Airfare priced at $100 in 2000 $119.37 in 2017

Historical Price Inflation for Airfare

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According to the U.S. Bureau of Labor Statistics, prices for airline fares were 16.23% lower in 2000 versus 2017.

Airfare experienced an average inflation rate of 1.05% per year between 2000 and 2017. In other words, airfare costing $100 in the year 2000 would cost $119.37 in 2017 for an equivalent purchase.

Average 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:

Year1963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017
CPI23.70023.66723.83323.82023.90024.44026.20028.26230.33131.14632.20834.85437.98541.15443.50045.53149.14668.01585.60894.35499.808105.823112.500117.100122.815124.231131.638148.362155.177155.238178.723185.485189.692192.454199.223205.277218.762239.423239.408231.569231.292227.208236.615247.277251.686281.998257.971278.186304.026304.950312.709307.708292.227282.557285.811

View price changes for other categories
Milk · Gasoline (all types) · Food · Legal services

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 285.811 in 2017:

285.811 / 239.423 * $100 = $119.37

Therefore, according to U.S. Bureau of Labor Statistics, the "purchasing power" of $100 from 2000 is $119.37 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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