According to the U.S. Bureau of Labor Statistics, prices for moving, storage, freight expense were 35.70% higher in 2018 versus 2004.
Between 2004 and 2018: Moving expenses experienced an average inflation rate of 2.20% per year. This rate of change indicates significant inflation. In other words, moving expenses costing $200 in the year 2004 would cost $271.40 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.00% during this same period, inflation for moving expenses was similar.
In the year 2004: Pricing changed by 1.34%, below the average yearly change for moving expenses during the 2004-2018 time period. Compared to inflation for all items in 2004 (2.68%), price inflation for moving expenses was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Moving, storage, freight expense: