Intracity mass transit priced at $20 in 2022 $20.50 in 2024

Intracity Mass Transit Inflation Calculator

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Prices for Intracity Mass Transit, 2022-2024 ($20)

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.

Price Inflation for Intracity mass transit since 2009

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2011 (5.48%), 2013 (4.40%), and 2020 (-3.14%).

View price changes for other categories
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Buying power of $20.00 since 2022

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:

YearUSD ValueInflation Rate
2022$20.002.01%
2023$20.211.03%
2024$20.501.43%*

* 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:

Year2009201020112012201320142015201620172018201920202021202220232024
CPI100.000102.707108.338111.061115.953117.481120.157122.349124.527128.013129.808125.732125.796128.320129.647131.500

Adjust intracity mass transit prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2022 * 2022 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Intracity mass transit was 128.320 in the year 2022 and 131.500 in 2024:

131.500 / 128.320 * $20 = $20.50

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2022 has the same "purchasing power" as $20.50 in 2024 (in the CPI category of Intracity mass transit).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Intracity mass transit in 2009. In addition to intracity mass transit, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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