🚗 Price of New Car in 2014
Verdict: Inflation Trap
New Car cost $33560.00 in 2014. Adjusted for inflation, that's $44474.15 today. The actual price today is $48397.00 — 8.8% more expensive.
⏱️ Labor Hours to Buy New Car
2014
1300.9
hours of median work
Today
1202.3
hours of median work
In 2014, a median earner worked 1300.9 hours to buy new car. Today, it takes 1202.3 hours. It is 1.1x easier to earn.
📈 New Car Price History
1984
2024