According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,780.83% higher in 2024 versus 1935 (a $10,930,316.59 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 $613,777 in the year 1935 would cost $11,544,093.59 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 $613,777 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 | $613,777.00 | - |
1936 | $616,658.58 | 0.47% |
1937 | $629,337.54 | 2.06% |
1938 | $631,930.97 | 0.41% |
1939 | $618,099.37 | -2.19% |
1940 | $614,641.47 | -0.56% |
1941 | $637,982.29 | 3.80% |
1942 | $692,444.19 | 8.54% |
1943 | $688,121.82 | -0.62% |
1944 | $687,257.35 | -0.13% |
1945 | $687,257.35 | 0.00% ** |
1946 | $728,752.13 | 6.04% |
1947 | $797,644.11 | 9.45% |
1948 | $889,411.42 | 11.50% |
1949 | $955,909.47 | 7.48% |
1950 | $980,513.74 | 2.57% |
1951 | $1,043,354.40 | 6.41% |
1952 | $1,112,179.88 | 6.60% |
1953 | $1,144,098.95 | 2.87% |
1954 | $1,127,474.43 | -1.45% |
1955 | $1,113,842.33 | -1.21% |
1956 | $1,133,791.75 | 1.79% |
1957 | $1,196,964.90 | 5.57% |
1958 | $1,236,531.24 | 3.31% |
1959 | $1,287,734.74 | 4.14% |
1960 | $1,287,402.24 | -0.03% |
1961 | $1,302,031.82 | 1.14% |
1962 | $1,329,296.02 | 2.09% |
1963 | $1,336,610.80 | 0.55% |
1964 | $1,356,560.22 | 1.49% |
1965 | $1,378,837.06 | 1.64% |
1966 | $1,398,453.99 | 1.42% |
1967 | $1,438,352.82 | 2.85% |
1968 | $1,484,236.47 | 3.19% |
1969 | $1,541,424.80 | 3.85% |
1970 | $1,620,557.47 | 5.13% |
1971 | $1,705,674.98 | 5.25% |
1972 | $1,725,624.39 | 1.17% |
1973 | $1,780,152.79 | 3.16% |
1974 | $1,979,646.94 | 11.21% |
1975 | $2,165,508.99 | 9.39% |
1976 | $2,380,962.67 | 9.95% |
1977 | $2,548,870.25 | 7.05% |
1978 | $2,668,234.25 | 4.68% |
1979 | $3,048,603.09 | 14.26% |
1980 | $3,591,559.67 | 17.81% |
1981 | $4,026,456.92 | 12.11% |
1982 | $4,192,369.55 | 4.12% |
1983 | $4,292,449.12 | 2.39% |
1984 | $4,482,966.03 | 4.44% |
1985 | $4,601,332.56 | 2.64% |
1986 | $4,422,452.80 | -3.89% |
1987 | $4,556,113.88 | 3.02% |
1988 | $4,696,757.26 | 3.09% |
1989 | $4,931,827.87 | 5.00% |
1990 | $5,209,124.73 | 5.62% |
1991 | $5,352,428.03 | 2.75% |
1992 | $5,469,464.60 | 2.19% |
1993 | $5,634,712.25 | 3.02% |
1994 | $5,804,947.26 | 3.02% |
1995 | $6,012,753.67 | 3.58% |
1996 | $6,182,323.69 | 2.82% |
1997 | $6,236,187.11 | 0.87% |
1998 | $6,118,485.57 | -1.89% |
1999 | $6,241,506.96 | 2.01% |
2000 | $6,627,528.14 | 6.18% |
2001 | $6,667,426.97 | 0.60% |
2002 | $6,607,246.23 | -0.90% |
2003 | $6,810,397.77 | 3.07% |
2004 | $7,049,790.75 | 3.52% |
2005 | $7,516,939.55 | 6.63% |
2006 | $7,817,510.74 | 4.00% |
2007 | $7,982,628.72 | 2.11% |
2008 | $8,452,370.95 | 5.88% |
2009 | $7,747,957.10 | -8.33% |
2010 | $8,359,293.63 | 7.89% |
2011 | $9,179,251.15 | 9.81% |
2012 | $9,394,132.95 | 2.34% |
2013 | $9,397,341.48 | 0.03% |
2014 | $9,333,699.52 | -0.68% |
2015 | $8,604,402.11 | -7.81% |
2016 | $8,424,029.48 | -2.10% |
2017 | $8,712,394.94 | 3.42% |
2018 | $9,105,664.41 | 4.51% |
2019 | $9,079,932.99 | -0.28% |
2020 | $8,702,416.91 | -4.16% |
2021 | $9,969,856.44 | 14.56% |
2022 | $11,511,770.00 | 15.47% |
2023 | $11,539,802.25 | 0.24% |
2024 | $11,544,093.59 | 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 |