According to the U.S. Bureau of Labor Statistics, prices for moving, storage, freight expense were 26.76% higher in 2018 versus 2007.
Between 2007 and 2018: Moving expenses experienced an average inflation rate of 2.18% per year. This rate of change indicates significant inflation. In other words, moving expenses costing $200 in the year 2007 would cost $253.53 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.69% during this same period, inflation for moving expenses was similar.
In the year 2007: Pricing changed by -0.10%, below the average yearly change for moving expenses during the 2007-2018 time period. Compared to inflation for all items in 2007 (2.85%), price inflation for moving expenses was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Moving, storage, freight expense: