🚗 Price of New Car in 2019
Verdict: Inflation Trap
New Car cost $38723.00 in 2019. Adjusted for inflation, that's $47514.96 today. The actual price today is $48397.00 — 1.9% more expensive.
⏱️ Labor Hours to Buy New Car
2019
1172.4
hours of median work
Today
1202.3
hours of median work
In 2019, a median earner worked 1172.4 hours to buy new car. Today, it takes 1202.3 hours. It is 1.0x harder to earn.
📈 New Car Price History
1984
2024