According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 882.29% higher in 2026 versus 1967 (a $3,114,473,256.31 difference in value).
Between 1967 and 2026:Food and beverages experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $353,000,000 in the year 1967 would cost $3,467,473,256.31 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.95% 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 $353,000,000 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 | $353,000,000.00 | - |
| 1968 | $365,865,412.10 | 3.64% |
| 1969 | $384,028,346.83 | 4.96% |
| 1970 | $404,966,174.37 | 5.45% |
| 1971 | $417,411,148.17 | 3.07% |
| 1972 | $434,649,118.63 | 4.13% |
| 1973 | $492,417,341.59 | 13.29% |
| 1974 | $560,191,996.19 | 13.76% |
| 1975 | $607,449,261.55 | 8.44% |
| 1976 | $626,200,809.91 | 3.09% |
| 1977 | $663,535,731.30 | 5.96% |
| 1978 | $728,367,317.77 | 9.77% |
| 1979 | $806,400,666.98 | 10.71% |
| 1980 | $875,436,636.49 | 8.56% |
| 1981 | $943,463,554.07 | 7.77% |
| 1982 | $981,891,615.05 | 4.07% |
| 1983 | $1,003,754,406.86 | 2.23% |
| 1984 | $1,041,509,766.56 | 3.76% |
| 1985 | $1,065,811,100.52 | 2.33% |
| 1986 | $1,100,539,304.43 | 3.26% |
| 1987 | $1,145,358,027.63 | 4.07% |
| 1988 | $1,192,615,293.00 | 4.13% |
| 1989 | $1,260,221,772.27 | 5.67% |
| 1990 | $1,332,789,423.54 | 5.76% |
| 1991 | $1,380,298,951.88 | 3.56% |
| 1992 | $1,399,386,850.88 | 1.38% |
| 1993 | $1,428,649,356.84 | 2.09% |
| 1994 | $1,461,863,982.85 | 2.32% |
| 1995 | $1,502,141,972.37 | 2.76% |
| 1996 | $1,550,996,903.29 | 3.25% |
| 1997 | $1,591,695,331.11 | 2.62% |
| 1998 | $1,625,498,570.75 | 2.12% |
| 1999 | $1,660,479,037.64 | 2.15% |
| 2000 | $1,698,823,010.96 | 2.31% |
| 2001 | $1,751,377,798.95 | 3.09% |
| 2002 | $1,783,583,373.03 | 1.84% |
| 2003 | $1,821,759,171.03 | 2.14% |
| 2004 | $1,883,227,251.07 | 3.37% |
| 2005 | $1,928,970,938.54 | 2.43% |
| 2006 | $1,974,210,100.05 | 2.35% |
| 2007 | $2,051,398,368.27 | 3.91% |
| 2008 | $2,161,644,018.58 | 5.37% |
| 2009 | $2,202,248,268.22 | 1.88% |
| 2010 | $2,219,752,796.57 | 0.79% |
| 2011 | $2,299,285,428.78 | 3.58% |
| 2012 | $2,357,849,961.89 | 2.55% |
| 2013 | $2,391,107,472.61 | 1.41% |
| 2014 | $2,446,431,267.27 | 2.31% |
| 2015 | $2,490,383,887.57 | 1.80% |
| 2016 | $2,498,944,011.43 | 0.34% |
| 2017 | $2,520,986,750.83 | 0.88% |
| 2018 | $2,556,396,905.67 | 1.40% |
| 2019 | $2,603,485,154.84 | 1.84% |
| 2020 | $2,690,381,343.50 | 3.34% |
| 2021 | $2,793,191,962.84 | 3.82% |
| 2022 | $3,060,645,381.13 | 9.58% |
| 2023 | $3,233,888,666.03 | 5.66% |
| 2024 | $3,306,251,984.28 | 2.24% |
| 2025 | $3,399,025,059.55 | 2.81% |
| 2026 | $3,467,473,256.31 | 2.01%* |
* 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 | 343.637 |