Transportation priced at $1 in 1988 $1.05 in 1989

Transportation Inflation Calculator

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Prices for Transportation, 1988-1989 ($1)

According to the U.S. Bureau of Labor Statistics, prices for transportation were 5% higher in 1989 versus 1988 (a $0.05 difference in value).

Between 1988 and 1989: Transportation experienced an average inflation rate of 5% per year. This rate of change indicates significant inflation. In other words, transportation costing $1 in the year 1988 would cost $1.05 in 1989 for an equivalent purchase. Compared to the overall inflation rate of 4.83% during this same period, inflation for transportation was higher.

In the year 1988: Pricing changed by 3.09%, which is below the average yearly change for transportation during the 1988-1989 time period. Compared to inflation for all items in 1988 (4.08%), inflation for transportation was 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 1988

Below are calculations of equivalent buying power for Transportation, over time, for $1 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$1.003.09%
1989$1.055.00%
1990$1.115.62%
1991$1.142.75%
1992$1.162.19%
1993$1.203.02%
1994$1.243.02%
1995$1.283.58%
1996$1.322.82%
1997$1.330.87%
1998$1.30-1.89%
1999$1.332.01%
2000$1.416.18%
2001$1.420.60%
2002$1.41-0.90%
2003$1.453.07%
2004$1.503.52%
2005$1.606.63%
2006$1.664.00%
2007$1.702.11%
2008$1.805.88%
2009$1.65-8.33%
2010$1.787.89%
2011$1.959.81%
2012$2.002.34%
2013$2.000.03%
2014$1.99-0.68%
2015$1.83-7.81%
2016$1.79-2.10%
2017$1.853.42%
2018$1.944.51%
2019$1.93-0.28%
2020$1.85-4.16%
2021$2.1214.56%
2022$2.4515.47%
2023$2.460.24%
2024$2.460.04%*

* 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 1989 / CPI in 1988 * 1988 USD value = 1989 USD value

Then plug in historical CPI values from above. The CPI for Transportation was 108.662 in the year 1988 and 114.100 in 1989:

114.100 / 108.662 * $1 = $1.05

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1988 has the same "purchasing power" as $1.05 in 1989 (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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