Gasoline, unleaded regular priced at $20 in 1976 $86.82 in 2021

Gasoline, Unleaded Regular Inflation Calculator

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Prices for Gasoline, Unleaded Regular, 1976-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for gasoline, unleaded regular were 334.12% higher in 2021 versus 1976 (a $66.82 difference in value).

Between 1976 and 2021: Gasoline, unleaded regular experienced an average inflation rate of 3.32% per year. This rate of change indicates significant inflation. In other words, gasoline, unleaded regular costing $20 in the year 1976 would cost $86.82 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.45% during this same period, inflation for gasoline, unleaded regular was lower.

Price Inflation for Gasoline, unleaded regular since 1976

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (38.24%), 1979 (34.90%), and 2000 (29.90%).

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 2020 2021
CPI 46.623 49.823 52.254 70.492 97.446 108.569 102.738 99.423 97.808 98.808 76.392 79.246 79.554 86.538 98.923 97.238 96.808 95.200 95.769 97.515 103.869 103.792 89.154 97.969 127.262 122.608 114.362 133.954 158.869 194.369 219.985 238.151 277.607 200.479 237.888 301.650 311.274 301.569 289.398 208.711 183.571 207.579 236.040 226.973 188.739 202.401

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Buying power of $20 since 1976

Below are calculations of equivalent buying power for Gasoline, unleaded regular, over time, for $20 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1976 $20.00 -
1977 $21.37 6.86%
1978 $22.42 4.88%
1979 $30.24 34.90%
1980 $41.80 38.24%
1981 $46.57 11.41%
1982 $44.07 -5.37%
1983 $42.65 -3.23%
1984 $41.96 -1.62%
1985 $42.39 1.02%
1986 $32.77 -22.69%
1987 $33.99 3.74%
1988 $34.13 0.39%
1989 $37.12 8.78%
1990 $42.44 14.31%
1991 $41.71 -1.70%
1992 $41.53 -0.44%
1993 $40.84 -1.66%
1994 $41.08 0.60%
1995 $41.83 1.82%
1996 $44.56 6.52%
1997 $44.52 -0.07%
1998 $38.24 -14.10%
1999 $42.03 9.89%
2000 $54.59 29.90%
2001 $52.60 -3.66%
2002 $49.06 -6.73%
2003 $57.46 17.13%
2004 $68.15 18.60%
2005 $83.38 22.35%
2006 $94.37 13.18%
2007 $102.16 8.26%
2008 $119.09 16.57%
2009 $86.00 -27.78%
2010 $102.05 18.66%
2011 $129.40 26.80%
2012 $133.53 3.19%
2013 $129.36 -3.12%
2014 $124.14 -4.04%
2015 $89.53 -27.88%
2016 $78.75 -12.05%
2017 $89.05 13.08%
2018 $101.25 13.71%
2019 $97.37 -3.84%
2020 $80.96 -16.85%
2021 $86.82 7.24%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for gasoline, unleaded regular, 1976-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1976 * 1976 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Gasoline, unleaded regular was 46.623 in the year 1976 and 202.401 in 2021:

202.401 / 46.623 * $20 = $86.82

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1976 has the same "purchasing power" as $86.82 in 2021 (in the CPI category of Gasoline, unleaded regular).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Gasoline, unleaded regular in 1976. In addition to gasoline, unleaded regular, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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