According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $5,630,597,427.35 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 $640,000,000 in the year 1967 would cost $6,270,597,427.35 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 $640,000,000 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 | $640,000,000.00 | - |
| 1968 | $663,325,393.04 | 3.64% |
| 1969 | $696,255,359.70 | 4.96% |
| 1970 | $734,216,293.47 | 5.45% |
| 1971 | $756,779,418.77 | 3.07% |
| 1972 | $788,032,396.38 | 4.13% |
| 1973 | $892,767,984.75 | 13.29% |
| 1974 | $1,015,645,545.50 | 13.76% |
| 1975 | $1,101,324,440.21 | 8.44% |
| 1976 | $1,135,321,581.71 | 3.09% |
| 1977 | $1,203,010,957.60 | 5.96% |
| 1978 | $1,320,552,644.12 | 9.77% |
| 1979 | $1,462,029,537.88 | 10.71% |
| 1980 | $1,587,193,901.86 | 8.56% |
| 1981 | $1,710,528,823.25 | 7.77% |
| 1982 | $1,780,200,095.28 | 4.07% |
| 1983 | $1,819,838,018.10 | 2.23% |
| 1984 | $1,888,289,661.74 | 3.76% |
| 1985 | $1,932,348,737.49 | 2.33% |
| 1986 | $1,995,312,053.36 | 3.26% |
| 1987 | $2,076,569,795.14 | 4.07% |
| 1988 | $2,162,248,689.85 | 4.13% |
| 1989 | $2,284,821,343.50 | 5.67% |
| 1990 | $2,416,388,756.55 | 5.76% |
| 1991 | $2,502,525,011.91 | 3.56% |
| 1992 | $2,537,131,967.60 | 1.38% |
| 1993 | $2,590,185,802.76 | 2.09% |
| 1994 | $2,650,404,954.74 | 2.32% |
| 1995 | $2,723,430,204.86 | 2.76% |
| 1996 | $2,812,005,717.01 | 3.25% |
| 1997 | $2,885,793,234.87 | 2.62% |
| 1998 | $2,947,079,561.70 | 2.12% |
| 1999 | $3,010,500,238.21 | 2.15% |
| 2000 | $3,080,019,056.69 | 2.31% |
| 2001 | $3,175,302,525.01 | 3.09% |
| 2002 | $3,233,692,234.40 | 1.84% |
| 2003 | $3,302,906,145.78 | 2.14% |
| 2004 | $3,414,349,690.33 | 3.37% |
| 2005 | $3,497,284,421.15 | 2.43% |
| 2006 | $3,579,304,430.68 | 2.35% |
| 2007 | $3,719,249,166.27 | 3.91% |
| 2008 | $3,919,127,965.70 | 5.37% |
| 2009 | $3,992,744,735.59 | 1.88% |
| 2010 | $4,024,480,990.95 | 0.79% |
| 2011 | $4,168,676,131.49 | 3.58% |
| 2012 | $4,274,855,454.98 | 2.55% |
| 2013 | $4,335,152,358.27 | 1.41% |
| 2014 | $4,435,456,121.96 | 2.31% |
| 2015 | $4,515,143,592.19 | 1.80% |
| 2016 | $4,530,663,363.51 | 0.34% |
| 2017 | $4,570,627,536.92 | 0.88% |
| 2018 | $4,634,827,251.07 | 1.40% |
| 2019 | $4,720,199,714.15 | 1.84% |
| 2020 | $4,877,745,212.01 | 3.34% |
| 2021 | $5,064,144,068.60 | 3.82% |
| 2022 | $5,549,045,450.21 | 9.58% |
| 2023 | $5,863,140,924.25 | 5.66% |
| 2024 | $5,994,337,875.18 | 2.24% |
| 2025 | $6,162,538,351.60 | 2.81% |
| 2026 | $6,270,597,427.35 | 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 |