Motor oil, coolant, and fluids priced at $20 in 1977 $124.14 in 2020

Motor Oil, Coolant, And Fluids Inflation Calculator

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Prices for Motor Oil, Coolant, And Fluids, 1977-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for motor oil, coolant, and fluids were 520.71% higher in 2020 versus 1977 (a $104.14 difference in value).

Between 1977 and 2020: Motor oil, coolant, and fluids experienced an average inflation rate of 4.34% per year. This rate of change indicates significant inflation. In other words, motor oil, coolant, and fluids costing $20 in the year 1977 would cost $124.14 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.43% during this same period, inflation for motor oil, coolant, and fluids was higher.

Price Inflation for Motor oil, coolant, and fluids since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (18.91%), 2008 (16.41%), and 2006 (16.38%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor oil, coolant, and fluids:

Year 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
CPI 65.300 67.054 72.769 86.531 94.531 98.746 100.800 100.485 102.254 101.962 100.300 104.254 110.238 111.385 119.415 118.185 118.054 121.408 128.423 131.885 131.692 131.092 131.077 137.985 147.208 153.192 157.123 165.331 182.762 212.692 231.138 269.078 294.293 305.384 334.564 359.596 360.885 367.002 369.021 367.099 374.485 389.905 394.964 405.326

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Buying power of $20 since 1977

Below are calculations of equivalent buying power for Motor oil, coolant, and fluids, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1977 $20.00 -
1978 $20.54 2.69%
1979 $22.29 8.52%
1980 $26.50 18.91%
1981 $28.95 9.25%
1982 $30.24 4.46%
1983 $30.87 2.08%
1984 $30.78 -0.31%
1985 $31.32 1.76%
1986 $31.23 -0.29%
1987 $30.72 -1.63%
1988 $31.93 3.94%
1989 $33.76 5.74%
1990 $34.11 1.04%
1991 $36.57 7.21%
1992 $36.20 -1.03%
1993 $36.16 -0.11%
1994 $37.18 2.84%
1995 $39.33 5.78%
1996 $40.39 2.70%
1997 $40.33 -0.15%
1998 $40.15 -0.46%
1999 $40.15 -0.01%
2000 $42.26 5.27%
2001 $45.09 6.68%
2002 $46.92 4.07%
2003 $48.12 2.57%
2004 $50.64 5.22%
2005 $55.98 10.54%
2006 $65.14 16.38%
2007 $70.79 8.67%
2008 $82.41 16.41%
2009 $90.14 9.37%
2010 $93.53 3.77%
2011 $102.47 9.56%
2012 $110.14 7.48%
2013 $110.53 0.36%
2014 $112.41 1.70%
2015 $113.02 0.55%
2016 $112.43 -0.52%
2017 $114.70 2.01%
2018 $119.42 4.12%
2019 $120.97 1.30%
2020 $124.14 2.62%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for motor oil, coolant, and fluids, 1977-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1977 * 1977 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Motor oil, coolant, and fluids was 65.300 in the year 1977 and 405.326 in 2020:

405.326 / 65.300 * $20 = $124.14

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $124.14 in 2020 (in the CPI category of Motor oil, coolant, and fluids).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Motor oil, coolant, and fluids in 1977. In addition to motor oil, coolant, and fluids, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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