According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 877.88% higher in 2026 versus 1967 (a $2,576,641,258.30 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 $293,506,292 in the year 1967 would cost $2,870,147,550.30 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 $293,506,292 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 | $293,506,292.00 | - |
| 1968 | $304,203,400.78 | 3.64% |
| 1969 | $319,305,201.42 | 4.96% |
| 1970 | $336,714,221.60 | 5.45% |
| 1971 | $347,061,751.66 | 3.07% |
| 1972 | $361,394,479.12 | 4.13% |
| 1973 | $409,426,595.03 | 13.29% |
| 1974 | $465,778,684.45 | 13.76% |
| 1975 | $505,071,332.40 | 8.44% |
| 1976 | $520,662,543.24 | 3.09% |
| 1977 | $551,705,133.44 | 5.96% |
| 1978 | $605,610,171.82 | 9.77% |
| 1979 | $670,491,981.96 | 10.71% |
| 1980 | $727,892,807.53 | 8.56% |
| 1981 | $784,454,644.17 | 7.77% |
| 1982 | $816,406,139.04 | 4.07% |
| 1983 | $834,584,232.40 | 2.23% |
| 1984 | $865,976,401.31 | 3.76% |
| 1985 | $886,182,051.24 | 2.33% |
| 1986 | $915,057,253.38 | 3.26% |
| 1987 | $952,322,344.77 | 4.07% |
| 1988 | $991,614,992.72 | 4.13% |
| 1989 | $1,047,827,250.64 | 5.67% |
| 1990 | $1,108,164,537.45 | 5.76% |
| 1991 | $1,147,666,932.63 | 3.56% |
| 1992 | $1,163,537,806.45 | 1.38% |
| 1993 | $1,187,868,485.25 | 2.09% |
| 1994 | $1,215,485,204.01 | 2.32% |
| 1995 | $1,248,974,845.23 | 2.76% |
| 1996 | $1,289,595,892.32 | 3.25% |
| 1997 | $1,323,435,112.26 | 2.62% |
| 1998 | $1,351,541,241.22 | 2.12% |
| 1999 | $1,380,626,190.60 | 2.15% |
| 2000 | $1,412,507,769.72 | 2.31% |
| 2001 | $1,456,205,109.52 | 3.09% |
| 2002 | $1,482,982,839.35 | 1.84% |
| 2003 | $1,514,724,586.99 | 2.14% |
| 2004 | $1,565,832,995.62 | 3.37% |
| 2005 | $1,603,867,160.19 | 2.43% |
| 2006 | $1,641,481,830.29 | 2.35% |
| 2007 | $1,705,660,987.21 | 3.91% |
| 2008 | $1,797,326,120.45 | 5.37% |
| 2009 | $1,831,087,034.76 | 1.88% |
| 2010 | $1,845,641,395.12 | 0.79% |
| 2011 | $1,911,769,802.97 | 3.58% |
| 2012 | $1,960,464,020.98 | 2.55% |
| 2013 | $1,988,116,396.77 | 1.41% |
| 2014 | $2,034,116,062.01 | 2.31% |
| 2015 | $2,070,661,021.23 | 1.80% |
| 2016 | $2,077,778,443.94 | 0.34% |
| 2017 | $2,096,106,156.99 | 0.88% |
| 2018 | $2,125,548,375.82 | 1.40% |
| 2019 | $2,164,700,493.12 | 1.84% |
| 2020 | $2,236,951,422.65 | 3.34% |
| 2021 | $2,322,434,605.83 | 3.82% |
| 2022 | $2,544,812,115.99 | 9.58% |
| 2023 | $2,688,857,425.23 | 5.66% |
| 2024 | $2,749,024,816.78 | 2.24% |
| 2025 | $2,826,162,157.63 | 2.81% |
| 2026 | $2,870,147,550.30 | 1.56%* |
* 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 | 342.096 |