Vehicle parts and equipment other than tires priced at $20 in 2006 $33.09 in 2024

Vehicle Parts And Equipment Other Than Tires Inflation Calculator

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Prices for Vehicle Parts And Equipment Other Than Tires, 2006-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for vehicle parts and equipment other than tires are 65.46% higher in 2024 versus 2006 (a $13.09 difference in value).

Between 2006 and 2024: Vehicle parts and equipment other than tires experienced an average inflation rate of 2.84% per year. This rate of change indicates significant inflation. In other words, vehicle parts and equipment other than tires costing $20 in the year 2006 would cost $33.09 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for vehicle parts and equipment other than tires was higher.

In the year 2006: Pricing changed by 4.34%, which is above the average yearly change for vehicle parts and equipment other than tires during the 2006-2024 time period. Compared to inflation for all items in 2006 (3.23%), 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 2006

Below are calculations of equivalent buying power for Vehicle parts and equipment other than tires, over time, for $20 beginning in 2006. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2006$20.004.34%
2007$20.733.65%
2008$21.945.83%
2009$22.854.13%
2010$23.241.72%
2011$23.732.12%
2012$24.191.95%
2013$24.792.47%
2014$25.081.15%
2015$25.371.17%
2016$25.490.47%
2017$25.680.75%
2018$26.272.31%
2019$26.852.19%
2020$27.713.21%
2021$28.372.37%
2022$31.4010.71%
2023$32.613.86%
2024$33.091.46%*

* 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
CPI74.60077.18586.12394.64697.923101.23199.18599.56999.615100.992102.638104.538106.200108.415109.662109.908107.677106.962106.823107.292107.808107.915107.869108.569110.831113.069114.977115.854118.338123.469127.975135.436141.033143.463146.507149.363153.051154.815156.627157.358158.538162.193165.740171.055175.113193.860201.345204.288

Adjust vehicle parts and equipment other than tires prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2006 * 2006 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Vehicle parts and equipment other than tires was 123.469 in the year 2006 and 204.288 in 2024:

204.288 / 123.469 * $20 = $33.09

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2006 has the same "purchasing power" as $33.09 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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