New vehicles (chained) priced at $20 in 1999 $20.45 in 2020

New Vehicles (chained) Inflation Calculator

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Prices for New Vehicles (chained), 1999-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for new vehicles (chained) were 2.26% higher in 2020 versus 1999 (a $0.45 difference in value).

Between 1999 and 2020: New vehicles (chained) experienced an average inflation rate of 0.11% per year. In other words, new vehicles (chained) costing $20 in the year 1999 would cost $20.45 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.11% during this same period, inflation for new vehicles (chained) was lower.

Price Inflation for New vehicles (chained) since 1999

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2011 (2.71%), 2012 (1.75%), and 2010 (1.70%).

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
CPI 100.000 99.467 98.908 97.367 95.833 95.292 95.842 95.792 95.040 93.476 94.415 96.020 98.625 100.354 101.290 101.569 102.178 102.349 102.270 101.776 102.040 102.257

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Buying power of $20 since 1999

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 0.26%
2020 $20.45 0.21%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for new vehicles (chained), 1999-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1999 * 1999 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for New vehicles (chained) was 100.000 in the year 1999 and 102.257 in 2020:

102.257 / 100.000 * $20 = $20.45

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1999 has the same "purchasing power" as $20.45 in 2020 (in the CPI category of New vehicles (chained)).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for New vehicles (chained) in 1999. In addition to new vehicles (chained), the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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