##
Prices for Moving Expenses, 2018-2020 ($200)

According to the U.S. Bureau of Labor Statistics, prices for moving, storage, freight expense were
3.80% higher
in 2020 versus 2018 (a $7.60 difference in value).

**Between 2018 and 2020:** Moving expenses experienced an average inflation rate of 1.88% per year.
In other words, moving expenses costing $200 in the year 2018 would cost $207.60 in 2020 for an equivalent purchase.
Compared to the overall inflation rate of 1.37% during this same period, inflation for moving expenses was
higher.

####
Price Inflation for Moving, storage, freight expense since 2018

#####
Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing:
2019 *(4.39%)*,
and 2020 *(-0.56%)*.

## Buying power of $200 since 2018

Below are calculations of equivalent buying power for Moving expenses, over time, for $200 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

## How to calculate the inflation rate for moving expenses, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value
Then plug in historical CPI values from above. The CPI for

Moving, storage, freight expense was 166.249 in the year 2018 and 172.569 in 2020:

172.569 / 166.249 * $200 = **$207.60**
Therefore, according to U.S. Bureau of Labor Statistics, $200 in 2018 has the same "purchasing power" as $207.60 in 2020 (in the CPI category of

Moving, storage, freight expense).

**Source:** U.S. Bureau of Labor Statistics began tracking the

Consumer Price Index for Moving, storage, freight expense in 2018. In addition to moving expenses, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.