Transportation priced at $1 in 1947 $1.12 in 1948

Transportation Inflation Calculator

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Prices for Transportation, 1947-1948 ($1)

According to the U.S. Bureau of Labor Statistics, prices for transportation were 11.50% higher in 1948 versus 1947 (a $0.12 difference in value).

Between 1947 and 1948: Transportation experienced an average inflation rate of 11.50% per year. This rate of change indicates significant inflation. In other words, transportation costing $1 in the year 1947 would cost $1.12 in 1948 for an equivalent purchase. Compared to the overall inflation rate of 7.72% during this same period, inflation for transportation was significantly higher.

In the year 1947: Pricing changed by 9.45%, which is below the average yearly change for transportation during the 1947-1948 time period. Compared to inflation for all items in 1947 (14.39%), inflation for transportation was much lower.

Price Inflation for Transportation since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (17.81%), 2022 (15.47%), and 2021 (14.56%).

View price changes for other categories
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Buying power of $1.00 since 1947

Below are calculations of equivalent buying power for Transportation, over time, for $1 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1947$1.009.45%
1948$1.1211.50%
1949$1.207.48%
1950$1.232.57%
1951$1.316.41%
1952$1.396.60%
1953$1.432.87%
1954$1.41-1.45%
1955$1.40-1.21%
1956$1.421.79%
1957$1.505.57%
1958$1.553.31%
1959$1.614.14%
1960$1.61-0.03%
1961$1.631.14%
1962$1.672.09%
1963$1.680.55%
1964$1.701.49%
1965$1.731.64%
1966$1.751.42%
1967$1.802.85%
1968$1.863.19%
1969$1.933.85%
1970$2.035.13%
1971$2.145.25%
1972$2.161.17%
1973$2.233.16%
1974$2.4811.21%
1975$2.719.39%
1976$2.989.95%
1977$3.207.05%
1978$3.354.68%
1979$3.8214.26%
1980$4.5017.81%
1981$5.0512.11%
1982$5.264.12%
1983$5.382.39%
1984$5.624.44%
1985$5.772.64%
1986$5.54-3.89%
1987$5.713.02%
1988$5.893.09%
1989$6.185.00%
1990$6.535.62%
1991$6.712.75%
1992$6.862.19%
1993$7.063.02%
1994$7.283.02%
1995$7.543.58%
1996$7.752.82%
1997$7.820.87%
1998$7.67-1.89%
1999$7.822.01%
2000$8.316.18%
2001$8.360.60%
2002$8.28-0.90%
2003$8.543.07%
2004$8.843.52%
2005$9.426.63%
2006$9.804.00%
2007$10.012.11%
2008$10.605.88%
2009$9.71-8.33%
2010$10.487.89%
2011$11.519.81%
2012$11.782.34%
2013$11.780.03%
2014$11.70-0.68%
2015$10.79-7.81%
2016$10.56-2.10%
2017$10.923.42%
2018$11.424.51%
2019$11.38-0.28%
2020$10.91-4.16%
2021$12.5014.56%
2022$14.4315.47%
2023$14.470.24%
2024$14.470.04%*

* 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:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI14.20014.26714.56014.62014.30014.22014.76016.02015.92015.90015.90016.86018.45420.57722.11522.68524.13825.73126.46926.08525.76926.23127.69228.60829.79229.78530.12330.75430.92331.38531.90032.35433.27734.33835.66237.49239.46239.92341.18545.80050.10055.08558.96961.73170.53183.09293.15496.99299.308103.715106.454102.315105.408108.662114.100120.515123.831126.538130.362134.300139.108143.031144.277141.554144.400153.331154.254152.862157.562163.100173.908180.862184.682195.549179.252193.396212.366217.337217.412215.939199.067194.894201.565210.664210.068201.334230.657266.330266.978267.078

Adjust transportation prices for inflation

Start with the inflation rate formula:

CPI in 1948 / CPI in 1947 * 1947 USD value = 1948 USD value

Then plug in historical CPI values from above. The CPI for Transportation was 18.454 in the year 1947 and 20.577 in 1948:

20.577 / 18.454 * $1 = $1.12

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1947 has the same "purchasing power" as $1.12 in 1948 (in the CPI category of Transportation).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Transportation in 1935. In addition to transportation, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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