Motor vehicle fees priced at $100 in 2016 $107.15 in 2020

Motor Vehicle Fees Inflation Calculator

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Prices for Motor Vehicle Fees, 2016-2020 ($100)

According to the U.S. Bureau of Labor Statistics, prices for motor vehicle fees were 7.15% higher in 2020 versus 2016 (a $7.15 difference in value).

Between 2016 and 2020: Motor vehicle fees experienced an average inflation rate of 1.74% per year. In other words, motor vehicle fees costing $100 in the year 2016 would cost $107.15 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.78% during this same period, inflation for motor vehicle fees was lower.

In the year 2016: Pricing changed by 2.06%, which is above the average yearly change for motor vehicle fees during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for motor vehicle fees was higher.

Price Inflation for Motor vehicle fees since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2004 (12.48%), 2009 (6.76%), and 2010 (6.30%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor vehicle fees:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 100.000 102.469 103.777 107.331 109.300 112.523 116.462 131.000 134.700 138.754 141.198 145.830 155.694 165.505 167.301 172.062 174.789 176.452 178.895 182.581 185.023 188.673 192.862 195.627

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Buying power of $100 since 2016

Below are calculations of equivalent buying power for Motor vehicle fees, over time, for $100 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2016 $100.00 2.06%
2017 $101.34 1.34%
2018 $103.34 1.97%
2019 $105.63 2.22%
2020 $107.15 1.43%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for motor vehicle fees, 2016-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2016 * 2016 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Motor vehicle fees was 182.581 in the year 2016 and 195.627 in 2020:

195.627 / 182.581 * $100 = $107.15

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2016 has the same "purchasing power" as $107.15 in 2020 (in the CPI category of Motor vehicle fees).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Motor vehicle fees in 1997. In addition to motor vehicle fees, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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