According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,780.83% higher in 2024 versus 1935 (a $552,056.88 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 $31,000 in the year 1935 would cost $583,056.88 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 $31,000 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 | $31,000.00 | - |
1936 | $31,145.54 | 0.47% |
1937 | $31,785.92 | 2.06% |
1938 | $31,916.90 | 0.41% |
1939 | $31,218.31 | -2.19% |
1940 | $31,043.66 | -0.56% |
1941 | $32,222.54 | 3.80% |
1942 | $34,973.24 | 8.54% |
1943 | $34,754.93 | -0.62% |
1944 | $34,711.27 | -0.13% |
1945 | $34,711.27 | 0.00% ** |
1946 | $36,807.04 | 6.04% |
1947 | $40,286.57 | 9.45% |
1948 | $44,921.45 | 11.50% |
1949 | $48,280.07 | 7.48% |
1950 | $49,522.75 | 2.57% |
1951 | $52,696.64 | 6.41% |
1952 | $56,172.81 | 6.60% |
1953 | $57,784.94 | 2.87% |
1954 | $56,945.29 | -1.45% |
1955 | $56,256.77 | -1.21% |
1956 | $57,264.36 | 1.79% |
1957 | $60,455.04 | 5.57% |
1958 | $62,453.41 | 3.31% |
1959 | $65,039.54 | 4.14% |
1960 | $65,022.75 | -0.03% |
1961 | $65,761.65 | 1.14% |
1962 | $67,138.68 | 2.09% |
1963 | $67,508.13 | 0.55% |
1964 | $68,515.71 | 1.49% |
1965 | $69,640.85 | 1.64% |
1966 | $70,631.64 | 1.42% |
1967 | $72,646.80 | 2.85% |
1968 | $74,964.25 | 3.19% |
1969 | $77,852.65 | 3.85% |
1970 | $81,849.40 | 5.13% |
1971 | $86,148.43 | 5.25% |
1972 | $87,156.01 | 1.17% |
1973 | $89,910.08 | 3.16% |
1974 | $99,985.92 | 11.21% |
1975 | $109,373.24 | 9.39% |
1976 | $120,255.15 | 9.95% |
1977 | $128,735.64 | 7.05% |
1978 | $134,764.36 | 4.68% |
1979 | $153,975.62 | 14.26% |
1980 | $181,398.70 | 17.81% |
1981 | $203,364.03 | 12.11% |
1982 | $211,743.77 | 4.12% |
1983 | $216,798.48 | 2.39% |
1984 | $226,420.91 | 4.44% |
1985 | $232,399.24 | 2.64% |
1986 | $223,364.57 | -3.89% |
1987 | $230,115.38 | 3.02% |
1988 | $237,218.85 | 3.09% |
1989 | $249,091.55 | 5.00% |
1990 | $263,096.97 | 5.62% |
1991 | $270,334.78 | 2.75% |
1992 | $276,245.94 | 2.19% |
1993 | $284,592.09 | 3.02% |
1994 | $293,190.14 | 3.02% |
1995 | $303,685.81 | 3.58% |
1996 | $312,250.27 | 2.82% |
1997 | $314,970.75 | 0.87% |
1998 | $309,026.00 | -1.89% |
1999 | $315,239.44 | 2.01% |
2000 | $334,736.19 | 6.18% |
2001 | $336,751.35 | 0.60% |
2002 | $333,711.81 | -0.90% |
2003 | $343,972.37 | 3.07% |
2004 | $356,063.38 | 3.52% |
2005 | $379,657.64 | 6.63% |
2006 | $394,838.57 | 4.00% |
2007 | $403,178.17 | 2.11% |
2008 | $426,903.42 | 5.88% |
2009 | $391,325.63 | -8.33% |
2010 | $422,202.37 | 7.89% |
2011 | $463,615.92 | 9.81% |
2012 | $474,468.94 | 2.34% |
2013 | $474,630.99 | 0.03% |
2014 | $471,416.63 | -0.68% |
2015 | $434,582.05 | -7.81% |
2016 | $425,471.98 | -2.10% |
2017 | $440,036.44 | 3.42% |
2018 | $459,899.27 | 4.51% |
2019 | $458,599.66 | -0.28% |
2020 | $439,532.48 | -4.16% |
2021 | $503,546.97 | 14.56% |
2022 | $581,424.31 | 15.47% |
2023 | $582,840.14 | 0.24% |
2024 | $583,056.88 | 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 |