According to the U.S. Bureau of Labor Statistics, prices for new vehicles were 538.41% higher in 2019 versus 1946 (a $538,408,695.65 difference in value).
Between 1946 and 2019: Vehicles experienced an average inflation rate of 2.57% per year. This rate of change indicates significant inflation. In other words, vehicles costing $100,000,000 in the year 1946 would cost $638,408,695.65 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 3.59% during this same period, inflation for vehicles was lower.
In the year 1946: Pricing changed by 0%, which is below the average yearly change for vehicles during the 1946-2019 time period. Compared to inflation for all items in 1946 (8.47%), inflation for vehicles was much lower.
Below are calculations of equivalent buying power for Vehicles, over time, for $100,000,000 beginning in 1946. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1946 | $100,000,000.00 | - |
1947 | $150,000,000.00 | 50.00% |
1948 | $163,391,304.35 | 8.93% |
1949 | $178,260,869.57 | 9.10% |
1950 | $179,217,391.30 | 0.54% |
1951 | $188,521,739.13 | 5.19% |
1952 | $204,086,956.52 | 8.26% |
1953 | $205,451,505.02 | 0.67% |
1954 | $202,207,357.86 | -1.58% |
1955 | $195,117,056.86 | -3.51% |
1956 | $200,602,006.69 | 2.81% |
1957 | $211,070,234.11 | 5.22% |
1958 | $217,859,531.77 | 3.22% |
1959 | $227,157,190.64 | 4.27% |
1960 | $224,214,046.82 | -1.30% |
1961 | $224,180,602.01 | -0.01% |
1962 | $223,311,036.79 | -0.39% |
1963 | $221,973,244.15 | -0.60% |
1964 | $221,337,792.64 | -0.29% |
1965 | $216,488,294.31 | -2.19% |
1966 | $212,575,250.84 | -1.81% |
1967 | $214,548,494.98 | 0.93% |
1968 | $220,401,337.79 | 2.73% |
1969 | $223,979,933.11 | 1.62% |
1970 | $231,003,344.48 | 3.14% |
1971 | $240,334,448.16 | 4.04% |
1972 | $238,227,424.75 | -0.88% |
1973 | $238,294,314.38 | 0.03% |
1974 | $252,107,023.41 | 5.80% |
1975 | $273,846,153.85 | 8.62% |
1976 | $291,170,568.56 | 6.33% |
1977 | $306,622,073.58 | 5.31% |
1978 | $330,000,000.00 | 7.62% |
1979 | $356,187,290.97 | 7.94% |
1980 | $384,648,829.43 | 7.99% |
1981 | $408,127,090.30 | 6.10% |
1982 | $423,812,709.03 | 3.84% |
1983 | $434,247,491.64 | 2.46% |
1984 | $446,220,735.79 | 2.76% |
1985 | $461,103,678.93 | 3.34% |
1986 | $480,869,565.22 | 4.29% |
1987 | $497,324,414.72 | 3.42% |
1988 | $506,588,628.76 | 1.86% |
1989 | $518,093,645.48 | 2.27% |
1990 | $527,826,086.96 | 1.88% |
1991 | $547,759,197.32 | 3.78% |
1992 | $561,772,575.25 | 2.56% |
1993 | $577,123,745.82 | 2.73% |
1994 | $598,193,979.93 | 3.65% |
1995 | $612,842,809.36 | 2.45% |
1996 | $624,648,829.43 | 1.93% |
1997 | $627,190,635.45 | 0.41% |
1998 | $623,645,484.95 | -0.57% |
1999 | $621,137,123.75 | -0.40% |
2000 | $620,668,896.32 | -0.08% |
2001 | $617,859,531.77 | -0.45% |
2002 | $608,695,652.17 | -1.48% |
2003 | $599,364,548.49 | -1.53% |
2004 | $595,919,732.44 | -0.57% |
2005 | $599,598,662.21 | 0.62% |
2006 | $598,193,979.93 | -0.23% |
2007 | $592,410,367.89 | -0.97% |
2008 | $583,450,836.12 | -1.51% |
2009 | $589,666,889.63 | 1.07% |
2010 | $600,023,745.82 | 1.76% |
2011 | $616,884,280.94 | 2.81% |
2012 | $627,095,986.62 | 1.66% |
2013 | $633,840,468.23 | 1.08% |
2014 | $635,977,591.97 | 0.34% |
2015 | $639,717,391.30 | 0.59% |
2016 | $640,684,949.83 | 0.15% |
2017 | $639,096,655.52 | -0.25% |
2018 | $636,029,096.99 | -0.48% |
2019 | $638,408,695.65 | 0.37% |
2020 | $641,740,133.78 | 0.52% |
2021 | $679,306,020.07 | 5.85% |
2022 | $749,913,712.37 | 10.39% |
2023 | $777,820,735.79 | 3.72% |
2024 | $775,991,304.35 | -0.24%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for New vehicles:
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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 20.300 | 20.400 | 20.800 | 21.800 | 21.300 | 21.400 | 23.000 | 23.000 | 23.000 | 23.000 | 23.000 | 23.000 | 34.500 | 37.580 | 41.000 | 41.220 | 43.360 | 46.940 | 47.254 | 46.508 | 44.877 | 46.138 | 48.546 | 50.108 | 52.246 | 51.569 | 51.562 | 51.362 | 51.054 | 50.908 | 49.792 | 48.892 | 49.346 | 50.692 | 51.515 | 53.131 | 55.277 | 54.792 | 54.808 | 57.985 | 62.985 | 66.969 | 70.523 | 75.900 | 81.923 | 88.469 | 93.869 | 97.477 | 99.877 | 102.631 | 106.054 | 110.600 | 114.385 | 116.515 | 119.162 | 121.400 | 125.985 | 129.208 | 132.738 | 137.585 | 140.954 | 143.669 | 144.254 | 143.438 | 142.862 | 142.754 | 142.108 | 140.000 | 137.854 | 137.062 | 137.908 | 137.585 | 136.254 | 134.194 | 135.623 | 138.005 | 141.883 | 144.232 | 145.783 | 146.275 | 147.135 | 147.358 | 146.992 | 146.287 | 146.834 | 147.600 | 156.240 | 172.480 | 178.899 | 178.478 |