According to the U.S. Bureau of Labor Statistics, prices for intracity transportation are 73.46% higher in 2024 versus 2003 (a $14.69 difference in value).
Between 2003 and 2024: Intracity transportation experienced an average inflation rate of 2.66% per year. This rate of change indicates significant inflation. In other words, intracity transportation costing $20 in the year 2003 would cost $34.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for intracity transportation was higher.
In the year 2003: Pricing changed by 7.18%, which is significantly above the average yearly change for intracity transportation during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for intracity transportation was much higher.
Below are calculations of equivalent buying power for Intracity transportation, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2003 | $20.00 | 7.18% |
2004 | $21.17 | 5.85% |
2005 | $22.15 | 4.61% |
2006 | $22.90 | 3.39% |
2007 | $23.37 | 2.07% |
2008 | $24.31 | 4.00% |
2009 | $25.44 | 4.69% |
2010 | $26.45 | 3.97% |
2011 | $27.70 | 4.70% |
2012 | $28.55 | 3.08% |
2013 | $29.77 | 4.28% |
2014 | $30.14 | 1.24% |
2015 | $30.79 | 2.17% |
2016 | $31.31 | 1.66% |
2017 | $31.85 | 1.74% |
2018 | $32.41 | 1.76% |
2019 | $32.76 | 1.09% |
2020 | $32.13 | -1.93% |
2021 | $32.87 | 2.30% |
2022 | $34.06 | 3.61% |
2023 | $34.36 | 0.88% |
2024 | $34.69 | 0.97%* |
* 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 transportation:
Year | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 57.562 | 60.585 | 69.731 | 85.754 | 95.862 | 98.992 | 105.162 | 107.654 | 115.769 | 118.800 | 121.654 | 125.231 | 133.469 | 138.915 | 146.892 | 150.692 | 152.700 | 157.462 | 173.223 | 175.769 | 174.215 | 172.438 | 174.885 | 180.138 | 184.131 | 197.354 | 208.908 | 218.531 | 225.938 | 230.623 | 239.840 | 251.083 | 261.045 | 273.302 | 281.733 | 293.787 | 297.427 | 303.872 | 308.912 | 314.291 | 319.821 | 323.311 | 317.080 | 324.363 | 336.080 | 339.052 | 342.326 |