Car repair priced at $500 in 2000 $812.51 in 2018

Historical Price Inflation for Car repair

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Prices for Car Repair, 2000-2018 ($500)

According to the U.S. Bureau of Labor Statistics, prices for motor vehicle repair were 62.50% higher in 2018 versus 2000 (a $312.51 difference in value).

Between 2000 and 2018: Car repair experienced an average inflation rate of 2.73% per year. This rate of change indicates significant inflation. In other words, car repair costing $500 in the year 2000 would cost $812.51 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for car repair was higher.

Price Inflation for Motor vehicle repair since 2000

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2006 (4.75%), 2008 (4.69%), and 2009 (3.87%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor vehicle repair:

Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 108.175 111.767 115.942 119.567 122.692 126.725 132.742 137.370 143.807 149.371 152.814 156.802 159.088 161.503 164.382 168.119 171.558 174.303 175.786

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Buying power of $500 since 2000

Below are calculations of equivalent buying power for Car repair, over time, for $500 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $500.00 -
2001 $516.60 3.32%
2002 $535.90 3.74%
2003 $552.65 3.13%
2004 $567.10 2.61%
2005 $585.74 3.29%
2006 $613.55 4.75%
2007 $634.94 3.49%
2008 $664.70 4.69%
2009 $690.41 3.87%
2010 $706.33 2.31%
2011 $724.76 2.61%
2012 $735.33 1.46%
2013 $746.49 1.52%
2014 $759.80 1.78%
2015 $777.07 2.27%
2016 $792.97 2.05%
2017 $805.65 1.60%
2018 $812.51 0.85%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for car repair, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Motor vehicle repair was 108.175 in the year 2000 and 175.786 in 2018:

175.786 / 108.175 * $500 = $812.51

Therefore, according to U.S. Bureau of Labor Statistics, $500 in 2000 has the same "purchasing power" as $812.51 in 2018 (in the CPI category of Motor vehicle repair).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Motor vehicle repair in 2000. In addition to car repair, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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