According to the U.S. Bureau of Labor Statistics, prices for new vehicles were 0.83% higher in 2019 versus 2018 (a $0.01 difference in value).
Between 2018 and 2019: Vehicles experienced an average inflation rate of 0.83% per year. In other words, vehicles costing $1 in the year 2018 would cost $1.01 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.32% during this same period, inflation for vehicles was lower.
In the year 2018: Pricing changed by -0.48%, which is below the average yearly change for vehicles during the 2018-2019 time period. Compared to inflation for all items in 2018 (2.44%), inflation for vehicles was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for New vehicles:
Below are calculations of equivalent buying power for Vehicles, over time, for $1 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|