🚗 Price of New Car in 2003
Verdict: Inflation Trap
New Car cost $23282.00 in 2003. Adjusted for inflation, that's $39693.01 today. The actual price today is $48397.00 — 21.9% more expensive.
⏱️ Labor Hours to Buy New Car
2003
1117.9
hours of median work
Today
1202.3
hours of median work
In 2003, a median earner worked 1117.9 hours to buy new car. Today, it takes 1202.3 hours. It is 1.1x harder to earn.
📈 New Car Price History
1984
2024