According to the U.S. Bureau of Labor Statistics, prices for automobile service clubs are 0.83% higher in 2020 versus 2008 (a $0.17 difference in value).
Between 2008 and 2020: Automobile service clubs experienced an average inflation rate of 0.07% per year. In other words, automobile service clubs costing $20 in the year 2008 would cost $20.17 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.55% during this same period, inflation for automobile service clubs was lower.
In the year 2008: Pricing changed by 0.46%, which is above the average yearly change for automobile service clubs during the 2008-2020 time period. Compared to inflation for all items in 2008 (3.84%), inflation for automobile service clubs was much lower.
Below are calculations of equivalent buying power for Automobile service clubs, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
* 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 Automobile service clubs: