Propane, kerosene, and firewood priced at $20 in 1986 $74.23 in 2021

Propane, Kerosene, And Firewood Inflation Calculator

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Prices for Propane, Kerosene, And Firewood, 1986-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for propane, kerosene, and firewood were 271.13% higher in 2021 versus 1986 (a $54.23 difference in value).

Between 1986 and 2021: Propane, kerosene, and firewood experienced an average inflation rate of 3.82% per year. This rate of change indicates significant inflation. In other words, propane, kerosene, and firewood costing $20 in the year 1986 would cost $74.23 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for propane, kerosene, and firewood was higher.

Price Inflation for Propane, kerosene, and firewood since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2000 (22.08%), 2008 (20.36%), and 2005 (19.05%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Propane, kerosene, and firewood:

Year 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
CPI 100.000 101.600 102.715 104.038 123.362 122.669 119.477 119.992 118.408 118.077 128.038 131.392 126.669 127.392 155.523 168.708 154.762 181.923 202.077 240.569 268.808 285.957 344.190 293.062 320.589 348.050 328.400 327.604 358.421 305.881 295.486 322.124 340.905 329.086 319.835 371.127

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Buying power of $20 since 1986

Below are calculations of equivalent buying power for Propane, kerosene, and firewood, over time, for $20 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1986 $20.00 -
1987 $20.32 1.60%
1988 $20.54 1.10%
1989 $20.81 1.29%
1990 $24.67 18.57%
1991 $24.53 -0.56%
1992 $23.90 -2.60%
1993 $24.00 0.43%
1994 $23.68 -1.32%
1995 $23.62 -0.28%
1996 $25.61 8.44%
1997 $26.28 2.62%
1998 $25.33 -3.59%
1999 $25.48 0.57%
2000 $31.10 22.08%
2001 $33.74 8.48%
2002 $30.95 -8.27%
2003 $36.38 17.55%
2004 $40.42 11.08%
2005 $48.11 19.05%
2006 $53.76 11.74%
2007 $57.19 6.38%
2008 $68.84 20.36%
2009 $58.61 -14.85%
2010 $64.12 9.39%
2011 $69.61 8.57%
2012 $65.68 -5.65%
2013 $65.52 -0.24%
2014 $71.68 9.41%
2015 $61.18 -14.66%
2016 $59.10 -3.40%
2017 $64.42 9.02%
2018 $68.18 5.83%
2019 $65.82 -3.47%
2020 $63.97 -2.81%
2021 $74.23 16.04%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for propane, kerosene, and firewood, 1986-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1986 * 1986 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Propane, kerosene, and firewood was 100.000 in the year 1986 and 371.127 in 2021:

371.127 / 100.000 * $20 = $74.23

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1986 has the same "purchasing power" as $74.23 in 2021 (in the CPI category of Propane, kerosene, and firewood).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Propane, kerosene, and firewood in 1986. In addition to propane, kerosene, and firewood, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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