Leased cars and trucks priced at $20 in 2001 $21.94 in 2024

Leased Cars And Trucks Inflation Calculator

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Prices for Leased Cars And Trucks, 2001-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for leased cars and trucks are 9.69% higher in 2024 versus 2001 (a $1.94 difference in value).

Between 2001 and 2024: Leased cars and trucks experienced an average inflation rate of 0.40% per year. In other words, leased cars and trucks costing $20 in the year 2001 would cost $21.94 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.44% during this same period, inflation for leased cars and trucks was lower.

Price Inflation for Leased cars and trucks since 2001

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (31.96%), 2009 (7.74%), and 2023 (6.88%).

View price changes for other categories
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Buying power of $20.00 since 2001

Below are calculations of equivalent buying power for Leased cars and trucks, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$20.00-
2002$19.81-0.96%
2003$19.36-2.28%
2004$18.71-3.32%
2005$18.54-0.94%
2006$18.620.44%
2007$18.53-0.50%
2008$19.012.61%
2009$20.487.74%
2010$19.39-5.33%
2011$18.87-2.68%
2012$17.90-5.16%
2013$17.35-3.07%
2014$16.96-2.26%
2015$16.84-0.66%
2016$16.910.37%
2017$16.960.31%
2018$17.835.16%
2019$17.39-2.50%
2020$16.99-2.30%
2021$16.40-3.44%
2022$21.6531.96%
2023$23.146.88%
2024$21.94-5.18%*

* 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 Leased cars and trucks:

Year200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.00099.03896.78593.56992.69293.10092.63795.055102.41496.95694.36089.48986.74684.78284.22384.53884.79989.17486.94784.94482.018108.231115.676109.689

Adjust leased cars and trucks prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2001 * 2001 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Leased cars and trucks was 100.000 in the year 2001 and 109.689 in 2024:

109.689 / 100.000 * $20 = $21.94

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $21.94 in 2024 (in the CPI category of Leased cars and trucks).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Leased cars and trucks in 2001. In addition to leased cars and trucks, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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