According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $4,434,095,474.04 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 $504,000,000 in the year 1967 would cost $4,938,095,474.04 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 $504,000,000 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 | $504,000,000.00 | - |
| 1968 | $522,368,747.02 | 3.64% |
| 1969 | $548,301,095.76 | 4.96% |
| 1970 | $578,195,331.11 | 5.45% |
| 1971 | $595,963,792.28 | 3.07% |
| 1972 | $620,575,512.15 | 4.13% |
| 1973 | $703,054,787.99 | 13.29% |
| 1974 | $799,820,867.08 | 13.76% |
| 1975 | $867,292,996.67 | 8.44% |
| 1976 | $894,065,745.59 | 3.09% |
| 1977 | $947,371,129.11 | 5.96% |
| 1978 | $1,039,935,207.24 | 9.77% |
| 1979 | $1,151,348,261.08 | 10.71% |
| 1980 | $1,249,915,197.71 | 8.56% |
| 1981 | $1,347,041,448.31 | 7.77% |
| 1982 | $1,401,907,575.04 | 4.07% |
| 1983 | $1,433,122,439.26 | 2.23% |
| 1984 | $1,487,028,108.62 | 3.76% |
| 1985 | $1,521,724,630.78 | 2.33% |
| 1986 | $1,571,308,242.02 | 3.26% |
| 1987 | $1,635,298,713.67 | 4.07% |
| 1988 | $1,702,770,843.26 | 4.13% |
| 1989 | $1,799,296,808.00 | 5.67% |
| 1990 | $1,902,906,145.78 | 5.76% |
| 1991 | $1,970,738,446.88 | 3.56% |
| 1992 | $1,997,991,424.49 | 1.38% |
| 1993 | $2,039,771,319.68 | 2.09% |
| 1994 | $2,087,193,901.86 | 2.32% |
| 1995 | $2,144,701,286.33 | 2.76% |
| 1996 | $2,214,454,502.14 | 3.25% |
| 1997 | $2,272,562,172.46 | 2.62% |
| 1998 | $2,320,825,154.84 | 2.12% |
| 1999 | $2,370,768,937.59 | 2.15% |
| 2000 | $2,425,515,007.15 | 2.31% |
| 2001 | $2,500,550,738.45 | 3.09% |
| 2002 | $2,546,532,634.59 | 1.84% |
| 2003 | $2,601,038,589.80 | 2.14% |
| 2004 | $2,688,800,381.13 | 3.37% |
| 2005 | $2,754,111,481.66 | 2.43% |
| 2006 | $2,818,702,239.16 | 2.35% |
| 2007 | $2,928,908,718.44 | 3.91% |
| 2008 | $3,086,313,272.99 | 5.37% |
| 2009 | $3,144,286,479.28 | 1.88% |
| 2010 | $3,169,278,780.37 | 0.79% |
| 2011 | $3,282,832,453.55 | 3.58% |
| 2012 | $3,366,448,670.80 | 2.55% |
| 2013 | $3,413,932,482.13 | 1.41% |
| 2014 | $3,492,921,696.05 | 2.31% |
| 2015 | $3,555,675,578.85 | 1.80% |
| 2016 | $3,567,897,398.76 | 0.34% |
| 2017 | $3,599,369,185.33 | 0.88% |
| 2018 | $3,649,926,460.22 | 1.40% |
| 2019 | $3,717,157,274.89 | 1.84% |
| 2020 | $3,841,224,354.45 | 3.34% |
| 2021 | $3,988,013,454.03 | 3.82% |
| 2022 | $4,369,873,292.04 | 9.58% |
| 2023 | $4,617,223,477.85 | 5.66% |
| 2024 | $4,720,541,076.70 | 2.24% |
| 2025 | $4,852,998,951.88 | 2.81% |
| 2026 | $4,938,095,474.04 | 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 |