According to the U.S. Bureau of Labor Statistics, prices for energy were 899.77% higher in 2019 versus 1957 (a $1,079,726.19 difference in value).
Between 1957 and 2019: Energy experienced an average inflation rate of 3.78% per year. This rate of change indicates significant inflation. In other words, energy costing $120,000 in the year 1957 would cost $1,199,726.19 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 3.63% 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 | 189.478 | 204.649 | 219.873 | 214.701 |
Below are calculations of equivalent buying power for Energy, over time, for $120000 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 | $120,000.00 | - |
| 1958 | $120,232.83 | 0.19% |
| 1959 | $122,235.16 | 1.67% |
| 1960 | $125,401.63 | 2.59% |
| 1961 | $125,681.02 | 0.22% |
| 1962 | $126,193.25 | 0.41% |
| 1963 | $126,472.64 | 0.22% |
| 1964 | $125,913.85 | -0.44% |
| 1965 | $128,242.14 | 1.85% |
| 1966 | $130,244.47 | 1.56% |
| 1967 | $133,178.11 | 2.25% |
| 1968 | $135,180.44 | 1.50% |
| 1969 | $138,812.57 | 2.69% |
| 1970 | $142,491.27 | 2.65% |
| 1971 | $148,172.29 | 3.99% |
| 1972 | $152,270.08 | 2.77% |
| 1973 | $164,516.88 | 8.04% |
| 1974 | $212,572.76 | 29.21% |
| 1975 | $235,110.59 | 10.60% |
| 1976 | $252,153.67 | 7.25% |
| 1977 | $276,041.91 | 9.47% |
| 1978 | $293,597.21 | 6.36% |
| 1979 | $367,543.66 | 25.19% |
| 1980 | $480,884.75 | 30.84% |
| 1981 | $545,937.14 | 13.53% |
| 1982 | $554,086.15 | 1.49% |
| 1983 | $558,044.24 | 0.71% |
| 1984 | $563,585.56 | 0.99% |
| 1985 | $567,450.52 | 0.69% |
| 1986 | $493,084.98 | -13.11% |
| 1987 | $494,854.48 | 0.36% |
| 1988 | $498,533.18 | 0.74% |
| 1989 | $526,984.87 | 5.71% |
| 1990 | $570,151.34 | 8.19% |
| 1991 | $572,619.32 | 0.43% |
| 1992 | $575,599.53 | 0.52% |
| 1993 | $582,305.01 | 1.16% |
| 1994 | $584,772.99 | 0.42% |
| 1995 | $588,032.60 | 0.56% |
| 1996 | $615,413.27 | 4.66% |
| 1997 | $623,236.32 | 1.27% |
| 1998 | $574,854.48 | -7.76% |
| 1999 | $595,809.08 | 3.65% |
| 2000 | $696,158.32 | 16.84% |
| 2001 | $721,722.93 | 3.67% |
| 2002 | $679,953.43 | -5.79% |
| 2003 | $763,818.39 | 12.33% |
| 2004 | $846,332.95 | 10.80% |
| 2005 | $989,615.83 | 16.93% |
| 2006 | $1,098,766.01 | 11.03% |
| 2007 | $1,160,968.57 | 5.66% |
| 2008 | $1,319,804.89 | 13.68% |
| 2009 | $1,080,752.50 | -18.11% |
| 2010 | $1,182,857.28 | 9.45% |
| 2011 | $1,362,013.97 | 15.15% |
| 2012 | $1,374,613.27 | 0.93% |
| 2013 | $1,365,279.16 | -0.68% |
| 2014 | $1,359,572.99 | -0.42% |
| 2015 | $1,132,194.64 | -16.72% |
| 2016 | $1,058,785.56 | -6.48% |
| 2017 | $1,143,556.69 | 8.01% |
| 2018 | $1,228,626.31 | 7.44% |
| 2019 | $1,199,726.19 | -2.35%* |