According to the U.S. Bureau of Labor Statistics, prices for motor vehicle body work are 555% higher in 2024 versus 1978 (a $111 difference in value).
Between 1978 and 2024: Motor vehicle body work experienced an average inflation rate of 4.17% per year. This rate of change indicates significant inflation. In other words, motor vehicle body work costing $20 in the year 1978 would cost $131 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation for motor vehicle body work was higher.
In the year 1978: Pricing changed by 5.01%, which is above the average yearly change for motor vehicle body work during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), inflation for motor vehicle body work was lower.
Below are calculations of equivalent buying power for Motor vehicle body work, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1978 | $20.00 | 5.01% |
| 1979 | $22.20 | 10.99% |
| 1980 | $25.00 | 12.62% |
| 1981 | $27.40 | 9.58% |
| 1982 | $29.89 | 9.10% |
| 1983 | $31.64 | 5.84% |
| 1984 | $32.93 | 4.08% |
| 1985 | $34.24 | 3.99% |
| 1986 | $35.29 | 3.08% |
| 1987 | $36.90 | 4.56% |
| 1988 | $38.84 | 5.25% |
| 1989 | $41.09 | 5.80% |
| 1990 | $42.78 | 4.10% |
| 1991 | $44.16 | 3.23% |
| 1992 | $45.28 | 2.53% |
| 1993 | $46.56 | 2.82% |
| 1994 | $48.34 | 3.83% |
| 1995 | $50.02 | 3.48% |
| 1996 | $52.27 | 4.49% |
| 1997 | $54.42 | 4.12% |
| 1998 | $56.50 | 3.82% |
| 1999 | $57.36 | 1.53% |
| 2000 | $59.12 | 3.06% |
| 2001 | $61.34 | 3.76% |
| 2002 | $62.84 | 2.44% |
| 2003 | $63.89 | 1.67% |
| 2004 | $65.56 | 2.61% |
| 2005 | $67.69 | 3.26% |
| 2006 | $70.76 | 4.53% |
| 2007 | $73.11 | 3.32% |
| 2008 | $75.47 | 3.23% |
| 2009 | $78.24 | 3.68% |
| 2010 | $80.09 | 2.35% |
| 2011 | $81.83 | 2.17% |
| 2012 | $83.41 | 1.93% |
| 2013 | $85.31 | 2.28% |
| 2014 | $87.50 | 2.58% |
| 2015 | $88.40 | 1.02% |
| 2016 | $90.53 | 2.42% |
| 2017 | $92.70 | 2.39% |
| 2018 | $95.30 | 2.81% |
| 2019 | $98.68 | 3.55% |
| 2020 | $102.21 | 3.58% |
| 2021 | $107.97 | 5.63% |
| 2022 | $121.50 | 12.53% |
| 2023 | $129.49 | 6.58% |
| 2024 | $131.00 | 1.16%* |
* 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 Motor vehicle body work:
| Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 |
| CPI | 60.500 | 63.531 | 70.515 | 79.415 | 87.023 | 94.946 | 100.492 | 104.592 | 108.762 | 112.115 | 117.223 | 123.377 | 130.538 | 135.892 | 140.285 | 143.831 | 147.892 | 153.562 | 158.900 | 166.031 | 172.869 | 179.469 | 182.208 | 187.785 | 194.854 | 199.600 | 202.938 | 208.238 | 215.031 | 224.769 | 232.233 | 239.732 | 248.548 | 254.398 | 259.930 | 264.941 | 270.976 | 277.958 | 280.793 | 287.580 | 294.463 | 302.730 | 313.465 | 324.686 | 342.961 | 385.940 | 411.339 | 416.127 |