Transportation services priced at $100 in 2016 $103.50 in 2017

Transportation Services Inflation Calculator

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Prices for Transportation Services, 2016-2017 ($100)

According to the U.S. Bureau of Labor Statistics, prices for transportation services were 3.50% higher in 2017 versus 2016 (a $3.50 difference in value).

Between 2016 and 2017: Transportation services experienced an average inflation rate of 3.50% per year. This rate of change indicates significant inflation. In other words, transportation services costing $100 in the year 2016 would cost $103.50 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.13% during this same period, inflation for transportation services was higher.

In the year 2016: Pricing changed by 2.89%, which is below the average yearly change for transportation services during the 2016-2017 time period. Compared to inflation for all items in 2016 (1.26%), inflation for transportation services was higher.

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 $100.00 since 2016

Below are calculations of equivalent buying power for Transportation services, over time, for $100 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2016$100.002.89%
2017$103.503.50%
2018$107.483.84%
2019$108.530.98%
2020$104.47-3.74%
2021$108.263.63%
2022$119.4910.37%
2023$132.3310.75%
2024$139.185.18%*

* 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 2017 / CPI in 2016 * 2016 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Transportation services was 299.427 in the year 2016 and 309.915 in 2017:

309.915 / 299.427 * $100 = $103.50

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2016 has the same "purchasing power" as $103.50 in 2017 (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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