Electricity priced at $100 in 2000 $166.33 in 2018

Historical Price Inflation for Electricity

$

Prices for Electricity, 2000-2018 ($100)

According to the U.S. Bureau of Labor Statistics, prices for electricity were 66.33% higher in 2018 versus 2000 (a $66.33 difference in value).

Between 2000 and 2018: Electricity experienced an average inflation rate of 2.87% per year. This rate of change indicates significant inflation. In other words, electricity costing $100 in the year 2000 would cost $166.33 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.11% during this same period, inflation for electricity was higher.

In the year 2000: Pricing changed by 1.60%, which is below the average yearly change for electricity during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for electricity was lower.

Price Inflation for Electricity since 1913

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1974 (18.07%), 1980 (15.70%), and 1981 (15%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Electricity:

Year 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 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
CPI 45.500 44.250 42.950 41.850 40.750 41.433 42.500 42.667 43.300 42.740 41.900 41.600 41.067 40.533 39.933 39.133 37.767 37.133 36.533 36.267 35.567 33.000 31.620 30.533 29.800 29.400 28.920 28.620 28.415 28.300 28.254 28.185 28.031 26.977 26.612 26.900 27.100 27.200 27.400 27.646 27.992 28.138 28.462 28.577 28.715 29.077 29.492 29.854 29.900 29.946 29.938 29.785 29.662 29.669 29.923 30.192 30.754 31.785 33.885 35.577 37.369 44.123 49.962 53.131 56.646 60.838 65.538 75.831 87.208 95.823 98.915 105.262 108.938 110.400 110.023 111.531 114.669 117.354 121.777 124.177 126.654 126.708 129.577 131.754 132.454 127.354 126.454 128.477 137.792 136.231 139.485 142.085 150.823 169.169 175.825 187.146 192.712 193.095 196.737 196.630 200.750 208.020 209.191 206.983 211.437 213.697

View price changes for other categories
Indoor plants and flowers · Bread · Educational books and supplies · Juices and nonalcoholic drinks · More

Buying power of $100 since 2000

Below are calculations of equivalent buying power for Electricity, over time, for $100 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 $100.00 1.60%
2001 $107.25 7.25%
2002 $106.04 -1.13%
2003 $108.57 2.39%
2004 $110.59 1.86%
2005 $117.39 6.15%
2006 $131.67 12.16%
2007 $136.85 3.93%
2008 $145.66 6.44%
2009 $150.00 2.97%
2010 $150.30 0.20%
2011 $153.13 1.89%
2012 $153.05 -0.05%
2013 $156.25 2.10%
2014 $161.91 3.62%
2015 $162.82 0.56%
2016 $161.11 -1.06%
2017 $164.57 2.15%
2018 $166.33 1.07%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for electricity, 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 Electricity was 128.477 in the year 2000 and 213.697 in 2018:

213.697 / 128.477 * $100 = $166.33

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2000 has the same "purchasing power" as $166.33 in 2018 (in the CPI category of Electricity).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Electricity in 1913. In addition to electricity, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation.