Used cars and trucks priced at $20 in 1995 $26.70 in 2022

Used Cars And Trucks Inflation Calculator

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Prices for Used Cars And Trucks, 1995-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for used cars and trucks are 33.49% higher in 2022 versus 1995 (a $6.70 difference in value).

Between 1995 and 2022: Used cars and trucks experienced an average inflation rate of 1.08% per year. In other words, used cars and trucks costing $20 in the year 1995 would cost $26.70 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.43% during this same period, inflation for used cars and trucks was lower.

In the year 1995: Pricing changed by 10.44%, which is significantly above the average yearly change for used cars and trucks during the 1995-2022 time period. Compared to inflation for all items in 1995 (2.81%), inflation for used cars and trucks was much higher.

Price Inflation for Used cars and trucks since 1952

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2021 (26.63%), 1981 (23.43%), and 1975 (19.52%).

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Buying power of $20.00 since 1995

Below are calculations of equivalent buying power for Used cars and trucks, over time, for $20 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$20.0010.44%
1996$20.070.37%
1997$19.32-3.77%
1998$19.25-0.34%
1999$19.430.94%
2000$19.912.45%
2001$20.291.89%
2002$19.43-4.24%
2003$18.27-5.96%
2004$17.04-6.71%
2005$17.824.59%
2006$17.900.40%
2007$17.35-3.03%
2008$17.12-1.32%
2009$16.23-5.21%
2010$18.3012.72%
2011$19.054.11%
2012$19.220.89%
2013$19.16-0.29%
2014$19.06-0.53%
2015$18.81-1.32%
2016$18.34-2.47%
2017$17.67-3.64%
2018$17.690.09%
2019$17.871.00%
2020$18.443.19%
2021$23.3526.63%
2022$26.7014.36%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


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

Year19521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI28.40026.73122.73821.47720.68523.15424.00826.80825.05426.01528.38528.73129.95429.77729.03129.95430.71730.87731.22333.00833.06235.19236.69243.85450.28554.73855.84660.20862.31576.91588.77798.723112.515113.708108.785113.092117.969120.431117.569118.123123.169133.885141.662156.454157.038151.123150.608152.031155.762158.700151.977142.915133.323139.438139.992135.747133.951126.973143.128149.011150.330149.887149.094147.120143.488138.259138.385139.763144.221182.628208.850

Adjust used cars and trucks prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1995 * 1995 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Used cars and trucks was 156.454 in the year 1995 and 208.850 in 2022:

208.850 / 156.454 * $20 = $26.70

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1995 has the same "purchasing power" as $26.70 in 2022 (in the CPI category of Used cars and trucks).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Used cars and trucks in 1952. In addition to used cars and trucks, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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