According to the U.S. Bureau of Labor Statistics, prices for energy were 120.18% higher in 2021 versus 1983 (a $24.04 difference in value).
Between 1983 and 2021: Energy experienced an average inflation rate of 2.10% per year. This rate of change indicates significant inflation. In other words, energy costing $20 in the year 1983 would cost $44.04 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.59% during this same period, inflation for energy was lower.
In the year 1983: Pricing changed by 0.71%, which is below the average yearly change for energy during the 1983-2021 time period. Compared to inflation for all items in 1983 (3.21%), inflation for energy was lower.
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 |
| 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 | 202.633 | 189.500 | 204.705 | 219.889 | 215.247 | 197.286 | 219.885 |
Below are calculations of equivalent buying power for Energy, over time, for $20 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1983 | $20.00 | 0.71% |
| 1984 | $20.20 | 0.99% |
| 1985 | $20.34 | 0.69% |
| 1986 | $17.67 | -13.11% |
| 1987 | $17.74 | 0.36% |
| 1988 | $17.87 | 0.74% |
| 1989 | $18.89 | 5.71% |
| 1990 | $20.43 | 8.19% |
| 1991 | $20.52 | 0.43% |
| 1992 | $20.63 | 0.52% |
| 1993 | $20.87 | 1.16% |
| 1994 | $20.96 | 0.42% |
| 1995 | $21.07 | 0.56% |
| 1996 | $22.06 | 4.66% |
| 1997 | $22.34 | 1.27% |
| 1998 | $20.60 | -7.76% |
| 1999 | $21.35 | 3.65% |
| 2000 | $24.95 | 16.84% |
| 2001 | $25.87 | 3.67% |
| 2002 | $24.37 | -5.79% |
| 2003 | $27.37 | 12.33% |
| 2004 | $30.33 | 10.80% |
| 2005 | $35.47 | 16.93% |
| 2006 | $39.38 | 11.03% |
| 2007 | $41.61 | 5.66% |
| 2008 | $47.30 | 13.68% |
| 2009 | $38.73 | -18.11% |
| 2010 | $42.39 | 9.45% |
| 2011 | $48.81 | 15.15% |
| 2012 | $49.27 | 0.93% |
| 2013 | $48.93 | -0.68% |
| 2014 | $48.73 | -0.42% |
| 2015 | $40.58 | -16.72% |
| 2016 | $37.95 | -6.48% |
| 2017 | $41.00 | 8.02% |
| 2018 | $44.04 | 7.42% |
| 2019 | $43.11 | -2.11% |
| 2020 | $39.51 | -8.34% |
| 2021 | $44.04 | 11.45%* |