Parking and other fees priced at $20 in 1997 $43.14 in 2021

Parking And Other Fees Inflation Calculator

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Prices for Parking And Other Fees, 1997-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for parking and other fees were 115.70% higher in 2021 versus 1997 (a $23.14 difference in value).

Between 1997 and 2021: Parking and other fees experienced an average inflation rate of 3.25% per year. This rate of change indicates significant inflation. In other words, parking and other fees costing $20 in the year 1997 would cost $43.14 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.13% during this same period, inflation for parking and other fees was higher.

Price Inflation for Parking and other fees since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2012 (6.61%), 2009 (6.13%), and 1998 (5.78%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Parking and other fees:

Year 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
CPI 100.000 105.777 108.438 112.600 117.685 121.862 124.838 130.177 137.354 141.054 145.552 152.963 162.339 166.674 170.006 181.248 186.632 190.179 194.355 198.326 200.215 205.442 212.037 212.846 215.700

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Buying power of $20 since 1997

Below are calculations of equivalent buying power for Parking and other fees, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1997 $20.00 -
1998 $21.16 5.78%
1999 $21.69 2.52%
2000 $22.52 3.84%
2001 $23.54 4.52%
2002 $24.37 3.55%
2003 $24.97 2.44%
2004 $26.04 4.28%
2005 $27.47 5.51%
2006 $28.21 2.69%
2007 $29.11 3.19%
2008 $30.59 5.09%
2009 $32.47 6.13%
2010 $33.33 2.67%
2011 $34.00 2.00%
2012 $36.25 6.61%
2013 $37.33 2.97%
2014 $38.04 1.90%
2015 $38.87 2.20%
2016 $39.67 2.04%
2017 $40.04 0.95%
2018 $41.09 2.61%
2019 $42.41 3.21%
2020 $42.57 0.38%
2021 $43.14 1.34%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for parking and other fees, 1997-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1997 * 1997 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Parking and other fees was 100.000 in the year 1997 and 215.700 in 2021:

215.700 / 100.000 * $20 = $43.14

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $43.14 in 2021 (in the CPI category of Parking and other fees).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Parking and other fees in 1997. In addition to parking and other fees, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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