According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,780.83% higher in 2024 versus 1935 (a $47,191,958,920.19 difference in value).
Between 1935 and 2024: Transportation experienced an average inflation rate of 3.35% per year. This rate of change indicates significant inflation. In other words, transportation costing $2,650,000,000 in the year 1935 would cost $49,841,958,920.19 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.57% during this same period, inflation for transportation was lower.
Below are calculations of equivalent buying power for Transportation, over time, for $2,650,000,000 beginning in 1935. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1935 | $2,650,000,000.00 | - |
1936 | $2,662,441,314.55 | 0.47% |
1937 | $2,717,183,098.59 | 2.06% |
1938 | $2,728,380,281.69 | 0.41% |
1939 | $2,668,661,971.83 | -2.19% |
1940 | $2,653,732,394.37 | -0.56% |
1941 | $2,754,507,042.25 | 3.80% |
1942 | $2,989,647,887.32 | 8.54% |
1943 | $2,970,985,915.49 | -0.62% |
1944 | $2,967,253,521.13 | -0.13% |
1945 | $2,967,253,521.13 | 0.00% ** |
1946 | $3,146,408,450.70 | 6.04% |
1947 | $3,443,851,570.96 | 9.45% |
1948 | $3,840,059,588.30 | 11.50% |
1949 | $4,127,166,847.24 | 7.48% |
1950 | $4,233,396,533.04 | 2.57% |
1951 | $4,504,712,892.74 | 6.41% |
1952 | $4,801,868,905.74 | 6.60% |
1953 | $4,939,680,390.03 | 2.87% |
1954 | $4,867,903,575.30 | -1.45% |
1955 | $4,809,046,587.22 | -1.21% |
1956 | $4,895,178,764.90 | 1.79% |
1957 | $5,167,930,660.89 | 5.57% |
1958 | $5,338,759,479.96 | 3.31% |
1959 | $5,559,832,069.34 | 4.14% |
1960 | $5,558,396,533.04 | -0.03% |
1961 | $5,621,560,130.01 | 1.14% |
1962 | $5,739,274,106.18 | 2.09% |
1963 | $5,770,855,904.66 | 0.55% |
1964 | $5,856,988,082.34 | 1.49% |
1965 | $5,953,169,014.08 | 1.64% |
1966 | $6,037,865,655.47 | 1.42% |
1967 | $6,210,130,010.83 | 2.85% |
1968 | $6,408,234,019.50 | 3.19% |
1969 | $6,655,146,262.19 | 3.85% |
1970 | $6,996,803,900.33 | 5.13% |
1971 | $7,364,301,191.77 | 5.25% |
1972 | $7,450,433,369.45 | 1.17% |
1973 | $7,685,861,321.78 | 3.16% |
1974 | $8,547,183,098.59 | 11.21% |
1975 | $9,349,647,887.32 | 9.39% |
1976 | $10,279,875,406.28 | 9.95% |
1977 | $11,004,821,235.10 | 7.05% |
1978 | $11,520,178,764.90 | 4.68% |
1979 | $13,162,432,286.02 | 14.26% |
1980 | $15,506,663,055.25 | 17.81% |
1981 | $17,384,344,528.71 | 12.11% |
1982 | $18,100,677,139.76 | 4.12% |
1983 | $18,532,773,564.46 | 2.39% |
1984 | $19,355,335,861.32 | 4.44% |
1985 | $19,866,386,782.23 | 2.64% |
1986 | $19,094,068,255.69 | -3.89% |
1987 | $19,671,153,846.15 | 3.02% |
1988 | $20,278,385,698.81 | 3.09% |
1989 | $21,293,309,859.15 | 5.00% |
1990 | $22,490,547,128.93 | 5.62% |
1991 | $23,109,263,271.94 | 2.75% |
1992 | $23,614,572,047.67 | 2.19% |
1993 | $24,328,033,586.13 | 3.02% |
1994 | $25,063,028,169.01 | 3.02% |
1995 | $25,960,238,353.20 | 3.58% |
1996 | $26,692,361,863.49 | 2.82% |
1997 | $26,924,918,743.23 | 0.87% |
1998 | $26,416,738,894.91 | -1.89% |
1999 | $26,947,887,323.94 | 2.01% |
2000 | $28,614,544,962.08 | 6.18% |
2001 | $28,786,809,317.44 | 0.60% |
2002 | $28,526,977,248.10 | -0.90% |
2003 | $29,404,089,924.16 | 3.07% |
2004 | $30,437,676,056.34 | 3.52% |
2005 | $32,454,604,550.38 | 6.63% |
2006 | $33,752,329,360.78 | 4.00% |
2007 | $34,465,231,040.09 | 2.11% |
2008 | $36,493,356,717.23 | 5.88% |
2009 | $33,452,029,523.29 | -8.33% |
2010 | $36,091,492,686.89 | 7.89% |
2011 | $39,631,683,098.59 | 9.81% |
2012 | $40,559,441,495.12 | 2.34% |
2013 | $40,573,294,420.37 | 0.03% |
2014 | $40,298,518,418.20 | -0.68% |
2015 | $37,149,755,687.97 | -7.81% |
2016 | $36,370,991,603.47 | -2.10% |
2017 | $37,616,017,876.49 | 3.42% |
2018 | $39,313,970,205.85 | 4.51% |
2019 | $39,202,874,052.00 | -0.28% |
2020 | $37,572,937,432.29 | -4.16% |
2021 | $43,045,144,366.20 | 14.56% |
2022 | $49,702,400,866.74 | 15.47% |
2023 | $49,823,430,931.74 | 0.24% |
2024 | $49,841,958,920.19 | 0.04%* |
* 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 | 267.078 |