According to the U.S. Bureau of Labor Statistics, prices for new cars were 191.77% higher in 2021 versus 1964 (a $28,765.88 difference in value).
Between 1964 and 2021: Cars experienced an average inflation rate of 1.90% per year. In other words, cars costing $15,000 in the year 1964 would cost $43,765.88 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.86% during this same period, inflation for cars was lower.
In the year 1964: Pricing changed by -0.21%, which is below the average yearly change for cars during the 1964-2021 time period. Compared to inflation for all items in 1964 (1.28%), inflation for cars was lower.
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 |
| 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 | 148.445 |
Below are calculations of equivalent buying power for Cars, over time, for $15000 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1964 | $15,000.00 | -0.21% |
| 1965 | $14,659.81 | -2.27% |
| 1966 | $14,389.93 | -1.84% |
| 1967 | $14,523.74 | 0.93% |
| 1968 | $14,934.23 | 2.83% |
| 1969 | $15,174.63 | 1.61% |
| 1970 | $15,635.02 | 3.03% |
| 1971 | $16,276.84 | 4.11% |
| 1972 | $16,136.23 | -0.86% |
| 1973 | $16,145.30 | 0.06% |
| 1974 | $17,079.68 | 5.79% |
| 1975 | $18,544.75 | 8.58% |
| 1976 | $19,719.53 | 6.33% |
| 1977 | $20,762.78 | 5.29% |
| 1978 | $22,350.32 | 7.65% |
| 1979 | $24,123.83 | 7.94% |
| 1980 | $26,053.83 | 8.00% |
| 1981 | $27,641.37 | 6.09% |
| 1982 | $28,705.02 | 3.85% |
| 1983 | $29,446.63 | 2.58% |
| 1984 | $30,294.83 | 2.88% |
| 1985 | $31,265.50 | 3.20% |
| 1986 | $32,612.64 | 4.31% |
| 1987 | $33,780.62 | 3.58% |
| 1988 | $34,451.92 | 1.99% |
| 1989 | $35,154.97 | 2.04% |
| 1990 | $35,665.26 | 1.45% |
| 1991 | $36,948.90 | 3.60% |
| 1992 | $37,844.72 | 2.42% |
| 1993 | $38,767.77 | 2.44% |
| 1994 | $40,092.23 | 3.42% |
| 1995 | $40,985.79 | 2.23% |
| 1996 | $41,697.91 | 1.74% |
| 1997 | $41,770.49 | 0.17% |
| 1998 | $41,482.46 | -0.69% |
| 1999 | $41,144.54 | -0.81% |
| 2000 | $41,144.54 | 0.00% |
| 2001 | $40,958.57 | -0.45% |
| 2002 | $40,475.51 | -1.18% |
| 2003 | $39,708.95 | -1.89% |
| 2004 | $39,488.96 | -0.55% |
| 2005 | $39,867.70 | 0.96% |
| 2006 | $40,221.50 | 0.89% |
| 2007 | $40,056.96 | -0.41% |
| 2008 | $39,920.07 | -0.34% |
| 2009 | $40,298.59 | 0.95% |
| 2010 | $40,714.23 | 1.03% |
| 2011 | $41,932.37 | 2.99% |
| 2012 | $42,507.83 | 1.37% |
| 2013 | $42,727.64 | 0.52% |
| 2014 | $42,593.67 | -0.31% |
| 2015 | $42,572.01 | -0.05% |
| 2016 | $42,364.07 | -0.49% |
| 2017 | $42,060.05 | -0.72% |
| 2018 | $41,856.28 | -0.48% |
| 2019 | $42,101.65 | 0.59% |
| 2020 | $42,442.18 | 0.81% |
| 2021 | $43,765.88 | 3.12%* |