🚗 Price of New Car in 2022
Verdict: Better Value
New Car cost $48008.00 in 2022. Adjusted for inflation, that's $51465.13 today. The actual price today is $48397.00 — 6.0% cheaper.
⏱️ Labor Hours to Buy New Car
2022
1338.9
hours of median work
Today
1202.3
hours of median work
In 2022, a median earner worked 1338.9 hours to buy new car. Today, it takes 1202.3 hours. It is 1.1x easier to earn.
📈 New Car Price History
1984
2024