According to the U.S. Bureau of Labor Statistics, prices for intracity mass transit are 2.48% higher in 2024 versus 2022 (a $0.50 difference in value).
Between 2022 and 2024: Intracity mass transit experienced an average inflation rate of 1.23% per year. In other words, intracity mass transit costing $20 in the year 2022 would cost $20.50 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.50% during this same period, inflation for intracity mass transit was lower.
In the year 2022: Pricing changed by 2.01%, which is above the average yearly change for intracity mass transit during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation for intracity mass transit was much lower.
Below are calculations of equivalent buying power for Intracity mass transit, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2022 | $20.00 | 2.01% |
2023 | $20.21 | 1.03% |
2024 | $20.50 | 1.43%* |
* 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 | 131.500 |