According to the U.S. Bureau of Labor Statistics, prices for moving, storage, freight expense were 5.72% higher in 2018 versus 2017 (a $11.44 difference in value).
Between 2017 and 2018: Moving expenses experienced an average inflation rate of 5.72% per year. This rate of change indicates significant inflation. In other words, moving expenses costing $200 in the year 2017 would cost $211.44 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.44% during this same period, inflation for moving expenses was significantly higher.
In the year 2017: Pricing changed by 1.12%, which is significantly below the average yearly change for moving expenses during the 2017-2018 time period. Compared to inflation for all items in 2017 (2.13%), inflation for moving expenses was lower.
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 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|