🚗 Price of New Car in 1995
Verdict: Inflation Trap
New Car cost $18916.00 in 1995. Adjusted for inflation, that's $38940.66 today. The actual price today is $48397.00 — 24.3% more expensive.
⏱️ Labor Hours to Buy New Car
1995
1154.5
hours of median work
Today
1202.3
hours of median work
In 1995, a median earner worked 1154.5 hours to buy new car. Today, it takes 1202.3 hours. It is 1.0x harder to earn.
📈 New Car Price History
1984
2024