According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $8,181,961,886.61 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 $930,000,000 in the year 1967 would cost $9,111,961,886.61 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 $930,000,000 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 | $930,000,000.00 | - |
| 1968 | $963,894,711.77 | 3.64% |
| 1969 | $1,011,746,069.56 | 4.96% |
| 1970 | $1,066,908,051.45 | 5.45% |
| 1971 | $1,099,695,092.90 | 3.07% |
| 1972 | $1,145,109,575.99 | 4.13% |
| 1973 | $1,297,303,477.85 | 13.29% |
| 1974 | $1,475,859,933.30 | 13.76% |
| 1975 | $1,600,362,077.18 | 8.44% |
| 1976 | $1,649,764,173.42 | 3.09% |
| 1977 | $1,748,125,297.76 | 5.96% |
| 1978 | $1,918,928,060.98 | 9.77% |
| 1979 | $2,124,511,672.22 | 10.71% |
| 1980 | $2,306,391,138.64 | 8.56% |
| 1981 | $2,485,612,196.28 | 7.77% |
| 1982 | $2,586,853,263.46 | 4.07% |
| 1983 | $2,644,452,120.06 | 2.23% |
| 1984 | $2,743,920,914.72 | 3.76% |
| 1985 | $2,807,944,259.17 | 2.33% |
| 1986 | $2,899,437,827.54 | 3.26% |
| 1987 | $3,017,515,483.56 | 4.07% |
| 1988 | $3,142,017,627.44 | 4.13% |
| 1989 | $3,320,131,014.77 | 5.67% |
| 1990 | $3,511,314,911.86 | 5.76% |
| 1991 | $3,636,481,657.93 | 3.56% |
| 1992 | $3,686,769,890.42 | 1.38% |
| 1993 | $3,763,863,744.64 | 2.09% |
| 1994 | $3,851,369,699.86 | 2.32% |
| 1995 | $3,957,484,516.44 | 2.76% |
| 1996 | $4,086,195,807.53 | 3.25% |
| 1997 | $4,193,418,294.43 | 2.62% |
| 1998 | $4,282,474,988.09 | 2.12% |
| 1999 | $4,374,633,158.65 | 2.15% |
| 2000 | $4,475,652,691.76 | 2.31% |
| 2001 | $4,614,111,481.66 | 3.09% |
| 2002 | $4,698,959,028.11 | 1.84% |
| 2003 | $4,799,535,493.09 | 2.14% |
| 2004 | $4,961,476,893.76 | 3.37% |
| 2005 | $5,081,991,424.49 | 2.43% |
| 2006 | $5,201,176,750.83 | 2.35% |
| 2007 | $5,404,533,944.74 | 3.91% |
| 2008 | $5,694,982,825.15 | 5.37% |
| 2009 | $5,801,957,193.90 | 1.88% |
| 2010 | $5,848,073,939.97 | 0.79% |
| 2011 | $6,057,607,503.57 | 3.58% |
| 2012 | $6,211,899,333.02 | 2.55% |
| 2013 | $6,299,518,270.61 | 1.41% |
| 2014 | $6,445,272,177.23 | 2.31% |
| 2015 | $6,561,068,032.40 | 1.80% |
| 2016 | $6,583,620,200.10 | 0.34% |
| 2017 | $6,641,693,139.59 | 0.88% |
| 2018 | $6,734,983,349.21 | 1.40% |
| 2019 | $6,859,040,209.62 | 1.84% |
| 2020 | $7,087,973,511.20 | 3.34% |
| 2021 | $7,358,834,349.69 | 3.82% |
| 2022 | $8,063,456,669.84 | 9.58% |
| 2023 | $8,519,876,655.55 | 5.66% |
| 2024 | $8,710,522,224.87 | 2.24% |
| 2025 | $8,954,938,542.16 | 2.81% |
| 2026 | $9,111,961,886.61 | 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 |