According to the U.S. Bureau of Labor Statistics, prices for other motor fuels are 207.80% higher in 2024 versus 1998 (a $41.56 difference in value).
Between 1998 and 2024: Other motor fuels experienced an average inflation rate of 4.42% per year. This rate of change indicates significant inflation. In other words, other motor fuels costing $20 in the year 1998 would cost $61.56 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for other motor fuels was higher.
In the year 1998: Pricing changed by -7.55%, which is significantly below the average yearly change for other motor fuels during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for other motor fuels was much lower.
Below are calculations of equivalent buying power for Other motor fuels, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | -7.55% |
| 1999 | $20.73 | 3.65% |
| 2000 | $27.19 | 31.15% |
| 2001 | $26.63 | -2.06% |
| 2002 | $24.09 | -9.54% |
| 2003 | $26.39 | 9.53% |
| 2004 | $30.63 | 16.09% |
| 2005 | $39.75 | 29.75% |
| 2006 | $44.34 | 11.56% |
| 2007 | $46.97 | 5.94% |
| 2008 | $61.24 | 30.37% |
| 2009 | $39.49 | -35.52% |
| 2010 | $47.14 | 19.36% |
| 2011 | $60.49 | 28.32% |
| 2012 | $62.36 | 3.10% |
| 2013 | $61.31 | -1.69% |
| 2014 | $59.85 | -2.38% |
| 2015 | $42.73 | -28.61% |
| 2016 | $35.88 | -16.04% |
| 2017 | $41.31 | 15.15% |
| 2018 | $49.50 | 19.82% |
| 2019 | $47.85 | -3.33% |
| 2020 | $40.83 | -14.68% |
| 2021 | $51.43 | 25.96% |
| 2022 | $78.88 | 53.39% |
| 2023 | $68.09 | -13.68% |
| 2024 | $61.56 | -9.59%* |
* 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 Other motor fuels:
| Year | 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 |
| CPI | 100.000 | 92.454 | 95.831 | 125.685 | 123.100 | 111.362 | 121.977 | 141.600 | 183.731 | 204.969 | 217.145 | 283.092 | 182.549 | 217.895 | 279.608 | 288.282 | 283.401 | 276.665 | 197.519 | 165.843 | 190.966 | 228.810 | 221.200 | 188.735 | 237.726 | 364.637 | 314.763 | 284.576 |