Sports vehicles including bicycles price inflation, 2014→2024

Sports Vehicles Including Bicycles Inflation Calculator

Prices for Sports Vehicles Including Bicycles, 2014-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sports vehicles including bicycles are 15.67% higher in 2024 versus 2014 (a $3.13 difference in value).

Between 2014 and 2024: Sports vehicles including bicycles experienced an average inflation rate of 1.47% per year. In other words, sports vehicles including bicycles costing $20 in the year 2014 would cost $23.13 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.85% during this same period, inflation for sports vehicles including bicycles was lower.

In the year 2014: Pricing changed by -0.31%, which is below the average yearly change for sports vehicles including bicycles during the 2014-2024 time period. Compared to inflation for all items in 2014 (1.62%), 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%).

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Buying power of $20.00 since 2014

Below are calculations of equivalent buying power for Sports vehicles including bicycles, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2014	$20.00	-0.31%
2015	$19.99	-0.04%
2016	$19.68	-1.57%
2017	$19.44	-1.23%
2018	$19.85	2.13%
2019	$20.55	3.53%
2020	$21.04	2.40%
2021	$22.50	6.94%
2022	$23.55	4.65%
2023	$23.57	0.10%
2024	$23.13	-1.86%*

* 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:

Year	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	74.600	79.854	87.923	93.838	97.977	99.046	102.985	106.238	105.600	105.500	108.885	112.269	115.331	117.469	119.738	120.562	122.262	125.292	125.700	124.492	125.269	128.685	130.885	132.808	131.800	130.262	130.815	133.185	137.969	137.923	139.401	140.082	141.313	146.466	148.385	150.023	149.555	149.499	147.150	145.340	148.435	153.676	157.358	168.278	176.106	176.274	172.990

Adjust sports vehicles including bicycles prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2014 * 2014 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Sports vehicles including bicycles was 149.555 in the year 2014 and 172.990 in 2024:

172.990 / 149.555 * $20 = $23.13

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $23.13 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.