Energy priced at $20 in 1972 $220 in 2022

Energy Inflation Calculator

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Prices for Energy, 1972-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for energy are 999.98% higher in 2022 versus 1972 (a $200 difference in value).

Between 1972 and 2022: Energy experienced an average inflation rate of 4.91% per year. This rate of change indicates significant inflation. In other words, energy costing $20 in the year 1972 would cost $220 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.96% during this same period, inflation for energy was higher.

In the year 1972: Pricing changed by 2.77%, which is below the average yearly change for energy during the 1972-2022 time period. Compared to inflation for all items in 1972 (3.27%), inflation for energy was lower.

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 2022 (25.80%).

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Buying power of $20.00 since 1972

Below are calculations of equivalent buying power for Energy, over time, for $20 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$20.002.77%
1973$21.618.04%
1974$27.9229.21%
1975$30.8810.60%
1976$33.127.25%
1977$36.269.47%
1978$38.566.36%
1979$48.2825.19%
1980$63.1630.84%
1981$71.7113.53%
1982$72.781.49%
1983$73.300.71%
1984$74.020.99%
1985$74.530.69%
1986$64.76-13.11%
1987$65.000.36%
1988$65.480.74%
1989$69.225.71%
1990$74.898.19%
1991$75.210.43%
1992$75.600.52%
1993$76.481.16%
1994$76.810.42%
1995$77.240.56%
1996$80.834.66%
1997$81.861.27%
1998$75.50-7.76%
1999$78.263.65%
2000$91.4416.84%
2001$94.803.67%
2002$89.31-5.79%
2003$100.3212.33%
2004$111.1610.80%
2005$129.9816.93%
2006$144.3211.03%
2007$152.495.66%
2008$173.3513.68%
2009$141.95-18.11%
2010$155.369.45%
2011$178.8915.15%
2012$180.550.93%
2013$179.32-0.68%
2014$178.57-0.42%
2015$148.72-16.72%
2016$139.08-6.48%
2017$150.248.02%
2018$161.387.42%
2019$157.96-2.12%
2020$144.76-8.36%
2021$174.8820.81%
2022$220.0025.80%*

* 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:

Year195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI21.47521.51721.87522.44222.49222.58322.63322.53322.95023.30823.83324.19224.84225.50026.51727.25029.44238.04242.07545.12549.40052.54265.77586.05897.70099.15899.867100.858101.55088.24288.55889.21794.308102.033102.475103.008104.208104.650105.233110.133111.533102.875106.625124.583129.158121.683136.692151.458177.100196.633207.765236.190193.410211.682243.744245.999244.328243.307202.632189.500204.696219.879215.225197.238238.279299.744

Adjust energy prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1972 * 1972 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Energy was 27.250 in the year 1972 and 299.744 in 2022:

299.744 / 27.250 * $20 = $220

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1972 has the same "purchasing power" as $220 in 2022 (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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