🚗 Price of New Car in 1985
Verdict: Inflation Trap
New Car cost $11450.00 in 1985. Adjusted for inflation, that's $33381.41 today. The actual price today is $48397.00 — 45.0% more expensive.
⏱️ Labor Hours to Buy New Car
1985
1008.3
hours of median work
Today
1202.3
hours of median work
In 1985, a median earner worked 1008.3 hours to buy new car. Today, it takes 1202.3 hours. It is 1.2x harder to earn.
📈 New Car Price History
1984
2024