Sports vehicles including bicycles priced at $20 in 1978 $46.56 in 2024

Sports Vehicles Including Bicycles Inflation Calculator

$

Prices for Sports Vehicles Including Bicycles, 1978-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sports vehicles including bicycles are 132.78% higher in 2024 versus 1978 (a $26.56 difference in value).

Between 1978 and 2024: Sports vehicles including bicycles experienced an average inflation rate of 1.85% per year. In other words, sports vehicles including bicycles costing $20 in the year 1978 would cost $46.56 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for sports vehicles including bicycles was lower.

Price Inflation for Sports vehicles including bicycles since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (10.10%), 1979 (7.04%), and 2021 (6.94%).

View price changes for other categories
Bread · Dental services · Financial services · Film and photographic supplies · More

Buying power of $20.00 since 1978

Below are calculations of equivalent buying power for Sports vehicles including bicycles, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$20.00-
1979$21.417.04%
1980$23.5710.10%
1981$25.166.73%
1982$26.274.41%
1983$26.551.09%
1984$27.613.98%
1985$28.483.16%
1986$28.31-0.60%
1987$28.28-0.09%
1988$29.193.21%
1989$30.103.11%
1990$30.922.73%
1991$31.491.85%
1992$32.101.93%
1993$32.320.69%
1994$32.781.41%
1995$33.592.48%
1996$33.700.33%
1997$33.38-0.96%
1998$33.580.62%
1999$34.502.73%
2000$35.091.71%
2001$35.611.47%
2002$35.34-0.76%
2003$34.92-1.17%
2004$35.070.43%
2005$35.711.81%
2006$36.993.59%
2007$36.98-0.03%
2008$37.371.07%
2009$37.560.49%
2010$37.890.88%
2011$39.273.65%
2012$39.781.31%
2013$40.221.10%
2014$40.10-0.31%
2015$40.08-0.04%
2016$39.45-1.57%
2017$38.97-1.23%
2018$39.792.13%
2019$41.203.53%
2020$42.192.40%
2021$45.116.94%
2022$47.214.65%
2023$47.260.10%
2024$46.56-1.48%*

* 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 Sports vehicles including bicycles:

Year19781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI74.60079.85487.92393.83897.97799.046102.985106.238105.600105.500108.885112.269115.331117.469119.738120.562122.262125.292125.700124.492125.269128.685130.885132.808131.800130.262130.815133.185137.969137.923139.401140.082141.313146.466148.385150.023149.555149.499147.150145.340148.435153.676157.358168.278176.106176.274173.656

Adjust sports vehicles including bicycles prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1978 * 1978 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Sports vehicles including bicycles was 74.600 in the year 1978 and 173.656 in 2024:

173.656 / 74.600 * $20 = $46.56

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1978 has the same "purchasing power" as $46.56 in 2024 (in the CPI category of Sports vehicles including bicycles).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Sports vehicles including bicycles in 1978. In addition to sports vehicles including bicycles, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.