According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,797.75% higher in 2024 versus 1935 (a $13,067,035,697.01 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 $726,856,420 in the year 1935 would cost $13,793,892,117.01 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 $726,856,420 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 | $726,856,420.00 | - |
1936 | $730,268,891.46 | 0.47% |
1937 | $745,283,765.86 | 2.06% |
1938 | $748,354,990.17 | 0.41% |
1939 | $731,975,127.18 | -2.19% |
1940 | $727,880,161.44 | -0.56% |
1941 | $755,521,180.23 | 3.80% |
1942 | $820,016,890.73 | 8.54% |
1943 | $814,898,183.55 | -0.62% |
1944 | $813,874,442.11 | -0.13% |
1945 | $813,874,442.11 | 0.00% ** |
1946 | $863,014,031.07 | 6.04% |
1947 | $944,598,348.63 | 9.45% |
1948 | $1,053,272,439.60 | 11.50% |
1949 | $1,132,021,780.88 | 7.48% |
1950 | $1,161,159,037.15 | 2.57% |
1951 | $1,235,577,164.66 | 6.41% |
1952 | $1,317,082,732.88 | 6.60% |
1953 | $1,354,882,416.70 | 2.87% |
1954 | $1,335,195,081.38 | -1.45% |
1955 | $1,319,051,466.41 | -1.21% |
1956 | $1,342,676,268.80 | 1.79% |
1957 | $1,417,488,143.01 | 5.57% |
1958 | $1,464,344,001.07 | 3.31% |
1959 | $1,524,980,993.86 | 4.14% |
1960 | $1,524,587,247.15 | -0.03% |
1961 | $1,541,912,102.23 | 1.14% |
1962 | $1,574,199,332.16 | 2.09% |
1963 | $1,582,861,759.70 | 0.55% |
1964 | $1,606,486,562.08 | 1.49% |
1965 | $1,632,867,591.41 | 1.64% |
1966 | $1,656,098,647.09 | 1.42% |
1967 | $1,703,348,251.85 | 2.85% |
1968 | $1,757,685,297.33 | 3.19% |
1969 | $1,825,409,730.83 | 3.85% |
1970 | $1,919,121,446.96 | 5.13% |
1971 | $2,019,920,603.79 | 5.25% |
1972 | $2,043,545,406.18 | 1.17% |
1973 | $2,108,119,866.02 | 3.16% |
1974 | $2,344,367,889.86 | 11.21% |
1975 | $2,564,472,298.73 | 9.39% |
1976 | $2,819,620,164.47 | 9.95% |
1977 | $3,018,462,251.20 | 7.05% |
1978 | $3,159,817,318.80 | 4.68% |
1979 | $3,610,263,550.91 | 14.26% |
1980 | $4,253,251,922.45 | 17.81% |
1981 | $4,768,272,614.41 | 12.11% |
1982 | $4,964,752,220.90 | 4.12% |
1983 | $5,083,269,979.52 | 2.39% |
1984 | $5,308,886,842.29 | 4.44% |
1985 | $5,449,060,669.76 | 2.64% |
1986 | $5,237,224,941.72 | -3.89% |
1987 | $5,395,511,117.69 | 3.02% |
1988 | $5,562,065,974.50 | 3.09% |
1989 | $5,840,444,895.92 | 5.00% |
1990 | $6,168,829,649.05 | 5.62% |
1991 | $6,338,534,479.50 | 2.75% |
1992 | $6,477,133,320.15 | 2.19% |
1993 | $6,672,825,433.23 | 3.02% |
1994 | $6,874,423,746.90 | 3.02% |
1995 | $7,120,515,438.40 | 3.58% |
1996 | $7,321,326,258.66 | 2.82% |
1997 | $7,385,113,225.09 | 0.87% |
1998 | $7,245,726,891.03 | -1.89% |
1999 | $7,391,413,172.39 | 2.01% |
2000 | $7,848,553,098.52 | 6.18% |
2001 | $7,895,802,703.28 | 0.60% |
2002 | $7,824,534,549.43 | -0.90% |
2003 | $8,065,113,787.03 | 3.07% |
2004 | $8,348,611,415.63 | 3.52% |
2005 | $8,901,825,538.11 | 6.63% |
2006 | $9,257,772,560.69 | 4.00% |
2007 | $9,453,311,112.55 | 2.11% |
2008 | $10,009,596,459.35 | 5.88% |
2009 | $9,175,404,687.18 | -8.33% |
2010 | $9,899,371,006.36 | 7.89% |
2011 | $10,870,393,696.46 | 9.81% |
2012 | $11,124,864,317.87 | 2.34% |
2013 | $11,128,663,973.58 | 0.03% |
2014 | $11,053,296,916.51 | -0.68% |
2015 | $10,189,637,140.84 | -7.81% |
2016 | $9,976,033,490.09 | -2.10% |
2017 | $10,317,526,071.08 | 3.42% |
2018 | $10,783,249,675.40 | 4.51% |
2019 | $10,752,777,617.79 | -0.28% |
2020 | $10,305,709,732.42 | -4.16% |
2021 | $11,806,656,427.32 | 14.56% |
2022 | $13,632,644,965.81 | 15.47% |
2023 | $13,665,841,750.63 | 0.24% |
2024 | $13,793,892,117.01 | 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 |