According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $6,193,657,170,080.99 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 $704,000,000,000 in the year 1967 would cost $6,897,657,170,080.99 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 $704,000,000,000 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 | $704,000,000,000.00 | - |
| 1968 | $729,657,932,348.74 | 3.64% |
| 1969 | $765,880,895,664.60 | 4.96% |
| 1970 | $807,637,922,820.39 | 5.45% |
| 1971 | $832,457,360,647.93 | 3.07% |
| 1972 | $866,835,636,017.15 | 4.13% |
| 1973 | $982,044,783,230.11 | 13.29% |
| 1974 | $1,117,210,100,047.64 | 13.76% |
| 1975 | $1,211,456,884,230.59 | 8.44% |
| 1976 | $1,248,853,739,876.13 | 3.09% |
| 1977 | $1,323,312,053,358.74 | 5.96% |
| 1978 | $1,452,607,908,527.87 | 9.77% |
| 1979 | $1,608,232,491,662.70 | 10.71% |
| 1980 | $1,745,913,292,043.83 | 8.56% |
| 1981 | $1,881,581,705,574.08 | 7.77% |
| 1982 | $1,958,220,104,811.82 | 4.07% |
| 1983 | $2,001,821,819,914.25 | 2.23% |
| 1984 | $2,077,118,627,918.06 | 3.76% |
| 1985 | $2,125,583,611,243.45 | 2.33% |
| 1986 | $2,194,843,258,694.62 | 3.26% |
| 1987 | $2,284,226,774,654.60 | 4.07% |
| 1988 | $2,378,473,558,837.54 | 4.13% |
| 1989 | $2,513,303,477,846.59 | 5.67% |
| 1990 | $2,658,027,632,205.81 | 5.76% |
| 1991 | $2,752,777,513,101.48 | 3.56% |
| 1992 | $2,790,845,164,363.98 | 1.38% |
| 1993 | $2,849,204,383,039.54 | 2.09% |
| 1994 | $2,915,445,450,214.39 | 2.32% |
| 1995 | $2,995,773,225,345.40 | 2.76% |
| 1996 | $3,093,206,288,708.91 | 3.25% |
| 1997 | $3,174,372,558,361.12 | 2.62% |
| 1998 | $3,241,787,517,865.65 | 2.12% |
| 1999 | $3,311,550,262,029.54 | 2.15% |
| 2000 | $3,388,020,962,363.03 | 2.31% |
| 2001 | $3,492,832,777,513.10 | 3.09% |
| 2002 | $3,557,061,457,837.07 | 1.84% |
| 2003 | $3,633,196,760,362.08 | 2.14% |
| 2004 | $3,755,784,659,361.60 | 3.37% |
| 2005 | $3,847,012,863,268.22 | 2.43% |
| 2006 | $3,937,234,873,749.40 | 2.35% |
| 2007 | $4,091,174,082,896.62 | 3.91% |
| 2008 | $4,311,040,762,267.75 | 5.37% |
| 2009 | $4,392,019,209,147.21 | 1.88% |
| 2010 | $4,426,929,090,042.88 | 0.79% |
| 2011 | $4,585,543,744,640.31 | 3.58% |
| 2012 | $4,702,341,000,476.42 | 2.55% |
| 2013 | $4,768,667,594,092.43 | 1.41% |
| 2014 | $4,879,001,734,159.12 | 2.31% |
| 2015 | $4,966,657,951,405.43 | 1.80% |
| 2016 | $4,983,729,699,857.07 | 0.34% |
| 2017 | $5,027,690,290,614.58 | 0.88% |
| 2018 | $5,098,309,976,179.13 | 1.40% |
| 2019 | $5,192,219,685,564.55 | 1.84% |
| 2020 | $5,365,519,733,206.29 | 3.34% |
| 2021 | $5,570,558,475,464.51 | 3.82% |
| 2022 | $6,103,949,995,235.83 | 9.58% |
| 2023 | $6,449,455,016,674.61 | 5.66% |
| 2024 | $6,593,771,662,696.52 | 2.24% |
| 2025 | $6,778,792,186,755.60 | 2.81% |
| 2026 | $6,897,657,170,080.99 | 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 |