According to the U.S. Bureau of Labor Statistics, prices for motor fuel are 2,212.22% higher in 2024 versus 1935 (a $442.44 difference in value).
Between 1935 and 2024: Motor fuel experienced an average inflation rate of 3.59% per year. This rate of change indicates significant inflation. In other words, motor fuel costing $20 in the year 1935 would cost $462.44 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.58% during this same period, inflation for motor fuel was higher.
Below are calculations of equivalent buying power for Motor fuel, over time, for $20 beginning in 1935. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1935 | $20.00 | - |
1936 | $20.75 | 3.75% |
1937 | $21.67 | 4.43% |
1938 | $20.94 | -3.38% |
1939 | $19.69 | -5.97% |
1940 | $19.22 | -2.37% |
1941 | $20.28 | 5.50% |
1942 | $21.45 | 5.78% |
1943 | $21.72 | 1.26% |
1944 | $21.79 | 0.32% |
1945 | $21.71 | -0.38% |
1946 | $22.11 | 1.84% |
1947 | $24.91 | 12.70% |
1948 | $28.40 | 14.01% |
1949 | $29.17 | 2.68% |
1950 | $28.89 | -0.94% |
1951 | $29.74 | 2.95% |
1952 | $30.54 | 2.66% |
1953 | $32.52 | 6.49% |
1954 | $33.13 | 1.87% |
1955 | $33.74 | 1.84% |
1956 | $34.86 | 3.34% |
1957 | $36.22 | 3.89% |
1958 | $35.70 | -1.42% |
1959 | $36.14 | 1.21% |
1960 | $37.19 | 2.92% |
1961 | $36.79 | -1.07% |
1962 | $37.02 | 0.61% |
1963 | $36.91 | -0.28% |
1964 | $36.72 | -0.51% |
1965 | $38.35 | 4.43% |
1966 | $39.07 | 1.88% |
1967 | $40.21 | 2.90% |
1968 | $40.81 | 1.52% |
1969 | $42.15 | 3.27% |
1970 | $42.49 | 0.81% |
1971 | $42.77 | 0.66% |
1972 | $43.30 | 1.23% |
1973 | $47.50 | 9.69% |
1974 | $64.35 | 35.49% |
1975 | $68.72 | 6.79% |
1976 | $71.58 | 4.16% |
1977 | $75.72 | 5.78% |
1978 | $78.95 | 4.26% |
1979 | $106.87 | 35.37% |
1980 | $148.45 | 38.92% |
1981 | $165.27 | 11.33% |
1982 | $156.65 | -5.22% |
1983 | $151.43 | -3.33% |
1984 | $149.09 | -1.55% |
1985 | $150.35 | 0.85% |
1986 | $117.49 | -21.86% |
1987 | $122.24 | 4.05% |
1988 | $123.25 | 0.82% |
1989 | $134.88 | 9.43% |
1990 | $154.17 | 14.30% |
1991 | $151.47 | -1.76% |
1992 | $150.89 | -0.38% |
1993 | $149.32 | -1.04% |
1994 | $150.06 | 0.49% |
1995 | $152.33 | 1.52% |
1996 | $161.96 | 6.32% |
1997 | $161.86 | -0.06% |
1998 | $140.45 | -13.23% |
1999 | $153.46 | 9.26% |
2000 | $197.08 | 28.42% |
2001 | $190.02 | -3.58% |
2002 | $177.69 | -6.49% |
2003 | $206.87 | 16.43% |
2004 | $244.40 | 18.14% |
2005 | $298.16 | 22.00% |
2006 | $336.81 | 12.96% |
2007 | $364.30 | 8.16% |
2008 | $426.14 | 16.97% |
2009 | $307.78 | -27.78% |
2010 | $364.46 | 18.42% |
2011 | $461.13 | 26.52% |
2012 | $476.43 | 3.32% |
2013 | $463.01 | -2.82% |
2014 | $445.62 | -3.76% |
2015 | $324.67 | -27.14% |
2016 | $287.07 | -11.58% |
2017 | $324.15 | 12.92% |
2018 | $368.55 | 13.70% |
2019 | $355.40 | -3.57% |
2020 | $297.51 | -16.29% |
2021 | $403.94 | 35.77% |
2022 | $533.73 | 32.13% |
2023 | $477.34 | -10.56% |
2024 | $462.44 | -3.12%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor fuel:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 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 | 2022 | 2023 | 2024 |
CPI | 13.125 | 13.617 | 14.220 | 13.740 | 12.920 | 12.614 | 13.308 | 14.077 | 14.254 | 14.300 | 14.246 | 14.508 | 16.350 | 18.640 | 19.140 | 18.960 | 19.520 | 20.040 | 21.340 | 21.740 | 22.140 | 22.880 | 23.769 | 23.431 | 23.715 | 24.408 | 24.146 | 24.292 | 24.223 | 24.100 | 25.167 | 25.640 | 26.385 | 26.785 | 27.662 | 27.885 | 28.069 | 28.415 | 31.169 | 42.231 | 45.100 | 46.977 | 49.692 | 51.808 | 70.131 | 97.423 | 108.462 | 102.800 | 99.377 | 97.838 | 98.669 | 77.100 | 80.223 | 80.885 | 88.515 | 101.177 | 99.400 | 99.023 | 97.992 | 98.477 | 99.969 | 106.285 | 106.223 | 92.169 | 100.708 | 129.331 | 124.700 | 116.608 | 135.762 | 160.385 | 195.669 | 221.031 | 239.070 | 279.652 | 201.978 | 239.178 | 302.619 | 312.660 | 303.850 | 292.435 | 213.062 | 188.389 | 212.721 | 241.861 | 233.234 | 195.242 | 265.083 | 350.261 | 313.257 | 303.479 |