Motor fuel price inflation, 2024→2026

Motor Fuel Inflation Calculator

Prices for Motor Fuel, 2024-2026 ($20)

According to the U.S. Bureau of Labor Statistics, prices for motor fuel are 6.46% lower in 2026 versus 2024 (a $1.29 difference in value).

Between 2024 and 2026:Motor fuel experienced an average inflation rate of -3.28% per year. This rate of change indicates significant deflation. In other words, motor fuel costing $20 in the year 2024 would cost $18.71 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 1.65% during this same period, inflation for motor fuel was significantly lower.

In the year 2024: Pricing changed by -5.29%, which is below the average yearly change for motor fuel during the 2024-2026 time period. Compared to inflation for all items in 2024 (2.95%), inflation for motor fuel was much lower.

Price Inflation for Motor fuel since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1980 (38.91%), 2021 (35.77%), and 1974 (35.51%).

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Buying power of $20.00 since 2024

Below are calculations of equivalent buying power for Motor fuel, over time, for $20 beginning in 2024. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2024	$20.00	-5.29%
2025	$19.02	-4.89%
2026	$18.71	-1.65%*

* 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 Motor fuel:

Year	1935	1936	1937	1938	1939	1940	1941	1942	1943	1944	1945	1946	1947	1948	1949	1950	1951	1952	1953	1954	1955	1956	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	2022	2023	2024	2025	2026
CPI	13.130	13.550	14.208	13.858	12.942	12.733	13.308	14.075	14.250	14.300	14.250	14.508	16.267	18.467	19.100	18.900	19.458	20.033	21.042	21.775	22.017	22.767	23.767	23.433	23.717	24.408	24.150	24.292	24.225	24.100	24.783	25.517	26.383	26.783	27.667	27.883	28.067	28.417	31.167	42.233	45.100	46.975	49.692	51.808	70.133	97.425	108.458	102.800	99.375	97.833	98.667	77.100	80.225	80.883	88.517	101.175	99.400	99.025	97.992	98.475	99.967	106.283	106.225	92.167	100.708	129.333	124.700	116.608	135.758	160.383	195.667	221.033	239.070	279.652	201.978	239.178	302.619	312.660	303.849	292.435	213.062	188.389	212.721	241.861	233.234	195.242	265.083	350.261	313.257	296.674	282.168	277.520

Adjust motor fuel prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 2024* 2024 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Motor fuel was 296.674 in the year 2024 and 277.520 in 2026:

277.520 / 296.674* $20 = $18.71

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2024 has the same "purchasing power" as $18.71 in 2026 (in the CPI category of Motor fuel).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Motor fuel in 1935. In addition to motor fuel, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.