According to the U.S. Bureau of Labor Statistics, prices for transportation services were 2,182.04% higher in 2014 versus 1945 (a $7,637,131.38 difference in value).
Between 1945 and 2014: Transportation services experienced an average inflation rate of 4.64% per year. This rate of change indicates significant inflation. In other words, transportation services costing $350,000 in the year 1945 would cost $7,987,131.38 in 2014 for an equivalent purchase. Compared to the overall inflation rate of 3.81% during this same period, inflation for transportation services was higher.
In the year 1945: Pricing changed by 0%, which is significantly below the average yearly change for transportation services during the 1945-2014 time period. Compared to inflation for all items in 1945 (2.27%), inflation for transportation services was lower.
Below are calculations of equivalent buying power for Transportation services, over time, for $350,000 beginning in 1945. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1945 | $350,000.00 | - |
1946 | $356,720.00 | 1.92% |
1947 | $369,600.00 | 3.61% |
1948 | $415,520.00 | 12.42% |
1949 | $459,760.00 | 10.65% |
1950 | $488,880.00 | 6.33% |
1951 | $535,360.00 | 9.51% |
1952 | $572,880.00 | 7.01% |
1953 | $608,160.00 | 6.16% |
1954 | $634,480.00 | 4.33% |
1955 | $634,480.00 | 0.00% ** |
1956 | $644,000.00 | 1.50% |
1957 | $675,015.38 | 4.82% |
1958 | $717,446.15 | 6.29% |
1959 | $742,430.77 | 3.48% |
1960 | $762,030.77 | 2.64% |
1961 | $779,261.54 | 2.26% |
1962 | $791,107.69 | 1.52% |
1963 | $800,369.23 | 1.17% |
1964 | $817,600.00 | 2.15% |
1965 | $849,476.92 | 3.90% |
1966 | $884,800.00 | 4.16% |
1967 | $913,446.15 | 3.24% |
1968 | $950,061.54 | 4.01% |
1969 | $1,016,615.38 | 7.01% |
1970 | $1,124,953.85 | 10.66% |
1971 | $1,215,846.15 | 8.08% |
1972 | $1,243,200.00 | 2.25% |
1973 | $1,250,953.85 | 0.62% |
1974 | $1,297,046.15 | 3.68% |
1975 | $1,395,261.54 | 7.57% |
1976 | $1,592,553.85 | 14.14% |
1977 | $1,721,353.85 | 8.09% |
1978 | $1,804,061.54 | 4.80% |
1979 | $1,945,138.46 | 7.82% |
1980 | $2,217,384.62 | 14.00% |
1981 | $2,481,876.92 | 11.93% |
1982 | $2,690,800.00 | 8.42% |
1983 | $2,775,230.77 | 3.14% |
1984 | $2,934,400.00 | 5.74% |
1985 | $3,080,000.00 | 4.96% |
1986 | $3,256,615.38 | 5.73% |
1987 | $3,413,200.00 | 4.81% |
1988 | $3,584,646.15 | 5.02% |
1989 | $3,797,015.38 | 5.92% |
1990 | $4,036,523.08 | 6.31% |
1991 | $4,232,307.69 | 4.85% |
1992 | $4,358,523.08 | 2.98% |
1993 | $4,560,769.23 | 4.64% |
1994 | $4,719,938.46 | 3.49% |
1995 | $4,923,907.69 | 4.32% |
1996 | $5,052,707.69 | 2.62% |
1997 | $5,180,646.15 | 2.53% |
1998 | $5,260,338.46 | 1.54% |
1999 | $5,338,738.46 | 1.49% |
2000 | $5,490,584.62 | 2.84% |
2001 | $5,652,123.08 | 2.94% |
2002 | $5,855,446.15 | 3.60% |
2003 | $6,056,830.77 | 3.44% |
2004 | $6,175,723.08 | 1.96% |
2005 | $6,318,307.69 | 2.31% |
2006 | $6,461,107.69 | 2.26% |
2007 | $6,544,459.38 | 1.29% |
2008 | $6,834,065.54 | 4.43% |
2009 | $7,028,857.23 | 2.85% |
2010 | $7,275,054.77 | 3.50% |
2011 | $7,504,051.69 | 3.15% |
2012 | $7,640,036.92 | 1.81% |
2013 | $7,840,056.00 | 2.62% |
2014 | $7,987,131.38 | 1.88% |
2015 | $8,148,338.15 | 2.02% |
2016 | $8,383,956.00 | 2.89% |
2017 | $8,677,607.08 | 3.50% |
2018 | $9,010,779.08 | 3.84% |
2019 | $9,099,175.08 | 0.98% |
2020 | $8,758,473.23 | -3.74% |
2021 | $9,076,734.15 | 3.63% |
2022 | $10,017,799.08 | 10.37% |
2023 | $11,094,515.38 | 10.75% |
2024 | $11,788,784.00 | 6.26%* |
* 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 | 421.028 |