🚗 Price of New Car in 2017
Verdict: Inflation Trap
New Car cost $36113.00 in 2017. Adjusted for inflation, that's $46216.24 today. The actual price today is $48397.00 — 4.7% more expensive.
⏱️ Labor Hours to Buy New Car
2017
1228.6
hours of median work
Today
1202.3
hours of median work
In 2017, a median earner worked 1228.6 hours to buy new car. Today, it takes 1202.3 hours. It is 1.0x easier to earn.
📈 New Car Price History
1984
2024