According to the U.S. Bureau of Labor Statistics, prices for sports vehicles including bicycles are 17.77% higher in 2024 versus 2016 (a $3.55 difference in value).
Between 2016 and 2024: Sports vehicles including bicycles experienced an average inflation rate of 2.07% per year. This rate of change indicates significant inflation. In other words, sports vehicles including bicycles costing $20 in the year 2016 would cost $23.55 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for sports vehicles including bicycles was lower.
In the year 2016: Pricing changed by -1.57%, which is significantly below the average yearly change for sports vehicles including bicycles during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for sports vehicles including bicycles was lower.
Below are calculations of equivalent buying power for Sports vehicles including bicycles, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2016 | $20.00 | -1.57% |
| 2017 | $19.75 | -1.23% |
| 2018 | $20.17 | 2.13% |
| 2019 | $20.89 | 3.53% |
| 2020 | $21.39 | 2.40% |
| 2021 | $22.87 | 6.94% |
| 2022 | $23.94 | 4.65% |
| 2023 | $23.96 | 0.10% |
| 2024 | $23.55 | -1.69%* |
* 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 | 173.295 |