Private transportation priced at $20 in 2014 $25.14 in 2022

Private Transportation Inflation Calculator


Prices for Private Transportation, 2014-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for private transportation are 25.71% higher in 2022 versus 2014 (a $5.14 difference in value).

Between 2014 and 2022: Private transportation experienced an average inflation rate of 2.90% per year. This rate of change indicates significant inflation. In other words, private transportation costing $20 in the year 2014 would cost $25.14 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.69% during this same period, inflation for private transportation was higher.

In the year 2014: Pricing changed by -0.66%, which is significantly below the average yearly change for private transportation during the 2014-2022 time period. Compared to inflation for all items in 2014 (1.62%), inflation for private transportation was lower.

Price Inflation for Private transportation since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (17.34%), 2021 (15.63%), and 2022 (15.47%).

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Buying power of $20.00 since 2014

Below are calculations of equivalent buying power for Private transportation, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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 Private transportation:


Adjust private transportation prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2014 * 2014 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Private transportation was 210.994 in the year 2014 and 265.249 in 2022:

265.249 / 210.994 * $20 = $25.14

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $25.14 in 2022 (in the CPI category of Private transportation).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Private transportation in 1935. In addition to private transportation, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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