Gasoline, unleaded regular priced at $20 in 2000 $36.76 in 2018

Historical Price Inflation for Gasoline, unleaded regular

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Prices for Gasoline, Unleaded Regular, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for gasoline, unleaded regular were 83.80% higher in 2018 versus 2000 (a $16.76 difference in value).

Between 2000 and 2018: Gasoline, unleaded regular experienced an average inflation rate of 3.44% per year. This rate of change indicates significant inflation. In other words, gasoline, unleaded regular costing $20 in the year 2000 would cost $36.76 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for gasoline, unleaded regular was higher.

In the year 2000: Pricing changed by 29.94%, which is significantly above the average yearly change for gasoline, unleaded regular during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for gasoline, unleaded regular was much higher.

Price Inflation for Gasoline, unleaded regular since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2000 (29.94%), 2015 (-27.88%), and 2009 (-27.78%).

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

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
CPI 97.800 98.833 76.400 79.233 79.567 86.533 98.933 97.233 96.800 95.233 95.767 97.533 103.900 103.800 89.167 97.967 127.300 122.600 114.400 133.967 158.900 194.400 220.000 238.151 277.607 200.479 237.888 301.650 311.274 301.569 289.398 208.711 183.571 207.579 233.976

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Buying power of $20 since 2000

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 29.94%
2001 $19.26 -3.69%
2002 $17.97 -6.69%
2003 $21.05 17.10%
2004 $24.96 18.61%
2005 $30.54 22.34%
2006 $34.56 13.17%
2007 $37.42 8.25%
2008 $43.61 16.57%
2009 $31.50 -27.78%
2010 $37.37 18.66%
2011 $47.39 26.80%
2012 $48.90 3.19%
2013 $47.38 -3.12%
2014 $45.47 -4.04%
2015 $32.79 -27.88%
2016 $28.84 -12.05%
2017 $32.61 13.08%
2018 $36.76 12.72%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for gasoline, unleaded regular, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Gasoline, unleaded regular was 127.300 in the year 2000 and 233.976 in 2018:

233.976 / 127.300 * $20 = $36.76

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $36.76 in 2018 (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 1984. 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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