According to the U.S. Bureau of Labor Statistics, prices for new cars are 268.10% higher in 2024 versus 1952 (a $40,215.51 difference in value).
Between 1952 and 2024: Cars experienced an average inflation rate of 1.83% per year. In other words, cars costing $15,000 in the year 1952 would cost $55,215.51 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.49% during this same period, inflation for cars was lower.
In the year 1952: Pricing changed by 8.26%, which is significantly above the average yearly change for cars during the 1952-2024 time period. Compared to inflation for all items in 1952 (2.25%), inflation for cars was much higher.
Below are calculations of equivalent buying power for Cars, over time, for $15,000 beginning in 1952. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1952 | $15,000.00 | 8.26% |
1953 | $15,093.49 | 0.62% |
1954 | $14,857.31 | -1.56% |
1955 | $14,335.74 | -3.51% |
1956 | $14,731.84 | 2.76% |
1957 | $15,501.89 | 5.23% |
1958 | $16,001.31 | 3.22% |
1959 | $16,692.64 | 4.32% |
1960 | $16,473.68 | -1.31% |
1961 | $16,471.22 | -0.01% |
1962 | $16,409.71 | -0.37% |
1963 | $16,306.38 | -0.63% |
1964 | $16,271.94 | -0.21% |
1965 | $15,902.90 | -2.27% |
1966 | $15,610.14 | -1.84% |
1967 | $15,755.29 | 0.93% |
1968 | $16,200.59 | 2.83% |
1969 | $16,461.37 | 1.61% |
1970 | $16,960.80 | 3.03% |
1971 | $17,657.04 | 4.11% |
1972 | $17,504.51 | -0.86% |
1973 | $17,514.35 | 0.06% |
1974 | $18,527.96 | 5.79% |
1975 | $20,117.27 | 8.58% |
1976 | $21,391.67 | 6.33% |
1977 | $22,523.37 | 5.29% |
1978 | $24,245.53 | 7.65% |
1979 | $26,169.43 | 7.94% |
1980 | $28,263.08 | 8.00% |
1981 | $29,985.24 | 6.09% |
1982 | $31,139.08 | 3.85% |
1983 | $31,943.58 | 2.58% |
1984 | $32,863.70 | 2.88% |
1985 | $33,916.68 | 3.20% |
1986 | $35,378.05 | 4.31% |
1987 | $36,645.07 | 3.58% |
1988 | $37,373.30 | 1.99% |
1989 | $38,135.97 | 2.04% |
1990 | $38,689.52 | 1.45% |
1991 | $40,082.01 | 3.60% |
1992 | $41,053.80 | 2.42% |
1993 | $42,055.11 | 2.44% |
1994 | $43,491.88 | 3.42% |
1995 | $44,461.21 | 2.23% |
1996 | $45,233.72 | 1.74% |
1997 | $45,312.45 | 0.17% |
1998 | $45,000.00 | -0.69% |
1999 | $44,633.43 | -0.81% |
2000 | $44,633.43 | 0.00% ** |
2001 | $44,431.69 | -0.45% |
2002 | $43,907.66 | -1.18% |
2003 | $43,076.10 | -1.89% |
2004 | $42,837.46 | -0.55% |
2005 | $43,248.32 | 0.96% |
2006 | $43,632.11 | 0.89% |
2007 | $43,453.62 | -0.41% |
2008 | $43,305.13 | -0.34% |
2009 | $43,715.74 | 0.95% |
2010 | $44,166.62 | 1.03% |
2011 | $45,488.06 | 2.99% |
2012 | $46,112.32 | 1.37% |
2013 | $46,350.76 | 0.52% |
2014 | $46,205.44 | -0.31% |
2015 | $46,181.94 | -0.05% |
2016 | $45,956.36 | -0.49% |
2017 | $45,626.57 | -0.72% |
2018 | $45,405.52 | -0.48% |
2019 | $45,671.69 | 0.59% |
2020 | $46,041.09 | 0.81% |
2021 | $48,600.49 | 5.56% |
2022 | $53,981.89 | 11.07% |
2023 | $55,847.93 | 3.46% |
2024 | $55,215.51 | -1.13%* |
* 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 New cars:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 20.300 | 20.400 | 20.800 | 21.800 | 21.300 | 21.300 | 23.000 | 23.000 | 23.000 | 23.000 | 23.000 | 23.000 | 34.450 | 37.540 | 40.900 | 41.120 | 43.320 | 46.900 | 47.192 | 46.454 | 44.823 | 46.062 | 48.469 | 50.031 | 52.192 | 51.508 | 51.500 | 51.308 | 50.985 | 50.877 | 49.723 | 48.808 | 49.262 | 50.654 | 51.469 | 53.031 | 55.208 | 54.731 | 54.762 | 57.931 | 62.900 | 66.885 | 70.423 | 75.808 | 81.823 | 88.369 | 93.754 | 97.362 | 99.877 | 102.754 | 106.046 | 110.615 | 114.577 | 116.854 | 119.238 | 120.969 | 125.323 | 128.362 | 131.492 | 135.985 | 139.015 | 141.431 | 141.677 | 140.700 | 139.554 | 139.554 | 138.923 | 137.285 | 134.685 | 133.938 | 135.223 | 136.423 | 135.865 | 135.401 | 136.685 | 138.094 | 142.226 | 144.178 | 144.923 | 144.469 | 144.396 | 143.690 | 142.659 | 141.968 | 142.800 | 143.955 | 151.958 | 168.783 | 174.618 | 172.641 |