Motor vehicle body work priced at $20 in 2006 $35.86 in 2023

Motor Vehicle Body Work Inflation Calculator


Prices for Motor Vehicle Body Work, 2006-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for motor vehicle body work are 79.32% higher in 2023 versus 2006 (a $15.86 difference in value).

Between 2006 and 2023: Motor vehicle body work experienced an average inflation rate of 3.49% per year. This rate of change indicates significant inflation. In other words, motor vehicle body work costing $20 in the year 2006 would cost $35.86 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.37% during this same period, inflation for motor vehicle body work was higher.

In the year 2006: Pricing changed by 4.53%, which is above the average yearly change for motor vehicle body work during the 2006-2023 time period. Compared to inflation for all items in 2006 (3.23%), inflation for motor vehicle body work was higher.

Price Inflation for Motor vehicle body work since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (12.62%), 2022 (12.53%), and 1979 (10.99%).

View price changes for other categories
Bananas · Frankfurters · Bread · Public transportation · More

Buying power of $20.00 since 2006

Below are calculations of equivalent buying power for Motor vehicle body work, over time, for $20 beginning in 2006. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust motor vehicle body work prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2006 * 2006 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Motor vehicle body work was 224.769 in the year 2006 and 403.056 in 2023:

403.056 / 224.769 * $20 = $35.86

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2006 has the same "purchasing power" as $35.86 in 2023 (in the CPI category of Motor vehicle body work).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Motor vehicle body work in 1977. In addition to motor vehicle body work, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.