Cars priced at $15,000 in 2000 $15,284.10 in 2018

Historical Price Inflation for Cars

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Prices for Cars, 2000-2018 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices for new cars were 1.89% higher in 2018 versus 2000.

Between 2000 and 2018: Cars experienced an average inflation rate of 0.10% per year. In other words, cars costing $15,000 in the year 2000 would cost $15,284.10 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.07% during this same period, inflation for cars was lower.

In the year 2000: Pricing changed by 0%, below the average yearly change for cars during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), price inflation for cars was much lower.

Price Inflation for New cars since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (49.78%), 1948 (8.97%), and 1949 (8.95%).

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

Year 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 20.300 20.400 20.800 21.800 21.300 21.300 23.000 23.000 23.000 23.000 23.000 23.000 34.450 37.540 40.900 41.120 43.320 46.900 47.192 46.454 44.823 46.062 48.469 50.031 52.192 51.508 51.500 51.308 50.985 50.877 49.723 48.808 49.262 50.654 51.469 53.031 55.208 54.731 54.762 57.931 62.900 66.885 70.423 75.808 81.823 88.369 93.754 97.362 99.877 102.754 106.046 110.615 114.577 116.854 119.238 120.969 125.323 128.362 131.492 135.985 139.015 141.431 141.677 140.700 139.554 139.554 138.923 137.285 134.685 133.938 135.223 136.423 135.865 135.401 136.685 138.094 142.226 144.178 144.923 144.469 144.396 143.690 142.659 142.197

View price changes for other categories
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How to calculate the inflation rate for cars, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for New cars was 139.554 in the year 2000 and 142.197 in 2018:

142.197 / 139.554 * $15,000 = $15,284.10

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 2000 has the same "purchasing power" as $15,284.10 in 2018 (in the category of New cars).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for New cars in 1935. In addition to cars, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.

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