According to the U.S. Bureau of Labor Statistics, prices for household energy were 1.75% higher in 2020 versus 2015 (a $0.35 difference in value).
Between 2015 and 2020: Household energy experienced an average inflation rate of 0.35% per year. In other words, household energy costing $20 in the year 2015 would cost $20.35 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.73% during this same period, inflation for household energy was lower.
In the year 2015: Pricing changed by -3.72%, which is significantly below the average yearly change for household energy during the 2015-2020 time period. Compared to inflation for all items in 2015 (0.12%), inflation for household energy was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Household energy:
Below are calculations of equivalent buying power for Household energy, over time, for $20 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|