Utilities and public transportation priced at $20 in 2004 $29.64 in 2022

Utilities And Public Transportation Inflation Calculator

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Prices for Utilities And Public Transportation, 2004-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for utilities and public transportation are 48.19% higher in 2022 versus 2004 (a $9.64 difference in value).

Between 2004 and 2022: Utilities and public transportation experienced an average inflation rate of 2.21% per year. This rate of change indicates significant inflation. In other words, utilities and public transportation costing $20 in the year 2004 would cost $29.64 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.44% during this same period, inflation for utilities and public transportation was lower.

In the year 2004: Pricing changed by 1.91%, which is below the average yearly change for utilities and public transportation during the 2004-2022 time period. Compared to inflation for all items in 2004 (2.68%), inflation for utilities and public transportation was lower.

Price Inflation for Utilities and public transportation since 1957

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1981 (14.89%), 1980 (14.25%), and 1982 (12.41%).

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Buying power of $20.00 since 2004

Below are calculations of equivalent buying power for Utilities and public transportation, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2004$20.001.91%
2005$21.095.44%
2006$22.305.74%
2007$22.852.48%
2008$24.225.98%
2009$23.93-1.21%
2010$24.251.36%
2011$24.671.71%
2012$24.780.45%
2013$25.332.24%
2014$25.882.18%
2015$25.65-0.88%
2016$25.700.19%
2017$25.840.55%
2018$25.940.36%
2019$26.030.36%
2020$26.090.23%
2021$27.214.30%
2022$29.648.91%*

* 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 Utilities and public transportation:

Year195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI25.04626.01526.70827.60828.14628.52328.74628.96229.00829.22329.75430.31531.41533.40835.70837.43838.68542.11546.73151.22355.73159.26263.36972.40083.17793.500100.592105.892109.038110.954111.138112.808116.638121.100125.854128.892134.623136.838138.315142.162145.915146.008147.262152.569161.000158.354164.331167.469176.585186.715191.340202.783200.337203.061206.541207.469212.115216.730214.816215.216216.396217.178217.970218.462227.859248.168

Adjust utilities and public transportation prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2004 * 2004 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Utilities and public transportation was 167.469 in the year 2004 and 248.168 in 2022:

248.168 / 167.469 * $20 = $29.64

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2004 has the same "purchasing power" as $29.64 in 2022 (in the CPI category of Utilities and public transportation).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Utilities and public transportation in 1957. In addition to utilities and public 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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