Car and truck rental priced at $20 in 2005 $36.28 in 2022

Car And Truck Rental Inflation Calculator

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Prices for Car And Truck Rental, 2005-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for car and truck rental are 81.40% higher in 2022 versus 2005 (a $16.28 difference in value).

Between 2005 and 2022: Car and truck rental experienced an average inflation rate of 3.57% per year. This rate of change indicates significant inflation. In other words, car and truck rental costing $20 in the year 2005 would cost $36.28 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.32% during this same period, inflation for car and truck rental was higher.

In the year 2005: Pricing changed by 1.48%, which is below the average yearly change for car and truck rental during the 2005-2022 time period. Compared to inflation for all items in 2005 (3.39%), inflation for car and truck rental was lower.

Price Inflation for Car and truck rental since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2021 (48.39%), 2009 (8.39%), and 2002 (5.55%).

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Buying power of $20.00 since 2005

Below are calculations of equivalent buying power for Car and truck rental, over time, for $20 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2005$20.001.48%
2006$20.703.50%
2007$21.322.98%
2008$22.073.52%
2009$23.928.39%
2010$23.21-2.96%
2011$23.230.09%
2012$23.17-0.26%
2013$23.581.78%
2014$23.981.69%
2015$23.96-0.08%
2016$24.592.61%
2017$24.06-2.15%
2018$23.76-1.24%
2019$23.900.59%
2020$24.060.66%
2021$35.7048.39%
2022$36.281.62%*
* Not final. See inflation summary for latest details.

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

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000101.792104.623107.692103.531109.277108.108105.108106.662110.400113.686117.686127.556123.783123.892123.567125.769127.894127.791131.125128.306126.722127.472128.311190.396193.480

Adjust car and truck rental prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2005 * 2005 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Car and truck rental was 106.662 in the year 2005 and 193.480 in 2022:

193.480 / 106.662 * $20 = $36.28

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2005 has the same "purchasing power" as $36.28 in 2022 (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 1997. 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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