🚗 Price of New Car in 2011
Verdict: Inflation Trap
New Car cost $30659.00 in 2011. Adjusted for inflation, that's $42759.80 today. The actual price today is $48397.00 — 13.2% more expensive.
⏱️ Labor Hours to Buy New Car
2011
1274.1
hours of median work
Today
1202.3
hours of median work
In 2011, a median earner worked 1274.1 hours to buy new car. Today, it takes 1202.3 hours. It is 1.1x easier to earn.
📈 New Car Price History
1984
2024