Fuels and utilities priced at $20 in 1989 $44.98 in 2019

Historical Price Inflation for Fuels and utilities

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Prices for Fuels And Utilities, 1989-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fuels and utilities were 124.90% higher in 2019 versus 1989 (a $24.98 difference in value).

Between 1989 and 2019: Fuels and utilities experienced an average inflation rate of 2.74% per year. This rate of change indicates significant inflation. In other words, fuels and utilities costing $20 in the year 1989 would cost $44.98 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.39% during this same period, inflation for fuels and utilities was higher.

In the year 1989: Pricing changed by 3.19%, which is above the average yearly change for fuels and utilities during the 1989-2019 time period. Compared to inflation for all items in 1989 (4.83%), inflation for fuels and utilities was lower.

Price Inflation for Fuels and utilities since 1952

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1974 (18.34%), 1980 (16.43%), and 1981 (14.60%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fuels and utilities:

Year 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 2019
CPI 22.200 22.477 22.585 23.062 23.623 24.323 24.815 25.369 25.946 26.262 26.331 26.562 26.638 26.631 26.738 27.062 27.415 28.046 29.131 31.115 32.485 34.346 40.646 45.415 49.438 54.723 58.454 64.754 75.392 86.400 94.931 100.223 104.838 106.531 104.115 103.031 104.438 107.769 111.615 115.262 117.800 121.315 122.785 123.654 127.508 130.754 128.462 128.800 137.892 150.169 143.562 154.538 161.892 179.038 194.700 200.632 220.018 210.696 214.187 220.367 218.986 225.207 234.589 230.129 228.855 237.315 241.554 242.374

View price changes for other categories
Electricity · San Francisco, California · Gasoline (all types) · Tampa, Florida · More

Buying power of $20 since 1989

Below are calculations of equivalent buying power for Fuels and utilities, over time, for $20 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1989 $20.00 3.19%
1990 $20.71 3.57%
1991 $21.39 3.27%
1992 $21.86 2.20%
1993 $22.51 2.98%
1994 $22.79 1.21%
1995 $22.95 0.71%
1996 $23.66 3.12%
1997 $24.27 2.55%
1998 $23.84 -1.75%
1999 $23.90 0.26%
2000 $25.59 7.06%
2001 $27.87 8.90%
2002 $26.64 -4.40%
2003 $28.68 7.65%
2004 $30.04 4.76%
2005 $33.23 10.59%
2006 $36.13 8.75%
2007 $37.23 3.05%
2008 $40.83 9.66%
2009 $39.10 -4.24%
2010 $39.75 1.66%
2011 $40.90 2.89%
2012 $40.64 -0.63%
2013 $41.79 2.84%
2014 $43.54 4.17%
2015 $42.71 -1.90%
2016 $42.47 -0.55%
2017 $44.04 3.70%
2018 $44.83 1.79%
2019 $44.98 0.34%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for fuels and utilities, 1989-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 1989 * 1989 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Fuels and utilities was 107.769 in the year 1989 and 242.374 in 2019:

242.374 / 107.769 * $20 = $44.98

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1989 has the same "purchasing power" as $44.98 in 2019 (in the CPI category of Fuels and utilities).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fuels and utilities in 1952. In addition to fuels and utilities, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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