🚗 Price of New Car in 2023
Verdict: Better Value
New Car cost $47936.00 in 2023. Adjusted for inflation, that's $49350.88 today. The actual price today is $48397.00 — 1.9% cheaper.
⏱️ Labor Hours to Buy New Car
2023
1236.9
hours of median work
Today
1202.3
hours of median work
In 2023, a median earner worked 1236.9 hours to buy new car. Today, it takes 1202.3 hours. It is 1.0x easier to earn.
📈 New Car Price History
1984
2024