According to the U.S. Bureau of Labor Statistics, prices for private transportation were 37.72% higher in 2019 versus 2000 (a $7.54 difference in value).
Between 2000 and 2019: Private transportation experienced an average inflation rate of 1.70% per year. In other words, private transportation costing $20 in the year 2000 would cost $27.54 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for private transportation was lower.
In the year 2000: Pricing changed by 6.12%, which is significantly above the average yearly change for private transportation during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for private transportation was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Private transportation:
Year | 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 |
CPI | 103.567 | 106.167 | 101.200 | 104.200 | 107.600 | 112.933 | 118.800 | 121.900 | 124.600 | 127.533 | 131.400 | 136.267 | 140.033 | 141.000 | 137.933 | 140.500 | 149.100 | 150.033 | 148.800 | 153.600 | 159.400 | 170.200 | 176.967 | 180.778 | 191.039 | 174.762 | 188.747 | 207.641 | 212.752 | 212.399 | 210.994 | 193.698 | 189.502 | 196.635 | 206.442 | 205.344 |
Below are calculations of equivalent buying power for Private transportation, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $20.00 | 6.12% |
2001 | $20.13 | 0.63% |
2002 | $19.96 | -0.82% |
2003 | $20.60 | 3.23% |
2004 | $21.38 | 3.78% |
2005 | $22.83 | 6.78% |
2006 | $23.74 | 3.98% |
2007 | $24.25 | 2.15% |
2008 | $25.63 | 5.68% |
2009 | $23.44 | -8.52% |
2010 | $25.32 | 8.00% |
2011 | $27.85 | 10.01% |
2012 | $28.54 | 2.46% |
2013 | $28.49 | -0.17% |
2014 | $28.30 | -0.66% |
2015 | $25.98 | -8.20% |
2016 | $25.42 | -2.17% |
2017 | $26.38 | 3.76% |
2018 | $27.69 | 4.99% |
2019 | $27.54 | -0.53%* |