According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,780.83% higher in 2024 versus 1935 (a $17,244.12 difference in value).
Between 1935 and 2024: Transportation experienced an average inflation rate of 3.35% per year. This rate of change indicates significant inflation. In other words, transportation costing $968.32 in the year 1935 would cost $18,212.44 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 $968.32 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 | $968.32 | - |
1936 | $972.87 | 0.47% |
1937 | $992.87 | 2.06% |
1938 | $996.96 | 0.41% |
1939 | $975.14 | -2.19% |
1940 | $969.68 | -0.56% |
1941 | $1,006.51 | 3.80% |
1942 | $1,092.43 | 8.54% |
1943 | $1,085.61 | -0.62% |
1944 | $1,084.25 | -0.13% |
1945 | $1,084.25 | 0.00% ** |
1946 | $1,149.71 | 6.04% |
1947 | $1,258.40 | 9.45% |
1948 | $1,403.17 | 11.50% |
1949 | $1,508.08 | 7.48% |
1950 | $1,546.90 | 2.57% |
1951 | $1,646.04 | 6.41% |
1952 | $1,754.62 | 6.60% |
1953 | $1,804.98 | 2.87% |
1954 | $1,778.75 | -1.45% |
1955 | $1,757.24 | -1.21% |
1956 | $1,788.72 | 1.79% |
1957 | $1,888.38 | 5.57% |
1958 | $1,950.80 | 3.31% |
1959 | $2,031.58 | 4.14% |
1960 | $2,031.06 | -0.03% |
1961 | $2,054.14 | 1.14% |
1962 | $2,097.15 | 2.09% |
1963 | $2,108.69 | 0.55% |
1964 | $2,140.17 | 1.49% |
1965 | $2,175.31 | 1.64% |
1966 | $2,206.26 | 1.42% |
1967 | $2,269.20 | 2.85% |
1968 | $2,341.59 | 3.19% |
1969 | $2,431.82 | 3.85% |
1970 | $2,556.66 | 5.13% |
1971 | $2,690.94 | 5.25% |
1972 | $2,722.42 | 1.17% |
1973 | $2,808.44 | 3.16% |
1974 | $3,123.17 | 11.21% |
1975 | $3,416.40 | 9.39% |
1976 | $3,756.31 | 9.95% |
1977 | $4,021.20 | 7.05% |
1978 | $4,209.52 | 4.68% |
1979 | $4,809.60 | 14.26% |
1980 | $5,666.19 | 17.81% |
1981 | $6,352.31 | 12.11% |
1982 | $6,614.06 | 4.12% |
1983 | $6,771.95 | 2.39% |
1984 | $7,072.51 | 4.44% |
1985 | $7,259.25 | 2.64% |
1986 | $6,977.04 | -3.89% |
1987 | $7,187.91 | 3.02% |
1988 | $7,409.80 | 3.09% |
1989 | $7,780.66 | 5.00% |
1990 | $8,218.13 | 5.62% |
1991 | $8,444.21 | 2.75% |
1992 | $8,628.85 | 2.19% |
1993 | $8,889.56 | 3.02% |
1994 | $9,158.13 | 3.02% |
1995 | $9,485.97 | 3.58% |
1996 | $9,753.49 | 2.82% |
1997 | $9,838.47 | 0.87% |
1998 | $9,652.78 | -1.89% |
1999 | $9,846.86 | 2.01% |
2000 | $10,455.86 | 6.18% |
2001 | $10,518.81 | 0.60% |
2002 | $10,423.87 | -0.90% |
2003 | $10,744.37 | 3.07% |
2004 | $11,122.04 | 3.52% |
2005 | $11,859.03 | 6.63% |
2006 | $12,333.23 | 4.00% |
2007 | $12,593.73 | 2.11% |
2008 | $13,334.81 | 5.88% |
2009 | $12,223.50 | -8.33% |
2010 | $13,187.97 | 7.89% |
2011 | $14,481.57 | 9.81% |
2012 | $14,820.57 | 2.34% |
2013 | $14,825.63 | 0.03% |
2014 | $14,725.23 | -0.68% |
2015 | $13,574.66 | -7.81% |
2016 | $13,290.10 | -2.10% |
2017 | $13,745.03 | 3.42% |
2018 | $14,365.47 | 4.51% |
2019 | $14,324.88 | -0.28% |
2020 | $13,729.29 | -4.16% |
2021 | $15,728.86 | 14.56% |
2022 | $18,161.44 | 15.47% |
2023 | $18,205.67 | 0.24% |
2024 | $18,212.44 | 0.04%* |
* 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 | 267.078 |