According to the U.S. Bureau of Labor Statistics, prices for other intercity transportation were 5.54% lower in 2020 versus 2018 (a $1.11 difference in value).
Between 2018 and 2020: Other intercity transportation experienced an average inflation rate of -2.81% per year. This rate of change indicates significant deflation. In other words, other intercity transportation costing $20 in the year 2018 would cost $18.89 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for other intercity transportation was significantly lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other intercity transportation:
Below are calculations of equivalent buying power for Other intercity transportation, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|