According to the U.S. Bureau of Labor Statistics, prices for moving, storage, freight expense are 96.27% higher in 2024 versus 1998 (a $192.54 difference in value).
Between 1998 and 2024: Moving expenses experienced an average inflation rate of 2.63% per year. This rate of change indicates significant inflation. In other words, moving expenses costing $200 in the year 1998 would cost $392.54 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for moving expenses was higher.
In the year 1998: Pricing changed by 2.18%, which is below the average yearly change for moving expenses during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for moving expenses was higher.
Below are calculations of equivalent buying power for Moving expenses, over time, for $200 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $200.00 | 2.18% |
| 1999 | $205.63 | 2.82% |
| 2000 | $213.67 | 3.91% |
| 2001 | $222.54 | 4.15% |
| 2002 | $228.17 | 2.53% |
| 2003 | $233.43 | 2.30% |
| 2004 | $236.56 | 1.34% |
| 2005 | $247.35 | 4.56% |
| 2006 | $253.48 | 2.48% |
| 2007 | $253.23 | -0.10% |
| 2008 | $254.20 | 0.38% |
| 2009 | $247.41 | -2.67% |
| 2010 | $244.48 | -1.19% |
| 2011 | $243.71 | -0.31% |
| 2012 | $251.44 | 3.17% |
| 2013 | $254.70 | 1.30% |
| 2014 | $259.54 | 1.90% |
| 2015 | $276.05 | 6.36% |
| 2016 | $303.96 | 10.11% |
| 2017 | $307.27 | 1.09% |
| 2018 | $325.41 | 5.90% |
| 2019 | $339.69 | 4.39% |
| 2020 | $345.44 | 1.69% |
| 2021 | $379.63 | 9.90% |
| 2022 | $396.45 | 4.43% |
| 2023 | $391.93 | -1.14% |
| 2024 | $392.54 | 0.16%* |
* 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 Moving, storage, freight expense:
| 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 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 102.177 | 105.054 | 109.162 | 113.692 | 116.569 | 119.254 | 120.854 | 126.369 | 129.500 | 129.372 | 129.866 | 126.399 | 124.900 | 124.509 | 128.457 | 130.121 | 132.595 | 141.028 | 155.287 | 156.980 | 166.249 | 173.543 | 176.478 | 193.947 | 202.541 | 200.231 | 200.545 |