Re:US inflation means families are spending $709 more per mo...
by nickjj on Sunday August 13, 2023 @04:57PM
(#37114382)
> But yeah it's still quite a bit more expensive, $2,000 is equivalent to about $5,000 now.
It's not quite that much. You calculated inflation off 1989 when the sale happened in 1998.
An inflation calculator puts $1,800 @ 1998 being worth $3,375 @ 2023. It's a massive difference in how much more expensive an inflation adjusted car is nowadays.
It's not quite that much. You calculated inflation off 1989 when the sale happened in 1998.
An inflation calculator puts $1,800 @ 1998 being worth $3,375 @ 2023. It's a massive difference in how much more expensive an inflation adjusted car is nowadays.