Trucks priced at $25,000 in 2000 $25,683.48 in 2018

Historical Price Inflation for Trucks

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Prices for Trucks, 2000-2018 ($25,000)

According to the U.S. Bureau of Labor Statistics, prices for new trucks were 2.73% higher in 2018 versus 2000 (a $683.48 difference in value).

Between 2000 and 2018: Trucks experienced an average inflation rate of 0.15% per year. In other words, trucks costing $25,000 in the year 2000 would cost $25,683.48 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for trucks was lower.

In the year 2000: Pricing changed by -0.22%, which is below the average yearly change for trucks during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for trucks was much lower.

Price Inflation for New trucks since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (4.46%), 1986 (4.41%), and 1994 (4.37%).

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

Year 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 101.275 105.533 110.183 112.242 113.542 117.008 121.575 126.992 130.917 135.750 141.683 145.942 149.500 151.433 151.050 152.000 151.658 150.717 147.775 146.058 145.000 145.283 142.900 140.710 137.103 138.847 142.692 146.546 149.394 151.853 153.567 155.444 156.438 156.573 155.805

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Buying power of $25000 since 2000

Below are calculations of equivalent buying power for Trucks, over time, for $25000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $25,000.00 -0.22%
2001 $24,844.77 -0.62%
2002 $24,359.85 -1.95%
2003 $24,076.87 -1.16%
2004 $23,902.41 -0.72%
2005 $23,949.12 0.20%
2006 $23,556.24 -1.64%
2007 $23,195.16 -1.53%
2008 $22,600.62 -2.56%
2009 $22,888.11 1.27%
2010 $23,521.92 2.77%
2011 $24,157.32 2.70%
2012 $24,626.72 1.94%
2013 $25,032.02 1.65%
2014 $25,314.61 1.13%
2015 $25,624.06 1.22%
2016 $25,787.89 0.64%
2017 $25,810.18 0.09%
2018 $25,683.48 -0.49%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for trucks, 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 trucks was 151.658 in the year 2000 and 155.805 in 2018:

155.805 / 151.658 * $25,000 = $25,683.48

Therefore, according to U.S. Bureau of Labor Statistics, $25,000 in 2000 has the same "purchasing power" as $25,683.48 in 2018 (in the CPI category of New trucks).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for New trucks in 1984. In addition to trucks, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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