According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $3,642,292,710,814.67 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 $414,000,000,000 in the year 1967 would cost $4,056,292,710,814.67 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 $414,000,000,000 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 | $414,000,000,000.00 | - |
| 1968 | $429,088,613,625.54 | 3.64% |
| 1969 | $450,390,185,802.76 | 4.96% |
| 1970 | $474,946,164,840.40 | 5.45% |
| 1971 | $489,541,686,517.39 | 3.07% |
| 1972 | $509,758,456,407.81 | 4.13% |
| 1973 | $577,509,290,138.16 | 13.29% |
| 1974 | $656,995,712,243.93 | 13.76% |
| 1975 | $712,419,247,260.60 | 8.44% |
| 1976 | $734,411,148,165.79 | 3.09% |
| 1977 | $778,197,713,196.76 | 5.96% |
| 1978 | $854,232,491,662.70 | 9.77% |
| 1979 | $945,750,357,313.01 | 10.71% |
| 1980 | $1,026,716,055,264.41 | 8.56% |
| 1981 | $1,106,498,332,539.30 | 7.77% |
| 1982 | $1,151,566,936,636.49 | 4.07% |
| 1983 | $1,177,207,717,960.93 | 2.23% |
| 1984 | $1,221,487,374,940.45 | 3.76% |
| 1985 | $1,249,988,089,566.46 | 2.33% |
| 1986 | $1,290,717,484,516.44 | 3.26% |
| 1987 | $1,343,281,086,231.54 | 4.07% |
| 1988 | $1,398,704,621,248.21 | 4.13% |
| 1989 | $1,477,993,806,574.56 | 5.67% |
| 1990 | $1,563,101,476,893.76 | 5.76% |
| 1991 | $1,618,820,867,079.56 | 3.56% |
| 1992 | $1,641,207,241,543.59 | 1.38% |
| 1993 | $1,675,526,441,162.46 | 2.09% |
| 1994 | $1,714,480,705,097.67 | 2.32% |
| 1995 | $1,761,718,913,768.46 | 2.76% |
| 1996 | $1,819,016,198,189.61 | 3.25% |
| 1997 | $1,866,747,498,808.96 | 2.62% |
| 1998 | $1,906,392,091,472.13 | 2.12% |
| 1999 | $1,947,417,341,591.23 | 2.15% |
| 2000 | $1,992,387,327,298.71 | 2.31% |
| 2001 | $2,054,023,820,867.08 | 3.09% |
| 2002 | $2,091,794,664,125.77 | 1.84% |
| 2003 | $2,136,567,413,053.84 | 2.14% |
| 2004 | $2,208,657,455,931.40 | 3.37% |
| 2005 | $2,262,305,859,933.30 | 2.43% |
| 2006 | $2,315,362,553,596.95 | 2.35% |
| 2007 | $2,405,889,304,430.68 | 3.91% |
| 2008 | $2,535,185,902,810.86 | 5.37% |
| 2009 | $2,582,806,750,833.73 | 1.88% |
| 2010 | $2,603,336,141,019.53 | 0.79% |
| 2011 | $2,696,612,372,558.36 | 3.58% |
| 2012 | $2,765,297,122,439.26 | 2.55% |
| 2013 | $2,804,301,681,753.22 | 1.41% |
| 2014 | $2,869,185,678,894.71 | 2.31% |
| 2015 | $2,920,733,511,195.81 | 1.80% |
| 2016 | $2,930,772,863,268.22 | 0.34% |
| 2017 | $2,956,624,687,946.64 | 0.88% |
| 2018 | $2,998,153,878,037.16 | 1.40% |
| 2019 | $3,053,379,190,090.52 | 1.84% |
| 2020 | $3,155,291,434,016.20 | 3.34% |
| 2021 | $3,275,868,194,378.28 | 3.82% |
| 2022 | $3,589,538,775,607.43 | 9.58% |
| 2023 | $3,792,719,285,373.99 | 5.66% |
| 2024 | $3,877,587,313,006.19 | 2.24% |
| 2025 | $3,986,391,996,188.66 | 2.81% |
| 2026 | $4,056,292,710,814.67 | 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 |