According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 877.88% higher in 2026 versus 1967 (a $421,383,744.64 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 $48,000,000 in the year 1967 would cost $469,383,744.64 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 $48,000,000 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 | $48,000,000.00 | - |
| 1968 | $49,749,404.48 | 3.64% |
| 1969 | $52,219,151.98 | 4.96% |
| 1970 | $55,066,222.01 | 5.45% |
| 1971 | $56,758,456.41 | 3.07% |
| 1972 | $59,102,429.73 | 4.13% |
| 1973 | $66,957,598.86 | 13.29% |
| 1974 | $76,173,415.91 | 13.76% |
| 1975 | $82,599,333.02 | 8.44% |
| 1976 | $85,149,118.63 | 3.09% |
| 1977 | $90,225,821.82 | 5.96% |
| 1978 | $99,041,448.31 | 9.77% |
| 1979 | $109,652,215.34 | 10.71% |
| 1980 | $119,039,542.64 | 8.56% |
| 1981 | $128,289,661.74 | 7.77% |
| 1982 | $133,515,007.15 | 4.07% |
| 1983 | $136,487,851.36 | 2.23% |
| 1984 | $141,621,724.63 | 3.76% |
| 1985 | $144,926,155.31 | 2.33% |
| 1986 | $149,648,404.00 | 3.26% |
| 1987 | $155,742,734.64 | 4.07% |
| 1988 | $162,168,651.74 | 4.13% |
| 1989 | $171,361,600.76 | 5.67% |
| 1990 | $181,229,156.74 | 5.76% |
| 1991 | $187,689,375.89 | 3.56% |
| 1992 | $190,284,897.57 | 1.38% |
| 1993 | $194,263,935.21 | 2.09% |
| 1994 | $198,780,371.61 | 2.32% |
| 1995 | $204,257,265.36 | 2.76% |
| 1996 | $210,900,428.78 | 3.25% |
| 1997 | $216,434,492.62 | 2.62% |
| 1998 | $221,030,967.13 | 2.12% |
| 1999 | $225,787,517.87 | 2.15% |
| 2000 | $231,001,429.25 | 2.31% |
| 2001 | $238,147,689.38 | 3.09% |
| 2002 | $242,526,917.58 | 1.84% |
| 2003 | $247,717,960.93 | 2.14% |
| 2004 | $256,076,226.77 | 3.37% |
| 2005 | $262,296,331.59 | 2.43% |
| 2006 | $268,447,832.30 | 2.35% |
| 2007 | $278,943,687.47 | 3.91% |
| 2008 | $293,934,597.43 | 5.37% |
| 2009 | $299,455,855.17 | 1.88% |
| 2010 | $301,836,074.32 | 0.79% |
| 2011 | $312,650,709.86 | 3.58% |
| 2012 | $320,614,159.12 | 2.55% |
| 2013 | $325,136,426.87 | 1.41% |
| 2014 | $332,659,209.15 | 2.31% |
| 2015 | $338,635,769.41 | 1.80% |
| 2016 | $339,799,752.26 | 0.34% |
| 2017 | $342,797,065.27 | 0.88% |
| 2018 | $347,612,043.83 | 1.40% |
| 2019 | $354,014,978.56 | 1.84% |
| 2020 | $365,830,890.90 | 3.34% |
| 2021 | $379,810,805.15 | 3.82% |
| 2022 | $416,178,408.77 | 9.58% |
| 2023 | $439,735,569.32 | 5.66% |
| 2024 | $449,575,340.64 | 2.24% |
| 2025 | $462,190,376.37 | 2.81% |
| 2026 | $469,383,744.64 | 1.56%* |
* 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 | 342.096 |