According to the U.S. Bureau of Labor Statistics, prices for car and truck rental were 5.94% higher in 2018 versus 2008 (a $1.19 difference in value).
Between 2008 and 2018: Car and truck rental experienced an average inflation rate of 0.58% per year. In other words, car and truck rental costing $20 in the year 2008 would cost $21.19 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.54% during this same period, inflation for car and truck rental was lower.
In the year 2008: Pricing changed by 3.57%, which is above the average yearly change for car and truck rental during the 2008-2018 time period. Compared to inflation for all items in 2008 (3.84%), inflation for car and truck rental was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Car and truck rental:
Below are calculations of equivalent buying power for Car and truck rental, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|