According to the U.S. Bureau of Labor Statistics, prices for moving, storage, freight expense were 5.61% higher in 2018 versus 2016.
Between 2016 and 2018: Moving expenses experienced an average inflation rate of 2.77% per year. This rate of change indicates significant inflation. In other words, moving expenses costing $200 in the year 2016 would cost $211.22 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.91% during this same period, inflation for moving expenses was similar.
In the year 2016: Pricing changed by 10.11%, significantly above the average yearly change for moving expenses during the 2016-2018 time period. Compared to inflation for all items in 2016 (1.26%), price inflation for moving expenses was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Moving, storage, freight expense: