According to the U.S. Bureau of Labor Statistics, prices for vehicle accessories other than tires are 32.20% higher in 2024 versus 2016 (a $6.44 difference in value).
Between 2016 and 2024: Vehicle accessories other than tires experienced an average inflation rate of 3.55% per year. This rate of change indicates significant inflation. In other words, vehicle accessories other than tires costing $20 in the year 2016 would cost $26.44 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for vehicle accessories other than tires was higher.
In the year 2016: Pricing changed by 0.18%, which is significantly below the average yearly change for vehicle accessories other than tires during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for vehicle accessories other than tires was lower.
Below are calculations of equivalent buying power for Vehicle accessories other than tires, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2016 | $20.00 | 0.18% |
2017 | $20.16 | 0.78% |
2018 | $20.64 | 2.41% |
2019 | $21.11 | 2.24% |
2020 | $21.67 | 2.67% |
2021 | $22.38 | 3.27% |
2022 | $25.23 | 12.75% |
2023 | $26.32 | 4.31% |
2024 | $26.44 | 0.45%* |
* 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 Vehicle accessories other than tires:
Year | 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 | 99.662 | 99.492 | 101.592 | 105.008 | 107.915 | 110.131 | 111.992 | 115.877 | 123.177 | 128.856 | 138.876 | 145.962 | 149.124 | 154.642 | 159.108 | 162.159 | 164.357 | 166.066 | 166.373 | 167.676 | 171.717 | 175.566 | 180.262 | 186.165 | 209.909 | 218.957 | 219.950 |