According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,787.97% higher in 2026 versus 1940 (a $424,017.53 difference in value).
Between 1940 and 2026:Transportation experienced an average inflation rate of 3.48% per year. This rate of change indicates significant inflation. In other words, transportation costing $23,715 in the year 1940 would cost $447,732.53 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.73% during this same period, inflation for transportation was lower.
In the year 1940: Pricing changed by -0.64%, which is significantly below the average yearly change for transportation during the 1940-2026 time period. Compared to inflation for all items in 1940 (0.72%), inflation for transportation was lower.
Below are calculations of equivalent buying power for Transportation, over time, for $23,715 beginning in 1940. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1940 | $23,715.00 | -0.64% |
| 1941 | $24,326.28 | 2.58% |
| 1942 | $26,549.13 | 9.14% |
| 1943 | $26,576.92 | 0.10% |
| 1944 | $26,507.45 | -0.26% |
| 1945 | $26,507.45 | 0.00% ** |
| 1946 | $27,618.88 | 4.19% |
| 1947 | $30,758.65 | 11.37% |
| 1948 | $34,301.31 | 11.52% |
| 1949 | $36,871.48 | 7.49% |
| 1950 | $37,816.19 | 2.56% |
| 1951 | $40,247.43 | 6.43% |
| 1952 | $42,900.95 | 6.59% |
| 1953 | $44,123.51 | 2.85% |
| 1954 | $43,484.45 | -1.45% |
| 1955 | $42,956.52 | -1.21% |
| 1956 | $43,734.52 | 1.81% |
| 1957 | $46,165.76 | 5.56% |
| 1958 | $47,693.96 | 3.31% |
| 1959 | $49,666.74 | 4.14% |
| 1960 | $49,652.85 | -0.03% |
| 1961 | $50,222.45 | 1.15% |
| 1962 | $51,264.41 | 2.07% |
| 1963 | $51,556.16 | 0.57% |
| 1964 | $52,320.26 | 1.48% |
| 1965 | $53,181.62 | 1.65% |
| 1966 | $53,945.72 | 1.44% |
| 1967 | $55,473.93 | 2.83% |
| 1968 | $57,252.21 | 3.21% |
| 1969 | $59,447.27 | 3.83% |
| 1970 | $62,503.68 | 5.14% |
| 1971 | $65,782.38 | 5.25% |
| 1972 | $66,560.38 | 1.18% |
| 1973 | $68,658.19 | 3.15% |
| 1974 | $76,354.80 | 11.21% |
| 1975 | $83,523.48 | 9.39% |
| 1976 | $91,831.37 | 9.95% |
| 1977 | $98,305.41 | 7.05% |
| 1978 | $102,917.82 | 4.69% |
| 1979 | $117,588.61 | 14.25% |
| 1980 | $138,525.05 | 17.80% |
| 1981 | $155,293.66 | 12.11% |
| 1982 | $161,698.23 | 4.12% |
| 1983 | $165,560.43 | 2.39% |
| 1984 | $172,909.72 | 4.44% |
| 1985 | $177,480.45 | 2.64% |
| 1986 | $170,575.73 | -3.89% |
| 1987 | $175,729.96 | 3.02% |
| 1988 | $181,148.15 | 3.08% |
| 1989 | $190,220.14 | 5.01% |
| 1990 | $200,917.59 | 5.62% |
| 1991 | $206,446.92 | 2.75% |
| 1992 | $210,962.08 | 2.19% |
| 1993 | $217,324.98 | 3.02% |
| 1994 | $223,896.27 | 3.02% |
| 1995 | $231,912.42 | 3.58% |
| 1996 | $238,455.92 | 2.82% |
| 1997 | $240,525.95 | 0.87% |
| 1998 | $235,983.01 | -1.89% |
| 1999 | $240,734.34 | 2.01% |
| 2000 | $255,627.42 | 6.19% |
| 2001 | $257,155.62 | 0.60% |
| 2002 | $254,835.53 | -0.90% |
| 2003 | $262,671.06 | 3.07% |
| 2004 | $271,909.77 | 3.52% |
| 2005 | $289,928.73 | 6.63% |
| 2006 | $301,515.32 | 4.00% |
| 2007 | $307,889.19 | 2.11% |
| 2008 | $326,007.20 | 5.88% |
| 2009 | $298,838.04 | -8.33% |
| 2010 | $322,417.16 | 7.89% |
| 2011 | $354,042.86 | 9.81% |
| 2012 | $362,330.88 | 2.34% |
| 2013 | $362,454.53 | 0.03% |
| 2014 | $359,999.95 | -0.68% |
| 2015 | $331,870.93 | -7.81% |
| 2016 | $324,913.98 | -2.10% |
| 2017 | $336,036.27 | 3.42% |
| 2018 | $351,204.56 | 4.51% |
| 2019 | $350,212.20 | -0.28% |
| 2020 | $335,651.44 | -4.16% |
| 2021 | $384,536.43 | 14.56% |
| 2022 | $444,007.87 | 15.47% |
| 2023 | $445,089.15 | 0.24% |
| 2024 | $451,268.94 | 1.39% |
| 2025 | $453,951.78 | 0.59% |
| 2026 | $447,732.53 | -1.37%* |
* 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 | 2025 | 2026 |
| CPI | 14.200 | 14.250 | 14.508 | 14.675 | 14.317 | 14.225 | 14.592 | 15.925 | 15.942 | 15.900 | 15.900 | 16.567 | 18.450 | 20.575 | 22.117 | 22.683 | 24.142 | 25.733 | 26.467 | 26.083 | 25.767 | 26.233 | 27.692 | 28.608 | 29.792 | 29.783 | 30.125 | 30.750 | 30.925 | 31.383 | 31.900 | 32.358 | 33.275 | 34.342 | 35.658 | 37.492 | 39.458 | 39.925 | 41.183 | 45.800 | 50.100 | 55.083 | 58.967 | 61.733 | 70.533 | 83.092 | 93.150 | 96.992 | 99.308 | 103.717 | 106.458 | 102.317 | 105.408 | 108.658 | 114.100 | 120.517 | 123.833 | 126.542 | 130.358 | 134.300 | 139.108 | 143.033 | 144.275 | 141.550 | 144.400 | 153.333 | 154.250 | 152.858 | 157.558 | 163.100 | 173.908 | 180.858 | 184.682 | 195.549 | 179.252 | 193.396 | 212.366 | 217.337 | 217.412 | 215.939 | 199.067 | 194.894 | 201.565 | 210.663 | 210.068 | 201.334 | 230.657 | 266.330 | 266.978 | 270.685 | 272.295 | 268.564 |