According to the U.S. Bureau of Labor Statistics, prices for energy were 902.44% higher in 2019 versus 1957 (a $86,634.60 difference in value).
Between 1957 and 2019: Energy experienced an average inflation rate of 3.79% per year. This rate of change indicates significant inflation. In other words, energy costing $9,600 in the year 1957 would cost $96,234.60 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 3.63% during this same period, inflation for energy was higher.
Below are calculations of equivalent buying power for Energy, over time, for $9,600 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 | $9,600.00 | - |
1958 | $9,624.07 | 0.25% |
1959 | $9,789.11 | 1.71% |
1960 | $10,026.36 | 2.42% |
1961 | $10,053.87 | 0.27% |
1962 | $10,095.13 | 0.41% |
1963 | $10,112.32 | 0.17% |
1964 | $10,071.06 | -0.41% |
1965 | $10,256.73 | 1.84% |
1966 | $10,414.90 | 1.54% |
1967 | $10,655.59 | 2.31% |
1968 | $10,813.75 | 1.48% |
1969 | $11,092.26 | 2.58% |
1970 | $11,398.28 | 2.76% |
1971 | $11,848.71 | 3.95% |
1972 | $12,175.36 | 2.76% |
1973 | $13,162.18 | 8.11% |
1974 | $17,009.74 | 29.23% |
1975 | $18,814.90 | 10.61% |
1976 | $20,162.75 | 7.16% |
1977 | $22,077.94 | 9.50% |
1978 | $23,480.80 | 6.35% |
1979 | $29,384.53 | 25.14% |
1980 | $38,455.01 | 30.87% |
1981 | $43,677.94 | 13.58% |
1982 | $44,320.92 | 1.47% |
1983 | $44,664.76 | 0.78% |
1984 | $45,111.75 | 1.00% |
1985 | $45,428.08 | 0.70% |
1986 | $39,438.40 | -13.18% |
1987 | $39,596.56 | 0.40% |
1988 | $39,895.70 | 0.76% |
1989 | $42,158.17 | 5.67% |
1990 | $45,634.38 | 8.25% |
1991 | $45,795.99 | 0.35% |
1992 | $46,040.11 | 0.53% |
1993 | $46,555.87 | 1.12% |
1994 | $46,765.62 | 0.45% |
1995 | $47,040.69 | 0.59% |
1996 | $49,227.51 | 4.65% |
1997 | $49,846.42 | 1.26% |
1998 | $45,985.10 | -7.75% |
1999 | $47,656.16 | 3.63% |
2000 | $55,698.57 | 16.88% |
2001 | $57,792.55 | 3.76% |
2002 | $54,388.54 | -5.89% |
2003 | $61,010.89 | 12.18% |
2004 | $67,671.06 | 10.92% |
2005 | $79,141.55 | 16.95% |
2006 | $87,995.42 | 11.19% |
2007 | $92,850.50 | 5.52% |
2008 | $105,787.77 | 13.93% |
2009 | $86,325.77 | -18.40% |
2010 | $94,515.89 | 9.49% |
2011 | $109,025.26 | 15.35% |
2012 | $109,995.82 | 0.89% |
2013 | $109,248.93 | -0.68% |
2014 | $108,879.68 | -0.34% |
2015 | $90,692.32 | -16.70% |
2016 | $84,720.48 | -6.58% |
2017 | $91,427.52 | 7.92% |
2018 | $98,311.87 | 7.53% |
2019 | $96,234.60 | -2.11% |
2020 | $88,034.65 | -8.52% |
2021 | $106,529.16 | 21.01% |
2022 | $133,322.20 | 25.15% |
2023 | $126,626.23 | -5.02% |
2024 | $122,196.50 | -3.50%* |
* 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:
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 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 21.477 | 21.531 | 21.900 | 22.431 | 22.492 | 22.585 | 22.623 | 22.531 | 22.946 | 23.300 | 23.838 | 24.192 | 24.815 | 25.500 | 26.508 | 27.238 | 29.446 | 38.054 | 42.092 | 45.108 | 49.392 | 52.531 | 65.738 | 86.031 | 97.715 | 99.154 | 99.923 | 100.923 | 101.631 | 88.231 | 88.585 | 89.254 | 94.315 | 102.092 | 102.454 | 103.000 | 104.154 | 104.623 | 105.238 | 110.131 | 111.515 | 102.877 | 106.615 | 124.608 | 129.292 | 121.677 | 136.492 | 151.392 | 177.054 | 196.862 | 207.723 | 236.666 | 193.126 | 211.449 | 243.909 | 246.080 | 244.409 | 243.583 | 202.895 | 189.535 | 204.540 | 219.941 | 215.294 | 196.949 | 238.325 | 298.266 | 283.286 | 273.375 |