According to the U.S. Bureau of Labor Statistics, prices for parking fees and tolls are 5.05% higher in 2024 versus 2023 (a $0.25 difference in value).
Between 2023 and 2024: Parking and tolls experienced an average inflation rate of 5.05% per year. This rate of change indicates significant inflation. In other words, parking and tolls costing $5 in the year 2023 would cost $5.25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for parking and tolls was higher.
In the year 2023: Pricing changed by 3.26%, which is below the average yearly change for parking and tolls during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for parking and tolls was lower.
Below are calculations of equivalent buying power for Parking and tolls, over time, for $5 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2023 | $5.00 | 3.26% |
| 2024 | $5.25 | 5.05%* |
* 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 fees and tolls:
| 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 | 106.000 | 108.638 | 113.085 | 118.231 | 122.492 | 125.908 | 132.069 | 141.415 | 145.569 | 150.402 | 160.320 | 172.765 | 178.377 | 182.524 | 198.384 | 205.393 | 210.396 | 215.851 | 221.876 | 227.284 | 232.508 | 238.995 | 240.531 | 249.059 | 255.992 | 264.327 | 277.677 |