Vehicle parts and equipment other than tires priced at $20 in 1979 $47.44 in 2024

Vehicle Parts And Equipment Other Than Tires Inflation Calculator

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Prices for Vehicle Parts And Equipment Other Than Tires, 1979-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for vehicle parts and equipment other than tires are 137.19% higher in 2024 versus 1979 (a $27.44 difference in value).

Between 1979 and 2024: Vehicle parts and equipment other than tires experienced an average inflation rate of 1.94% per year. In other words, vehicle parts and equipment other than tires costing $20 in the year 1979 would cost $47.44 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.30% during this same period, inflation for vehicle parts and equipment other than tires was lower.

In the year 1979: Pricing changed by 11.58%, which is significantly above the average yearly change for vehicle parts and equipment other than tires during the 1979-2024 time period. Compared to inflation for all items in 1979 (11.26%), inflation for vehicle parts and equipment other than tires was higher.

Price Inflation for Vehicle parts and equipment other than tires since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1979 (11.58%), 2022 (10.71%), and 1980 (9.90%).

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Buying power of $20.00 since 1979

Below are calculations of equivalent buying power for Vehicle parts and equipment other than tires, over time, for $20 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$20.0011.58%
1980$21.989.90%
1981$22.743.46%
1982$23.513.38%
1983$23.03-2.02%
1984$23.120.39%
1985$23.130.05%
1986$23.451.38%
1987$23.841.63%
1988$24.281.85%
1989$24.661.59%
1990$25.182.09%
1991$25.471.15%
1992$25.520.22%
1993$25.01-2.03%
1994$24.84-0.66%
1995$24.81-0.13%
1996$24.920.44%
1997$25.040.48%
1998$25.060.10%
1999$25.05-0.04%
2000$25.210.65%
2001$25.742.08%
2002$26.262.02%
2003$26.701.69%
2004$26.900.76%
2005$27.482.14%
2006$28.674.34%
2007$29.723.65%
2008$31.455.83%
2009$32.754.13%
2010$33.321.72%
2011$34.022.12%
2012$34.691.95%
2013$35.542.47%
2014$35.951.15%
2015$36.371.17%
2016$36.540.47%
2017$36.820.75%
2018$37.672.31%
2019$38.492.19%
2020$39.723.21%
2021$40.672.37%
2022$45.0210.71%
2023$46.763.86%
2024$47.441.46%*

* 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 parts and equipment other than tires:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI74.60077.18586.12394.64697.923101.23199.18599.56999.615100.992102.638104.538106.200108.415109.662109.908107.677106.962106.823107.292107.808107.915107.869108.569110.831113.069114.977115.854118.338123.469127.975135.436141.033143.463146.507149.363153.051154.815156.627157.358158.538162.193165.740171.055175.113193.860201.345204.275

Adjust vehicle parts and equipment other than tires prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1979 * 1979 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Vehicle parts and equipment other than tires was 86.123 in the year 1979 and 204.275 in 2024:

204.275 / 86.123 * $20 = $47.44

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1979 has the same "purchasing power" as $47.44 in 2024 (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 1977. 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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