According to the U.S. Bureau of Labor Statistics, prices for new vehicles (chained) are 16.75% higher in 2022 versus 1999 (a $3.35 difference in value).
Between 1999 and 2022: New vehicles (chained) experienced an average inflation rate of 0.68% per year. In other words, new vehicles (chained) costing $20 in the year 1999 would cost $23.35 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.37% during this same period, inflation for new vehicles (chained) was lower.
Below are calculations of equivalent buying power for New vehicles (chained), over time, for $20 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1999 | $20.00 | - |
| 2000 | $19.89 | -0.53% |
| 2001 | $19.78 | -0.56% |
| 2002 | $19.47 | -1.56% |
| 2003 | $19.17 | -1.57% |
| 2004 | $19.06 | -0.57% |
| 2005 | $19.17 | 0.58% |
| 2006 | $19.16 | -0.05% |
| 2007 | $19.01 | -0.78% |
| 2008 | $18.70 | -1.65% |
| 2009 | $18.88 | 1.00% |
| 2010 | $19.20 | 1.70% |
| 2011 | $19.72 | 2.71% |
| 2012 | $20.07 | 1.75% |
| 2013 | $20.26 | 0.93% |
| 2014 | $20.31 | 0.28% |
| 2015 | $20.44 | 0.60% |
| 2016 | $20.47 | 0.17% |
| 2017 | $20.45 | -0.08% |
| 2018 | $20.36 | -0.48% |
| 2019 | $20.41 | 0.29% |
| 2020 | $20.55 | 0.64% |
| 2021 | $21.70 | 5.62% |
| 2022 | $23.35 | 7.61%* |
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for New vehicles (chained):
| Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| CPI | 100.000 | 99.467 | 98.908 | 97.367 | 95.833 | 95.292 | 95.842 | 95.792 | 95.040 | 93.476 | 94.416 | 96.020 | 98.625 | 100.354 | 101.290 | 101.569 | 102.178 | 102.349 | 102.270 | 101.776 | 102.071 | 102.727 | 108.498 | 116.750 |