According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 868.62% higher in 2026 versus 1967 (a $2,649,303,525,488.33 difference in value).
Between 1967 and 2026: Food and beverages experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $305,000,000,000 in the year 1967 would cost $2,954,303,525,488.33 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation for food and beverages was lower.
Below are calculations of equivalent buying power for Food and beverages, over time, for $305,000,000,000 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 | $305,000,000,000.00 | - |
| 1968 | $316,116,007,622.68 | 3.64% |
| 1969 | $331,809,194,854.69 | 4.96% |
| 1970 | $349,899,952,358.27 | 5.45% |
| 1971 | $360,652,691,757.98 | 3.07% |
| 1972 | $375,546,688,899.48 | 4.13% |
| 1973 | $425,459,742,734.64 | 13.29% |
| 1974 | $484,018,580,276.32 | 13.76% |
| 1975 | $524,849,928,537.40 | 8.44% |
| 1976 | $541,051,691,281.56 | 3.09% |
| 1977 | $573,309,909,480.71 | 5.96% |
| 1978 | $629,325,869,461.65 | 9.77% |
| 1979 | $696,748,451,643.64 | 10.71% |
| 1980 | $756,397,093,854.22 | 8.56% |
| 1981 | $815,173,892,329.68 | 7.77% |
| 1982 | $848,376,607,908.53 | 4.07% |
| 1983 | $867,266,555,502.62 | 2.23% |
| 1984 | $899,888,041,924.73 | 3.76% |
| 1985 | $920,884,945,212.01 | 2.33% |
| 1986 | $950,890,900,428.78 | 3.26% |
| 1987 | $989,615,292,996.66 | 4.07% |
| 1988 | $1,030,446,641,257.74 | 4.13% |
| 1989 | $1,088,860,171,510.24 | 5.67% |
| 1990 | $1,151,560,266,793.71 | 5.76% |
| 1991 | $1,192,609,575,988.57 | 3.56% |
| 1992 | $1,209,101,953,311.10 | 1.38% |
| 1993 | $1,234,385,421,629.35 | 2.09% |
| 1994 | $1,263,083,611,243.45 | 2.32% |
| 1995 | $1,297,884,707,003.34 | 2.76% |
| 1996 | $1,340,096,474,511.67 | 3.25% |
| 1997 | $1,375,260,838,494.52 | 2.62% |
| 1998 | $1,404,467,603,620.77 | 2.12% |
| 1999 | $1,434,691,519,771.32 | 2.15% |
| 2000 | $1,467,821,581,705.57 | 2.31% |
| 2001 | $1,513,230,109,575.99 | 3.09% |
| 2002 | $1,541,056,455,454.98 | 1.84% |
| 2003 | $1,574,041,210,100.05 | 2.14% |
| 2004 | $1,627,151,024,297.28 | 3.37% |
| 2005 | $1,666,674,606,955.69 | 2.43% |
| 2006 | $1,705,762,267,746.55 | 2.35% |
| 2007 | $1,772,454,680,800.38 | 3.91% |
| 2008 | $1,867,709,421,152.93 | 5.37% |
| 2009 | $1,902,792,413,053.84 | 1.88% |
| 2010 | $1,917,916,722,248.69 | 0.79% |
| 2011 | $1,986,634,718,913.77 | 3.58% |
| 2012 | $2,037,235,802,763.22 | 2.55% |
| 2013 | $2,065,971,045,736.06 | 1.41% |
| 2014 | $2,113,772,058,122.92 | 2.31% |
| 2015 | $2,151,748,118,151.50 | 1.80% |
| 2016 | $2,159,144,259,171.03 | 0.34% |
| 2017 | $2,178,189,685,564.55 | 0.88% |
| 2018 | $2,208,784,861,838.97 | 1.40% |
| 2019 | $2,249,470,176,274.42 | 1.84% |
| 2020 | $2,324,550,452,596.47 | 3.34% |
| 2021 | $2,413,381,157,694.14 | 3.82% |
| 2022 | $2,644,466,972,367.79 | 9.58% |
| 2023 | $2,794,153,096,712.72 | 5.66% |
| 2024 | $2,856,676,643,639.83 | 2.24% |
| 2025 | $2,933,722,465,243.19 | 2.70% |
| 2026 | $2,954,303,525,488.33 | 0.70%* |
* 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 | 336.496 | 338.857 |