Transportation priced at $1,400,000 in 1976 $6,792,731.46 in 2022

Transportation Inflation Calculator

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Prices for Transportation, 1976-2022 ($1,400,000)

According to the U.S. Bureau of Labor Statistics, prices for transportation are 385.20% higher in 2022 versus 1976 (a $5,392,731.46 difference in value).

Between 1976 and 2022: Transportation experienced an average inflation rate of 3.49% per year. This rate of change indicates significant inflation. In other words, transportation costing $1,400,000 in the year 1976 would cost $6,792,731.46 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.60% during this same period, inflation for transportation was lower.

In the year 1976: Pricing changed by 9.95%, which is significantly above the average yearly change for transportation during the 1976-2022 time period. Compared to inflation for all items in 1976 (5.75%), inflation for transportation was much higher.

Price Inflation for Transportation since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (17.81%), 2022 (15.87%), and 2021 (14.56%).

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Buying power of $1,400,000.00 since 1976

Below are calculations of equivalent buying power for Transportation, over time, for $1,400,000 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1976$1,400,000.009.95%
1977$1,498,729.237.05%
1978$1,568,914.964.68%
1979$1,792,570.8714.26%
1980$2,111,827.9617.81%
1981$2,367,546.4312.11%
1982$2,465,102.644.12%
1983$2,523,949.172.39%
1984$2,635,972.634.44%
1985$2,705,571.852.64%
1986$2,600,391.01-3.89%
1987$2,678,983.383.02%
1988$2,761,681.333.09%
1989$2,899,902.255.00%
1990$3,062,952.105.62%
1991$3,147,214.082.75%
1992$3,216,031.282.19%
1993$3,313,196.483.02%
1994$3,413,294.233.02%
1995$3,535,483.873.58%
1996$3,635,190.622.82%
1997$3,666,862.170.87%
1998$3,597,653.96-1.89%
1999$3,669,990.222.01%
2000$3,896,969.706.18%
2001$3,920,430.110.60%
2002$3,885,043.99-0.90%
2003$4,004,496.583.07%
2004$4,145,259.043.52%
2005$4,419,941.356.63%
2006$4,596,676.444.00%
2007$4,693,765.402.11%
2008$4,969,972.635.88%
2009$4,555,779.08-8.33%
2010$4,915,243.407.89%
2011$5,397,376.349.81%
2012$5,523,726.302.34%
2013$5,525,612.900.03%
2014$5,488,191.59-0.68%
2015$5,059,366.57-7.81%
2016$4,953,307.92-2.10%
2017$5,122,866.083.42%
2018$5,354,107.534.51%
2019$5,338,977.52-0.28%
2020$5,116,999.02-4.16%
2021$5,862,250.2414.56%
2022$6,792,731.4615.87%*
* Not final. See inflation summary for latest details.

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

Year1935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI14.20014.26714.56014.62014.30014.22014.76016.02015.92015.90015.90016.86018.45420.57722.11522.68524.13825.73126.46926.08525.76926.23127.69228.60829.79229.78530.12330.75430.92331.38531.90032.35433.27734.33835.66237.49239.46239.92341.18545.80050.10055.08558.96961.73170.53183.09293.15496.99299.308103.715106.454102.315105.408108.662114.100120.515123.831126.538130.362134.300139.108143.031144.277141.554144.400153.331154.254152.862157.562163.100173.908180.862184.682195.549179.252193.396212.366217.337217.412215.939199.067194.894201.565210.664210.068201.334230.657267.268

Adjust transportation prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1976 * 1976 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Transportation was 55.085 in the year 1976 and 267.268 in 2022:

267.268 / 55.085 * $1,400,000 = $6,792,731.46

Therefore, according to U.S. Bureau of Labor Statistics, $1,400,000 in 1976 has the same "purchasing power" as $6,792,731.46 in 2022 (in the CPI category of Transportation).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Transportation in 1935. In addition to 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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