According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $6,579,553,463.94 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 $747,862,775 in the year 1967 would cost $7,327,416,238.94 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 $747,862,775 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 | $747,862,775.00 | - |
| 1968 | $775,119,326.83 | 3.64% |
| 1969 | $813,599,164.70 | 4.96% |
| 1970 | $857,957,866.70 | 5.45% |
| 1971 | $884,323,681.54 | 3.07% |
| 1972 | $920,843,898.04 | 4.13% |
| 1973 | $1,043,231,160.17 | 13.29% |
| 1974 | $1,186,817,962.61 | 13.76% |
| 1975 | $1,286,936,800.05 | 8.44% |
| 1976 | $1,326,663,669.71 | 3.09% |
| 1977 | $1,405,761,114.23 | 5.96% |
| 1978 | $1,543,112,757.75 | 9.77% |
| 1979 | $1,708,433,542.70 | 10.71% |
| 1980 | $1,854,692,556.10 | 8.56% |
| 1981 | $1,998,813,800.74 | 7.77% |
| 1982 | $2,080,227,161.43 | 4.07% |
| 1983 | $2,126,545,484.80 | 2.23% |
| 1984 | $2,206,533,666.31 | 3.76% |
| 1985 | $2,258,018,264.20 | 2.33% |
| 1986 | $2,331,593,139.40 | 3.26% |
| 1987 | $2,426,545,702.30 | 4.07% |
| 1988 | $2,526,664,539.74 | 4.13% |
| 1989 | $2,669,895,047.39 | 5.67% |
| 1990 | $2,823,636,251.49 | 5.76% |
| 1991 | $2,924,289,531.12 | 3.56% |
| 1992 | $2,964,728,990.36 | 1.38% |
| 1993 | $3,026,724,284.72 | 2.09% |
| 1994 | $3,097,092,506.76 | 2.32% |
| 1995 | $3,182,425,110.20 | 2.76% |
| 1996 | $3,285,928,748.18 | 3.25% |
| 1997 | $3,372,152,088.61 | 2.62% |
| 1998 | $3,443,767,342.43 | 2.12% |
| 1999 | $3,517,876,659.82 | 2.15% |
| 2000 | $3,599,111,873.11 | 2.31% |
| 2001 | $3,710,453,996.59 | 3.09% |
| 2002 | $3,778,684,449.86 | 1.84% |
| 2003 | $3,859,563,368.36 | 2.14% |
| 2004 | $3,989,789,115.98 | 3.37% |
| 2005 | $4,086,701,300.26 | 2.43% |
| 2006 | $4,182,544,600.15 | 2.35% |
| 2007 | $4,346,075,003.75 | 3.91% |
| 2008 | $4,579,640,493.76 | 5.37% |
| 2009 | $4,665,664,309.10 | 1.88% |
| 2010 | $4,702,749,252.85 | 0.79% |
| 2011 | $4,871,246,405.90 | 3.58% |
| 2012 | $4,995,320,723.88 | 2.55% |
| 2013 | $5,065,779,801.09 | 1.41% |
| 2014 | $5,182,988,318.38 | 2.31% |
| 2015 | $5,276,105,963.09 | 1.80% |
| 2016 | $5,294,241,368.16 | 0.34% |
| 2017 | $5,340,940,926.96 | 0.88% |
| 2018 | $5,415,960,577.55 | 1.40% |
| 2019 | $5,515,721,338.72 | 1.84% |
| 2020 | $5,699,818,859.36 | 3.34% |
| 2021 | $5,917,632,556.48 | 3.82% |
| 2022 | $6,484,257,076.56 | 9.58% |
| 2023 | $6,851,288,815.35 | 5.66% |
| 2024 | $7,004,597,121.28 | 2.24% |
| 2025 | $7,201,145,363.54 | 2.81% |
| 2026 | $7,327,416,238.94 | 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 |