According to the U.S. Bureau of Labor Statistics, prices for parking and other fees are 123.64% higher in 2024 versus 1998 (a $24.73 difference in value).
Between 1998 and 2024: Parking and other fees experienced an average inflation rate of 3.14% per year. This rate of change indicates significant inflation. In other words, parking and other fees costing $20 in the year 1998 would cost $44.73 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for parking and other fees was higher.
In the year 1998: Pricing changed by 5.78%, which is above the average yearly change for parking and other fees during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for parking and other fees was much higher.
Below are calculations of equivalent buying power for Parking and other fees, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | 5.78% |
| 1999 | $20.50 | 2.52% |
| 2000 | $21.29 | 3.84% |
| 2001 | $22.25 | 4.52% |
| 2002 | $23.04 | 3.55% |
| 2003 | $23.60 | 2.44% |
| 2004 | $24.61 | 4.28% |
| 2005 | $25.97 | 5.51% |
| 2006 | $26.67 | 2.69% |
| 2007 | $27.52 | 3.19% |
| 2008 | $28.92 | 5.09% |
| 2009 | $30.69 | 6.13% |
| 2010 | $31.51 | 2.67% |
| 2011 | $32.14 | 2.00% |
| 2012 | $34.27 | 6.61% |
| 2013 | $35.29 | 2.97% |
| 2014 | $35.96 | 1.90% |
| 2015 | $36.75 | 2.20% |
| 2016 | $37.50 | 2.04% |
| 2017 | $37.86 | 0.95% |
| 2018 | $38.84 | 2.61% |
| 2019 | $40.09 | 3.21% |
| 2020 | $40.24 | 0.38% |
| 2021 | $41.02 | 1.92% |
| 2022 | $41.77 | 1.83% |
| 2023 | $42.87 | 2.64% |
| 2024 | $44.73 | 4.33%* |
* 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 Parking and other fees:
| Year | 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 | 2024 |
| CPI | 100.000 | 105.777 | 108.438 | 112.600 | 117.685 | 121.862 | 124.838 | 130.177 | 137.354 | 141.054 | 145.552 | 152.963 | 162.339 | 166.674 | 170.006 | 181.248 | 186.632 | 190.179 | 194.355 | 198.326 | 200.215 | 205.442 | 212.037 | 212.846 | 216.923 | 220.902 | 226.733 | 236.557 |