Utilities and public transportation priced at $20 in 2012 $25 in 2024

Utilities And Public Transportation Inflation Calculator

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Prices for Utilities And Public Transportation, 2012-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for utilities and public transportation are 25.02% higher in 2024 versus 2012 (a $5 difference in value).

Between 2012 and 2024: Utilities and public transportation experienced an average inflation rate of 1.88% per year. In other words, utilities and public transportation costing $20 in the year 2012 would cost $25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.62% during this same period, inflation for utilities and public transportation was lower.

In the year 2012: Pricing changed by 0.45%, which is below the average yearly change for utilities and public transportation during the 2012-2024 time period. Compared to inflation for all items in 2012 (2.07%), 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 2012

Below are calculations of equivalent buying power for Utilities and public transportation, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2012$20.000.45%
2013$20.452.24%
2014$20.892.18%
2015$20.71-0.88%
2016$20.750.19%
2017$20.860.55%
2018$20.940.36%
2019$21.010.36%
2020$21.060.23%
2021$21.974.30%
2022$24.029.35%
2023$24.532.13%
2024$25.001.93%*

* 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:

Year19571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI25.04626.01526.70827.60828.14628.52328.74628.96229.00829.22329.75430.31531.41533.40835.70837.43838.68542.11546.73151.22355.73159.26263.36972.40083.17793.500100.592105.892109.038110.954111.138112.808116.638121.100125.854128.892134.623136.838138.315142.162145.915146.008147.262152.569161.000158.354164.331167.469176.585186.715191.340202.783200.337203.061206.541207.469212.115216.730214.816215.216216.396217.178217.970218.462227.859249.156254.458259.371

Adjust utilities and public transportation prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2012 * 2012 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Utilities and public transportation was 207.469 in the year 2012 and 259.371 in 2024:

259.371 / 207.469 * $20 = $25

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2012 has the same "purchasing power" as $25 in 2024 (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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