Energy priced at $820 in 1957 $8,377.06 in 2018

Historical Price Inflation for Energy

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Prices for Energy, 1957-2018 ($820)

According to the U.S. Bureau of Labor Statistics, prices for energy were 921.59% higher in 2018 versus 1957 (a $7,557.06 difference in value).

Between 1957 and 2018: Energy experienced an average inflation rate of 3.88% per year. This rate of change indicates significant inflation. In other words, energy costing $820 in the year 1957 would cost $8,377.06 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.65% during this same period, inflation for energy was higher.

Price Inflation for Energy since 1957

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (30.84%), 1974 (29.21%), and 1979 (25.19%).

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
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 94.308 102.033 102.475 103.008 104.208 104.650 105.233 110.133 111.533 102.875 106.625 124.583 129.158 121.683 136.692 151.458 177.100 196.633 207.765 236.190 193.410 211.682 243.744 245.999 244.328 243.236 202.585 189.489 204.729 219.387

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Buying power of $820 since 1957

Below are calculations of equivalent buying power for Energy, over time, for $820 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 $820.00 -
1958 $821.59 0.19%
1959 $835.27 1.67%
1960 $856.91 2.59%
1961 $858.82 0.22%
1962 $862.32 0.41%
1963 $864.23 0.22%
1964 $860.41 -0.44%
1965 $876.32 1.85%
1966 $890.00 1.56%
1967 $910.05 2.25%
1968 $923.73 1.50%
1969 $948.55 2.69%
1970 $973.69 2.65%
1971 $1,012.51 3.99%
1972 $1,040.51 2.77%
1973 $1,124.20 8.04%
1974 $1,452.58 29.21%
1975 $1,606.59 10.60%
1976 $1,723.05 7.25%
1977 $1,886.29 9.47%
1978 $2,006.25 6.36%
1979 $2,511.55 25.19%
1980 $3,286.05 30.84%
1981 $3,730.57 13.53%
1982 $3,786.26 1.49%
1983 $3,813.30 0.71%
1984 $3,851.17 0.99%
1985 $3,877.58 0.69%
1986 $3,369.41 -13.11%
1987 $3,381.51 0.36%
1988 $3,406.64 0.74%
1989 $3,601.06 5.71%
1990 $3,896.03 8.19%
1991 $3,912.90 0.43%
1992 $3,933.26 0.52%
1993 $3,979.08 1.16%
1994 $3,995.95 0.42%
1995 $4,018.22 0.56%
1996 $4,205.32 4.66%
1997 $4,258.78 1.27%
1998 $3,928.17 -7.76%
1999 $4,071.36 3.65%
2000 $4,757.08 16.84%
2001 $4,931.77 3.67%
2002 $4,646.35 -5.79%
2003 $5,219.43 12.33%
2004 $5,783.28 10.80%
2005 $6,762.37 16.93%
2006 $7,508.23 11.03%
2007 $7,933.29 5.66%
2008 $9,018.67 13.68%
2009 $7,385.14 -18.11%
2010 $8,082.86 9.45%
2011 $9,307.10 15.15%
2012 $9,393.19 0.93%
2013 $9,329.41 -0.68%
2014 $9,287.70 -0.45%
2015 $7,735.51 -16.71%
2016 $7,235.43 -6.46%
2017 $7,817.35 8.04%
2018 $8,377.06 7.16%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for energy, 1957-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 1957 * 1957 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Energy was 21.475 in the year 1957 and 219.387 in 2018:

219.387 / 21.475 * $820 = $8,377.06

Therefore, according to U.S. Bureau of Labor Statistics, $820 in 1957 has the same "purchasing power" as $8,377.06 in 2018 (in the CPI category of Energy).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Energy in 1957. In addition to energy, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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