According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,594.84% higher in 2024 versus 1945 (a $175,432,704,402.52 difference in value).
Between 1945 and 2024: Transportation experienced an average inflation rate of 3.65% per year. This rate of change indicates significant inflation. In other words, transportation costing $11,000,000,000 in the year 1945 would cost $186,432,704,402.52 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.67% during this same period, inflation for transportation was lower.
In the year 1945: Pricing changed by 0%, which is significantly below the average yearly change for transportation during the 1945-2024 time period. Compared to inflation for all items in 1945 (2.27%), inflation for transportation was lower.
Below are calculations of equivalent buying power for Transportation, over time, for $11,000,000,000 beginning in 1945. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1945 | $11,000,000,000.00 | - |
1946 | $11,664,150,943.40 | 6.04% |
1947 | $12,766,811,804.55 | 9.45% |
1948 | $14,235,607,160.14 | 11.50% |
1949 | $15,299,951,620.71 | 7.48% |
1950 | $15,693,759,071.12 | 2.57% |
1951 | $16,699,564,586.36 | 6.41% |
1952 | $17,801,161,103.05 | 6.60% |
1953 | $18,312,046,444.12 | 2.87% |
1954 | $18,045,960,328.98 | -1.45% |
1955 | $17,827,769,714.56 | -1.21% |
1956 | $18,147,073,052.73 | 1.79% |
1957 | $19,158,200,290.28 | 5.57% |
1958 | $19,791,485,244.32 | 3.31% |
1959 | $20,611,030,478.96 | 4.14% |
1960 | $20,605,708,756.65 | -0.03% |
1961 | $20,839,864,537.98 | 1.14% |
1962 | $21,276,245,766.81 | 2.09% |
1963 | $21,393,323,657.47 | 0.55% |
1964 | $21,712,626,995.65 | 1.49% |
1965 | $22,069,182,389.94 | 1.64% |
1966 | $22,383,164,005.81 | 1.42% |
1967 | $23,021,770,682.15 | 2.85% |
1968 | $23,756,168,359.94 | 3.19% |
1969 | $24,671,504,596.03 | 3.85% |
1970 | $25,938,074,504.11 | 5.13% |
1971 | $27,300,435,413.64 | 5.25% |
1972 | $27,619,738,751.81 | 1.17% |
1973 | $28,492,501,209.48 | 3.16% |
1974 | $31,685,534,591.19 | 11.21% |
1975 | $34,660,377,358.49 | 9.39% |
1976 | $38,108,853,410.74 | 9.95% |
1977 | $40,796,323,173.68 | 7.05% |
1978 | $42,706,821,480.41 | 4.68% |
1979 | $48,794,871,794.87 | 14.26% |
1980 | $57,485,244,315.43 | 17.81% |
1981 | $64,446,057,087.57 | 12.11% |
1982 | $67,101,596,516.69 | 4.12% |
1983 | $68,703,434,929.85 | 2.39% |
1984 | $71,752,781,809.39 | 4.44% |
1985 | $73,647,314,949.20 | 2.64% |
1986 | $70,784,228,350.27 | -3.89% |
1987 | $72,923,560,716.01 | 3.02% |
1988 | $75,174,649,250.12 | 3.09% |
1989 | $78,937,106,918.24 | 5.00% |
1990 | $83,375,423,318.82 | 5.62% |
1991 | $85,669,085,631.35 | 2.75% |
1992 | $87,542,331,881.95 | 2.19% |
1993 | $90,187,227,866.47 | 3.02% |
1994 | $92,911,949,685.53 | 3.02% |
1995 | $96,238,026,124.82 | 3.58% |
1996 | $98,952,104,499.27 | 2.82% |
1997 | $99,814,223,512.34 | 0.87% |
1998 | $97,930,333,817.13 | -1.89% |
1999 | $99,899,371,069.18 | 2.01% |
2000 | $106,077,890,662.80 | 6.18% |
2001 | $106,716,497,339.14 | 0.60% |
2002 | $105,753,265,602.32 | -0.90% |
2003 | $109,004,837,929.37 | 3.07% |
2004 | $112,836,477,987.42 | 3.52% |
2005 | $120,313,497,822.93 | 6.63% |
2006 | $125,124,334,784.71 | 4.00% |
2007 | $127,767,155,297.53 | 2.11% |
2008 | $135,285,684,567.01 | 5.88% |
2009 | $124,011,083,696.18 | -8.33% |
2010 | $133,795,921,625.54 | 7.89% |
2011 | $146,919,874,213.84 | 9.81% |
2012 | $150,359,196,903.73 | 2.34% |
2013 | $150,410,551,523.95 | 0.03% |
2014 | $149,391,920,657.96 | -0.68% |
2015 | $137,719,042,089.99 | -7.81% |
2016 | $134,832,060,957.91 | -2.10% |
2017 | $139,447,537,493.95 | 3.42% |
2018 | $145,742,070,633.77 | 4.51% |
2019 | $145,330,222,544.75 | -0.28% |
2020 | $139,287,832,607.64 | -4.16% |
2021 | $159,574,025,157.23 | 14.56% |
2022 | $184,253,352,685.05 | 15.47% |
2023 | $184,702,027,092.40 | 0.24% |
2024 | $186,432,704,402.52 | 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 |