According to the U.S. Bureau of Labor Statistics, prices for vehicle parts and equipment other than tires are 89.29% higher in 2024 versus 1998 (a $17.86 difference in value).
Between 1998 and 2024: Vehicle parts and equipment other than tires experienced an average inflation rate of 2.48% per year. This rate of change indicates significant inflation. In other words, vehicle parts and equipment other than tires costing $20 in the year 1998 would cost $37.86 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for vehicle parts and equipment other than tires was lower.
In the year 1998: Pricing changed by 0.10%, which is below the average yearly change for vehicle parts and equipment other than tires during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for vehicle parts and equipment other than tires was lower.
Below are calculations of equivalent buying power for Vehicle parts and equipment other than tires, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | 0.10% |
| 1999 | $19.99 | -0.04% |
| 2000 | $20.12 | 0.65% |
| 2001 | $20.54 | 2.08% |
| 2002 | $20.96 | 2.02% |
| 2003 | $21.31 | 1.69% |
| 2004 | $21.47 | 0.76% |
| 2005 | $21.93 | 2.14% |
| 2006 | $22.88 | 4.34% |
| 2007 | $23.72 | 3.65% |
| 2008 | $25.10 | 5.83% |
| 2009 | $26.14 | 4.13% |
| 2010 | $26.59 | 1.72% |
| 2011 | $27.15 | 2.12% |
| 2012 | $27.68 | 1.95% |
| 2013 | $28.37 | 2.47% |
| 2014 | $28.69 | 1.15% |
| 2015 | $29.03 | 1.17% |
| 2016 | $29.16 | 0.47% |
| 2017 | $29.38 | 0.75% |
| 2018 | $30.06 | 2.31% |
| 2019 | $30.72 | 2.19% |
| 2020 | $31.70 | 3.21% |
| 2021 | $32.45 | 2.37% |
| 2022 | $35.93 | 10.71% |
| 2023 | $37.32 | 3.86% |
| 2024 | $37.86 | 1.46%* |
* 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:
| Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 74.600 | 77.185 | 86.123 | 94.646 | 97.923 | 101.231 | 99.185 | 99.569 | 99.615 | 100.992 | 102.638 | 104.538 | 106.200 | 108.415 | 109.662 | 109.908 | 107.677 | 106.962 | 106.823 | 107.292 | 107.808 | 107.915 | 107.869 | 108.569 | 110.831 | 113.069 | 114.977 | 115.854 | 118.338 | 123.469 | 127.975 | 135.436 | 141.033 | 143.463 | 146.507 | 149.363 | 153.051 | 154.815 | 156.627 | 157.358 | 158.538 | 162.193 | 165.740 | 171.055 | 175.113 | 193.860 | 201.345 | 204.275 |