According to the U.S. Bureau of Labor Statistics, prices for public transportation are 546.70% higher in 2024 versus 1974 (a $27.34 difference in value).
Between 1974 and 2024: Public transport experienced an average inflation rate of 3.80% per year. This rate of change indicates significant inflation. In other words, public transport costing $5 in the year 1974 would cost $32.34 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.77% during this same period, inflation for public transport was higher.
In the year 1974: Pricing changed by 2.25%, which is below the average yearly change for public transport during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), inflation for public transport was much lower.
Below are calculations of equivalent buying power for Public transport, over time, for $5 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1974 | $5.00 | 2.25% |
| 1975 | $5.36 | 7.14% |
| 1976 | $5.88 | 9.83% |
| 1977 | $6.16 | 4.72% |
| 1978 | $6.34 | 2.97% |
| 1979 | $6.77 | 6.66% |
| 1980 | $8.50 | 25.59% |
| 1981 | $10.54 | 24.02% |
| 1982 | $11.69 | 10.88% |
| 1983 | $12.25 | 4.81% |
| 1984 | $13.01 | 6.23% |
| 1985 | $13.61 | 4.56% |
| 1986 | $14.40 | 5.86% |
| 1987 | $14.91 | 3.53% |
| 1988 | $15.18 | 1.82% |
| 1989 | $15.95 | 5.05% |
| 1990 | $17.56 | 10.12% |
| 1991 | $18.34 | 4.42% |
| 1992 | $18.64 | 1.64% |
| 1993 | $20.57 | 10.32% |
| 1994 | $21.18 | 2.98% |
| 1995 | $21.66 | 2.28% |
| 1996 | $22.40 | 3.42% |
| 1997 | $23.00 | 2.66% |
| 1998 | $23.44 | 1.94% |
| 1999 | $24.35 | 3.86% |
| 2000 | $25.81 | 6.01% |
| 2001 | $25.94 | 0.51% |
| 2002 | $25.54 | -1.56% |
| 2003 | $25.78 | 0.94% |
| 2004 | $25.75 | -0.11% |
| 2005 | $26.76 | 3.92% |
| 2006 | $27.90 | 4.29% |
| 2007 | $28.33 | 1.51% |
| 2008 | $30.86 | 8.93% |
| 2009 | $29.11 | -5.67% |
| 2010 | $30.95 | 6.35% |
| 2011 | $33.18 | 7.18% |
| 2012 | $33.42 | 0.72% |
| 2013 | $34.34 | 2.76% |
| 2014 | $34.04 | -0.88% |
| 2015 | $33.09 | -2.77% |
| 2016 | $32.68 | -1.24% |
| 2017 | $32.40 | -0.86% |
| 2018 | $31.87 | -1.65% |
| 2019 | $31.95 | 0.27% |
| 2020 | $28.01 | -12.34% |
| 2021 | $28.47 | 1.65% |
| 2022 | $34.15 | 19.94% |
| 2023 | $32.96 | -3.49% |
| 2024 | $32.34 | -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 |