According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 850.98% higher in 2025 versus 1967 (a $595,684,608.62 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 $70,000,000 in the year 1967 would cost $665,684,608.62 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 $70,000,000 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 | $70,000,000.00 | - |
1968 | $72,539,577.84 | 3.63% |
1969 | $76,156,552.33 | 4.99% |
1970 | $80,296,833.77 | 5.44% |
1971 | $82,774,846.09 | 3.09% |
1972 | $86,191,732.63 | 4.13% |
1973 | $97,642,919.96 | 13.29% |
1974 | $111,079,595.43 | 13.76% |
1975 | $120,452,946.35 | 8.44% |
1976 | $124,177,660.51 | 3.09% |
1977 | $131,580,914.69 | 5.96% |
1978 | $144,432,717.68 | 9.77% |
1979 | $159,901,055.41 | 10.71% |
1980 | $173,583,992.96 | 8.56% |
1981 | $187,082,233.95 | 7.78% |
1982 | $194,700,967.46 | 4.07% |
1983 | $199,041,336.85 | 2.23% |
1984 | $206,521,547.93 | 3.76% |
1985 | $211,339,050.13 | 2.33% |
1986 | $218,234,388.74 | 3.26% |
1987 | $227,115,215.48 | 4.07% |
1988 | $236,488,566.40 | 4.13% |
1989 | $249,894,459.10 | 5.67% |
1990 | $264,285,400.18 | 5.76% |
1991 | $273,704,925.24 | 3.56% |
1992 | $277,491,204.93 | 1.38% |
1993 | $283,293,755.50 | 2.09% |
1994 | $289,881,266.49 | 2.33% |
1995 | $297,869,393.14 | 2.76% |
1996 | $307,550,571.68 | 3.25% |
1997 | $315,615,655.23 | 2.62% |
1998 | $322,326,297.27 | 2.13% |
1999 | $329,267,810.03 | 2.15% |
2000 | $336,871,152.15 | 2.31% |
2001 | $347,291,116.97 | 3.09% |
2002 | $353,678,540.02 | 1.84% |
2003 | $361,235,708.00 | 2.14% |
2004 | $373,425,681.62 | 3.37% |
2005 | $382,506,596.31 | 2.43% |
2006 | $391,479,771.33 | 2.35% |
2007 | $406,778,034.30 | 3.91% |
2008 | $428,638,874.23 | 5.37% |
2009 | $436,690,413.37 | 1.88% |
2010 | $440,161,477.57 | 0.79% |
2011 | $455,932,255.94 | 3.58% |
2012 | $467,545,206.68 | 2.55% |
2013 | $474,139,951.63 | 1.41% |
2014 | $485,110,312.23 | 2.31% |
2015 | $493,825,681.62 | 1.80% |
2016 | $495,523,197.01 | 0.34% |
2017 | $499,894,041.34 | 0.88% |
2018 | $506,915,589.27 | 1.40% |
2019 | $516,252,924.36 | 1.84% |
2020 | $533,483,883.03 | 3.34% |
2021 | $553,870,536.50 | 3.82% |
2022 | $606,904,617.41 | 9.58% |
2023 | $641,257,563.76 | 5.66% |
2024 | $655,606,640.28 | 2.24% |
2025 | $665,684,608.62 | 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 |