Gasoline, unleaded premium price history from 2000 through 2019

Historical Price Inflation for Gasoline, unleaded premium

Prices for Gasoline, Unleaded Premium, 2000-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for gasoline, unleaded premium were 91.81% higher in 2019 versus 2000 (a $18.36 difference in value).

Between 2000 and 2019: Gasoline, unleaded premium experienced an average inflation rate of 3.49% per year. This rate of change indicates significant inflation. In other words, gasoline, unleaded premium costing $20 in the year 2000 would cost $38.36 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.09% during this same period, inflation for gasoline, unleaded premium was higher.

In the year 2000: Pricing changed by 25.43%, which is significantly above the average yearly change for gasoline, unleaded premium during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for gasoline, unleaded premium was much higher.

Price Inflation for Gasoline, unleaded premium since 1983

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2000 (25.43%), 2009 (-25.41%), and 2011 (24.53%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Gasoline, unleaded premium:

Year	1983	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	99.600	99.083	100.075	81.500	83.117	84.558	91.617	103.575	102.133	101.883	101.017	101.283	102.183	107.083	106.875	94.183	101.833	127.725	123.275	116.217	134.150	156.483	188.817	211.658	229.047	265.691	198.174	232.179	289.130	299.485	293.691	284.388	218.512	199.711	223.452	251.977	244.994

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Gasoline, unleaded premium, 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	25.43%
2001	$19.30	-3.48%
2002	$18.20	-5.73%
2003	$21.01	15.43%
2004	$24.50	16.65%
2005	$29.57	20.66%
2006	$33.14	12.10%
2007	$35.87	8.22%
2008	$41.60	16.00%
2009	$31.03	-25.41%
2010	$36.36	17.16%
2011	$45.27	24.53%
2012	$46.90	3.58%
2013	$45.99	-1.93%
2014	$44.53	-3.17%
2015	$34.22	-23.16%
2016	$31.27	-8.60%
2017	$34.99	11.89%
2018	$39.46	12.77%
2019	$38.36	-2.77%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for gasoline, unleaded premium, 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 Gasoline, unleaded premium was 127.725 in the year 2000 and 244.994 in 2019:

244.994 / 127.725 * $20 = $38.36

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $38.36 in 2019 (in the CPI category of Gasoline, unleaded premium).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Gasoline, unleaded premium in 1983. In addition to gasoline, unleaded premium, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.