According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,579.73% higher in 2024 versus 1945 (a $5,386,892,096,436.06 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 $341,000,000,000 in the year 1945 would cost $5,727,892,096,436.06 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 $341,000,000,000 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 | $341,000,000,000.00 | - |
1946 | $361,588,679,245.28 | 6.04% |
1947 | $395,771,165,940.98 | 9.45% |
1948 | $441,303,821,964.20 | 11.50% |
1949 | $474,298,500,241.90 | 7.48% |
1950 | $486,506,531,204.64 | 2.57% |
1951 | $517,686,502,177.07 | 6.41% |
1952 | $551,835,994,194.48 | 6.60% |
1953 | $567,673,439,767.78 | 2.87% |
1954 | $559,424,770,198.36 | -1.45% |
1955 | $552,660,861,151.43 | -1.21% |
1956 | $562,559,264,634.74 | 1.79% |
1957 | $593,904,208,998.55 | 5.57% |
1958 | $613,536,042,573.78 | 3.31% |
1959 | $638,941,944,847.61 | 4.14% |
1960 | $638,776,971,456.22 | -0.03% |
1961 | $646,035,800,677.31 | 1.14% |
1962 | $659,563,618,771.17 | 2.09% |
1963 | $663,193,033,381.71 | 0.55% |
1964 | $673,091,436,865.02 | 1.49% |
1965 | $684,144,654,088.05 | 1.64% |
1966 | $693,878,084,179.97 | 1.42% |
1967 | $713,674,891,146.59 | 2.85% |
1968 | $736,441,219,158.20 | 3.19% |
1969 | $764,816,642,477.02 | 3.85% |
1970 | $804,080,309,627.48 | 5.13% |
1971 | $846,313,497,822.93 | 5.25% |
1972 | $856,211,901,306.24 | 1.17% |
1973 | $883,267,537,493.95 | 3.16% |
1974 | $982,251,572,327.04 | 11.21% |
1975 | $1,074,471,698,113.21 | 9.39% |
1976 | $1,181,374,455,732.95 | 9.95% |
1977 | $1,264,686,018,384.13 | 7.05% |
1978 | $1,323,911,465,892.60 | 4.68% |
1979 | $1,512,641,025,641.03 | 14.26% |
1980 | $1,782,042,573,778.42 | 17.81% |
1981 | $1,997,827,769,714.56 | 12.11% |
1982 | $2,080,149,492,017.42 | 4.12% |
1983 | $2,129,806,482,825.35 | 2.39% |
1984 | $2,224,336,236,090.95 | 4.44% |
1985 | $2,283,066,763,425.25 | 2.64% |
1986 | $2,194,311,078,858.25 | -3.89% |
1987 | $2,260,630,382,196.42 | 3.02% |
1988 | $2,330,414,126,753.75 | 3.09% |
1989 | $2,447,050,314,465.41 | 5.00% |
1990 | $2,584,638,122,883.41 | 5.62% |
1991 | $2,655,741,654,571.84 | 2.75% |
1992 | $2,713,812,288,340.59 | 2.19% |
1993 | $2,795,804,063,860.67 | 3.02% |
1994 | $2,880,270,440,251.57 | 3.02% |
1995 | $2,983,378,809,869.38 | 3.58% |
1996 | $3,067,515,239,477.50 | 2.82% |
1997 | $3,094,240,928,882.44 | 0.87% |
1998 | $3,035,840,348,330.91 | -1.89% |
1999 | $3,096,880,503,144.65 | 2.01% |
2000 | $3,288,414,610,546.69 | 6.18% |
2001 | $3,308,211,417,513.30 | 0.60% |
2002 | $3,278,351,233,671.99 | -0.90% |
2003 | $3,379,149,975,810.35 | 3.07% |
2004 | $3,497,930,817,610.06 | 3.52% |
2005 | $3,729,718,432,510.89 | 6.63% |
2006 | $3,878,854,378,326.08 | 4.00% |
2007 | $3,960,781,814,223.51 | 2.11% |
2008 | $4,193,856,221,577.17 | 5.88% |
2009 | $3,844,343,594,581.52 | -8.33% |
2010 | $4,147,673,570,391.87 | 7.89% |
2011 | $4,554,516,100,628.93 | 9.81% |
2012 | $4,661,135,104,015.48 | 2.34% |
2013 | $4,662,727,097,242.38 | 0.03% |
2014 | $4,631,149,540,396.71 | -0.68% |
2015 | $4,269,290,304,789.55 | -7.81% |
2016 | $4,179,793,889,695.21 | -2.10% |
2017 | $4,322,873,662,312.53 | 3.42% |
2018 | $4,518,004,189,646.83 | 4.51% |
2019 | $4,505,236,898,887.28 | -0.28% |
2020 | $4,317,922,810,836.96 | -4.16% |
2021 | $4,946,794,779,874.21 | 14.56% |
2022 | $5,711,853,933,236.58 | 15.47% |
2023 | $5,725,762,839,864.54 | 0.24% |
2024 | $5,727,892,096,436.06 | 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 |