According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,594.84% higher in 2024 versus 1945 (a $733,627,672,955.97 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 $46,000,000,000 in the year 1945 would cost $779,627,672,955.97 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 $46,000,000,000 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 | $46,000,000,000.00 | - |
1946 | $48,777,358,490.57 | 6.04% |
1947 | $53,388,485,728.11 | 9.45% |
1948 | $59,530,720,851.48 | 11.50% |
1949 | $63,981,615,868.41 | 7.48% |
1950 | $65,628,447,024.67 | 2.57% |
1951 | $69,834,542,815.67 | 6.41% |
1952 | $74,441,219,158.20 | 6.60% |
1953 | $76,577,648,766.33 | 2.87% |
1954 | $75,464,925,012.09 | -1.45% |
1955 | $74,552,491,533.62 | -1.21% |
1956 | $75,887,760,038.70 | 1.79% |
1957 | $80,116,110,304.79 | 5.57% |
1958 | $82,764,392,839.86 | 3.31% |
1959 | $86,191,582,002.90 | 4.14% |
1960 | $86,169,327,527.82 | -0.03% |
1961 | $87,148,524,431.54 | 1.14% |
1962 | $88,973,391,388.49 | 2.09% |
1963 | $89,462,989,840.35 | 0.55% |
1964 | $90,798,258,345.43 | 1.49% |
1965 | $92,289,308,176.10 | 1.64% |
1966 | $93,602,322,206.10 | 1.42% |
1967 | $96,272,859,216.26 | 2.85% |
1968 | $99,343,976,777.94 | 3.19% |
1969 | $103,171,746,492.50 | 3.85% |
1970 | $108,468,311,562.65 | 5.13% |
1971 | $114,165,457,184.33 | 5.25% |
1972 | $115,500,725,689.40 | 1.17% |
1973 | $119,150,459,603.29 | 3.16% |
1974 | $132,503,144,654.09 | 11.21% |
1975 | $144,943,396,226.42 | 9.39% |
1976 | $159,364,296,081.28 | 9.95% |
1977 | $170,602,805,999.03 | 7.05% |
1978 | $178,592,162,554.43 | 4.68% |
1979 | $204,051,282,051.28 | 14.26% |
1980 | $240,392,839,864.54 | 17.81% |
1981 | $269,501,693,275.28 | 12.11% |
1982 | $280,606,676,342.53 | 4.12% |
1983 | $287,305,273,343.01 | 2.39% |
1984 | $300,057,087,566.52 | 4.44% |
1985 | $307,979,680,696.66 | 2.64% |
1986 | $296,006,773,101.11 | -3.89% |
1987 | $304,953,072,085.15 | 3.02% |
1988 | $314,366,715,045.96 | 3.09% |
1989 | $330,100,628,930.82 | 5.00% |
1990 | $348,660,861,151.43 | 5.62% |
1991 | $358,252,539,912.92 | 2.75% |
1992 | $366,086,115,142.72 | 2.19% |
1993 | $377,146,589,259.80 | 3.02% |
1994 | $388,540,880,503.14 | 3.02% |
1995 | $402,449,927,431.06 | 3.58% |
1996 | $413,799,709,724.24 | 2.82% |
1997 | $417,404,934,687.95 | 0.87% |
1998 | $409,526,850,507.98 | -1.89% |
1999 | $417,761,006,289.31 | 2.01% |
2000 | $443,598,451,862.60 | 6.18% |
2001 | $446,268,988,872.76 | 0.60% |
2002 | $442,240,928,882.44 | -0.90% |
2003 | $455,838,413,159.17 | 3.07% |
2004 | $471,861,635,220.13 | 3.52% |
2005 | $503,129,172,714.08 | 6.63% |
2006 | $523,247,218,190.61 | 4.00% |
2007 | $534,299,013,062.41 | 2.11% |
2008 | $565,740,135,462.02 | 5.88% |
2009 | $518,591,804,547.65 | -8.33% |
2010 | $559,510,217,706.82 | 7.89% |
2011 | $614,392,201,257.86 | 9.81% |
2012 | $628,774,823,415.58 | 2.34% |
2013 | $628,989,579,100.15 | 0.03% |
2014 | $624,729,850,024.19 | -0.68% |
2015 | $575,915,994,194.48 | -7.81% |
2016 | $563,843,164,005.81 | -2.10% |
2017 | $583,144,247,701.98 | 3.42% |
2018 | $609,466,840,832.12 | 4.51% |
2019 | $607,744,567,005.32 | -0.28% |
2020 | $582,476,390,904.69 | -4.16% |
2021 | $667,309,559,748.43 | 14.56% |
2022 | $770,514,020,319.30 | 15.47% |
2023 | $772,390,295,113.69 | 0.24% |
2024 | $779,627,672,955.97 | 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 |