According to the U.S. Bureau of Labor Statistics, prices for parking and other fees are 15.03% higher in 2024 versus 2018 (a $3.01 difference in value).
Between 2018 and 2024: Parking and other fees experienced an average inflation rate of 2.36% per year. This rate of change indicates significant inflation. In other words, parking and other fees costing $20 in the year 2018 would cost $23.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.77% during this same period, inflation for parking and other fees was lower.
In the year 2018: Pricing changed by 2.61%, which is above the average yearly change for parking and other fees during the 2018-2024 time period. Compared to inflation for all items in 2018 (2.44%), inflation for parking and other fees was higher.
Below are calculations of equivalent buying power for Parking and other fees, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2018 | $20.00 | 2.61% |
| 2019 | $20.64 | 3.21% |
| 2020 | $20.72 | 0.38% |
| 2021 | $21.12 | 1.92% |
| 2022 | $21.51 | 1.83% |
| 2023 | $22.07 | 2.64% |
| 2024 | $23.01 | 4.23%* |
* 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 | 236.326 |