Gasoline, unleaded regular priced at $20 in 1976 $97.28 in 2019

Gasoline, Unleaded Regular Inflation Calculator

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Prices for Gasoline, Unleaded Regular, 1976-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for gasoline, unleaded regular were 386.38% higher in 2019 versus 1976 (a $77.28 difference in value).

Between 1976 and 2019: Gasoline, unleaded regular experienced an average inflation rate of 3.75% per year. This rate of change indicates significant inflation. In other words, gasoline, unleaded regular costing $20 in the year 1976 would cost $97.28 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 3.56% during this same period, inflation for gasoline, unleaded regular was higher.

Price Inflation for Gasoline, unleaded regular since 1976

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (38.28%), 1979 (34.68%), and 2000 (29.87%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Gasoline, unleaded regular:

Year 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 46.633 49.850 52.308 70.450 97.417 108.558 102.758 99.408 97.842 98.775 76.500 79.225 79.525 86.475 98.800 97.300 96.817 95.325 95.792 97.508 103.825 103.850 89.158 97.967 127.225 122.400 114.300 134.358 158.975 194.533 219.533 238.228 276.533 201.110 238.424 301.243 311.103 301.362 288.766 208.076 183.429 207.834 235.860 226.816

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Buying power of $20 since 1976

Below are calculations of equivalent buying power for Gasoline, unleaded regular, over time, for $20 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1976 $20.00 -
1977 $21.38 6.90%
1978 $22.43 4.93%
1979 $30.21 34.68%
1980 $41.78 38.28%
1981 $46.56 11.44%
1982 $44.07 -5.34%
1983 $42.63 -3.26%
1984 $41.96 -1.58%
1985 $42.36 0.95%
1986 $32.81 -22.55%
1987 $33.98 3.56%
1988 $34.11 0.38%
1989 $37.09 8.74%
1990 $42.37 14.25%
1991 $41.73 -1.52%
1992 $41.52 -0.50%
1993 $40.88 -1.54%
1994 $41.08 0.49%
1995 $41.82 1.79%
1996 $44.53 6.48%
1997 $44.54 0.02%
1998 $38.24 -14.15%
1999 $42.02 9.88%
2000 $54.56 29.87%
2001 $52.49 -3.79%
2002 $49.02 -6.62%
2003 $57.62 17.55%
2004 $68.18 18.32%
2005 $83.43 22.37%
2006 $94.15 12.85%
2007 $102.17 8.52%
2008 $118.60 16.08%
2009 $86.25 -27.27%
2010 $102.25 18.55%
2011 $129.20 26.35%
2012 $133.43 3.27%
2013 $129.25 -3.13%
2014 $123.85 -4.18%
2015 $89.24 -27.94%
2016 $78.67 -11.84%
2017 $89.14 13.30%
2018 $101.16 13.48%
2019 $97.28 -3.83%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for gasoline, unleaded regular, 1976-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 1976 * 1976 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Gasoline, unleaded regular was 46.633 in the year 1976 and 226.816 in 2019:

226.816 / 46.633 * $20 = $97.28

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1976 has the same "purchasing power" as $97.28 in 2019 (in the CPI category of Gasoline, unleaded regular).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Gasoline, unleaded regular in 1976. In addition to gasoline, unleaded regular, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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