According to the U.S. Bureau of Labor Statistics, prices for transportation services were 2,627.23% higher in 2018 versus 1935 (a $998,348.68 difference in value).
Between 1935 and 2018: Transportation services experienced an average inflation rate of 4.06% per year. This rate of change indicates significant inflation. In other words, transportation services costing $38,000 in the year 1935 would cost $1,036,348.68 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.56% during this same period, inflation for transportation services was higher.
Below are calculations of equivalent buying power for Transportation services, over time, for $38,000 beginning in 1935. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1935 | $38,000.00 | - |
1936 | $37,838.98 | -0.42% |
1937 | $37,677.97 | -0.43% |
1938 | $37,935.59 | 0.68% |
1939 | $38,000.00 | 0.17% |
1940 | $38,000.00 | 0.00% ** |
1941 | $38,128.81 | 0.34% |
1942 | $40,383.05 | 5.91% |
1943 | $40,189.83 | -0.48% |
1944 | $40,254.24 | 0.16% |
1945 | $40,254.24 | 0.00% ** |
1946 | $41,027.12 | 1.92% |
1947 | $42,508.47 | 3.61% |
1948 | $47,789.83 | 12.42% |
1949 | $52,877.97 | 10.65% |
1950 | $56,227.12 | 6.33% |
1951 | $61,572.88 | 9.51% |
1952 | $65,888.14 | 7.01% |
1953 | $69,945.76 | 6.16% |
1954 | $72,972.88 | 4.33% |
1955 | $72,972.88 | 0.00% ** |
1956 | $74,067.80 | 1.50% |
1957 | $77,634.94 | 4.82% |
1958 | $82,514.99 | 6.29% |
1959 | $85,388.53 | 3.48% |
1960 | $87,642.76 | 2.64% |
1961 | $89,624.51 | 2.26% |
1962 | $90,986.96 | 1.52% |
1963 | $92,052.15 | 1.17% |
1964 | $94,033.90 | 2.15% |
1965 | $97,700.13 | 3.90% |
1966 | $101,762.71 | 4.16% |
1967 | $105,057.37 | 3.24% |
1968 | $109,268.58 | 4.01% |
1969 | $116,923.08 | 7.01% |
1970 | $129,383.31 | 10.66% |
1971 | $139,837.03 | 8.08% |
1972 | $142,983.05 | 2.25% |
1973 | $143,874.84 | 0.62% |
1974 | $149,176.01 | 3.68% |
1975 | $160,471.97 | 7.57% |
1976 | $183,162.97 | 14.14% |
1977 | $197,976.53 | 8.09% |
1978 | $207,488.92 | 4.80% |
1979 | $223,714.47 | 7.82% |
1980 | $255,026.08 | 14.00% |
1981 | $285,445.89 | 11.93% |
1982 | $309,474.58 | 8.42% |
1983 | $319,185.14 | 3.14% |
1984 | $337,491.53 | 5.74% |
1985 | $354,237.29 | 4.96% |
1986 | $374,550.20 | 5.73% |
1987 | $392,559.32 | 4.81% |
1988 | $412,277.71 | 5.02% |
1989 | $436,702.74 | 5.92% |
1990 | $464,249.02 | 6.31% |
1991 | $486,766.62 | 4.85% |
1992 | $501,282.92 | 2.98% |
1993 | $524,543.68 | 4.64% |
1994 | $542,850.07 | 3.49% |
1995 | $566,309.00 | 4.32% |
1996 | $581,122.56 | 2.62% |
1997 | $595,837.03 | 2.53% |
1998 | $605,002.61 | 1.54% |
1999 | $614,019.56 | 1.49% |
2000 | $631,483.70 | 2.84% |
2001 | $650,062.58 | 2.94% |
2002 | $673,447.20 | 3.60% |
2003 | $696,608.87 | 3.44% |
2004 | $710,282.92 | 1.96% |
2005 | $726,681.88 | 2.31% |
2006 | $743,105.61 | 2.26% |
2007 | $752,692.06 | 1.29% |
2008 | $786,000.27 | 4.43% |
2009 | $808,403.68 | 2.85% |
2010 | $836,719.37 | 3.50% |
2011 | $863,056.79 | 3.15% |
2012 | $878,696.74 | 1.81% |
2013 | $901,701.36 | 2.62% |
2014 | $918,616.81 | 1.88% |
2015 | $937,157.54 | 2.02% |
2016 | $964,256.44 | 2.89% |
2017 | $998,029.87 | 3.50% |
2018 | $1,036,348.68 | 3.84% |
2019 | $1,046,515.29 | 0.98% |
2020 | $1,007,330.46 | -3.74% |
2021 | $1,043,934.32 | 3.63% |
2022 | $1,152,168.17 | 10.37% |
2023 | $1,276,003.59 | 10.75% |
2024 | $1,342,065.00 | 5.18%* |
* 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 Transportation services:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 11.800 | 11.750 | 11.700 | 11.780 | 11.800 | 11.800 | 11.840 | 12.540 | 12.480 | 12.500 | 12.500 | 12.740 | 13.200 | 14.840 | 16.420 | 17.460 | 19.120 | 20.460 | 21.720 | 22.660 | 22.660 | 23.000 | 24.108 | 25.623 | 26.515 | 27.215 | 27.831 | 28.254 | 28.585 | 29.200 | 30.338 | 31.600 | 32.623 | 33.931 | 36.308 | 40.177 | 43.423 | 44.400 | 44.677 | 46.323 | 49.831 | 56.877 | 61.477 | 64.431 | 69.469 | 79.192 | 88.638 | 96.100 | 99.115 | 104.800 | 110.000 | 116.308 | 121.900 | 128.023 | 135.608 | 144.162 | 151.154 | 155.662 | 162.885 | 168.569 | 175.854 | 180.454 | 185.023 | 187.869 | 190.669 | 196.092 | 201.862 | 209.123 | 216.315 | 220.562 | 225.654 | 230.754 | 233.731 | 244.074 | 251.031 | 259.823 | 268.002 | 272.858 | 280.002 | 285.255 | 291.012 | 299.427 | 309.915 | 321.814 | 324.971 | 312.803 | 324.169 | 357.779 | 396.233 | 416.746 |