According to the U.S. Bureau of Labor Statistics, prices for parking fees and tolls are 177.86% higher in 2024 versus 1997 (a $8.89 difference in value).
Between 1997 and 2024: Parking and tolls experienced an average inflation rate of 3.86% per year. This rate of change indicates significant inflation. In other words, parking and tolls costing $5 in the year 1997 would cost $13.89 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for parking and tolls was higher.
Below are calculations of equivalent buying power for Parking and tolls, over time, for $5 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 | $5.00 | - |
| 1998 | $5.30 | 6.00% |
| 1999 | $5.43 | 2.49% |
| 2000 | $5.65 | 4.09% |
| 2001 | $5.91 | 4.55% |
| 2002 | $6.12 | 3.60% |
| 2003 | $6.30 | 2.79% |
| 2004 | $6.60 | 4.89% |
| 2005 | $7.07 | 7.08% |
| 2006 | $7.28 | 2.94% |
| 2007 | $7.52 | 3.32% |
| 2008 | $8.02 | 6.59% |
| 2009 | $8.64 | 7.76% |
| 2010 | $8.92 | 3.25% |
| 2011 | $9.13 | 2.32% |
| 2012 | $9.92 | 8.69% |
| 2013 | $10.27 | 3.53% |
| 2014 | $10.52 | 2.44% |
| 2015 | $10.79 | 2.59% |
| 2016 | $11.09 | 2.79% |
| 2017 | $11.36 | 2.44% |
| 2018 | $11.63 | 2.30% |
| 2019 | $11.95 | 2.79% |
| 2020 | $12.03 | 0.64% |
| 2021 | $12.45 | 3.55% |
| 2022 | $12.80 | 2.78% |
| 2023 | $13.22 | 3.26% |
| 2024 | $13.89 | 5.12%* |
* 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 Parking fees and tolls:
| 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 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 106.000 | 108.638 | 113.085 | 118.231 | 122.492 | 125.908 | 132.069 | 141.415 | 145.569 | 150.402 | 160.320 | 172.765 | 178.377 | 182.524 | 198.384 | 205.393 | 210.396 | 215.851 | 221.876 | 227.284 | 232.508 | 238.995 | 240.531 | 249.059 | 255.992 | 264.327 | 277.862 |