According to the U.S. Bureau of Labor Statistics, prices for gasoline, unleaded regular were 62.90% higher in 2019 versus 2000 (a $12.58 difference in value).
Between 2000 and 2019: Gasoline, unleaded regular experienced an average inflation rate of 2.60% per year. This rate of change indicates significant inflation. In other words, gasoline, unleaded regular costing $20 in the year 2000 would cost $32.58 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.02% during this same period, inflation for gasoline, unleaded regular was higher.
In the year 2000: Pricing changed by 29.87%, which is significantly above the average yearly change for gasoline, unleaded regular during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for gasoline, unleaded regular was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Gasoline, unleaded regular:
Year | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 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 | 46.633 | 49.850 | 52.308 | 70.450 | 97.417 | 108.558 | 102.758 | 99.408 | 97.842 | 98.775 | 76.500 | 79.225 | 79.525 | 86.475 | 98.800 | 97.300 | 96.817 | 95.325 | 95.792 | 97.508 | 103.825 | 103.850 | 89.158 | 97.967 | 127.225 | 122.400 | 114.300 | 134.358 | 158.975 | 194.533 | 219.533 | 238.228 | 276.533 | 201.110 | 238.424 | 301.243 | 311.103 | 301.362 | 288.766 | 208.076 | 183.429 | 207.834 | 235.860 | 207.250 |
Below are calculations of equivalent buying power for Gasoline, unleaded regular, 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 | 29.87% |
2001 | $19.24 | -3.79% |
2002 | $17.97 | -6.62% |
2003 | $21.12 | 17.55% |
2004 | $24.99 | 18.32% |
2005 | $30.58 | 22.37% |
2006 | $34.51 | 12.85% |
2007 | $37.45 | 8.52% |
2008 | $43.47 | 16.08% |
2009 | $31.61 | -27.27% |
2010 | $37.48 | 18.55% |
2011 | $47.36 | 26.35% |
2012 | $48.91 | 3.27% |
2013 | $47.37 | -3.13% |
2014 | $45.39 | -4.18% |
2015 | $32.71 | -27.94% |
2016 | $28.84 | -11.84% |
2017 | $32.67 | 13.30% |
2018 | $37.08 | 13.48% |
2019 | $32.58 | -12.13%* |