According to the U.S. Bureau of Labor Statistics, prices for public transportation are 2,560.40% higher in 2024 versus 1947 (a $128.02 difference in value).
Between 1947 and 2024: Public transport experienced an average inflation rate of 4.35% per year. This rate of change indicates significant inflation. In other words, public transport costing $5 in the year 1947 would cost $133.02 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.49% during this same period, inflation for public transport was higher.
In the year 1947: Pricing changed by 4.11%, which is below the average yearly change for public transport during the 1947-2024 time period. Compared to inflation for all items in 1947 (14.39%), inflation for public transport was much lower.
Below are calculations of equivalent buying power for Public transport, over time, for $5 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1947 | $5.00 | 4.11% |
| 1948 | $5.66 | 13.25% |
| 1949 | $6.29 | 11.08% |
| 1950 | $6.79 | 7.93% |
| 1951 | $7.51 | 10.56% |
| 1952 | $8.00 | 6.54% |
| 1953 | $8.53 | 6.63% |
| 1954 | $9.10 | 6.76% |
| 1955 | $9.35 | 2.74% |
| 1956 | $9.73 | 4.00% |
| 1957 | $10.10 | 3.81% |
| 1958 | $10.58 | 4.75% |
| 1959 | $10.89 | 2.95% |
| 1960 | $11.26 | 3.40% |
| 1961 | $11.76 | 4.43% |
| 1962 | $12.14 | 3.28% |
| 1963 | $12.29 | 1.22% |
| 1964 | $12.52 | 1.84% |
| 1965 | $12.77 | 2.05% |
| 1966 | $13.23 | 3.54% |
| 1967 | $13.90 | 5.07% |
| 1968 | $14.55 | 4.68% |
| 1969 | $15.66 | 7.66% |
| 1970 | $17.84 | 13.93% |
| 1971 | $19.13 | 7.18% |
| 1972 | $19.92 | 4.14% |
| 1973 | $20.12 | 1.00% |
| 1974 | $20.57 | 2.25% |
| 1975 | $22.04 | 7.14% |
| 1976 | $24.20 | 9.83% |
| 1977 | $25.35 | 4.72% |
| 1978 | $26.10 | 2.97% |
| 1979 | $27.84 | 6.66% |
| 1980 | $34.96 | 25.59% |
| 1981 | $43.36 | 24.02% |
| 1982 | $48.07 | 10.88% |
| 1983 | $50.39 | 4.81% |
| 1984 | $53.53 | 6.23% |
| 1985 | $55.97 | 4.56% |
| 1986 | $59.25 | 5.86% |
| 1987 | $61.34 | 3.53% |
| 1988 | $62.46 | 1.82% |
| 1989 | $65.62 | 5.05% |
| 1990 | $72.26 | 10.12% |
| 1991 | $75.45 | 4.42% |
| 1992 | $76.69 | 1.64% |
| 1993 | $84.60 | 10.32% |
| 1994 | $87.12 | 2.98% |
| 1995 | $89.11 | 2.28% |
| 1996 | $92.15 | 3.42% |
| 1997 | $94.60 | 2.66% |
| 1998 | $96.43 | 1.94% |
| 1999 | $100.15 | 3.86% |
| 2000 | $106.17 | 6.01% |
| 2001 | $106.71 | 0.51% |
| 2002 | $105.05 | -1.56% |
| 2003 | $106.04 | 0.94% |
| 2004 | $105.92 | -0.11% |
| 2005 | $110.07 | 3.92% |
| 2006 | $114.79 | 4.29% |
| 2007 | $116.52 | 1.51% |
| 2008 | $126.93 | 8.93% |
| 2009 | $119.74 | -5.67% |
| 2010 | $127.34 | 6.35% |
| 2011 | $136.49 | 7.18% |
| 2012 | $137.47 | 0.72% |
| 2013 | $141.27 | 2.76% |
| 2014 | $140.03 | -0.88% |
| 2015 | $136.14 | -2.77% |
| 2016 | $134.46 | -1.24% |
| 2017 | $133.30 | -0.86% |
| 2018 | $131.10 | -1.65% |
| 2019 | $131.45 | 0.27% |
| 2020 | $115.23 | -12.34% |
| 2021 | $117.14 | 1.65% |
| 2022 | $140.49 | 19.94% |
| 2023 | $135.59 | -3.49% |
| 2024 | $133.02 | -1.90%* |
* 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 Public transportation:
| Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 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 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 9.100 | 8.983 | 8.920 | 9.040 | 9.100 | 9.100 | 9.100 | 9.160 | 9.200 | 9.200 | 9.200 | 9.480 | 9.869 | 11.177 | 12.415 | 13.400 | 14.815 | 15.785 | 16.831 | 17.969 | 18.462 | 19.200 | 19.931 | 20.877 | 21.492 | 22.223 | 23.208 | 23.969 | 24.262 | 24.708 | 25.215 | 26.108 | 27.431 | 28.715 | 30.915 | 35.223 | 37.754 | 39.315 | 39.708 | 40.600 | 43.500 | 47.777 | 50.031 | 51.515 | 54.946 | 69.008 | 85.585 | 94.892 | 99.454 | 105.654 | 110.477 | 116.954 | 121.077 | 123.285 | 129.515 | 142.623 | 148.931 | 151.369 | 166.992 | 171.962 | 175.885 | 181.892 | 186.723 | 190.338 | 197.685 | 209.562 | 210.638 | 207.354 | 209.300 | 209.062 | 217.254 | 226.577 | 230.002 | 250.549 | 236.348 | 251.351 | 269.403 | 271.351 | 278.851 | 276.394 | 268.725 | 265.397 | 263.116 | 258.771 | 259.463 | 227.453 | 231.209 | 277.304 | 267.634 | 262.561 |