According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,816.45% higher in 2026 versus 1940 (a $17,619,564.15 difference in value).
Between 1940 and 2026: Transportation experienced an average inflation rate of 3.49% per year. This rate of change indicates significant inflation. In other words, transportation costing $970,000 in the year 1940 would cost $18,589,564.15 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.72% 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 $970,000 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 | $970,000.00 | -0.64% |
| 1941 | $995,002.93 | 2.58% |
| 1942 | $1,085,922.67 | 9.14% |
| 1943 | $1,087,059.17 | 0.10% |
| 1944 | $1,084,217.93 | -0.26% |
| 1945 | $1,084,217.93 | 0.00% ** |
| 1946 | $1,129,677.80 | 4.19% |
| 1947 | $1,258,101.93 | 11.37% |
| 1948 | $1,403,005.27 | 11.52% |
| 1949 | $1,508,131.22 | 7.49% |
| 1950 | $1,546,772.11 | 2.56% |
| 1951 | $1,646,215.58 | 6.43% |
| 1952 | $1,754,751.03 | 6.59% |
| 1953 | $1,804,756.88 | 2.85% |
| 1954 | $1,778,617.46 | -1.45% |
| 1955 | $1,757,024.02 | -1.21% |
| 1956 | $1,788,845.93 | 1.81% |
| 1957 | $1,888,289.40 | 5.56% |
| 1958 | $1,950,796.72 | 3.31% |
| 1959 | $2,031,487.99 | 4.14% |
| 1960 | $2,030,919.74 | -0.03% |
| 1961 | $2,054,217.93 | 1.15% |
| 1962 | $2,096,836.56 | 2.07% |
| 1963 | $2,108,769.77 | 0.57% |
| 1964 | $2,140,023.43 | 1.48% |
| 1965 | $2,175,254.83 | 1.65% |
| 1966 | $2,206,508.49 | 1.44% |
| 1967 | $2,269,015.82 | 2.83% |
| 1968 | $2,341,751.61 | 3.21% |
| 1969 | $2,431,534.86 | 3.83% |
| 1970 | $2,556,549.50 | 5.14% |
| 1971 | $2,690,656.12 | 5.25% |
| 1972 | $2,722,478.03 | 1.18% |
| 1973 | $2,808,283.54 | 3.15% |
| 1974 | $3,123,093.15 | 11.21% |
| 1975 | $3,416,309.31 | 9.39% |
| 1976 | $3,756,121.85 | 9.95% |
| 1977 | $4,020,925.60 | 7.05% |
| 1978 | $4,209,584.07 | 4.69% |
| 1979 | $4,809,654.36 | 14.25% |
| 1980 | $5,666,004.69 | 17.80% |
| 1981 | $6,351,880.49 | 12.11% |
| 1982 | $6,613,843.00 | 4.12% |
| 1983 | $6,771,816.05 | 2.39% |
| 1984 | $7,072,419.45 | 4.44% |
| 1985 | $7,259,373.17 | 2.64% |
| 1986 | $6,976,953.72 | -3.89% |
| 1987 | $7,187,773.87 | 3.02% |
| 1988 | $7,409,390.74 | 3.08% |
| 1989 | $7,780,456.94 | 5.01% |
| 1990 | $8,218,008.20 | 5.62% |
| 1991 | $8,444,171.06 | 2.75% |
| 1992 | $8,628,851.79 | 2.19% |
| 1993 | $8,889,109.55 | 3.02% |
| 1994 | $9,157,891.04 | 3.02% |
| 1995 | $9,485,770.36 | 3.58% |
| 1996 | $9,753,415.35 | 2.82% |
| 1997 | $9,838,084.36 | 0.87% |
| 1998 | $9,652,267.14 | -1.89% |
| 1999 | $9,846,608.08 | 2.01% |
| 2000 | $10,455,770.36 | 6.19% |
| 2001 | $10,518,277.68 | 0.60% |
| 2002 | $10,423,380.20 | -0.90% |
| 2003 | $10,743,872.29 | 3.07% |
| 2004 | $11,121,757.47 | 3.52% |
| 2005 | $11,858,775.63 | 6.63% |
| 2006 | $12,332,694.79 | 4.00% |
| 2007 | $12,593,401.46 | 2.11% |
| 2008 | $13,334,471.24 | 5.88% |
| 2009 | $12,223,187.64 | -8.33% |
| 2010 | $13,187,630.17 | 7.89% |
| 2011 | $14,481,196.49 | 9.81% |
| 2012 | $14,820,196.43 | 2.34% |
| 2013 | $14,825,253.84 | 0.03% |
| 2014 | $14,724,855.71 | -0.68% |
| 2015 | $13,574,311.83 | -7.81% |
| 2016 | $13,289,755.77 | -2.10% |
| 2017 | $13,744,684.07 | 3.42% |
| 2018 | $14,365,103.34 | 4.51% |
| 2019 | $14,324,513.36 | -0.28% |
| 2020 | $13,728,943.59 | -4.16% |
| 2021 | $15,728,456.24 | 14.56% |
| 2022 | $18,160,979.85 | 15.47% |
| 2023 | $18,205,206.62 | 0.24% |
| 2024 | $18,457,974.87 | 1.39% |
| 2025 | $18,590,425.82 | 0.72% |
| 2026 | $18,589,564.15 | 0.00%* |
* 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 | 272.628 | 272.615 |