Leased cars and trucks priced at $20 in 2001 $17.65 in 2018

Historical Price Inflation for Leased cars and trucks

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Prices for Leased Cars And Trucks, 2001-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for leased cars and trucks were 11.77% lower in 2018 versus 2001.

Between 2001 and 2018: Leased cars and trucks experienced an average inflation rate of -0.73% per year. In other words, leased cars and trucks costing $20 in the year 2001 would cost $17.65 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.02% during this same period, inflation for leased cars and trucks was lower.

Price Inflation for Leased cars and trucks since 2001

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2009 (7.74%), 2010 (-5.33%), and 2012 (-5.16%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Leased cars and trucks:

Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 99.038 96.785 93.569 92.692 93.100 92.637 95.055 102.414 96.956 94.360 89.489 86.746 84.782 84.223 84.538 84.799 88.229

View price changes for other categories
Wine at home · Electricity · Frankfurters · Housing · More

How to calculate the inflation rate for leased cars and trucks, 2001-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2001 * 2001 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Leased cars and trucks was 100.000 in the year 2001 and 88.229 in 2018:

88.229 / 100.000 * $20 = $17.65

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $17.65 in 2018 (in the category of Leased cars and trucks).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Leased cars and trucks in 2001. In addition to leased cars and trucks, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.

» Read more about inflation.