According to the U.S. Bureau of Labor Statistics, prices for motor vehicle body work are 108.48% higher in 2024 versus 2002 (a $21.70 difference in value).
Between 2002 and 2024: Motor vehicle body work experienced an average inflation rate of 3.40% per year. This rate of change indicates significant inflation. In other words, motor vehicle body work costing $20 in the year 2002 would cost $41.70 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for motor vehicle body work was higher.
In the year 2002: Pricing changed by 2.44%, which is below the average yearly change for motor vehicle body work during the 2002-2024 time period. Compared to inflation for all items in 2002 (1.59%), 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 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2002 | $20.00 | 2.44% |
| 2003 | $20.33 | 1.67% |
| 2004 | $20.87 | 2.61% |
| 2005 | $21.55 | 3.26% |
| 2006 | $22.52 | 4.53% |
| 2007 | $23.27 | 3.32% |
| 2008 | $24.02 | 3.23% |
| 2009 | $24.90 | 3.68% |
| 2010 | $25.49 | 2.35% |
| 2011 | $26.05 | 2.17% |
| 2012 | $26.55 | 1.93% |
| 2013 | $27.15 | 2.28% |
| 2014 | $27.85 | 2.58% |
| 2015 | $28.14 | 1.02% |
| 2016 | $28.82 | 2.42% |
| 2017 | $29.51 | 2.39% |
| 2018 | $30.33 | 2.81% |
| 2019 | $31.41 | 3.55% |
| 2020 | $32.53 | 3.58% |
| 2021 | $34.36 | 5.63% |
| 2022 | $38.67 | 12.53% |
| 2023 | $41.22 | 6.58% |
| 2024 | $41.70 | 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 |