According to the U.S. Bureau of Labor Statistics, prices for transportation are 1,594.84% higher in 2024 versus 1945 (a $31,896,855,345.91 difference in value).
Between 1945 and 2024: Transportation experienced an average inflation rate of 3.65% per year. This rate of change indicates significant inflation. In other words, transportation costing $2,000,000,000 in the year 1945 would cost $33,896,855,345.91 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.67% during this same period, inflation for transportation was lower.
In the year 1945: Pricing changed by 0%, which is significantly below the average yearly change for transportation during the 1945-2024 time period. Compared to inflation for all items in 1945 (2.27%), inflation for transportation was lower.
Below are calculations of equivalent buying power for Transportation, over time, for $2,000,000,000 beginning in 1945. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1945 | $2,000,000,000.00 | - |
1946 | $2,120,754,716.98 | 6.04% |
1947 | $2,321,238,509.92 | 9.45% |
1948 | $2,588,292,210.93 | 11.50% |
1949 | $2,781,809,385.58 | 7.48% |
1950 | $2,853,410,740.20 | 2.57% |
1951 | $3,036,284,470.25 | 6.41% |
1952 | $3,236,574,746.01 | 6.60% |
1953 | $3,329,462,989.84 | 2.87% |
1954 | $3,281,083,696.18 | -1.45% |
1955 | $3,241,412,675.37 | -1.21% |
1956 | $3,299,467,827.77 | 1.79% |
1957 | $3,483,309,143.69 | 5.57% |
1958 | $3,598,451,862.60 | 3.31% |
1959 | $3,747,460,087.08 | 4.14% |
1960 | $3,746,492,501.21 | -0.03% |
1961 | $3,789,066,279.63 | 1.14% |
1962 | $3,868,408,321.24 | 2.09% |
1963 | $3,889,695,210.45 | 0.55% |
1964 | $3,947,750,362.84 | 1.49% |
1965 | $4,012,578,616.35 | 1.64% |
1966 | $4,069,666,182.87 | 1.42% |
1967 | $4,185,776,487.66 | 2.85% |
1968 | $4,319,303,338.17 | 3.19% |
1969 | $4,485,728,108.37 | 3.85% |
1970 | $4,716,013,546.20 | 5.13% |
1971 | $4,963,715,529.75 | 5.25% |
1972 | $5,021,770,682.15 | 1.17% |
1973 | $5,180,454,765.36 | 3.16% |
1974 | $5,761,006,289.31 | 11.21% |
1975 | $6,301,886,792.45 | 9.39% |
1976 | $6,928,882,438.32 | 9.95% |
1977 | $7,417,513,304.31 | 7.05% |
1978 | $7,764,876,632.80 | 4.68% |
1979 | $8,871,794,871.79 | 14.26% |
1980 | $10,451,862,602.81 | 17.81% |
1981 | $11,717,464,925.01 | 12.11% |
1982 | $12,200,290,275.76 | 4.12% |
1983 | $12,491,533,623.61 | 2.39% |
1984 | $13,045,960,328.98 | 4.44% |
1985 | $13,390,420,899.85 | 2.64% |
1986 | $12,869,859,700.05 | -3.89% |
1987 | $13,258,829,221.09 | 3.02% |
1988 | $13,668,118,045.48 | 3.09% |
1989 | $14,352,201,257.86 | 5.00% |
1990 | $15,159,167,876.15 | 5.62% |
1991 | $15,576,197,387.52 | 2.75% |
1992 | $15,916,787,614.90 | 2.19% |
1993 | $16,397,677,793.90 | 3.02% |
1994 | $16,893,081,761.01 | 3.02% |
1995 | $17,497,822,931.79 | 3.58% |
1996 | $17,991,291,727.14 | 2.82% |
1997 | $18,148,040,638.61 | 0.87% |
1998 | $17,805,515,239.48 | -1.89% |
1999 | $18,163,522,012.58 | 2.01% |
2000 | $19,286,889,211.42 | 6.18% |
2001 | $19,402,999,516.21 | 0.60% |
2002 | $19,227,866,473.15 | -0.90% |
2003 | $19,819,061,441.70 | 3.07% |
2004 | $20,515,723,270.44 | 3.52% |
2005 | $21,875,181,422.35 | 6.63% |
2006 | $22,749,879,051.77 | 4.00% |
2007 | $23,230,391,872.28 | 2.11% |
2008 | $24,597,397,194.00 | 5.88% |
2009 | $22,547,469,762.94 | -8.33% |
2010 | $24,326,531,204.64 | 7.89% |
2011 | $26,712,704,402.52 | 9.81% |
2012 | $27,338,035,800.68 | 2.34% |
2013 | $27,347,373,004.35 | 0.03% |
2014 | $27,162,167,392.36 | -0.68% |
2015 | $25,039,825,834.54 | -7.81% |
2016 | $24,514,920,174.17 | -2.10% |
2017 | $25,354,097,726.17 | 3.42% |
2018 | $26,498,558,297.05 | 4.51% |
2019 | $26,423,676,826.32 | -0.28% |
2020 | $25,325,060,474.12 | -4.16% |
2021 | $29,013,459,119.50 | 14.56% |
2022 | $33,500,609,579.10 | 15.47% |
2023 | $33,582,186,744.07 | 0.24% |
2024 | $33,896,855,345.91 | 0.94%* |
* 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 | 269.480 |