Other intercity transportation priced at $20 in 2019 $19.02 in 2020

Other Intercity Transportation Inflation Calculator


Prices for Other Intercity Transportation, 2019-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other intercity transportation were 4.91% lower in 2020 versus 2019 (a $0.98 difference in value).

Between 2019 and 2020: Other intercity transportation experienced an average inflation rate of -4.91% per year. This rate of change indicates significant deflation. In other words, other intercity transportation costing $20 in the year 2019 would cost $19.02 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 0.74% during this same period, inflation for other intercity transportation was significantly lower.

In the year 2019: Pricing changed by -0.66%, which is significantly above the average yearly change for other intercity transportation during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for other intercity transportation was lower.

Price Inflation for Other intercity transportation since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2020 (-4.91%), and 2019 (-0.66%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other intercity transportation:

Year 2018 2019 2020
CPI 160.175 159.111 151.305

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Buying power of $20 since 2019

Below are calculations of equivalent buying power for Other intercity transportation, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2019 $20.00 -0.66%
2020 $19.02 -4.91%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other intercity transportation, 2019-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2019 * 2019 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Other intercity transportation was 159.111 in the year 2019 and 151.305 in 2020:

151.305 / 159.111 * $20 = $19.02

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2019 has the same "purchasing power" as $19.02 in 2020 (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 2018. 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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