🚗 Price of New Car in 2004
Verdict: Inflation Trap
New Car cost $23686.00 in 2004. Adjusted for inflation, that's $39332.55 today. The actual price today is $48397.00 — 23.0% more expensive.
⏱️ Labor Hours to Buy New Car
2004
1111.4
hours of median work
Today
1202.3
hours of median work
In 2004, a median earner worked 1111.4 hours to buy new car. Today, it takes 1202.3 hours. It is 1.1x harder to earn.
📈 New Car Price History
1984
2024