Airfare priced at $100 in 2000 $116.91 in 2017

Historical Price Inflation for Airfare

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Prices for Airfare, 2000-2017 ($100)

According to the U.S. Bureau of Labor Statistics, prices for airline fares were 14.46% lower in 2000 versus 2017.

Airfare experienced an average inflation rate of 0.92% per year between 2000 and 2017. In other words, airfare costing $100 in the year 2000 would cost $116.91 in 2017 for an equivalent purchase.

Pricing changed by 8.63% in 2000, significantly above the yearly average change for airfare during the 2000-2017 time period. Compared to overall inflation for all items in 2000 (3.27%), price inflation for airfare was much higher.

Price Inflation for Airline fares since 1963

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (27.74%), 1981 (20.55%), and 1993 (13.14%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Airline fares:

Year 1963 1964 1965 1966 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
CPI 23.700 23.667 23.833 23.820 23.900 24.440 26.200 28.262 30.331 31.146 32.208 34.854 37.985 41.154 43.500 45.531 49.146 68.015 85.608 94.354 99.808 105.823 112.500 117.100 122.815 124.231 131.638 148.362 155.177 155.238 178.723 185.485 189.692 192.454 199.223 205.277 218.762 239.423 239.408 231.569 231.292 227.208 236.615 247.277 251.686 281.998 257.971 278.186 304.026 304.950 312.709 307.708 292.227 282.557 279.909

View price changes for other categories
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How to calculate the inflation rate for airfare, 2000-2017

Start with the inflation rate formula:

CPI in 2017 / CPI in 2000 * 2000 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Airline fares was 239.423 in the year 2000 and 279.909 in 2017:

279.909 / 239.423 * $100 = $116.91

Therefore, according to U.S. Bureau of Labor Statistics, the "purchasing power" of $100 from 2000 is $116.91 in 2017 (in the category of Airline fares).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Airline fares in 1963. In addition to airfare, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.

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