According to the U.S. Bureau of Labor Statistics, prices for energy were 923.86% higher in 2018 versus 1957 (a $184.77 difference in value).
Between 1957 and 2018: Energy experienced an average inflation rate of 3.89% per year. This rate of change indicates significant inflation. In other words, energy costing $20 in the year 1957 would cost $204.77 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.66% during this same period, inflation for energy was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Energy:
Year | 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 |
CPI | 21.475 | 21.517 | 21.875 | 22.442 | 22.492 | 22.583 | 22.633 | 22.533 | 22.950 | 23.308 | 23.833 | 24.192 | 24.842 | 25.500 | 26.517 | 27.250 | 29.442 | 38.042 | 42.075 | 45.125 | 49.400 | 52.542 | 65.775 | 86.058 | 97.700 | 99.158 | 99.867 | 100.858 | 101.550 | 88.242 | 88.558 | 89.217 | 94.308 | 102.033 | 102.475 | 103.008 | 104.208 | 104.650 | 105.233 | 110.133 | 111.533 | 102.875 | 106.625 | 124.583 | 129.158 | 121.683 | 136.692 | 151.458 | 177.100 | 196.633 | 207.765 | 236.190 | 193.410 | 211.682 | 243.744 | 245.999 | 244.328 | 243.307 | 202.616 | 189.479 | 204.649 | 219.873 | 206.842 |
Below are calculations of equivalent buying power for Energy, over time, for $20 beginning in 1957. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1957 | $20.00 | - |
1958 | $20.04 | 0.19% |
1959 | $20.37 | 1.67% |
1960 | $20.90 | 2.59% |
1961 | $20.95 | 0.22% |
1962 | $21.03 | 0.41% |
1963 | $21.08 | 0.22% |
1964 | $20.99 | -0.44% |
1965 | $21.37 | 1.85% |
1966 | $21.71 | 1.56% |
1967 | $22.20 | 2.25% |
1968 | $22.53 | 1.50% |
1969 | $23.14 | 2.69% |
1970 | $23.75 | 2.65% |
1971 | $24.70 | 3.99% |
1972 | $25.38 | 2.77% |
1973 | $27.42 | 8.04% |
1974 | $35.43 | 29.21% |
1975 | $39.19 | 10.60% |
1976 | $42.03 | 7.25% |
1977 | $46.01 | 9.47% |
1978 | $48.93 | 6.36% |
1979 | $61.26 | 25.19% |
1980 | $80.15 | 30.84% |
1981 | $90.99 | 13.53% |
1982 | $92.35 | 1.49% |
1983 | $93.01 | 0.71% |
1984 | $93.93 | 0.99% |
1985 | $94.58 | 0.69% |
1986 | $82.18 | -13.11% |
1987 | $82.48 | 0.36% |
1988 | $83.09 | 0.74% |
1989 | $87.83 | 5.71% |
1990 | $95.03 | 8.19% |
1991 | $95.44 | 0.43% |
1992 | $95.93 | 0.52% |
1993 | $97.05 | 1.16% |
1994 | $97.46 | 0.42% |
1995 | $98.01 | 0.56% |
1996 | $102.57 | 4.66% |
1997 | $103.87 | 1.27% |
1998 | $95.81 | -7.76% |
1999 | $99.30 | 3.65% |
2000 | $116.03 | 16.84% |
2001 | $120.29 | 3.67% |
2002 | $113.33 | -5.79% |
2003 | $127.30 | 12.33% |
2004 | $141.06 | 10.80% |
2005 | $164.94 | 16.93% |
2006 | $183.13 | 11.03% |
2007 | $193.49 | 5.66% |
2008 | $219.97 | 13.68% |
2009 | $180.13 | -18.11% |
2010 | $197.14 | 9.45% |
2011 | $227.00 | 15.15% |
2012 | $229.10 | 0.93% |
2013 | $227.55 | -0.68% |
2014 | $226.60 | -0.42% |
2015 | $188.70 | -16.72% |
2016 | $176.46 | -6.48% |
2017 | $190.59 | 8.01% |
2018 | $204.77 | 7.44% |
2019 | $192.64 | -5.93%* |