Transportation priced at $1 in 1971 $6.78 in 2022

Transportation Inflation Calculator

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Prices for Transportation, 1971-2022 ($1)

According to the U.S. Bureau of Labor Statistics, prices for transportation are 577.95% higher in 2022 versus 1971 (a $5.78 difference in value).

Between 1971 and 2022: Transportation experienced an average inflation rate of 3.82% per year. This rate of change indicates significant inflation. In other words, transportation costing $1 in the year 1971 would cost $6.78 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.95% during this same period, inflation for transportation was lower.

In the year 1971: Pricing changed by 5.25%, which is above the average yearly change for transportation during the 1971-2022 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 (15.99%), 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$6.7815.99%*

* 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:

Year1935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI14.20014.26714.56014.62014.30014.22014.76016.02015.92015.90015.90016.86018.45420.57722.11522.68524.13825.73126.46926.08525.76926.23127.69228.60829.79229.78530.12330.75430.92331.38531.90032.35433.27734.33835.66237.49239.46239.92341.18545.80050.10055.08558.96961.73170.53183.09293.15496.99299.308103.715106.454102.315105.408108.662114.100120.515123.831126.538130.362134.300139.108143.031144.277141.554144.400153.331154.254152.862157.562163.100173.908180.862184.682195.549179.252193.396212.366217.337217.412215.939199.067194.894201.565210.664210.068201.334230.657267.530

Adjust transportation prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1971 * 1971 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Transportation was 39.462 in the year 1971 and 267.530 in 2022:

267.530 / 39.462 * $1 = $6.78

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1971 has the same "purchasing power" as $6.78 in 2022 (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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