Household energy priced at $20 in 1988 $40.42 in 2020

Household Energy Inflation Calculator

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Prices for Household Energy, 1988-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for household energy were 102.12% higher in 2020 versus 1988 (a $20.42 difference in value).

Between 1988 and 2020: Household energy experienced an average inflation rate of 2.22% per year. This rate of change indicates significant inflation. In other words, household energy costing $20 in the year 1988 would cost $40.42 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.47% during this same period, inflation for household energy was lower.

In the year 1988: Pricing changed by 0.72%, which is below the average yearly change for household energy during the 1988-2020 time period. Compared to inflation for all items in 1988 (4.08%), inflation for household energy was much lower.

Price Inflation for Household energy since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2005 (11.89%), 2008 (10.49%), and 2001 (10.29%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Household energy:

Year 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
CPI 103.967 104.500 99.200 97.300 98.000 100.900 104.500 106.733 108.100 111.233 111.667 111.500 115.200 117.900 113.733 113.500 122.767 135.400 127.233 138.200 144.400 161.567 177.100 181.744 200.808 188.113 189.286 193.648 189.308 193.840 202.192 194.667 191.050 198.308 200.826 200.042 198.074

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Buying power of $20 since 1988

Below are calculations of equivalent buying power for Household energy, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1988 $20.00 0.72%
1989 $20.59 2.96%
1990 $21.33 3.57%
1991 $21.78 2.14%
1992 $22.06 1.28%
1993 $22.70 2.90%
1994 $22.79 0.39%
1995 $22.76 -0.15%
1996 $23.51 3.32%
1997 $24.06 2.34%
1998 $23.21 -3.53%
1999 $23.16 -0.21%
2000 $25.05 8.16%
2001 $27.63 10.29%
2002 $25.97 -6.03%
2003 $28.20 8.62%
2004 $29.47 4.49%
2005 $32.97 11.89%
2006 $36.14 9.61%
2007 $37.09 2.62%
2008 $40.98 10.49%
2009 $38.39 -6.32%
2010 $38.63 0.62%
2011 $39.52 2.30%
2012 $38.63 -2.24%
2013 $39.56 2.39%
2014 $41.26 4.31%
2015 $39.73 -3.72%
2016 $38.99 -1.86%
2017 $40.47 3.80%
2018 $40.98 1.27%
2019 $40.82 -0.39%
2020 $40.42 -0.98%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for household energy, 1988-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1988 * 1988 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Household energy was 98.000 in the year 1988 and 198.074 in 2020:

198.074 / 98.000 * $20 = $40.42

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1988 has the same "purchasing power" as $40.42 in 2020 (in the CPI category of Household energy).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Household energy in 1984. In addition to household 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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