🚗 Price of New Car in 1993
Verdict: Inflation Trap
New Car cost $17677.00 in 1993. Adjusted for inflation, that's $38381.98 today. The actual price today is $48397.00 — 26.1% more expensive.
⏱️ Labor Hours to Buy New Car
1993
1177.0
hours of median work
Today
1202.3
hours of median work
In 1993, a median earner worked 1177.0 hours to buy new car. Today, it takes 1202.3 hours. It is 1.0x harder to earn.
📈 New Car Price History
1984
2024