Cars priced at $15,000 in 2000 $15,263.89 in 2018

Historical Price Inflation for Cars

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Prices for Cars, 2000-2018 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices for new cars were 1.76% higher in 2018 versus 2000 (a $263.89 difference in value).

Between 2000 and 2018: Cars experienced an average inflation rate of 0.10% per year. In other words, cars costing $15,000 in the year 2000 would cost $15,263.89 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for cars was lower.

In the year 2000: Pricing changed by 0%, which is below the average yearly change for cars during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for cars was much lower.

Price Inflation for New cars since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1986 (4.27%), 1987 (3.62%), and 1991 (3.58%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for New cars:

Year 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 102.767 106.067 110.600 114.600 116.867 119.233 120.967 125.300 128.367 131.500 136.000 139.000 141.433 141.667 140.700 139.567 139.567 138.900 137.300 134.700 133.933 135.233 136.433 135.865 135.401 136.685 138.094 142.226 144.178 144.923 144.469 144.396 143.690 142.659 142.022

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Buying power of $15000 since 2000

Below are calculations of equivalent buying power for Cars, over time, for $15000 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $15,000.00 -
2001 $14,928.35 -0.48%
2002 $14,756.39 -1.15%
2003 $14,476.95 -1.89%
2004 $14,394.55 -0.57%
2005 $14,534.27 0.97%
2006 $14,663.24 0.89%
2007 $14,602.16 -0.42%
2008 $14,552.29 -0.34%
2009 $14,690.26 0.95%
2010 $14,841.76 1.03%
2011 $15,285.85 2.99%
2012 $15,495.61 1.37%
2013 $15,575.71 0.52%
2014 $15,526.88 -0.31%
2015 $15,519.00 -0.05%
2016 $15,443.19 -0.49%
2017 $15,332.39 -0.72%
2018 $15,263.89 -0.45%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for cars, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for New cars was 139.567 in the year 2000 and 142.022 in 2018:

142.022 / 139.567 * $15,000 = $15,263.89

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 2000 has the same "purchasing power" as $15,263.89 in 2018 (in the CPI category of New cars).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for New cars in 1984. In addition to cars, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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