According to the U.S. Bureau of Labor Statistics, prices for moving, storage, freight expense were 40.80% higher in 2018 versus 2002.
Between 2002 and 2018: Moving expenses experienced an average inflation rate of 2.16% per year. This rate of change indicates significant inflation. In other words, moving expenses costing $200 in the year 2002 would cost $281.60 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.07% during this same period, inflation for moving expenses was higher.
In the year 2002: Pricing changed by 2.53%, above the average yearly change for moving expenses during the 2002-2018 time period. Compared to inflation for all items in 2002 (1.59%), price inflation for moving expenses was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Moving, storage, freight expense: