According to the U.S. Bureau of Labor Statistics, prices for motor vehicle body work are 150.63% higher in 2024 versus 1996 (a $30.13 difference in value).
Between 1996 and 2024: Motor vehicle body work experienced an average inflation rate of 3.34% per year. This rate of change indicates significant inflation. In other words, motor vehicle body work costing $20 in the year 1996 would cost $50.13 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for motor vehicle body work was higher.
In the year 1996: Pricing changed by 4.49%, which is above the average yearly change for motor vehicle body work during the 1996-2024 time period. Compared to inflation for all items in 1996 (2.93%), inflation for motor vehicle body work was higher.
Below are calculations of equivalent buying power for Motor vehicle body work, over time, for $20 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1996 | $20.00 | 4.49% |
| 1997 | $20.82 | 4.12% |
| 1998 | $21.62 | 3.82% |
| 1999 | $21.95 | 1.53% |
| 2000 | $22.62 | 3.06% |
| 2001 | $23.47 | 3.76% |
| 2002 | $24.04 | 2.44% |
| 2003 | $24.45 | 1.67% |
| 2004 | $25.08 | 2.61% |
| 2005 | $25.90 | 3.26% |
| 2006 | $27.08 | 4.53% |
| 2007 | $27.97 | 3.32% |
| 2008 | $28.88 | 3.23% |
| 2009 | $29.94 | 3.68% |
| 2010 | $30.64 | 2.35% |
| 2011 | $31.31 | 2.17% |
| 2012 | $31.91 | 1.93% |
| 2013 | $32.64 | 2.28% |
| 2014 | $33.48 | 2.58% |
| 2015 | $33.82 | 1.02% |
| 2016 | $34.64 | 2.42% |
| 2017 | $35.47 | 2.39% |
| 2018 | $36.47 | 2.81% |
| 2019 | $37.76 | 3.55% |
| 2020 | $39.11 | 3.58% |
| 2021 | $41.31 | 5.63% |
| 2022 | $46.49 | 12.53% |
| 2023 | $49.55 | 6.58% |
| 2024 | $50.13 | 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 |