According to the U.S. Bureau of Labor Statistics, prices for public transportation are 52.36% higher in 2024 versus 1994 (a $2.62 difference in value).
Between 1994 and 2024: Public transport experienced an average inflation rate of 1.41% per year. In other words, public transport costing $5 in the year 1994 would cost $7.62 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for public transport was lower.
In the year 1994: Pricing changed by 2.98%, which is above the average yearly change for public transport during the 1994-2024 time period. Compared to inflation for all items in 1994 (2.60%), inflation for public transport was higher.
Below are calculations of equivalent buying power for Public transport, over time, for $5 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1994 | $5.00 | 2.98% |
1995 | $5.11 | 2.28% |
1996 | $5.29 | 3.42% |
1997 | $5.43 | 2.66% |
1998 | $5.53 | 1.94% |
1999 | $5.75 | 3.86% |
2000 | $6.09 | 6.01% |
2001 | $6.12 | 0.51% |
2002 | $6.03 | -1.56% |
2003 | $6.09 | 0.94% |
2004 | $6.08 | -0.11% |
2005 | $6.32 | 3.92% |
2006 | $6.59 | 4.29% |
2007 | $6.69 | 1.51% |
2008 | $7.29 | 8.93% |
2009 | $6.87 | -5.67% |
2010 | $7.31 | 6.35% |
2011 | $7.83 | 7.18% |
2012 | $7.89 | 0.72% |
2013 | $8.11 | 2.76% |
2014 | $8.04 | -0.88% |
2015 | $7.81 | -2.77% |
2016 | $7.72 | -1.24% |
2017 | $7.65 | -0.86% |
2018 | $7.52 | -1.65% |
2019 | $7.54 | 0.27% |
2020 | $6.61 | -12.34% |
2021 | $6.72 | 1.65% |
2022 | $8.06 | 19.94% |
2023 | $7.78 | -3.49% |
2024 | $7.62 | -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 |