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.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Moving, storage, freight expense:
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:
|Year||USD Value||Inflation Rate|