According to the U.S. Bureau of Labor Statistics, prices for car and truck rental were 15.55% higher in 2018 versus 2004.
Between 2004 and 2018: Car and truck rental experienced an average inflation rate of 1.04% per year. In other words, car and truck rental costing $20 in the year 2004 would cost $23.11 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.00% during this same period, inflation for car and truck rental was lower.
In the year 2004: Pricing changed by -2.78%, significantly below the average yearly change for car and truck rental during the 2004-2018 time period. Compared to inflation for all items in 2004 (2.68%), price inflation for car and truck rental was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Car and truck rental: