InflationAssumptions

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Price indices assumed in the MTC Travel Model
(Source:  Bureau of Labor Statistics older data/current data; FRED API).

Year	Consumer Price Index (1982 - 1984 Ref)	Consumer Price Index (2000 Reference)	Consumer Price Index (2010 Reference)
1983	98.40	0.55	0.43
1984	104.00	0.58	0.46
1985	108.40	0.60	0.48
1986	111.60	0.62	0.49
1987	115.40	0.64	0.51
1988	120.50	0.67	0.53
1989	126.40	0.70	0.56
1990	132.10	0.73	0.58
1991	137.90	0.77	0.61
1992	142.50	0.79	0.63
1993	146.30	0.81	0.64
1994	148.70	0.83	0.65
1995	151.60	0.84	0.67
1996	155.10	0.86	0.68
1997	160.40	0.89	0.71
1998	165.50	0.92	0.73
1999	172.50	0.96	0.76
2000	180.20	1.00	0.79
2001	189.90	1.05	0.83
2002	193.00	1.07	0.85
2003	196.40	1.09	0.86
2004	198.80	1.10	0.87
2005	202.70	1.12	0.89
2006	209.20	1.16	0.92
2007	216.05	1.20	0.95
2008	222.77	1.24	0.98
2009	224.40	1.25	0.99
2010	227.47	1.26	1.00
2011	233.39	1.30	1.03
2012	239.65	1.33	1.05
2013	245.02	1.36	1.08
2014	251.99	1.40	1.11
2015	258.57	1.43	1.14
2016	266.34	1.48	1.17
2017	274.92	1.53	1.21
2018	285.55	1.58	1.26
2019	295.00	1.64	1.30
2020	300.08	1.67	1.32
2021	309.72	1.72	1.36
2022	327.06	1.81	1.44
2023	339.05	1.88	1.49

Updated 2024 May 14; 2023 is annual.