Transportation services priced at $400 in 2003 → $600.92 in 2019

Transportation Services Inflation Calculator

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Prices for Transportation Services, 2003-2019 ($400)

According to the U.S. Bureau of Labor Statistics, prices for transportation services were 50.23% higher in 2019 versus 2003 (a $200.92 difference in value).

Between 2003 and 2019: Transportation services experienced an average inflation rate of 2.58% per year. This rate of change indicates significant inflation. In other words, transportation services costing $400 in the year 2003 would cost $600.92 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.08% during this same period, inflation for transportation services was higher.

In the year 2003: Pricing changed by 3.44%, which is above the average yearly change for transportation services during the 2003-2019 time period. Compared to inflation for all items in 2003 (2.27%), inflation for transportation services was higher.

Price Inflation for Transportation services since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1976 (14.14%), 1980 (14%), and 1948 (12.42%).
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Buying power of $400.00 since 2003

Below are calculations of equivalent buying power for Transportation services, over time, for $400 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$400.003.44%
2004$407.851.96%
2005$417.272.31%
2006$426.702.26%
2007$432.201.29%
2008$451.334.43%
2009$464.192.85%
2010$480.453.50%
2011$495.583.15%
2012$504.561.81%
2013$517.772.62%
2014$527.481.88%
2015$538.132.02%
2016$553.692.89%
2017$573.083.50%
2018$595.083.84%
2019$600.920.98%
2020$578.42-3.74%
2021$599.443.63%
2022$661.5910.37%
2023$732.6910.75%
2024$778.546.26%*

* 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 Transportation services:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI11.80011.75011.70011.78011.80011.80011.84012.54012.48012.50012.50012.74013.20014.84016.42017.46019.12020.46021.72022.66022.66023.00024.10825.62326.51527.21527.83128.25428.58529.20030.33831.60032.62333.93136.30840.17743.42344.40044.67746.32349.83156.87761.47764.43169.46979.19288.63896.10099.115104.800110.000116.308121.900128.023135.608144.162151.154155.662162.885168.569175.854180.454185.023187.869190.669196.092201.862209.123216.315220.562225.654230.754233.731244.074251.031259.823268.002272.858280.002285.255291.012299.427309.915321.814324.971312.803324.169357.779396.233421.028

Adjust transportation services prices for inflation

Start with the inflation rate formula:

CPI in 2019 / CPI in 2003 * 2003 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Transportation services was 216.315 in the year 2003 and 324.971 in 2019:

324.971 / 216.315 * $400 = $600.92

Therefore, according to U.S. Bureau of Labor Statistics, $400 in 2003 has the same "purchasing power" as $600.92 in 2019 (in the CPI category of Transportation services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Transportation services in 1935. In addition to transportation services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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