According to the U.S. Bureau of Labor Statistics, prices for transportation are 123.61% higher in 2024 versus 1990 (a $742,612,087.57 difference in value).
Between 1990 and 2024: Transportation experienced an average inflation rate of 2.40% per year. This rate of change indicates significant inflation. In other words, transportation costing $600,788,188 in the year 1990 would cost $1,343,400,275.57 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.58% during this same period, inflation for transportation was lower.
In the year 1990: Pricing changed by 5.62%, which is significantly above the average yearly change for transportation during the 1990-2024 time period. Compared to inflation for all items in 1990 (5.40%), inflation for transportation was higher.
Below are calculations of equivalent buying power for Transportation, over time, for $600,788,188 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1990 | $600,788,188.00 | 5.62% |
1991 | $617,315,902.88 | 2.75% |
1992 | $630,814,175.82 | 2.19% |
1993 | $649,872,816.88 | 3.02% |
1994 | $669,506,668.43 | 3.02% |
1995 | $693,473,772.37 | 3.58% |
1996 | $713,030,929.19 | 2.82% |
1997 | $719,243,202.54 | 0.87% |
1998 | $705,668,234.86 | -1.89% |
1999 | $719,856,760.40 | 2.01% |
2000 | $764,378,052.68 | 6.18% |
2001 | $768,979,736.64 | 0.60% |
2002 | $762,038,863.34 | -0.90% |
2003 | $785,469,104.16 | 3.07% |
2004 | $813,079,207.90 | 3.52% |
2005 | $866,957,257.57 | 6.63% |
2006 | $901,623,276.71 | 4.00% |
2007 | $920,666,962.30 | 2.11% |
2008 | $974,844,121.42 | 5.88% |
2009 | $893,601,391.15 | -8.33% |
2010 | $964,109,159.70 | 7.89% |
2011 | $1,058,677,983.23 | 9.81% |
2012 | $1,083,461,119.13 | 2.34% |
2013 | $1,083,831,171.21 | 0.03% |
2014 | $1,076,491,101.83 | -0.68% |
2015 | $992,378,454.67 | -7.81% |
2016 | $971,575,391.92 | -2.10% |
2017 | $1,004,833,679.24 | 3.42% |
2018 | $1,050,190,944.12 | 4.51% |
2019 | $1,047,223,241.44 | -0.28% |
2020 | $1,003,682,874.78 | -4.16% |
2021 | $1,149,861,501.27 | 14.56% |
2022 | $1,327,696,262.11 | 15.47% |
2023 | $1,330,929,328.57 | 0.24% |
2024 | $1,343,400,275.57 | 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 |