According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $20,234,959,504.53 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 $2,300,000,000 in the year 1967 would cost $22,534,959,504.53 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 $2,300,000,000 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 | $2,300,000,000.00 | - |
| 1968 | $2,383,825,631.25 | 3.64% |
| 1969 | $2,502,167,698.90 | 4.96% |
| 1970 | $2,638,589,804.67 | 5.45% |
| 1971 | $2,719,676,036.21 | 3.07% |
| 1972 | $2,831,991,424.49 | 4.13% |
| 1973 | $3,208,384,945.21 | 13.29% |
| 1974 | $3,649,976,179.13 | 13.76% |
| 1975 | $3,957,884,707.00 | 8.44% |
| 1976 | $4,080,061,934.25 | 3.09% |
| 1977 | $4,323,320,628.87 | 5.96% |
| 1978 | $4,745,736,064.79 | 9.77% |
| 1979 | $5,254,168,651.74 | 10.71% |
| 1980 | $5,703,978,084.80 | 8.56% |
| 1981 | $6,147,212,958.55 | 7.77% |
| 1982 | $6,397,594,092.42 | 4.07% |
| 1983 | $6,540,042,877.56 | 2.23% |
| 1984 | $6,786,040,971.89 | 3.76% |
| 1985 | $6,944,378,275.37 | 2.33% |
| 1986 | $7,170,652,691.76 | 3.26% |
| 1987 | $7,462,672,701.29 | 4.07% |
| 1988 | $7,770,581,229.16 | 4.13% |
| 1989 | $8,211,076,703.19 | 5.67% |
| 1990 | $8,683,897,093.85 | 5.76% |
| 1991 | $8,993,449,261.55 | 3.56% |
| 1992 | $9,117,818,008.58 | 1.38% |
| 1993 | $9,308,480,228.68 | 2.09% |
| 1994 | $9,524,892,806.10 | 2.32% |
| 1995 | $9,787,327,298.71 | 2.76% |
| 1996 | $10,105,645,545.50 | 3.25% |
| 1997 | $10,370,819,437.83 | 2.62% |
| 1998 | $10,591,067,174.85 | 2.12% |
| 1999 | $10,818,985,231.06 | 2.15% |
| 2000 | $11,068,818,484.99 | 2.31% |
| 2001 | $11,411,243,449.26 | 3.09% |
| 2002 | $11,621,081,467.37 | 1.84% |
| 2003 | $11,869,818,961.41 | 2.14% |
| 2004 | $12,270,319,199.62 | 3.37% |
| 2005 | $12,568,365,888.52 | 2.43% |
| 2006 | $12,863,125,297.76 | 2.35% |
| 2007 | $13,366,051,691.28 | 3.91% |
| 2008 | $14,084,366,126.73 | 5.37% |
| 2009 | $14,348,926,393.52 | 1.88% |
| 2010 | $14,462,978,561.22 | 0.79% |
| 2011 | $14,981,179,847.55 | 3.58% |
| 2012 | $15,362,761,791.33 | 2.55% |
| 2013 | $15,579,453,787.52 | 1.41% |
| 2014 | $15,939,920,438.30 | 2.31% |
| 2015 | $16,226,297,284.42 | 1.80% |
| 2016 | $16,282,071,462.60 | 0.34% |
| 2017 | $16,425,692,710.81 | 0.88% |
| 2018 | $16,656,410,433.54 | 1.40% |
| 2019 | $16,963,217,722.73 | 1.84% |
| 2020 | $17,529,396,855.65 | 3.34% |
| 2021 | $18,199,267,746.55 | 3.82% |
| 2022 | $19,941,882,086.71 | 9.58% |
| 2023 | $21,070,662,696.52 | 5.66% |
| 2024 | $21,542,151,738.92 | 2.24% |
| 2025 | $22,146,622,201.05 | 2.81% |
| 2026 | $22,534,959,504.53 | 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 |