According to the U.S. Bureau of Labor Statistics, prices for moving, storage, freight expense were 37.52% higher in 2018 versus 2003.
Between 2003 and 2018: Moving expenses experienced an average inflation rate of 2.15% per year. This rate of change indicates significant inflation. In other words, moving expenses costing $200 in the year 2003 would cost $275.04 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.05% during this same period, inflation for moving expenses was similar.
In the year 2003: Pricing changed by 2.30%, above the average yearly change for moving expenses during the 2003-2018 time period. Compared to inflation for all items in 2003 (2.27%), price inflation for moving expenses was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Moving, storage, freight expense: