According to the U.S. Bureau of Labor Statistics, prices for automobile service clubs are 2.45% lower in 2020 versus 2016 (a $0.49 difference in value).
Between 2016 and 2020: Automobile service clubs experienced an average inflation rate of -0.62% per year. In other words, automobile service clubs costing $20 in the year 2016 would cost $19.51 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for automobile service clubs was lower.
In the year 2016: Pricing changed by -1.91%, which is below the average yearly change for automobile service clubs during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), 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 2016. 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: