Airfare priced at $100 in 2018 $85.79 in 2020

Airfare Inflation Calculator


Prices for Airfare, 2018-2020 ($100)

According to the U.S. Bureau of Labor Statistics, prices for airline fares were 14.21% lower in 2020 versus 2018 (a $14.21 difference in value).

Between 2018 and 2020: Airfare experienced an average inflation rate of -7.38% per year. This rate of change indicates significant deflation. In other words, airfare costing $100 in the year 2018 would cost $85.79 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.37% during this same period, inflation for airfare was significantly lower.

Price Inflation for Airline fares since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2020 (-14.37%), and 2019 (0.19%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Airline fares:

Year 2018 2019 2020
CPI 264.909 265.401 227.252

View price changes for other categories
Admission to sporting events · Alcoholic beverages · Airline fares · Dental services · More

Buying power of $100 since 2018

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
2018 $100.00 -
2019 $100.19 0.19%
2020 $85.79 -14.37%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for airfare, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Airline fares was 264.909 in the year 2018 and 227.252 in 2020:

227.252 / 264.909 * $100 = $85.79

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2018 has the same "purchasing power" as $85.79 in 2020 (in the CPI category of Airline fares).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Airline fares in 2018. In addition to airfare, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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