🚗 Price of New Car in 2006
Verdict: Inflation Trap
New Car cost $25950.00 in 2006. Adjusted for inflation, that's $40387.61 today. The actual price today is $48397.00 — 19.8% more expensive.
⏱️ Labor Hours to Buy New Car
2006
1119.8
hours of median work
Today
1202.3
hours of median work
In 2006, a median earner worked 1119.8 hours to buy new car. Today, it takes 1202.3 hours. It is 1.1x harder to earn.
📈 New Car Price History
1984
2024