Transportation priced at $1 in 1971 $1.01 in 1972

Transportation Inflation Calculator

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Prices for Transportation, 1971-1972 ($1)

According to the U.S. Bureau of Labor Statistics, prices for transportation were 1.17% higher in 1972 versus 1971 (a $0.01 difference in value).

Between 1971 and 1972: Transportation experienced an average inflation rate of 1.17% per year. In other words, transportation costing $1 in the year 1971 would cost $1.01 in 1972 for an equivalent purchase. Compared to the overall inflation rate of 3.27% during this same period, inflation for transportation was lower.

In the year 1971: Pricing changed by 5.25%, which is significantly above the average yearly change for transportation during the 1971-1972 time period. Compared to inflation for all items in 1971 (4.30%), inflation for transportation was higher.

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 1971

Below are calculations of equivalent buying power for Transportation, over time, for $1 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$1.005.25%
1972$1.011.17%
1973$1.043.16%
1974$1.1611.21%
1975$1.279.39%
1976$1.409.95%
1977$1.497.05%
1978$1.564.68%
1979$1.7914.26%
1980$2.1117.81%
1981$2.3612.11%
1982$2.464.12%
1983$2.522.39%
1984$2.634.44%
1985$2.702.64%
1986$2.59-3.89%
1987$2.673.02%
1988$2.753.09%
1989$2.895.00%
1990$3.055.62%
1991$3.142.75%
1992$3.212.19%
1993$3.303.02%
1994$3.403.02%
1995$3.533.58%
1996$3.622.82%
1997$3.660.87%
1998$3.59-1.89%
1999$3.662.01%
2000$3.896.18%
2001$3.910.60%
2002$3.87-0.90%
2003$3.993.07%
2004$4.133.52%
2005$4.416.63%
2006$4.584.00%
2007$4.682.11%
2008$4.965.88%
2009$4.54-8.33%
2010$4.907.89%
2011$5.389.81%
2012$5.512.34%
2013$5.510.03%
2014$5.47-0.68%
2015$5.04-7.81%
2016$4.94-2.10%
2017$5.113.42%
2018$5.344.51%
2019$5.32-0.28%
2020$5.10-4.16%
2021$5.8514.56%
2022$6.7515.47%
2023$6.770.24%
2024$6.70-0.98%*

* 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
CPI14.20014.26714.56014.62014.30014.22014.76016.02015.92015.90015.90016.86018.45420.57722.11522.68524.13825.73126.46926.08525.76926.23127.69228.60829.79229.78530.12330.75430.92331.38531.90032.35433.27734.33835.66237.49239.46239.92341.18545.80050.10055.08558.96961.73170.53183.09293.15496.99299.308103.715106.454102.315105.408108.662114.100120.515123.831126.538130.362134.300139.108143.031144.277141.554144.400153.331154.254152.862157.562163.100173.908180.862184.682195.549179.252193.396212.366217.337217.412215.939199.067194.894201.565210.664210.068201.334230.657266.330266.978264.374

Adjust transportation prices for inflation

Start with the inflation rate formula:

CPI in 1972 / CPI in 1971 * 1971 USD value = 1972 USD value

Then plug in historical CPI values from above. The CPI for Transportation was 39.462 in the year 1971 and 39.923 in 1972:

39.923 / 39.462 * $1 = $1.01

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1971 has the same "purchasing power" as $1.01 in 1972 (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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