According to the U.S. Bureau of Labor Statistics, prices for public transportation are 1,031.35% higher in 2024 versus 1961 (a $51.57 difference in value).
Between 1961 and 2024: Public transport experienced an average inflation rate of 3.93% per year. This rate of change indicates significant inflation. In other words, public transport costing $5 in the year 1961 would cost $56.57 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.80% during this same period, inflation for public transport was higher.
In the year 1961: Pricing changed by 4.43%, which is above the average yearly change for public transport during the 1961-2024 time period. Compared to inflation for all items in 1961 (1.07%), inflation for public transport was much higher.
Below are calculations of equivalent buying power for Public transport, over time, for $5 beginning in 1961. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1961 | $5.00 | 4.43% |
1962 | $5.16 | 3.28% |
1963 | $5.23 | 1.22% |
1964 | $5.32 | 1.84% |
1965 | $5.43 | 2.05% |
1966 | $5.62 | 3.54% |
1967 | $5.91 | 5.07% |
1968 | $6.19 | 4.68% |
1969 | $6.66 | 7.66% |
1970 | $7.59 | 13.93% |
1971 | $8.13 | 7.18% |
1972 | $8.47 | 4.14% |
1973 | $8.55 | 1.00% |
1974 | $8.75 | 2.25% |
1975 | $9.37 | 7.14% |
1976 | $10.29 | 9.83% |
1977 | $10.78 | 4.72% |
1978 | $11.10 | 2.97% |
1979 | $11.84 | 6.66% |
1980 | $14.87 | 25.59% |
1981 | $18.44 | 24.02% |
1982 | $20.44 | 10.88% |
1983 | $21.43 | 4.81% |
1984 | $22.76 | 6.23% |
1985 | $23.80 | 4.56% |
1986 | $25.20 | 5.86% |
1987 | $26.09 | 3.53% |
1988 | $26.56 | 1.82% |
1989 | $27.90 | 5.05% |
1990 | $30.73 | 10.12% |
1991 | $32.09 | 4.42% |
1992 | $32.61 | 1.64% |
1993 | $35.98 | 10.32% |
1994 | $37.05 | 2.98% |
1995 | $37.89 | 2.28% |
1996 | $39.19 | 3.42% |
1997 | $40.23 | 2.66% |
1998 | $41.01 | 1.94% |
1999 | $42.59 | 3.86% |
2000 | $45.15 | 6.01% |
2001 | $45.38 | 0.51% |
2002 | $44.67 | -1.56% |
2003 | $45.09 | 0.94% |
2004 | $45.04 | -0.11% |
2005 | $46.81 | 3.92% |
2006 | $48.82 | 4.29% |
2007 | $49.55 | 1.51% |
2008 | $53.98 | 8.93% |
2009 | $50.92 | -5.67% |
2010 | $54.15 | 6.35% |
2011 | $58.04 | 7.18% |
2012 | $58.46 | 0.72% |
2013 | $60.08 | 2.76% |
2014 | $59.55 | -0.88% |
2015 | $57.90 | -2.77% |
2016 | $57.18 | -1.24% |
2017 | $56.69 | -0.86% |
2018 | $55.75 | -1.65% |
2019 | $55.90 | 0.27% |
2020 | $49.00 | -12.34% |
2021 | $49.81 | 1.65% |
2022 | $59.74 | 19.94% |
2023 | $57.66 | -3.49% |
2024 | $56.57 | -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 |