Other intercity transportation priced at $20 in 1994 $20.59 in 2024

Other Intercity Transportation Inflation Calculator

$

Prices for Other Intercity Transportation, 1994-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other intercity transportation are 2.95% higher in 2024 versus 1994 (a $0.59 difference in value).

Between 1994 and 2024: Other intercity transportation experienced an average inflation rate of 0.10% per year. In other words, other intercity transportation costing $20 in the year 1994 would cost $20.59 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for other intercity transportation was lower.

In the year 1994: Pricing changed by 1.29%, which is above the average yearly change for other intercity transportation during the 1994-2024 time period. Compared to inflation for all items in 1994 (2.60%), inflation for other intercity transportation was lower.

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%).

View price changes for other categories
Detroit, Michigan · San Francisco, California · Fish and seafood · Minneapolis-St Paul, Minnesota · More

Buying power of $20.00 since 1994

Below are calculations of equivalent buying power for Other intercity transportation, over time, for $20 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$20.001.29%
1995$20.060.32%
1996$20.411.73%
1997$20.29-0.58%
1998$20.993.45%
1999$21.010.08%
2000$20.46-2.63%
2001$20.20-1.24%
2002$20.280.38%
2003$19.64-3.18%
2004$19.16-2.43%
2005$19.441.47%
2006$20.234.09%
2007$20.14-0.48%
2008$20.542.00%
2009$19.39-5.61%
2010$19.962.93%
2011$20.090.64%
2012$19.90-0.90%
2013$20.161.27%
2014$20.01-0.73%
2015$20.00-0.04%
2016$20.713.56%
2017$20.890.85%
2018$20.960.33%
2019$20.82-0.66%
2020$19.90-4.41%
2021$21.276.88%
2022$21.05-1.06%
2023$21.461.95%
2024$20.59-4.04%*

* 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 1994 * 1994 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Other intercity transportation was 152.838 in the year 1994 and 157.347 in 2024:

157.347 / 152.838 * $20 = $20.59

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1994 has the same "purchasing power" as $20.59 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.

» Read more about inflation and investment.