According to the U.S. Bureau of Labor Statistics, prices for energy services are 1,470.57% higher in 2026 versus 1947 (a $294.11 difference in value).
Between 1947 and 2026:Energy services experienced an average inflation rate of 3.55% per year. This rate of change indicates significant inflation. In other words, energy services costing $20 in the year 1947 would cost $314.11 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for energy services was higher.
In the year 1947: Pricing changed by -0.27%, which is significantly below the average yearly change for energy services during the 1947-2026 time period. Compared to inflation for all items in 1947 (14.39%), inflation for energy services was much lower.
Below are calculations of equivalent buying power for Energy services, over time, for $20 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1947 | $20.00 | -0.27% |
| 1948 | $20.47 | 2.37% |
| 1949 | $21.02 | 2.67% |
| 1950 | $21.02 | 0.00% ** |
| 1951 | $21.12 | 0.48% |
| 1952 | $21.38 | 1.21% |
| 1953 | $21.82 | 2.09% |
| 1954 | $22.09 | 1.21% |
| 1955 | $22.64 | 2.52% |
| 1956 | $22.91 | 1.17% |
| 1957 | $23.13 | 0.96% |
| 1958 | $23.96 | 3.59% |
| 1959 | $24.56 | 2.51% |
| 1960 | $25.54 | 4.01% |
| 1961 | $25.74 | 0.75% |
| 1962 | $25.74 | 0.00% ** |
| 1963 | $25.73 | -0.04% |
| 1964 | $25.75 | 0.07% |
| 1965 | $25.70 | -0.18% |
| 1966 | $25.80 | 0.39% |
| 1967 | $25.90 | 0.39% |
| 1968 | $26.13 | 0.88% |
| 1969 | $26.62 | 1.88% |
| 1970 | $27.78 | 4.35% |
| 1971 | $29.71 | 6.96% |
| 1972 | $31.21 | 5.03% |
| 1973 | $32.73 | 4.88% |
| 1974 | $37.75 | 15.32% |
| 1975 | $43.93 | 16.38% |
| 1976 | $48.94 | 11.40% |
| 1977 | $55.26 | 12.91% |
| 1978 | $60.23 | 8.99% |
| 1979 | $66.77 | 10.86% |
| 1980 | $78.17 | 17.07% |
| 1981 | $89.58 | 14.60% |
| 1982 | $101.99 | 13.86% |
| 1983 | $111.03 | 8.86% |
| 1984 | $115.29 | 3.84% |
| 1985 | $117.23 | 1.68% |
| 1986 | $115.70 | -1.31% |
| 1987 | $113.63 | -1.78% |
| 1988 | $114.51 | 0.77% |
| 1989 | $117.69 | 2.78% |
| 1990 | $119.65 | 1.67% |
| 1991 | $123.23 | 2.99% |
| 1992 | $125.62 | 1.94% |
| 1993 | $129.69 | 3.24% |
| 1994 | $130.49 | 0.62% |
| 1995 | $130.42 | -0.05% |
| 1996 | $133.58 | 2.42% |
| 1997 | $136.86 | 2.46% |
| 1998 | $132.69 | -3.05% |
| 1999 | $132.26 | -0.32% |
| 2000 | $140.12 | 5.94% |
| 2001 | $155.85 | 11.23% |
| 2002 | $147.10 | -5.62% |
| 2003 | $158.72 | 7.91% |
| 2004 | $164.84 | 3.86% |
| 2005 | $182.24 | 10.56% |
| 2006 | $199.30 | 9.36% |
| 2007 | $203.84 | 2.28% |
| 2008 | $221.30 | 8.56% |
| 2009 | $211.83 | -4.28% |
| 2010 | $211.09 | -0.35% |
| 2011 | $212.73 | 0.78% |
| 2012 | $207.58 | -2.42% |
| 2013 | $213.20 | 2.70% |
| 2014 | $222.57 | 4.40% |
| 2015 | $217.46 | -2.29% |
| 2016 | $214.57 | -1.33% |
| 2017 | $221.82 | 3.38% |
| 2018 | $223.05 | 0.55% |
| 2019 | $222.66 | -0.18% |
| 2020 | $223.81 | 0.52% |
| 2021 | $239.52 | 7.02% |
| 2022 | $278.07 | 16.09% |
| 2023 | $285.17 | 2.55% |
| 2024 | $293.34 | 2.87% |
| 2025 | $310.82 | 5.96% |
| 2026 | $314.11 | 1.06%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Energy services:
| Year | 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 20.410 | 19.992 | 19.675 | 19.625 | 19.600 | 19.483 | 19.267 | 19.183 | 19.075 | 19.017 | 18.875 | 18.325 | 18.275 | 18.708 | 19.208 | 19.208 | 19.300 | 19.533 | 19.942 | 20.183 | 20.692 | 20.933 | 21.133 | 21.892 | 22.442 | 23.342 | 23.517 | 23.517 | 23.508 | 23.525 | 23.483 | 23.575 | 23.667 | 23.875 | 24.325 | 25.383 | 27.150 | 28.517 | 29.908 | 34.492 | 40.142 | 44.717 | 50.492 | 55.033 | 61.008 | 71.425 | 81.850 | 93.192 | 101.450 | 105.350 | 107.117 | 105.717 | 103.833 | 104.633 | 107.542 | 109.333 | 112.600 | 114.783 | 118.500 | 119.233 | 119.175 | 122.058 | 125.058 | 121.242 | 120.850 | 128.033 | 142.408 | 134.408 | 145.033 | 150.625 | 166.525 | 182.108 | 186.262 | 202.212 | 193.563 | 192.886 | 194.386 | 189.679 | 194.809 | 203.374 | 198.708 | 196.059 | 202.691 | 203.815 | 203.454 | 204.508 | 218.863 | 254.085 | 260.571 | 268.041 | 284.015 | 287.021 |