According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 877.88% higher in 2026 versus 1967 (a $553,066,164,840.40 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 $63,000,000,000 in the year 1967 would cost $616,066,164,840.40 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 $63,000,000,000 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 | $63,000,000,000.00 | - |
| 1968 | $65,296,093,377.80 | 3.64% |
| 1969 | $68,537,636,969.99 | 4.96% |
| 1970 | $72,274,416,388.76 | 5.45% |
| 1971 | $74,495,474,035.25 | 3.07% |
| 1972 | $77,571,939,018.58 | 4.13% |
| 1973 | $87,881,848,499.29 | 13.29% |
| 1974 | $99,977,608,384.95 | 13.76% |
| 1975 | $108,411,624,583.13 | 8.44% |
| 1976 | $111,758,218,199.14 | 3.09% |
| 1977 | $118,421,391,138.64 | 5.96% |
| 1978 | $129,991,900,905.19 | 9.77% |
| 1979 | $143,918,532,634.59 | 10.71% |
| 1980 | $156,239,399,714.15 | 8.56% |
| 1981 | $168,380,181,038.59 | 7.77% |
| 1982 | $175,238,446,879.47 | 4.07% |
| 1983 | $179,140,304,907.10 | 2.23% |
| 1984 | $185,878,513,577.89 | 3.76% |
| 1985 | $190,215,578,847.07 | 2.33% |
| 1986 | $196,413,530,252.50 | 3.26% |
| 1987 | $204,412,339,209.15 | 4.07% |
| 1988 | $212,846,355,407.34 | 4.13% |
| 1989 | $224,912,101,000.48 | 5.67% |
| 1990 | $237,863,268,222.96 | 5.76% |
| 1991 | $246,342,305,859.93 | 3.56% |
| 1992 | $249,748,928,060.98 | 1.38% |
| 1993 | $254,971,414,959.50 | 2.09% |
| 1994 | $260,899,237,732.25 | 2.32% |
| 1995 | $268,087,660,790.85 | 2.76% |
| 1996 | $276,806,812,767.98 | 3.25% |
| 1997 | $284,070,271,557.88 | 2.62% |
| 1998 | $290,103,144,354.45 | 2.12% |
| 1999 | $296,346,117,198.67 | 2.15% |
| 2000 | $303,189,375,893.28 | 2.31% |
| 2001 | $312,568,842,305.86 | 3.09% |
| 2002 | $318,316,579,323.49 | 1.84% |
| 2003 | $325,129,823,725.58 | 2.14% |
| 2004 | $336,100,047,641.73 | 3.37% |
| 2005 | $344,263,935,207.24 | 2.43% |
| 2006 | $352,337,779,895.19 | 2.35% |
| 2007 | $366,113,589,804.67 | 3.91% |
| 2008 | $385,789,159,123.39 | 5.37% |
| 2009 | $393,035,809,909.48 | 1.88% |
| 2010 | $396,159,847,546.45 | 0.79% |
| 2011 | $410,354,056,693.66 | 3.58% |
| 2012 | $420,806,083,849.45 | 2.55% |
| 2013 | $426,741,560,266.79 | 1.41% |
| 2014 | $436,615,212,005.72 | 2.31% |
| 2015 | $444,459,447,355.88 | 1.80% |
| 2016 | $445,987,174,845.16 | 0.34% |
| 2017 | $449,921,148,165.79 | 0.88% |
| 2018 | $456,240,807,527.39 | 1.40% |
| 2019 | $464,644,659,361.60 | 1.84% |
| 2020 | $480,153,044,306.81 | 3.34% |
| 2021 | $498,501,681,753.22 | 3.82% |
| 2022 | $546,234,161,505.48 | 9.58% |
| 2023 | $577,152,934,730.82 | 5.66% |
| 2024 | $590,067,634,587.90 | 2.24% |
| 2025 | $606,624,868,985.23 | 2.81% |
| 2026 | $616,066,164,840.40 | 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 |