Parking and tolls priced at $5 in 2000 $10.05 in 2017

Historical Price Inflation for Parking and tolls


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Prices for Parking And Tolls, 2000-2017 ($5)

According to the U.S. Bureau of Labor Statistics, prices for parking fees and tolls were 100.91% higher in 2017 versus 2000.

Between 2000 and 2017: Parking and tolls experienced an average inflation rate of 4.19% per year. In other words, parking and tolls costing $5 in the year 2000 would cost $10.05 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, parking and tolls inflation was similar.

In the year 2000: Pricing changed by 4.09%, below the average yearly change for parking and tolls during the 2000-2017 time period. Compared to overall inflation for all items in 2000 (3.38%), price inflation for parking and tolls was higher.

Price Inflation for Parking fees and tolls since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2012 (8.69%), 2009 (7.76%), and 2005 (7.08%).

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
CPI 100.000 106.000 108.638 113.085 118.231 122.492 125.908 132.069 141.415 145.569 150.402 160.320 172.765 178.377 182.524 198.384 205.393 210.396 215.851 221.876 227.203

View price changes for other categories
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How to calculate the inflation rate for parking and tolls, 2000-2017

Start with the inflation rate formula:

CPI in 2017 / CPI in 2000 * 2000 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Parking fees and tolls was 113.085 in the year 2000 and 227.203 in 2017:

227.203 / 113.085 * $5 = $10.05

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 2000 has the same "purchasing power" as $10.05 in 2017 (in the category of Parking fees and tolls).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Parking fees and tolls in 1997. In addition to parking and tolls, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.

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