According to the U.S. Bureau of Labor Statistics, prices for intracity mass transit were 4.41% lower in 2021 versus 2019 (a $0.88 difference in value).
Between 2019 and 2021: Intracity mass transit experienced an average inflation rate of -2.23% per year. This rate of change indicates significant deflation. In other words, intracity mass transit costing $20 in the year 2019 would cost $19.12 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.05% during this same period, inflation for intracity mass transit was significantly lower.
In the year 2019: Pricing changed by 1.40%, which is significantly above the average yearly change for intracity mass transit during the 2019-2021 time period. Compared to inflation for all items in 2019 (1.81%), inflation for intracity mass transit was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Intracity mass transit:
Below are calculations of equivalent buying power for Intracity mass transit, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|