According to the U.S. Bureau of Labor Statistics, prices for airline fares were 0.80% higher in 2019 versus 2018 (a $0.80 difference in value).
Between 2018 and 2019: Airfare experienced an average inflation rate of 0.80% per year. In other words, airfare costing $100 in the year 2018 would cost $100.80 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.53% during this same period, inflation for airfare was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Airline fares:
Below are calculations of equivalent buying power for Airfare, over time, for $100 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|