According to the U.S. Bureau of Labor Statistics, prices for motor vehicle body work were 32.63% higher in 2021 versus 2010 (a $6.53 difference in value).
Between 2010 and 2021: Motor vehicle body work experienced an average inflation rate of 2.60% per year. This rate of change indicates significant inflation. In other words, motor vehicle body work costing $20 in the year 2010 would cost $26.53 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.89% during this same period, inflation for motor vehicle body work was higher.
In the year 2010: Pricing changed by 2.35%, which is below the average yearly change for motor vehicle body work during the 2010-2021 time period. Compared to inflation for all items in 2010 (1.64%), inflation for motor vehicle body work was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor vehicle body work:
Below are calculations of equivalent buying power for Motor vehicle body work, over time, for $20 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|