According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 850.98% higher in 2025 versus 1967 (a $8,084,291.12 difference in value).
Between 1967 and 2025: Food and beverages experienced an average inflation rate of 3.96% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $950,000 in the year 1967 would cost $9,034,291.12 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.96% 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 $950,000 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 | $950,000.00 | - |
1968 | $984,465.70 | 3.63% |
1969 | $1,033,553.21 | 4.99% |
1970 | $1,089,742.74 | 5.44% |
1971 | $1,123,372.91 | 3.09% |
1972 | $1,169,744.94 | 4.13% |
1973 | $1,325,153.91 | 13.29% |
1974 | $1,507,508.80 | 13.76% |
1975 | $1,634,718.56 | 8.44% |
1976 | $1,685,268.25 | 3.09% |
1977 | $1,785,740.99 | 5.96% |
1978 | $1,960,158.31 | 9.77% |
1979 | $2,170,085.75 | 10.71% |
1980 | $2,355,782.76 | 8.56% |
1981 | $2,538,973.18 | 7.78% |
1982 | $2,642,370.27 | 4.07% |
1983 | $2,701,275.29 | 2.23% |
1984 | $2,802,792.44 | 3.76% |
1985 | $2,868,172.82 | 2.33% |
1986 | $2,961,752.42 | 3.26% |
1987 | $3,082,277.92 | 4.07% |
1988 | $3,209,487.69 | 4.13% |
1989 | $3,391,424.80 | 5.67% |
1990 | $3,586,730.43 | 5.76% |
1991 | $3,714,566.84 | 3.56% |
1992 | $3,765,952.07 | 1.38% |
1993 | $3,844,700.97 | 2.09% |
1994 | $3,934,102.90 | 2.33% |
1995 | $4,042,513.19 | 2.76% |
1996 | $4,173,900.62 | 3.25% |
1997 | $4,283,355.32 | 2.62% |
1998 | $4,374,428.32 | 2.13% |
1999 | $4,468,634.56 | 2.15% |
2000 | $4,571,822.78 | 2.31% |
2001 | $4,713,236.59 | 3.09% |
2002 | $4,799,923.04 | 1.84% |
2003 | $4,902,484.61 | 2.14% |
2004 | $5,067,919.96 | 3.37% |
2005 | $5,191,160.95 | 2.43% |
2006 | $5,312,939.75 | 2.35% |
2007 | $5,520,559.04 | 3.91% |
2008 | $5,817,241.86 | 5.37% |
2009 | $5,926,512.75 | 1.88% |
2010 | $5,973,620.05 | 0.79% |
2011 | $6,187,652.04 | 3.58% |
2012 | $6,345,256.38 | 2.55% |
2013 | $6,434,756.49 | 1.41% |
2014 | $6,583,639.95 | 2.31% |
2015 | $6,701,919.96 | 1.80% |
2016 | $6,724,957.67 | 0.34% |
2017 | $6,784,276.28 | 0.88% |
2018 | $6,879,568.71 | 1.40% |
2019 | $7,006,289.69 | 1.84% |
2020 | $7,240,138.41 | 3.34% |
2021 | $7,516,814.42 | 3.82% |
2022 | $8,236,562.66 | 9.58% |
2023 | $8,702,781.22 | 5.66% |
2024 | $8,897,518.69 | 2.24% |
2025 | $9,034,291.12 | 1.54%* |
* 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 |
CPI | 34.985 | 36.254 | 38.062 | 40.131 | 41.369 | 43.077 | 48.800 | 55.515 | 60.200 | 62.062 | 65.762 | 72.185 | 79.915 | 86.754 | 93.500 | 97.308 | 99.477 | 103.215 | 105.623 | 109.069 | 113.508 | 118.192 | 124.892 | 132.085 | 136.792 | 138.685 | 141.585 | 144.877 | 148.869 | 153.708 | 157.738 | 161.092 | 164.562 | 168.362 | 173.569 | 176.762 | 180.538 | 186.631 | 191.169 | 195.654 | 203.300 | 214.225 | 218.249 | 219.984 | 227.866 | 233.670 | 236.966 | 242.449 | 246.804 | 247.653 | 249.837 | 253.346 | 258.013 | 266.625 | 276.814 | 303.319 | 320.488 | 327.659 | 332.696 |