According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $406,458,751,786.57 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 $46,200,000,000 in the year 1967 would cost $452,658,751,786.57 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 $46,200,000,000 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 | $46,200,000,000.00 | - |
| 1968 | $47,883,801,810.39 | 3.64% |
| 1969 | $50,260,933,777.99 | 4.96% |
| 1970 | $53,001,238,685.09 | 5.45% |
| 1971 | $54,630,014,292.52 | 3.07% |
| 1972 | $56,886,088,613.63 | 4.13% |
| 1973 | $64,446,688,899.48 | 13.29% |
| 1974 | $73,316,912,815.63 | 13.76% |
| 1975 | $79,501,858,027.63 | 8.44% |
| 1976 | $81,956,026,679.37 | 3.09% |
| 1977 | $86,842,353,501.67 | 5.96% |
| 1978 | $95,327,393,997.14 | 9.77% |
| 1979 | $105,540,257,265.36 | 10.71% |
| 1980 | $114,575,559,790.38 | 8.56% |
| 1981 | $123,478,799,428.30 | 7.77% |
| 1982 | $128,508,194,378.28 | 4.07% |
| 1983 | $131,369,556,931.87 | 2.23% |
| 1984 | $136,310,909,957.12 | 3.76% |
| 1985 | $139,491,424,487.85 | 2.33% |
| 1986 | $144,036,588,851.83 | 3.26% |
| 1987 | $149,902,382,086.71 | 4.07% |
| 1988 | $156,087,327,298.71 | 4.13% |
| 1989 | $164,935,540,733.68 | 5.67% |
| 1990 | $174,433,063,363.51 | 5.76% |
| 1991 | $180,651,024,297.28 | 3.56% |
| 1992 | $183,149,213,911.39 | 1.38% |
| 1993 | $186,979,037,636.97 | 2.09% |
| 1994 | $191,326,107,670.32 | 2.32% |
| 1995 | $196,597,617,913.29 | 2.76% |
| 1996 | $202,991,662,696.52 | 3.25% |
| 1997 | $208,318,199,142.45 | 2.62% |
| 1998 | $212,742,305,859.93 | 2.12% |
| 1999 | $217,320,485,945.69 | 2.15% |
| 2000 | $222,338,875,655.07 | 2.31% |
| 2001 | $229,217,151,024.30 | 3.09% |
| 2002 | $233,432,158,170.56 | 1.84% |
| 2003 | $238,428,537,398.76 | 2.14% |
| 2004 | $246,473,368,270.61 | 3.37% |
| 2005 | $252,460,219,151.98 | 2.43% |
| 2006 | $258,381,038,589.80 | 2.35% |
| 2007 | $268,483,299,190.09 | 3.91% |
| 2008 | $282,912,050,023.82 | 5.37% |
| 2009 | $288,226,260,600.29 | 1.88% |
| 2010 | $290,517,221,534.06 | 0.79% |
| 2011 | $300,926,308,242.02 | 3.58% |
| 2012 | $308,591,128,156.26 | 2.55% |
| 2013 | $312,943,810,862.32 | 1.41% |
| 2014 | $320,184,488,804.19 | 2.31% |
| 2015 | $325,936,928,060.98 | 1.80% |
| 2016 | $327,057,261,553.12 | 0.34% |
| 2017 | $329,942,175,321.58 | 0.88% |
| 2018 | $334,576,592,186.76 | 1.40% |
| 2019 | $340,739,416,865.17 | 1.84% |
| 2020 | $352,112,232,491.66 | 3.34% |
| 2021 | $365,567,899,952.36 | 3.82% |
| 2022 | $400,571,718,437.35 | 9.58% |
| 2023 | $423,245,485,469.27 | 5.66% |
| 2024 | $432,716,265,364.46 | 2.24% |
| 2025 | $444,858,237,255.84 | 2.81% |
| 2026 | $452,658,751,786.57 | 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 |