Fuel oil and other fuels priced at $20 in 2000 $56.99 in 2019

Historical Price Inflation for Fuel oil and other fuels

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Prices for Fuel Oil And Other Fuels, 2000-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fuel oil and other fuels were 184.95% higher in 2019 versus 2000 (a $36.99 difference in value).

Between 2000 and 2019: Fuel oil and other fuels experienced an average inflation rate of 5.67% per year. This rate of change indicates significant inflation. In other words, fuel oil and other fuels costing $20 in the year 2000 would cost $56.99 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.09% during this same period, inflation for fuel oil and other fuels was significantly higher.

In the year 2000: Pricing changed by 0%, which is significantly below the average yearly change for fuel oil and other fuels during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for fuel oil and other fuels was much lower.

Price Inflation for Fuel oil and other fuels since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2018 (193.49%), 1990 (21.54%), and 1986 (-19.05%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fuel oil and other fuels:

Year 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
CPI 99.367 95.900 77.633 77.867 78.100 81.700 99.300 94.633 90.700 90.300 88.800 88.100 99.200 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 99.833 292.999 284.472

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Fuel oil and other fuels, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 -
2001 $20.00 0.00%
2002 $20.00 0.00%
2003 $20.00 0.00%
2004 $20.00 0.00%
2005 $20.00 0.00%
2006 $20.00 0.00%
2007 $20.00 0.00%
2008 $20.00 0.00%
2009 $20.00 0.00%
2010 $20.00 0.00%
2011 $20.00 0.00%
2012 $20.00 0.00%
2013 $20.00 0.00%
2014 $20.00 0.00%
2015 $20.00 0.00%
2016 $20.00 0.00%
2017 $20.00 0.00%
2018 $58.70 193.49%
2019 $56.99 -2.91%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for fuel oil and other fuels, 2000-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2000 * 2000 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Fuel oil and other fuels was 99.833 in the year 2000 and 284.472 in 2019:

284.472 / 99.833 * $20 = $56.99

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $56.99 in 2019 (in the CPI category of Fuel oil and other fuels).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fuel oil and other fuels in 1984. In addition to fuel oil and other fuels, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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