Car and truck rental priced at $20 in 2018 $19.09 in 2019

Car And Truck Rental Inflation Calculator

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Prices for Car And Truck Rental, 2018-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for car and truck rental were 4.54% lower in 2019 versus 2018 (a $0.91 difference in value).

Between 2018 and 2019: Car and truck rental experienced an average inflation rate of -4.54% per year. This rate of change indicates significant deflation. In other words, car and truck rental costing $20 in the year 2018 would cost $19.09 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for car and truck rental was significantly lower.

Price Inflation for Car and truck rental since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: and 2019 (-4.54%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Car and truck rental:

Year 2018 2019
CPI 126.722 120.968

View price changes for other categories
Parking fees and tolls · Dental services · Fresh fruits · Gasoline (all types) · More

Buying power of $20 since 2018

Below are calculations of equivalent buying power for Car and truck rental, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2018 $20.00 -
2019 $19.09 -4.54%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for car and truck rental, 2018-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2018 * 2018 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Car and truck rental was 126.722 in the year 2018 and 120.968 in 2019:

120.968 / 126.722 * $20 = $19.09

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $19.09 in 2019 (in the CPI category of Car and truck rental).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Car and truck rental in 2018. In addition to car and truck rental, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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