According to the U.S. Bureau of Labor Statistics, prices for car and truck rental were 48.39% higher in 2021 versus 2020 (a $0.48 difference in value).
Between 2020 and 2021, Car and truck rental experienced an average inflation rate of 48.39% per year. This rate of change indicates significant inflation. In other words, car and truck rental costing $1 in the year 2020 would cost $1.48 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 4.70% during this same period, inflation for car and truck rental was significantly higher.
In the year 2020: Pricing changed by 0.66%, which is significantly below the average yearly change for car and truck rental during the 2020-2021 time period. Compared to inflation for all items in 2020 (1.23%), inflation for car and truck rental was lower.
The official rate is based on an average household's spending, so your own inflation rate is probably different. The personal inflation calculator works it out from your budget.
Below are calculations of equivalent buying power for Car and truck rental, over time, for $1 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $1.00 | 0.66% |
| 2021 | $1.48 | 48.39% |
| 2022 | $1.51 | 1.72% |
| 2023 | $1.38 | -8.42% |
| 2024 | $1.27 | -8.40% |
| 2025 | $1.23 | -3.00% |
| 2026 | $1.25 | 2.01%* |
* 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 Car and truck rental:
| Year | 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 | 2025 | 2026 |
| CPI | 100.000 | 101.792 | 104.625 | 107.692 | 103.533 | 109.275 | 108.108 | 105.108 | 106.658 | 110.400 | 113.686 | 117.686 | 127.556 | 123.783 | 123.892 | 123.567 | 125.769 | 127.894 | 127.791 | 131.125 | 128.306 | 126.721 | 127.472 | 128.311 | 190.396 | 193.675 | 177.370 | 162.474 | 157.597 | 160.769 |