Utility (piped) gas service price history from 1984 through 2019

Utility (piped) Gas Service Inflation Calculator

Prices for Utility (piped) Gas Service, 1984-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for utility (piped) gas service were 62.12% higher in 2019 versus 1984 (a $12.42 difference in value).

Between 1984 and 2019: Utility (piped) gas service experienced an average inflation rate of 1.39% per year. In other words, utility (piped) gas service costing $20 in the year 1984 would cost $32.42 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.61% during this same period, inflation for utility (piped) gas service was lower.

Price Inflation for Utility (piped) gas service since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2003 (22.91%), 2009 (-21.83%), and 2001 (19.89%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Utility (piped) gas service:

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	2019
CPI	105.500	104.767	99.667	95.100	94.500	97.133	97.300	98.533	100.333	106.500	108.500	102.933	107.200	114.600	112.367	113.000	132.033	158.300	135.300	166.300	180.100	215.433	220.767	217.688	247.803	193.717	189.678	184.334	166.585	174.451	186.754	164.597	160.628	173.433	173.609	171.038

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Buying power of $20 since 1984

Below are calculations of equivalent buying power for Utility (piped) gas service, over time, for $20 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1984	$20.00	-
1985	$19.86	-0.70%
1986	$18.89	-4.87%
1987	$18.03	-4.58%
1988	$17.91	-0.63%
1989	$18.41	2.79%
1990	$18.45	0.17%
1991	$18.68	1.27%
1992	$19.02	1.83%
1993	$20.19	6.15%
1994	$20.57	1.88%
1995	$19.51	-5.13%
1996	$20.32	4.15%
1997	$21.73	6.90%
1998	$21.30	-1.95%
1999	$21.42	0.56%
2000	$25.03	16.84%
2001	$30.01	19.89%
2002	$25.65	-14.53%
2003	$31.53	22.91%
2004	$34.14	8.30%
2005	$40.84	19.62%
2006	$41.85	2.48%
2007	$41.27	-1.39%
2008	$46.98	13.83%
2009	$36.72	-21.83%
2010	$35.96	-2.09%
2011	$34.94	-2.82%
2012	$31.58	-9.63%
2013	$33.07	4.72%
2014	$35.40	7.05%
2015	$31.20	-11.86%
2016	$30.45	-2.41%
2017	$32.88	7.97%
2018	$32.91	0.10%
2019	$32.42	-1.48%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for utility (piped) gas service, 1984-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 1984 * 1984 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Utility (piped) gas service was 105.500 in the year 1984 and 171.038 in 2019:

171.038 / 105.500 * $20 = $32.42

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1984 has the same "purchasing power" as $32.42 in 2019 (in the CPI category of Utility (piped) gas service).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Utility (piped) gas service in 1984. In addition to utility (piped) gas service, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.