According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,797.75% higher in 2024 versus 1935 (a $149,029,744,135.42 difference in value).
Between 1935 and 2024: Transportation experienced an average inflation rate of 3.36% per year. This rate of change indicates significant inflation. In other words, transportation costing $8,289,808,707 in the year 1935 would cost $157,319,552,842.42 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.57% during this same period, inflation for transportation was lower.
Below are calculations of equivalent buying power for Transportation, over time, for $8,289,808,707 beginning in 1935. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1935 | $8,289,808,707.00 | - |
1936 | $8,328,727,996.70 | 0.47% |
1937 | $8,499,972,871.40 | 2.06% |
1938 | $8,535,000,232.14 | 0.41% |
1939 | $8,348,187,641.56 | -2.19% |
1940 | $8,301,484,493.91 | -0.56% |
1941 | $8,616,730,740.52 | 3.80% |
1942 | $9,352,305,315.93 | 8.54% |
1943 | $9,293,926,381.37 | -0.62% |
1944 | $9,282,250,594.46 | -0.13% |
1945 | $9,282,250,594.46 | 0.00% ** |
1946 | $9,842,688,366.20 | 6.04% |
1947 | $10,773,158,769.28 | 9.45% |
1948 | $12,012,588,456.78 | 11.50% |
1949 | $12,910,725,911.50 | 7.48% |
1950 | $13,243,036,769.74 | 2.57% |
1951 | $14,091,776,664.45 | 6.41% |
1952 | $15,021,348,930.07 | 6.60% |
1953 | $15,452,454,908.34 | 2.87% |
1954 | $15,227,920,544.66 | -1.45% |
1955 | $15,043,802,366.44 | -1.21% |
1956 | $15,313,243,602.85 | 1.79% |
1957 | $16,166,474,184.83 | 5.57% |
1958 | $16,700,865,970.39 | 3.31% |
1959 | $17,392,431,810.52 | 4.14% |
1960 | $17,387,941,123.24 | -0.03% |
1961 | $17,585,531,363.28 | 1.14% |
1962 | $17,953,767,719.71 | 2.09% |
1963 | $18,052,562,839.73 | 0.55% |
1964 | $18,322,004,076.14 | 1.49% |
1965 | $18,622,880,123.47 | 1.64% |
1966 | $18,887,830,672.61 | 1.42% |
1967 | $19,426,713,145.44 | 2.85% |
1968 | $20,046,427,989.19 | 3.19% |
1969 | $20,818,826,200.24 | 3.85% |
1970 | $21,887,609,771.35 | 5.13% |
1971 | $23,037,225,713.39 | 5.25% |
1972 | $23,306,666,949.80 | 1.17% |
1973 | $24,043,139,662.66 | 3.16% |
1974 | $26,737,552,026.80 | 11.21% |
1975 | $29,247,846,212.73 | 9.39% |
1976 | $32,157,811,566.00 | 9.95% |
1977 | $34,425,608,639.15 | 7.05% |
1978 | $36,037,765,370.35 | 4.68% |
1979 | $41,175,111,611.31 | 14.26% |
1980 | $48,508,403,929.04 | 17.81% |
1981 | $54,382,222,882.87 | 12.11% |
1982 | $56,623,075,832.37 | 4.12% |
1983 | $57,974,772,701.72 | 2.39% |
1984 | $60,547,936,509.47 | 4.44% |
1985 | $62,146,621,178.86 | 2.64% |
1986 | $59,730,631,425.68 | -3.89% |
1987 | $61,535,887,709.65 | 3.02% |
1988 | $63,435,448,426.37 | 3.09% |
1989 | $66,610,364,328.78 | 5.00% |
1990 | $70,355,597,514.93 | 5.62% |
1991 | $72,291,083,729.84 | 2.75% |
1992 | $73,871,805,650.14 | 2.19% |
1993 | $76,103,677,225.10 | 3.02% |
1994 | $78,402,909,109.16 | 3.02% |
1995 | $81,209,588,655.14 | 3.58% |
1996 | $83,499,839,164.66 | 2.82% |
1997 | $84,227,330,502.98 | 0.87% |
1998 | $82,637,627,208.13 | -1.89% |
1999 | $84,299,181,499.35 | 2.01% |
2000 | $89,512,869,423.96 | 6.18% |
2001 | $90,051,751,896.79 | 0.60% |
2002 | $89,238,937,500.27 | -0.90% |
2003 | $91,982,747,424.42 | 3.07% |
2004 | $95,216,042,261.39 | 3.52% |
2005 | $101,525,457,880.75 | 6.63% |
2006 | $105,585,039,176.05 | 4.00% |
2007 | $107,815,159,382.97 | 2.11% |
2008 | $114,159,602,363.06 | 5.88% |
2009 | $104,645,632,305.29 | -8.33% |
2010 | $112,902,479,367.70 | 7.89% |
2011 | $123,977,008,159.91 | 9.81% |
2012 | $126,879,249,531.07 | 2.34% |
2013 | $126,922,584,663.26 | 0.03% |
2014 | $126,063,022,212.23 | -0.68% |
2015 | $116,212,969,118.90 | -7.81% |
2016 | $113,776,816,179.87 | -2.10% |
2017 | $117,671,544,345.36 | 3.42% |
2018 | $122,983,129,252.53 | 4.51% |
2019 | $122,635,594,964.43 | -0.28% |
2020 | $117,536,778,820.28 | -4.16% |
2021 | $134,655,099,079.61 | 14.56% |
2022 | $155,480,526,590.15 | 15.47% |
2023 | $155,859,136,434.18 | 0.24% |
2024 | $157,319,552,842.42 | 0.94%* |
* 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:
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 | 14.200 | 14.267 | 14.560 | 14.620 | 14.300 | 14.220 | 14.760 | 16.020 | 15.920 | 15.900 | 15.900 | 16.860 | 18.454 | 20.577 | 22.115 | 22.685 | 24.138 | 25.731 | 26.469 | 26.085 | 25.769 | 26.231 | 27.692 | 28.608 | 29.792 | 29.785 | 30.123 | 30.754 | 30.923 | 31.385 | 31.900 | 32.354 | 33.277 | 34.338 | 35.662 | 37.492 | 39.462 | 39.923 | 41.185 | 45.800 | 50.100 | 55.085 | 58.969 | 61.731 | 70.531 | 83.092 | 93.154 | 96.992 | 99.308 | 103.715 | 106.454 | 102.315 | 105.408 | 108.662 | 114.100 | 120.515 | 123.831 | 126.538 | 130.362 | 134.300 | 139.108 | 143.031 | 144.277 | 141.554 | 144.400 | 153.331 | 154.254 | 152.862 | 157.562 | 163.100 | 173.908 | 180.862 | 184.682 | 195.549 | 179.252 | 193.396 | 212.366 | 217.337 | 217.412 | 215.939 | 199.067 | 194.894 | 201.565 | 210.664 | 210.068 | 201.334 | 230.657 | 266.330 | 266.978 | 269.480 |