State motor vehicle registration and license fees priced at $20 in 2021→$22.38 in 2026

State Motor Vehicle Registration And License Fees Inflation Calculator

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Prices for State Motor Vehicle Registration And License Fees, 2021-2026 ($20)

According to the U.S. Bureau of Labor Statistics, prices for state motor vehicle registration and license fees are 11.91% higher in 2026 versus 2021 (a $2.38 difference in value).

Between 2021 and 2026, State motor vehicle registration and license fees experienced an average inflation rate of 2.28% per year. This rate of change indicates significant inflation. In other words, state motor vehicle registration and license fees costing $20 in the year 2021 would cost $22.38 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 4.16% during this same period, inflation for state motor vehicle registration and license fees was lower.

In the year 2021: Pricing changed by 0.65%, which is below the average yearly change for state motor vehicle registration and license fees during the 2021-2026 time period. Compared to inflation for all items in 2021 (4.70%), inflation for state motor vehicle registration and license fees was much lower.

Price Inflation for State motor vehicle registration and license fees since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2004 (16.51%), 2010 (8.44%), and 2009 (7.16%).

The official rate is based on an average household's spending, so your own inflation rate is probably different. The personal inflation calculator works it out from your budget.

View price changes for other categories
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Buying power of $20.00 since 2021

Below are calculations of equivalent buying power for State motor vehicle registration and license fees, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2021$20.000.65%
2022$20.291.47%
2023$20.842.68%
2024$21.221.85%
2025$21.551.56%
2026$22.383.84%*

* 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 State motor vehicle registration and license fees:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI100.000101.083101.792105.067105.617108.450112.725131.333133.183137.325138.785141.931152.088164.926165.856166.691167.819168.285169.527173.000175.848178.376180.804185.058186.268189.011194.071197.652200.739208.449

Adjust state motor vehicle registration and license fees prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 2021* 2021 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for State motor vehicle registration and license fees was 186.268 in the year 2021 and 208.449 in 2026:

208.449 / 186.268* $20 = $22.38

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $22.38 in 2026 (in the CPI category of State motor vehicle registration and license fees).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for State motor vehicle registration and license fees in 1997. In addition to state motor vehicle registration and license fees, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.