According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $4,134,969,985,707.48 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 $470,000,000,000 in the year 1967 would cost $4,604,969,985,707.48 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 $470,000,000,000 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 | $470,000,000,000.00 | - |
| 1968 | $487,129,585,516.91 | 3.64% |
| 1969 | $511,312,529,776.08 | 4.96% |
| 1970 | $539,190,090,519.29 | 5.45% |
| 1971 | $555,759,885,659.84 | 3.07% |
| 1972 | $578,711,291,091.00 | 4.13% |
| 1973 | $655,626,488,804.19 | 13.29% |
| 1974 | $745,864,697,474.99 | 13.76% |
| 1975 | $808,785,135,778.94 | 8.44% |
| 1976 | $833,751,786,565.03 | 3.09% |
| 1977 | $883,461,171,986.66 | 5.96% |
| 1978 | $969,780,848,022.87 | 9.77% |
| 1979 | $1,073,677,941,877.08 | 10.71% |
| 1980 | $1,165,595,521,676.99 | 8.56% |
| 1981 | $1,256,169,604,573.61 | 7.77% |
| 1982 | $1,307,334,444,973.80 | 4.07% |
| 1983 | $1,336,443,544,545.02 | 2.23% |
| 1984 | $1,386,712,720,343.02 | 3.76% |
| 1985 | $1,419,068,604,097.19 | 2.33% |
| 1986 | $1,465,307,289,185.33 | 3.26% |
| 1987 | $1,524,980,943,306.34 | 4.07% |
| 1988 | $1,587,901,381,610.29 | 4.13% |
| 1989 | $1,677,915,674,130.54 | 5.67% |
| 1990 | $1,774,535,493,091.95 | 5.76% |
| 1991 | $1,837,791,805,621.72 | 3.56% |
| 1992 | $1,863,206,288,708.91 | 1.38% |
| 1993 | $1,902,167,698,904.24 | 2.09% |
| 1994 | $1,946,391,138,637.45 | 2.32% |
| 1995 | $2,000,019,056,693.66 | 2.76% |
| 1996 | $2,065,066,698,427.82 | 3.25% |
| 1997 | $2,119,254,406,860.41 | 2.62% |
| 1998 | $2,164,261,553,120.53 | 2.12% |
| 1999 | $2,210,836,112,434.49 | 2.15% |
| 2000 | $2,261,888,994,759.41 | 2.31% |
| 2001 | $2,331,862,791,805.62 | 3.09% |
| 2002 | $2,374,742,734,635.54 | 1.84% |
| 2003 | $2,425,571,700,809.91 | 2.14% |
| 2004 | $2,507,413,053,835.16 | 3.37% |
| 2005 | $2,568,318,246,784.18 | 2.43% |
| 2006 | $2,628,551,691,281.56 | 2.35% |
| 2007 | $2,731,323,606,479.28 | 3.91% |
| 2008 | $2,878,109,599,809.43 | 5.37% |
| 2009 | $2,932,171,915,197.71 | 1.88% |
| 2010 | $2,955,478,227,727.49 | 0.79% |
| 2011 | $3,061,371,534,063.84 | 3.58% |
| 2012 | $3,139,346,974,749.88 | 2.55% |
| 2013 | $3,183,627,513,101.48 | 1.41% |
| 2014 | $3,257,288,089,566.46 | 2.31% |
| 2015 | $3,315,808,575,512.15 | 1.80% |
| 2016 | $3,327,205,907,575.04 | 0.34% |
| 2017 | $3,356,554,597,427.35 | 0.88% |
| 2018 | $3,403,701,262,505.96 | 1.40% |
| 2019 | $3,466,396,665,078.61 | 1.84% |
| 2020 | $3,582,094,140,066.70 | 3.34% |
| 2021 | $3,718,980,800,381.13 | 3.82% |
| 2022 | $4,075,080,252,501.19 | 9.58% |
| 2023 | $4,305,744,116,245.83 | 5.66% |
| 2024 | $4,402,091,877,084.33 | 2.24% |
| 2025 | $4,525,614,101,953.31 | 2.81% |
| 2026 | $4,604,969,985,707.48 | 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 |