Car servicing priced at $500 in 2013 $684.79 in 2023

Car Servicing Inflation Calculator


Prices for Car Servicing, 2013-2023 ($500)

According to the U.S. Bureau of Labor Statistics, prices for motor vehicle maintenance and servicing are 36.96% higher in 2023 versus 2013 (a $184.79 difference in value).

Between 2013 and 2023: Car servicing experienced an average inflation rate of 3.19% per year. This rate of change indicates significant inflation. In other words, car servicing costing $500 in the year 2013 would cost $684.79 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.61% during this same period, inflation for car servicing was higher.

In the year 2013: Pricing changed by 1.57%, which is below the average yearly change for car servicing during the 2013-2023 time period. Compared to inflation for all items in 2013 (1.46%), inflation for car servicing was higher.

Price Inflation for Motor vehicle maintenance and servicing since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (10.06%), 1979 (10.01%), and 1981 (8.43%).

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Buying power of $500.00 since 2013

Below are calculations of equivalent buying power for Car servicing, over time, for $500 beginning in 2013. 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 maintenance and servicing:


Adjust car servicing prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2013 * 2013 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Motor vehicle maintenance and servicing was 236.922 in the year 2013 and 324.482 in 2023:

324.482 / 236.922 * $500 = $684.79

Therefore, according to U.S. Bureau of Labor Statistics, $500 in 2013 has the same "purchasing power" as $684.79 in 2023 (in the CPI category of Motor vehicle maintenance and servicing).

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

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