According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $74,781,372.08 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 $8,500,000 in the year 1967 would cost $83,281,372.08 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 $8,500,000 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 | $8,500,000.00 | - |
| 1968 | $8,809,790.38 | 3.64% |
| 1969 | $9,247,141.50 | 4.96% |
| 1970 | $9,751,310.15 | 5.45% |
| 1971 | $10,050,976.66 | 3.07% |
| 1972 | $10,466,055.26 | 4.13% |
| 1973 | $11,857,074.80 | 13.29% |
| 1974 | $13,489,042.40 | 13.76% |
| 1975 | $14,626,965.22 | 8.44% |
| 1976 | $15,078,489.76 | 3.09% |
| 1977 | $15,977,489.28 | 5.96% |
| 1978 | $17,538,589.80 | 9.77% |
| 1979 | $19,417,579.80 | 10.71% |
| 1980 | $21,079,919.01 | 8.56% |
| 1981 | $22,717,960.93 | 7.77% |
| 1982 | $23,643,282.52 | 4.07% |
| 1983 | $24,169,723.68 | 2.23% |
| 1984 | $25,078,847.07 | 3.76% |
| 1985 | $25,664,006.67 | 2.33% |
| 1986 | $26,500,238.21 | 3.26% |
| 1987 | $27,579,442.59 | 4.07% |
| 1988 | $28,717,365.41 | 4.13% |
| 1989 | $30,345,283.47 | 5.67% |
| 1990 | $32,092,663.17 | 5.76% |
| 1991 | $33,236,660.31 | 3.56% |
| 1992 | $33,696,283.94 | 1.38% |
| 1993 | $34,400,905.19 | 2.09% |
| 1994 | $35,200,690.81 | 2.32% |
| 1995 | $36,170,557.41 | 2.76% |
| 1996 | $37,346,950.93 | 3.25% |
| 1997 | $38,326,941.40 | 2.62% |
| 1998 | $39,140,900.43 | 2.12% |
| 1999 | $39,983,206.29 | 2.15% |
| 2000 | $40,906,503.10 | 2.31% |
| 2001 | $42,171,986.66 | 3.09% |
| 2002 | $42,947,474.99 | 1.84% |
| 2003 | $43,866,722.25 | 2.14% |
| 2004 | $45,346,831.82 | 3.37% |
| 2005 | $46,448,308.72 | 2.43% |
| 2006 | $47,537,636.97 | 2.35% |
| 2007 | $49,396,277.99 | 3.91% |
| 2008 | $52,050,918.29 | 5.37% |
| 2009 | $53,028,641.02 | 1.88% |
| 2010 | $53,450,138.16 | 0.79% |
| 2011 | $55,365,229.87 | 3.58% |
| 2012 | $56,775,424.01 | 2.55% |
| 2013 | $57,576,242.26 | 1.41% |
| 2014 | $58,908,401.62 | 2.31% |
| 2015 | $59,966,750.83 | 1.80% |
| 2016 | $60,172,872.80 | 0.34% |
| 2017 | $60,703,646.97 | 0.88% |
| 2018 | $61,556,299.43 | 1.40% |
| 2019 | $62,690,152.45 | 1.84% |
| 2020 | $64,782,553.60 | 3.34% |
| 2021 | $67,258,163.41 | 3.82% |
| 2022 | $73,698,259.89 | 9.58% |
| 2023 | $77,869,840.40 | 5.66% |
| 2024 | $79,612,299.90 | 2.24% |
| 2025 | $81,846,212.48 | 2.81% |
| 2026 | $83,281,372.08 | 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 |