According to the U.S. Bureau of Labor Statistics, prices for car and truck rental were 22.51% higher in 2017 versus 2004.
Between 2004 and 2017: Car and truck rental experienced an average inflation rate of 1.57% per year. In other words, car and truck rental costing $20 in the year 2004 would cost $24.50 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.02% during this same period, inflation for car and truck rental was lower.
In the year 2004: Pricing changed by -2.78%, significantly below the average yearly change for car and truck rental during the 2004-2017 time period. Compared to inflation for all items in 2004 (2.68%), price inflation for car and truck rental was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Car and truck rental: