.37 | 3.82% |
| 2022 | $329,474,573,606.48 | 9.58% |
| 2023 | $348,123,992,377.32 | 5.66% |
| 2024 | $355,913,811,338.73 | 2.24% |
| 2025 | $365,900,714,626.01 | 2.81% |
| 2026 | $371,595,464,506.91 | 1.56%* |
* 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 | 342.096 |