According to the U.S. Bureau of Labor Statistics, prices for intracity mass transit are 7.43% higher in 2024 versus 2016 (a $1.49 difference in value).
Between 2016 and 2024: Intracity mass transit experienced an average inflation rate of 0.90% per year. In other words, intracity mass transit costing $20 in the year 2016 would cost $21.49 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for intracity mass transit was lower.
In the year 2016: Pricing changed by 1.82%, which is above the average yearly change for intracity mass transit during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for intracity mass transit was higher.
Below are calculations of equivalent buying power for Intracity mass transit, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2016 | $20.00 | 1.82% |
2017 | $20.36 | 1.78% |
2018 | $20.93 | 2.80% |
2019 | $21.22 | 1.40% |
2020 | $20.55 | -3.14% |
2021 | $20.56 | 0.05% |
2022 | $20.98 | 2.01% |
2023 | $21.19 | 1.03% |
2024 | $21.49 | 1.38%* |
* 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 Intracity mass transit:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 102.707 | 108.338 | 111.061 | 115.953 | 117.481 | 120.157 | 122.349 | 124.527 | 128.013 | 129.808 | 125.732 | 125.796 | 128.320 | 129.647 | 131.438 |