According to the U.S. Bureau of Labor Statistics, prices for other motor fuels are 50.78% higher in 2024 versus 2020 (a $10.16 difference in value).
Between 2020 and 2024: Other motor fuels experienced an average inflation rate of 10.81% per year. This rate of change indicates significant inflation. In other words, other motor fuels costing $20 in the year 2020 would cost $30.16 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for other motor fuels was significantly higher.
In the year 2020: Pricing changed by -14.68%, which is significantly below the average yearly change for other motor fuels during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), 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 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $20.00 | -14.68% |
| 2021 | $25.19 | 25.96% |
| 2022 | $38.64 | 53.39% |
| 2023 | $33.36 | -13.68% |
| 2024 | $30.16 | -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 |