Private transportation priced at $20 in 2000 $27.57 in 2018

Historical Price Inflation for Private transportation

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Prices for Private Transportation, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for private transportation were 37.86% higher in 2018 versus 2000 (a $7.57 difference in value).

Between 2000 and 2018: Private transportation experienced an average inflation rate of 1.80% per year. In other words, private transportation costing $20 in the year 2000 would cost $27.57 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for private transportation was lower.

In the year 2000: Pricing changed by 6.12%, which is significantly above the average yearly change for private transportation during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for private transportation was higher.

Price Inflation for Private transportation since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2011 (10.01%), 2009 (-8.52%), and 2015 (-8.20%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Private transportation:

Year 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
CPI 103.567 106.167 101.200 104.200 107.600 112.933 118.800 121.900 124.600 127.533 131.400 136.267 140.033 141.000 137.933 140.500 149.100 150.033 148.800 153.600 159.400 170.200 176.967 180.778 191.039 174.762 188.747 207.641 212.752 212.399 210.994 193.698 189.502 196.635 205.544

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Private transportation, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 6.12%
2001 $20.13 0.63%
2002 $19.96 -0.82%
2003 $20.60 3.23%
2004 $21.38 3.78%
2005 $22.83 6.78%
2006 $23.74 3.98%
2007 $24.25 2.15%
2008 $25.63 5.68%
2009 $23.44 -8.52%
2010 $25.32 8.00%
2011 $27.85 10.01%
2012 $28.54 2.46%
2013 $28.49 -0.17%
2014 $28.30 -0.66%
2015 $25.98 -8.20%
2016 $25.42 -2.17%
2017 $26.38 3.76%
2018 $27.57 4.53%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for private transportation, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Private transportation was 149.100 in the year 2000 and 205.544 in 2018:

205.544 / 149.100 * $20 = $27.57

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $27.57 in 2018 (in the CPI category of Private transportation).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Private transportation in 1984. In addition to private 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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