Motor oil, coolant, and fluids priced at $20 in 2000 $56.33 in 2018

Historical Price Inflation for Motor oil, coolant, and fluids

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Prices for Motor Oil, Coolant, And Fluids, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for motor oil, coolant, and fluids were 181.64% higher in 2018 versus 2000 (a $36.33 difference in value).

Between 2000 and 2018: Motor oil, coolant, and fluids experienced an average inflation rate of 5.92% per year. This rate of change indicates significant inflation. In other words, motor oil, coolant, and fluids costing $20 in the year 2000 would cost $56.33 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for motor oil, coolant, and fluids was significantly higher.

In the year 2000: Pricing changed by 5.27%, which is below the average yearly change for motor oil, coolant, and fluids during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for motor oil, coolant, and fluids was higher.

Price Inflation for Motor oil, coolant, and fluids since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (18.91%), 2008 (16.41%), and 2006 (16.38%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor oil, coolant, and fluids:

Year 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
CPI 65.300 67.054 72.769 86.531 94.531 98.746 100.800 100.485 102.254 101.962 100.300 104.254 110.238 111.385 119.415 118.185 118.054 121.408 128.423 131.885 131.692 131.092 131.077 137.985 147.208 153.192 157.123 165.331 182.762 212.692 231.138 269.078 294.293 305.384 334.564 359.596 360.885 367.002 369.021 367.099 374.485 388.622

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Motor oil, coolant, and fluids, 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 5.27%
2001 $21.34 6.68%
2002 $22.20 4.07%
2003 $22.77 2.57%
2004 $23.96 5.22%
2005 $26.49 10.54%
2006 $30.83 16.38%
2007 $33.50 8.67%
2008 $39.00 16.41%
2009 $42.66 9.37%
2010 $44.26 3.77%
2011 $48.49 9.56%
2012 $52.12 7.48%
2013 $52.31 0.36%
2014 $53.19 1.70%
2015 $53.49 0.55%
2016 $53.21 -0.52%
2017 $54.28 2.01%
2018 $56.33 3.77%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for motor oil, coolant, and fluids, 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 Motor oil, coolant, and fluids was 137.985 in the year 2000 and 388.622 in 2018:

388.622 / 137.985 * $20 = $56.33

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $56.33 in 2018 (in the CPI category of Motor oil, coolant, and fluids).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Motor oil, coolant, and fluids in 1977. In addition to motor oil, coolant, and fluids, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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