According to the U.S. Bureau of Labor Statistics, prices for new trucks are 79.97% higher in 2024 versus 1985 (a $19,993.60 difference in value).
Between 1985 and 2024: Trucks experienced an average inflation rate of 1.52% per year. In other words, trucks costing $25,000 in the year 1985 would cost $44,993.60 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation for trucks was lower.
In the year 1985: Pricing changed by 4.20%, which is above the average yearly change for trucks during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), inflation for trucks was higher.
Below are calculations of equivalent buying power for Trucks, over time, for $25,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1985 | $25,000.00 | 4.20% |
1986 | $26,096.94 | 4.39% |
1987 | $26,585.28 | 1.87% |
1988 | $26,893.22 | 1.16% |
1989 | $27,716.84 | 3.06% |
1990 | $28,795.55 | 3.89% |
1991 | $30,082.00 | 4.47% |
1992 | $31,011.30 | 3.09% |
1993 | $32,153.79 | 3.68% |
1994 | $33,560.50 | 4.37% |
1995 | $34,566.33 | 3.00% |
1996 | $35,417.27 | 2.46% |
1997 | $35,869.17 | 1.28% |
1998 | $35,781.71 | -0.24% |
1999 | $36,005.83 | 0.63% |
2000 | $35,923.83 | -0.23% |
2001 | $35,703.35 | -0.61% |
2002 | $35,003.64 | -1.96% |
2003 | $34,600.95 | -1.15% |
2004 | $34,347.67 | -0.73% |
2005 | $34,418.73 | 0.21% |
2006 | $33,846.57 | -1.66% |
2007 | $33,332.47 | -1.52% |
2008 | $32,480.32 | -2.56% |
2009 | $32,888.45 | 1.26% |
2010 | $33,801.71 | 2.78% |
2011 | $34,714.14 | 2.70% |
2012 | $35,388.17 | 1.94% |
2013 | $35,969.88 | 1.64% |
2014 | $36,375.97 | 1.13% |
2015 | $36,820.99 | 1.22% |
2016 | $37,056.63 | 0.64% |
2017 | $37,089.32 | 0.09% |
2018 | $36,902.37 | -0.50% |
2019 | $37,014.25 | 0.30% |
2020 | $37,217.04 | 0.55% |
2021 | $39,485.06 | 6.09% |
2022 | $43,504.70 | 10.18% |
2023 | $45,193.48 | 3.88% |
2024 | $44,993.60 | -0.44%* |
* 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 trucks:
Year | 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 | 100.000 | 101.285 | 105.538 | 110.169 | 112.231 | 113.531 | 117.008 | 121.562 | 126.992 | 130.915 | 135.738 | 141.677 | 145.923 | 149.515 | 151.423 | 151.054 | 152.000 | 151.654 | 150.723 | 147.769 | 146.069 | 145.000 | 145.300 | 142.885 | 140.714 | 137.117 | 138.840 | 142.695 | 146.547 | 149.393 | 151.848 | 153.563 | 155.441 | 156.436 | 156.574 | 155.785 | 156.257 | 157.113 | 166.688 | 183.657 | 190.786 | 189.942 |