Car and truck rental priced at $20 in 2006 $22.59 in 2018

Historical Price Inflation for Car and truck rental

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Prices for Car And Truck Rental, 2006-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for car and truck rental were 12.93% higher in 2018 versus 2006 (a $2.59 difference in value).

Between 2006 and 2018: Car and truck rental experienced an average inflation rate of 1.02% per year. In other words, car and truck rental costing $20 in the year 2006 would cost $22.59 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.84% during this same period, inflation for car and truck rental was lower.

In the year 2006: Pricing changed by 3.50%, which is above the average yearly change for car and truck rental during the 2006-2018 time period. Compared to inflation for all items in 2006 (3.23%), inflation for car and truck rental was higher.

Price Inflation for Car and truck rental since 1998

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2009 (8.35%), 2002 (5.50%), and 2001 (-3.88%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Car and truck rental:

Year 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 101.808 104.650 107.725 103.550 109.242 108.033 105.058 106.642 110.375 113.608 117.663 127.493 123.810 123.959 123.748 125.868 127.973 127.734 131.040 128.136 124.652

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Buying power of $20 since 2006

Below are calculations of equivalent buying power for Car and truck rental, over time, for $20 beginning in 2006. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2006 $20.00 3.50%
2007 $20.59 2.93%
2008 $21.32 3.57%
2009 $23.10 8.35%
2010 $22.43 -2.89%
2011 $22.46 0.12%
2012 $22.42 -0.17%
2013 $22.81 1.71%
2014 $23.19 1.67%
2015 $23.15 -0.19%
2016 $23.74 2.59%
2017 $23.22 -2.22%
2018 $22.59 -2.72%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for car and truck rental, 2006-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2006 * 2006 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Car and truck rental was 110.375 in the year 2006 and 124.652 in 2018:

124.652 / 110.375 * $20 = $22.59

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2006 has the same "purchasing power" as $22.59 in 2018 (in the CPI category of Car and truck rental).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Car and truck rental in 1998. In addition to car and truck rental, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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