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Home 2018 November 08 15 Shocking Examples of What Inflation Did to Us

15 Shocking Examples of What Inflation Did to Us

Price of a New Car

Price in 1913: $1,432.89

Price today: $35,444

A shiny new set of wheels purchased about 100 years ago would cost you a fraction of today’s market price, however, current auto prices are right in line with inflation. A new car would have cost you $1,432.89 in 1913 — adjusted for inflation in 2018, that would be $36,241.44.

Today, you can expect to pay an average price of $35,444 for a new car.

Nov 8, 2018C.C.
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