🚗 Price of New Car in 2000
Verdict: Inflation Trap
New Car cost $21850.00 in 2000. Adjusted for inflation, that's $39806.21 today. The actual price today is $48397.00 — 21.6% more expensive.
⏱️ Labor Hours to Buy New Car
2000
1082.4
hours of median work
Today
1202.3
hours of median work
In 2000, a median earner worked 1082.4 hours to buy new car. Today, it takes 1202.3 hours. It is 1.1x harder to earn.
📈 New Car Price History
1984
2024