According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,579.73% higher in 2024 versus 1945 (a $3,949,334.38 difference in value).
Between 1945 and 2024: Transportation experienced an average inflation rate of 3.64% per year. This rate of change indicates significant inflation. In other words, transportation costing $250,000 in the year 1945 would cost $4,199,334.38 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 $250,000 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 | $250,000.00 | - |
1946 | $265,094.34 | 6.04% |
1947 | $290,154.81 | 9.45% |
1948 | $323,536.53 | 11.50% |
1949 | $347,726.17 | 7.48% |
1950 | $356,676.34 | 2.57% |
1951 | $379,535.56 | 6.41% |
1952 | $404,571.84 | 6.60% |
1953 | $416,182.87 | 2.87% |
1954 | $410,135.46 | -1.45% |
1955 | $405,176.58 | -1.21% |
1956 | $412,433.48 | 1.79% |
1957 | $435,413.64 | 5.57% |
1958 | $449,806.48 | 3.31% |
1959 | $468,432.51 | 4.14% |
1960 | $468,311.56 | -0.03% |
1961 | $473,633.28 | 1.14% |
1962 | $483,551.04 | 2.09% |
1963 | $486,211.90 | 0.55% |
1964 | $493,468.80 | 1.49% |
1965 | $501,572.33 | 1.64% |
1966 | $508,708.27 | 1.42% |
1967 | $523,222.06 | 2.85% |
1968 | $539,912.92 | 3.19% |
1969 | $560,716.01 | 3.85% |
1970 | $589,501.69 | 5.13% |
1971 | $620,464.44 | 5.25% |
1972 | $627,721.34 | 1.17% |
1973 | $647,556.85 | 3.16% |
1974 | $720,125.79 | 11.21% |
1975 | $787,735.85 | 9.39% |
1976 | $866,110.30 | 9.95% |
1977 | $927,189.16 | 7.05% |
1978 | $970,609.58 | 4.68% |
1979 | $1,108,974.36 | 14.26% |
1980 | $1,306,482.83 | 17.81% |
1981 | $1,464,683.12 | 12.11% |
1982 | $1,525,036.28 | 4.12% |
1983 | $1,561,441.70 | 2.39% |
1984 | $1,630,745.04 | 4.44% |
1985 | $1,673,802.61 | 2.64% |
1986 | $1,608,732.46 | -3.89% |
1987 | $1,657,353.65 | 3.02% |
1988 | $1,708,514.76 | 3.09% |
1989 | $1,794,025.16 | 5.00% |
1990 | $1,894,895.98 | 5.62% |
1991 | $1,947,024.67 | 2.75% |
1992 | $1,989,598.45 | 2.19% |
1993 | $2,049,709.72 | 3.02% |
1994 | $2,111,635.22 | 3.02% |
1995 | $2,187,227.87 | 3.58% |
1996 | $2,248,911.47 | 2.82% |
1997 | $2,268,505.08 | 0.87% |
1998 | $2,225,689.40 | -1.89% |
1999 | $2,270,440.25 | 2.01% |
2000 | $2,410,861.15 | 6.18% |
2001 | $2,425,374.94 | 0.60% |
2002 | $2,403,483.31 | -0.90% |
2003 | $2,477,382.68 | 3.07% |
2004 | $2,564,465.41 | 3.52% |
2005 | $2,734,397.68 | 6.63% |
2006 | $2,843,734.88 | 4.00% |
2007 | $2,903,798.98 | 2.11% |
2008 | $3,074,674.65 | 5.88% |
2009 | $2,818,433.72 | -8.33% |
2010 | $3,040,816.40 | 7.89% |
2011 | $3,339,088.05 | 9.81% |
2012 | $3,417,254.48 | 2.34% |
2013 | $3,418,421.63 | 0.03% |
2014 | $3,395,270.92 | -0.68% |
2015 | $3,129,978.23 | -7.81% |
2016 | $3,064,365.02 | -2.10% |
2017 | $3,169,262.22 | 3.42% |
2018 | $3,312,319.79 | 4.51% |
2019 | $3,302,959.60 | -0.28% |
2020 | $3,165,632.56 | -4.16% |
2021 | $3,626,682.39 | 14.56% |
2022 | $4,187,576.20 | 15.47% |
2023 | $4,197,773.34 | 0.24% |
2024 | $4,199,334.38 | 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 |