Found an old price list from my dad's shop in '92

I was cleaning out a storage unit and found a binder with his shop's rates, and a basic quarter panel repair was listed at $275. I looked up what that same job would cost now, and it's over four times that. Where do you think the biggest cost jump came from, materials or labor?

2 comments

2 Comments

cameron_martin101d ago

My own car repair bills could explain the jump.

sethh121d ago

Actually, I think you might have that backwards. Inflation numbers are based on a big basket of goods for the whole country, not one person's spending. Your bills went up because of inflation, not the other way around.