According to the U.S. Bureau of Labor Statistics, prices for new vehicles are 422.91% higher in 2026 versus 1947 (a $84,582.72 difference in value).
Between 1947 and 2026: Vehicles experienced an average inflation rate of 2.12% per year. This rate of change indicates significant inflation. In other words, vehicles costing $20,000 in the year 1947 would cost $104,582.72 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for vehicles was lower.
Below are calculations of equivalent buying power for Vehicles, over time, for $20,000 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1947 | $20,000.00 | - |
| 1948 | $21,649.59 | 8.25% |
| 1949 | $23,870.18 | 10.26% |
| 1950 | $24,133.72 | 1.10% |
| 1951 | $25,041.48 | 3.76% |
| 1952 | $27,315.76 | 9.08% |
| 1953 | $27,672.04 | 1.30% |
| 1954 | $27,237.68 | -1.57% |
| 1955 | $26,281.11 | -3.51% |
| 1956 | $27,022.94 | 2.82% |
| 1957 | $28,428.50 | 5.20% |
| 1958 | $29,346.02 | 3.23% |
| 1959 | $30,595.41 | 4.26% |
| 1960 | $30,200.10 | -1.29% |
| 1961 | $30,195.22 | -0.02% |
| 1962 | $30,078.09 | -0.39% |
| 1963 | $29,897.51 | -0.60% |
| 1964 | $29,814.54 | -0.28% |
| 1965 | $29,160.57 | -2.19% |
| 1966 | $28,633.48 | -1.81% |
| 1967 | $28,901.90 | 0.94% |
| 1968 | $29,687.65 | 2.72% |
| 1969 | $30,170.82 | 1.63% |
| 1970 | $31,117.62 | 3.14% |
| 1971 | $32,371.89 | 4.03% |
| 1972 | $32,088.82 | -0.87% |
| 1973 | $32,098.58 | 0.03% |
| 1974 | $33,958.03 | 5.79% |
| 1975 | $36,886.29 | 8.62% |
| 1976 | $39,219.13 | 6.32% |
| 1977 | $41,303.07 | 5.31% |
| 1978 | $44,450.95 | 7.62% |
| 1979 | $47,979.50 | 7.94% |
| 1980 | $51,810.64 | 7.98% |
| 1981 | $54,973.16 | 6.10% |
| 1982 | $57,086.38 | 3.84% |
| 1983 | $58,491.95 | 2.46% |
| 1984 | $60,107.37 | 2.76% |
| 1985 | $62,108.35 | 3.33% |
| 1986 | $64,773.06 | 4.29% |
| 1987 | $66,988.78 | 3.42% |
| 1988 | $68,238.16 | 1.87% |
| 1989 | $69,785.26 | 2.27% |
| 1990 | $71,098.10 | 1.88% |
| 1991 | $73,782.33 | 3.78% |
| 1992 | $75,671.06 | 2.56% |
| 1993 | $77,740.36 | 2.73% |
| 1994 | $80,575.89 | 3.65% |
| 1995 | $82,547.58 | 2.45% |
| 1996 | $84,138.60 | 1.93% |
| 1997 | $84,480.23 | 0.41% |
| 1998 | $84,006.83 | -0.56% |
| 1999 | $83,665.20 | -0.41% |
| 2000 | $83,601.76 | -0.08% |
| 2001 | $83,225.96 | -0.45% |
| 2002 | $81,991.22 | -1.48% |
| 2003 | $80,732.06 | -1.54% |
| 2004 | $80,268.42 | -0.57% |
| 2005 | $80,766.23 | 0.62% |
| 2006 | $80,575.89 | -0.24% |
| 2007 | $79,797.61 | -0.97% |
| 2008 | $78,590.73 | -1.51% |
| 2009 | $79,428.06 | 1.07% |
| 2010 | $80,823.13 | 1.76% |
| 2011 | $83,094.24 | 2.81% |
| 2012 | $84,469.74 | 1.66% |
| 2013 | $85,378.23 | 1.08% |
| 2014 | $85,666.08 | 0.34% |
| 2015 | $86,169.84 | 0.59% |
| 2016 | $86,300.15 | 0.15% |
| 2017 | $86,086.24 | -0.25% |
| 2018 | $85,673.01 | -0.48% |
| 2019 | $85,993.56 | 0.37% |
| 2020 | $86,442.31 | 0.52% |
| 2021 | $91,502.44 | 5.85% |
| 2022 | $101,013.27 | 10.39% |
| 2023 | $104,772.33 | 3.72% |
| 2024 | $104,179.50 | -0.57% |
| 2025 | $104,539.60 | 0.35% |
| 2026 | $104,582.72 | 0.04%* |
* 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 New vehicles:
| Year | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 34.150 | 36.967 | 40.758 | 41.208 | 42.758 | 46.642 | 47.250 | 46.508 | 44.875 | 46.142 | 48.542 | 50.108 | 52.242 | 51.567 | 51.558 | 51.358 | 51.050 | 50.908 | 49.792 | 48.892 | 49.350 | 50.692 | 51.517 | 53.133 | 55.275 | 54.792 | 54.808 | 57.983 | 62.983 | 66.967 | 70.525 | 75.900 | 81.925 | 88.467 | 93.867 | 97.475 | 99.875 | 102.633 | 106.050 | 110.600 | 114.383 | 116.517 | 119.158 | 121.400 | 125.983 | 129.208 | 132.742 | 137.583 | 140.950 | 143.667 | 144.250 | 143.442 | 142.858 | 142.750 | 142.108 | 140.000 | 137.850 | 137.058 | 137.908 | 137.583 | 136.254 | 134.194 | 135.623 | 138.006 | 141.883 | 144.232 | 145.783 | 146.275 | 147.135 | 147.357 | 146.992 | 146.287 | 146.834 | 147.600 | 156.240 | 172.480 | 178.899 | 177.886 | 178.501 | 178.575 |