Other intercity transportation price inflation, 2021→2023

Other Intercity Transportation Inflation Calculator

Prices for Other Intercity Transportation, 2021-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other intercity transportation are 0.75% lower in 2023 versus 2021 (a $0.15 difference in value).

Between 2021 and 2023: Other intercity transportation experienced an average inflation rate of -0.37% per year. In other words, other intercity transportation costing $20 in the year 2021 would cost $19.85 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 5.45% during this same period, inflation for other intercity transportation was significantly lower.

In the year 2021: Pricing changed by 6.88%, which is significantly above the average yearly change for other intercity transportation during the 2021-2023 time period. Compared to inflation for all items in 2021 (4.70%), 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 2021

Below are calculations of equivalent buying power for Other intercity transportation, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2021	$20.00	6.88%
2022	$19.79	-1.06%
2023	$19.85	0.32%*

* 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:

Year	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
CPI	58.623	63.531	73.062	84.231	92.000	100.038	107.938	114.700	125.438	126.654	132.600	138.515	143.338	149.015	152.492	150.892	152.838	153.323	155.977	155.069	160.423	160.554	156.338	154.392	154.977	150.054	146.408	148.562	154.631	153.884	156.969	148.162	152.508	153.489	152.102	154.034	152.913	152.858	158.297	159.644	160.175	159.111	152.093	162.556	160.830	161.340

Adjust other intercity transportation prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2021 * 2021 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Other intercity transportation was 162.556 in the year 2021 and 161.340 in 2023:

161.340 / 162.556 * $20 = $19.85

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $19.85 in 2023 (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.