According to the U.S. Bureau of Labor Statistics, prices for public transportation are 1,456.67% higher in 2024 versus 1953 (a $72.83 difference in value).
Between 1953 and 2024: Public transport experienced an average inflation rate of 3.94% per year. This rate of change indicates significant inflation. In other words, public transport costing $5 in the year 1953 would cost $77.83 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.53% during this same period, inflation for public transport was higher.
In the year 1953: Pricing changed by 6.63%, which is above the average yearly change for public transport during the 1953-2024 time period. Compared to inflation for all items in 1953 (0.81%), inflation for public transport was much higher.
Below are calculations of equivalent buying power for Public transport, over time, for $5 beginning in 1953. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1953 | $5.00 | 6.63% |
| 1954 | $5.34 | 6.76% |
| 1955 | $5.48 | 2.74% |
| 1956 | $5.70 | 4.00% |
| 1957 | $5.92 | 3.81% |
| 1958 | $6.20 | 4.75% |
| 1959 | $6.38 | 2.95% |
| 1960 | $6.60 | 3.40% |
| 1961 | $6.89 | 4.43% |
| 1962 | $7.12 | 3.28% |
| 1963 | $7.21 | 1.22% |
| 1964 | $7.34 | 1.84% |
| 1965 | $7.49 | 2.05% |
| 1966 | $7.76 | 3.54% |
| 1967 | $8.15 | 5.07% |
| 1968 | $8.53 | 4.68% |
| 1969 | $9.18 | 7.66% |
| 1970 | $10.46 | 13.93% |
| 1971 | $11.22 | 7.18% |
| 1972 | $11.68 | 4.14% |
| 1973 | $11.80 | 1.00% |
| 1974 | $12.06 | 2.25% |
| 1975 | $12.92 | 7.14% |
| 1976 | $14.19 | 9.83% |
| 1977 | $14.86 | 4.72% |
| 1978 | $15.30 | 2.97% |
| 1979 | $16.32 | 6.66% |
| 1980 | $20.50 | 25.59% |
| 1981 | $25.43 | 24.02% |
| 1982 | $28.19 | 10.88% |
| 1983 | $29.55 | 4.81% |
| 1984 | $31.39 | 6.23% |
| 1985 | $32.82 | 4.56% |
| 1986 | $34.74 | 5.86% |
| 1987 | $35.97 | 3.53% |
| 1988 | $36.62 | 1.82% |
| 1989 | $38.48 | 5.05% |
| 1990 | $42.37 | 10.12% |
| 1991 | $44.24 | 4.42% |
| 1992 | $44.97 | 1.64% |
| 1993 | $49.61 | 10.32% |
| 1994 | $51.09 | 2.98% |
| 1995 | $52.25 | 2.28% |
| 1996 | $54.04 | 3.42% |
| 1997 | $55.47 | 2.66% |
| 1998 | $56.54 | 1.94% |
| 1999 | $58.73 | 3.86% |
| 2000 | $62.26 | 6.01% |
| 2001 | $62.58 | 0.51% |
| 2002 | $61.60 | -1.56% |
| 2003 | $62.18 | 0.94% |
| 2004 | $62.11 | -0.11% |
| 2005 | $64.54 | 3.92% |
| 2006 | $67.31 | 4.29% |
| 2007 | $68.33 | 1.51% |
| 2008 | $74.43 | 8.93% |
| 2009 | $70.21 | -5.67% |
| 2010 | $74.67 | 6.35% |
| 2011 | $80.03 | 7.18% |
| 2012 | $80.61 | 0.72% |
| 2013 | $82.84 | 2.76% |
| 2014 | $82.11 | -0.88% |
| 2015 | $79.83 | -2.77% |
| 2016 | $78.84 | -1.24% |
| 2017 | $78.17 | -0.86% |
| 2018 | $76.87 | -1.65% |
| 2019 | $77.08 | 0.27% |
| 2020 | $67.57 | -12.34% |
| 2021 | $68.69 | 1.65% |
| 2022 | $82.38 | 19.94% |
| 2023 | $79.51 | -3.49% |
| 2024 | $77.83 | -2.11%* |
* 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 | 261.999 |