According to the U.S. Bureau of Labor Statistics, prices for moving, storage, freight expense were 28.80% higher in 2018 versus 2012 (a $57.61 difference in value).
Between 2012 and 2018: Moving expenses experienced an average inflation rate of 4.31% per year. This rate of change indicates significant inflation. In other words, moving expenses costing $200 in the year 2012 would cost $257.61 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.47% during this same period, inflation for moving expenses was higher.
In the year 2012: Pricing changed by 3.12%, which is below the average yearly change for moving expenses during the 2012-2018 time period. Compared to inflation for all items in 2012 (2.07%), inflation for moving expenses was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Moving, storage, freight expense:
Below are calculations of equivalent buying power for Moving expenses, over time, for $200 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|