Intracity transportation priced at $20 in 2014 $23.02 in 2024

Intracity Transportation Inflation Calculator

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Prices for Intracity Transportation, 2014-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for intracity transportation are 15.08% higher in 2024 versus 2014 (a $3.02 difference in value).

Between 2014 and 2024: Intracity transportation experienced an average inflation rate of 1.41% per year. In other words, intracity transportation costing $20 in the year 2014 would cost $23.02 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.84% during this same period, inflation for intracity transportation was lower.

In the year 2014: Pricing changed by 1.24%, which is below the average yearly change for intracity transportation during the 2014-2024 time period. Compared to inflation for all items in 2014 (1.62%), inflation for intracity transportation was lower.

Price Inflation for Intracity transportation since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1981 (22.98%), 1980 (15.10%), and 1982 (11.79%).

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Buying power of $20.00 since 2014

Below are calculations of equivalent buying power for Intracity transportation, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2014$20.001.24%
2015$20.432.17%
2016$20.771.66%
2017$21.131.74%
2018$21.511.76%
2019$21.741.09%
2020$21.32-1.93%
2021$21.812.30%
2022$22.603.61%
2023$22.800.88%
2024$23.020.96%*

* 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:

Year19781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI57.56260.58569.73185.75495.86298.992105.162107.654115.769118.800121.654125.231133.469138.915146.892150.692152.700157.462173.223175.769174.215172.438174.885180.138184.131197.354208.908218.531225.938230.623239.840251.083261.045273.302281.733293.787297.427303.872308.912314.291319.821323.311317.080324.363336.080339.052342.292

Adjust intracity transportation prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2014 * 2014 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Intracity transportation was 297.427 in the year 2014 and 342.292 in 2024:

342.292 / 297.427 * $20 = $23.02

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $23.02 in 2024 (in the CPI category of Intracity transportation).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Intracity transportation in 1978. In addition to intracity transportation, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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