Gasoline, unleaded regular price history from 2000 through 2018

Historical Price Inflation for Gasoline, unleaded regular

Amount

Start year

End year

See price inflation for:

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.