Vehicle parts and equipment other than tires priced at $20 in 2018 $20.36 in 2019

Vehicle Parts And Equipment Other Than Tires Inflation Calculator

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Prices for Vehicle Parts And Equipment Other Than Tires, 2018-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for vehicle parts and equipment other than tires were 1.79% higher in 2019 versus 2018 (a $0.36 difference in value).

Between 2018 and 2019: Vehicle parts and equipment other than tires experienced an average inflation rate of 1.79% per year. In other words, vehicle parts and equipment other than tires costing $20 in the year 2018 would cost $20.36 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for vehicle parts and equipment other than tires was higher.

Price Inflation for Vehicle parts and equipment other than tires since 2018

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: and 2019 (1.79%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Vehicle parts and equipment other than tires:

Year 2018 2019
CPI 162.193 165.099

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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Vehicle parts and equipment other than tires, over time, for $20 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
2018 $20.00 -
2019 $20.36 1.79%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for vehicle parts and equipment other than tires, 2018-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2018 * 2018 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Vehicle parts and equipment other than tires was 162.193 in the year 2018 and 165.099 in 2019:

165.099 / 162.193 * $20 = $20.36

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $20.36 in 2019 (in the CPI category of Vehicle parts and equipment other than tires).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Vehicle parts and equipment other than tires in 2018. In addition to vehicle parts and equipment other than tires, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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