According to the U.S. Bureau of Labor Statistics, prices for transportation services were 1,035.74% higher in 2015 versus 1958 (a $37,393,615.25 difference in value).
Between 1958 and 2015: Transportation services experienced an average inflation rate of 4.36% per year. This rate of change indicates significant inflation. In other words, transportation services costing $3,610,321 in the year 1958 would cost $41,003,936.25 in 2015 for an equivalent purchase. Compared to the overall inflation rate of 3.76% during this same period, inflation for transportation services was higher.
In the year 1958: Pricing changed by 6.29%, which is above the average yearly change for transportation services during the 1958-2015 time period. Compared to inflation for all items in 1958 (2.74%), inflation for transportation services was much higher.
Below are calculations of equivalent buying power for Transportation services, over time, for $3,610,321 beginning in 1958. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1958 | $3,610,321.00 | 6.29% |
1959 | $3,736,048.18 | 3.48% |
1960 | $3,834,678.98 | 2.64% |
1961 | $3,921,387.38 | 2.26% |
1962 | $3,980,999.41 | 1.52% |
1963 | $4,027,605.17 | 1.17% |
1964 | $4,114,313.57 | 2.15% |
1965 | $4,274,724.11 | 3.90% |
1966 | $4,452,476.33 | 4.16% |
1967 | $4,596,629.05 | 3.24% |
1968 | $4,780,884.40 | 4.01% |
1969 | $5,115,795.59 | 7.01% |
1970 | $5,660,974.66 | 10.66% |
1971 | $6,118,361.47 | 8.08% |
1972 | $6,256,011.05 | 2.25% |
1973 | $6,295,029.83 | 0.62% |
1974 | $6,526,974.80 | 3.68% |
1975 | $7,021,212.68 | 7.57% |
1976 | $8,014,023.86 | 14.14% |
1977 | $8,662,169.15 | 8.09% |
1978 | $9,078,369.47 | 4.80% |
1979 | $9,788,294.49 | 7.82% |
1980 | $11,158,287.21 | 14.00% |
1981 | $12,489,261.15 | 11.93% |
1982 | $13,540,600.50 | 8.42% |
1983 | $13,965,471.66 | 3.14% |
1984 | $14,766,440.50 | 5.74% |
1985 | $15,499,126.48 | 4.96% |
1986 | $16,387,887.58 | 5.73% |
1987 | $17,175,850.16 | 4.81% |
1988 | $18,038,598.74 | 5.02% |
1989 | $19,107,279.77 | 5.92% |
1990 | $20,312,526.53 | 6.31% |
1991 | $21,297,750.72 | 4.85% |
1992 | $21,932,889.75 | 2.98% |
1993 | $22,950,629.59 | 4.64% |
1994 | $23,751,598.44 | 3.49% |
1995 | $24,778,009.12 | 4.32% |
1996 | $25,426,154.41 | 2.62% |
1997 | $26,069,964.28 | 2.53% |
1998 | $26,470,990.63 | 1.54% |
1999 | $26,865,513.85 | 1.49% |
2000 | $27,629,631.62 | 2.84% |
2001 | $28,442,522.87 | 2.94% |
2002 | $29,465,681.99 | 3.60% |
2003 | $30,479,086.41 | 3.44% |
2004 | $31,077,374.37 | 1.96% |
2005 | $31,794,886.38 | 2.31% |
2006 | $32,513,482.24 | 2.26% |
2007 | $32,932,923.29 | 1.29% |
2008 | $34,390,274.72 | 4.43% |
2009 | $35,370,502.34 | 2.85% |
2010 | $36,609,413.64 | 3.50% |
2011 | $37,761,768.27 | 3.15% |
2012 | $38,446,070.96 | 1.81% |
2013 | $39,452,603.75 | 2.62% |
2014 | $40,192,714.13 | 1.88% |
2015 | $41,003,936.25 | 2.02% |
2016 | $42,189,608.58 | 2.89% |
2017 | $43,667,314.81 | 3.50% |
2018 | $45,343,897.59 | 3.84% |
2019 | $45,788,722.52 | 0.98% |
2020 | $44,074,248.17 | -3.74% |
2021 | $45,675,795.67 | 3.63% |
2022 | $50,411,407.44 | 10.37% |
2023 | $55,829,641.94 | 10.75% |
2024 | $58,720,061.03 | 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 |