Other intercity transportation priced at $20 in 1988 $23.73 in 2024

Other Intercity Transportation Inflation Calculator

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Prices for Other Intercity Transportation, 1988-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other intercity transportation are 18.66% higher in 2024 versus 1988 (a $3.73 difference in value).

Between 1988 and 2024: Other intercity transportation experienced an average inflation rate of 0.48% per year. In other words, other intercity transportation costing $20 in the year 1988 would cost $23.73 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for other intercity transportation was lower.

In the year 1988: Pricing changed by 4.69%, which is significantly above the average yearly change for other intercity transportation during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation for other intercity transportation was higher.

Price Inflation for Other intercity transportation since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1981 (15.29%), 1980 (15%), and 1986 (9.36%).

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Buying power of $20.00 since 1988

Below are calculations of equivalent buying power for Other intercity transportation, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$20.004.69%
1989$20.894.46%
1990$21.623.48%
1991$22.483.96%
1992$23.002.33%
1993$22.76-1.05%
1994$23.051.29%
1995$23.130.32%
1996$23.531.73%
1997$23.39-0.58%
1998$24.203.45%
1999$24.220.08%
2000$23.58-2.63%
2001$23.29-1.24%
2002$23.380.38%
2003$22.63-3.18%
2004$22.08-2.43%
2005$22.411.47%
2006$23.324.09%
2007$23.21-0.48%
2008$23.682.00%
2009$22.35-5.61%
2010$23.002.93%
2011$23.150.64%
2012$22.94-0.90%
2013$23.231.27%
2014$23.06-0.73%
2015$23.06-0.04%
2016$23.883.56%
2017$24.080.85%
2018$24.160.33%
2019$24.00-0.66%
2020$22.94-4.41%
2021$24.526.88%
2022$24.26-1.06%
2023$24.731.95%
2024$23.73-4.04%*

* 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 Other intercity transportation:

Year19781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI58.62363.53173.06284.23192.000100.038107.938114.700125.438126.654132.600138.515143.338149.015152.492150.892152.838153.323155.977155.069160.423160.554156.338154.392154.977150.054146.408148.562154.631153.884156.969148.162152.508153.489152.102154.034152.913152.858158.297159.644160.175159.111152.093162.556160.830163.970157.347

Adjust other intercity transportation prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1988 * 1988 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Other intercity transportation was 132.600 in the year 1988 and 157.347 in 2024:

157.347 / 132.600 * $20 = $23.73

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1988 has the same "purchasing power" as $23.73 in 2024 (in the CPI category of Other intercity transportation).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other intercity transportation in 1978. In addition to other intercity 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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