Compare Airline Fares

30 difference). From 2000 to 2018: The air fare recorded an annual avarage annual growth of 0.55%. Or in other words, an air fare of $100 in 2000 would be $110.30 in 2018 for an equal buy.

Air fare inflation was lower than the overall 2.11% over the same horizon. The year 2000: Prices have increased by 9.45%, well above the annual mean increase in air fares over the 2000-2018 timeframe. Air fares were significantly higher than the 3.38% increase in all articles in 2000.

The following are simulations of the purchasing potential equivalents of the air fare over a period of $100 from the year 2000. Any of the following sums shall be equal in value in terms of what he could buy at that time: Begin with the equation of the percentage of inflation: Its CPI for fares was 239,425 in 2000 and 264,078 in 2018:

Therefore, according to the U.S. Bureau of Labor Statistics, $100 in 2000 has the same "purchasing power" as $110.30 in 2018 (in the CPI air fares category). Sources: for 1989 air fares. Besides air fares, the index provides montly price evolution information on municipal consumer demand for a wide range of goods and sevices.

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