Leased cars and trucks priced at $20 in 2018 $19.15 in 2020

Leased Cars And Trucks Inflation Calculator


Prices for Leased Cars And Trucks, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for leased cars and trucks were 4.27% lower in 2020 versus 2018 (a $0.85 difference in value).

Between 2018 and 2020: Leased cars and trucks experienced an average inflation rate of -2.16% per year. This rate of change indicates significant deflation. In other words, leased cars and trucks costing $20 in the year 2018 would cost $19.15 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for leased cars and trucks was significantly lower.

Price Inflation for Leased cars and trucks since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2019 (-2.50%), and 2020 (-1.81%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Leased cars and trucks:

Year 2018 2019 2020
CPI 89.174 86.947 85.369

View price changes for other categories
New cars · Indoor plants and flowers · Housing · Rent of primary residence · More

Buying power of $20 since 2018

Below are calculations of equivalent buying power for Leased cars and trucks, 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 $19.50 -2.50%
2020 $19.15 -1.81%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for leased cars and trucks, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Leased cars and trucks was 89.174 in the year 2018 and 85.369 in 2020:

85.369 / 89.174 * $20 = $19.15

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $19.15 in 2020 (in the CPI category of Leased cars and trucks).

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

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