🚗 Price of New Car in 1990
Verdict: Inflation Trap
New Car cost $15472.00 in 1990. Adjusted for inflation, that's $37146.75 today. The actual price today is $48397.00 — 30.3% more expensive.
⏱️ Labor Hours to Buy New Car
1990
1074.9
hours of median work
Today
1202.3
hours of median work
In 1990, a median earner worked 1074.9 hours to buy new car. Today, it takes 1202.3 hours. It is 1.1x harder to earn.
📈 New Car Price History
1984
2024