Transportation services priced at $1 in 1978 $1.23 in 1980

Transportation Services Inflation Calculator

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Prices for Transportation Services, 1978-1980 ($1)

According to the U.S. Bureau of Labor Statistics, prices for transportation services were 22.91% higher in 1980 versus 1978 (a $0.23 difference in value).

Between 1978 and 1980: Transportation services experienced an average inflation rate of 10.87% per year. This rate of change indicates significant inflation. In other words, transportation services costing $1 in the year 1978 would cost $1.23 in 1980 for an equivalent purchase. Compared to the overall inflation rate of 12.40% during this same period, inflation for transportation services was lower.

In the year 1978: Pricing changed by 4.80%, which is significantly below the average yearly change for transportation services during the 1978-1980 time period. Compared to inflation for all items in 1978 (7.63%), inflation for transportation services was lower.

Price Inflation for Transportation services since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1976 (14.14%), 1980 (14%), and 1948 (12.42%).

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Buying power of $1.00 since 1978

Below are calculations of equivalent buying power for Transportation services, over time, for $1 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$1.004.80%
1979$1.087.82%
1980$1.2314.00%
1981$1.3811.93%
1982$1.498.42%
1983$1.543.14%
1984$1.635.74%
1985$1.714.96%
1986$1.815.73%
1987$1.894.81%
1988$1.995.02%
1989$2.105.92%
1990$2.246.31%
1991$2.354.85%
1992$2.422.98%
1993$2.534.64%
1994$2.623.49%
1995$2.734.32%
1996$2.802.62%
1997$2.872.53%
1998$2.921.54%
1999$2.961.49%
2000$3.042.84%
2001$3.132.94%
2002$3.253.60%
2003$3.363.44%
2004$3.421.96%
2005$3.502.31%
2006$3.582.26%
2007$3.631.29%
2008$3.794.43%
2009$3.902.85%
2010$4.033.50%
2011$4.163.15%
2012$4.231.81%
2013$4.352.62%
2014$4.431.88%
2015$4.522.02%
2016$4.652.89%
2017$4.813.50%
2018$4.993.84%
2019$5.040.98%
2020$4.85-3.74%
2021$5.033.63%
2022$5.5510.37%
2023$6.1510.75%
2024$6.475.18%*

* 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:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI11.80011.75011.70011.78011.80011.80011.84012.54012.48012.50012.50012.74013.20014.84016.42017.46019.12020.46021.72022.66022.66023.00024.10825.62326.51527.21527.83128.25428.58529.20030.33831.60032.62333.93136.30840.17743.42344.40044.67746.32349.83156.87761.47764.43169.46979.19288.63896.10099.115104.800110.000116.308121.900128.023135.608144.162151.154155.662162.885168.569175.854180.454185.023187.869190.669196.092201.862209.123216.315220.562225.654230.754233.731244.074251.031259.823268.002272.858280.002285.255291.012299.427309.915321.814324.971312.803324.169357.779396.233416.746

Adjust transportation services prices for inflation

Start with the inflation rate formula:

CPI in 1980 / CPI in 1978 * 1978 USD value = 1980 USD value

Then plug in historical CPI values from above. The CPI for Transportation services was 64.431 in the year 1978 and 79.192 in 1980:

79.192 / 64.431 * $1 = $1.23

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1978 has the same "purchasing power" as $1.23 in 1980 (in the CPI category of Transportation services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Transportation services in 1935. In addition to transportation services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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